Globalist Manifesto for Public Policy

By Charles Calomiris
Foreword by Takumi Shibata
April 2002
Institute of Economic Affairs
ISBN: 0-255-36525-X
80 pages, illustrated
$19.50 paper original

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A worldwide trend towards privatisation, liberalisation and globalisation has produced substantial economic benefits. Nevertheless, liberalisation has had its shortcomings and there are potential threats to further progress, including in particular an anti-liberalisation backlash.

Continuing progress depends on the ability to articulate a clear vision of the positive effects of global liberalisation and to establish institutions and policies which can help realise that vision. Reversing globalisation would harm the world's poorest inhabitants.

Professor Charles Calomiris, well known for his work on national and international financial markets, examines the successes and failures of recent global liberalisation and derives a 'globalist manifesto' for public policy. His paper is a revised version of the tenth annual IEA Hayek Memorial Lecture given in July 2001.

Economics; Politics
Occasional Paper, No. 124

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