
The Great Global Transformation
National Market Liberalism in a Multipolar World
$32.73
- Paperback
288 pages
- Release Date
5 November 2026
Summary
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 econom…
Book Details
| ISBN-13: | 9781802064681 |
|---|---|
| ISBN-10: | 1802064680 |
| Author: | Branko Milanovic |
| Publisher: | Penguin Books Ltd |
| Imprint: | Penguin |
| Format: | Paperback |
| Number of Pages: | 288 |
| Release Date: | 5 November 2026 |
| Weight: | 500g |
| Dimensions: | 35mm x 129mm x 198mm |

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Critics Review
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 Turchin
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 – Gordon Brown
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 – Daniel Markovits
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 – Daniel Chandler
Yet another fascinating book by the prolific Branko Milanovic – Grace Blakeley
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 – Samuel Moyn
Branko Milanovic
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.
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