The Great Global Transformation

Milanovic has a gift of illuminating the world in both the grand context and empirical detail… expertly marrying political theory, political economy and economic history * New Statesman *Intriguing and original – Martin Wolf * Financial Times *Milanovic is not just a leading economist of our time; his intellectual horizons and learning are extraordinary * Irish Times *Milanovic’s analysis is enriched by important insights from history and sociology… the book is based on diligent work on empirical data, and produces a strong socio-economic analysis of the Chinese and Western elite * LSE Review of Books *A penetrating analysis from the world’s foremost authority on economic inequality – Peter TurchinNo one describes better and quantifies with such precision the global transformations now underway than Branko Milanovic. This is a must read for anyone concerned about the future of the world order – Gordon BrownProfound… Simultaneously panoramic and telescopic, there is no better account of how we have got to where we are, and no clearer-eyed analysis of where we might go next – Daniel MarkovitsBranko Milanovic is a singularly fearless, incisive, and panoramic thinker. The Great Global Transformation is a path-breaking analysis of how Asia’s rise has shattered the neoliberal world order and what might come next – Daniel ChandlerYet another fascinating book by the prolific Branko Milanovic – Grace BlakeleyMore than anyone alive, Branko Milanovic was likely to propound a grand theory of our perplexing global moment, rooted in data and facts. With brilliance, panache, and reliability, he has done it in this stellar book – Samuel MoynBranko Milanovic combines his deep knowledge of political economy and philosophy and his mastery of distributional statistics to the utmost limits of their ability to explain the rise of Asia and the corresponding decline of the West – James K. GalbraithIn this incisive new book, Branko Milanovic draws on his unique combination of empirical rigor, philosophical depth, and sharp commentary to illuminate the forces behind the great transformations of our time. Anyone who wants to understand the issues that will decide our future should read it – Fritz BartelVividly captures a world at another crossroads with eloquence, humour and magisterial presentation of quantitative data – Debin MaA provocative tour-de-force. Milanovic reshapes how we think about inequality within and among countries and shows how economic power drives the geopolitics of our emerging multipolar world – Julian GewirtzBranko Milanovic analyses with great clarity the historical forces, greater than any we have seen in the last two centuries, presently transforming the world. Everyone who wants to understand these titanic changes must read this book. It is essential reading – Martin Jacques

Branko Milanovic is Senior Scholar at the Stone Center on Socio-Economic Inequality at the City University of New York and Visiting Professor at the International Inequalities Institute at the London School of Economics and Political Science. Formerly Lead Economist in the World Bank’s research department, he is a world-leading scholar of income inequality, and was the co-creator of The Elephant Curve, also known as the Lakner-Milanovic curve. He is the author of numerous books, including Visions of Inequality, Capitalism, Alone and Global Inequality- A New Approach for the Age of Globalisation.