Branko Milanovic

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

Milanovic is not just a leading economist of our time; his intellectual horizons and learning are extraordinary

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

A penetrating analysis from the world’s foremost authority on economic inequality

No 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

Profound... 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

Branko 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

Yet another fascinating book by the prolific Branko Milanovic

More 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

Branko 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

In 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

Vividly captures a world at another crossroads with eloquence, humour and magisterial presentation of quantitative data

A 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

Branko 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

National Market Liberalism in a Multipolar World

A Financial Times Book of the Year 
 
Global neoliberalism is on its last legs, while a new international economic order is taking hold. Trade blocs, tariff wars, economic sanctions, and national champions are in; nationalism, anti-immigration movements and the far-right are on the rise. Liberalism is being rejected by the civic realm, as the status quo of the past fifty years crumbles. What remains in its wake? 
 
Drawing on original research, leading economist Branko Milanovic reveals the seismic shifts that are shaping our world. He details the facts: how the rising economic power of Asia is creating a new global ‘middle class’ in the greatest reshuffle of incomes since the Industrial Revolution. He explores our fears: why are we becoming increasingly unhappy, when the world is becoming richer and more equal? And he shows us the fight ahead: as plutocracy returns, global war threatens, and a new system silently shapes our nations, driving malcontent to breaking point. In The Great Global Transformation, Milanovic provides an invaluable guide to the new 21st century.

Branko Milanovic

Praise for 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

Intriguing and original

Milanovic is not just a leading economist of our time; his intellectual horizons and learning are extraordinary

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

Intriguing and original

Milanovic is not just a leading economist of our time; his intellectual horizons and learning are extraordinary

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

Intriguing and original

Milanovic is not just a leading economist of our time; his intellectual horizons and learning are extraordinary

Follow penguin

Follow ladybird

Follow puffin

Sign up to the Penguin newsletter