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LIEOLiberal International Economic Order
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(101.) What is unexpected is that the United States, the architect of the liberal international economic order, is now the one frontally attacking it--not China, India, and other emerging economies that, despite their complaints about the WTO in the past, now defend it.
It is the central conclusion of the present article that the reform of the international monetary system is an essential task in order to maintain and strengthen a liberal international economic order. Without the rebuilding of a stable and equitable international monetary order there is little chance for a "soft landing" from the current crisis and for avoiding recurring new financial crises.
The book is an argument for "liberal international economic order." In those words, Wolf promotes a global capitalist model, with limited state intervention and corporate freedom to act.