Carlo Pelanda

Explore about the Famous Economist Carlo Pelanda, who was born in Italy on April 17, 1951. Analyze Carlo Pelanda’s net worth, age, bio, birthday, dating, height-weight, wiki. Investigate who is Carlo Pelanda dating now? Look into this article to know how old is Carlo Pelanda?

Carlo Pelanda Biography

Pelanda argues that the system of world governance built on U.S. dominance, the U.S. Dollar, and the Western nature of international institutions is breaking down. The United States is still the single most powerful country in the world but it is now too “small” to maintain its role as global governor as it has done since 1945. The world has become too big to be governed by one power.

Carlo A. Pelanda (born April 17, 1951 in Tolmezzo, Italy) is an Italian professor of Political Science and Economics.

In the 2000 book, Growth State: For a Global Alliance between State and Market, Pelanda proposes a new formulation of the state that performs more efficiently and effectively the mission of helping the majority of citizens have a good position in the market. As wealth inequality grows, polarizing the rich and poor and creating social conflict, the state can prioritize growth or protectionism. Protectionist and aggressive nationalist policies will only accentuate wealth inequality so therefore States have no option but to prioritize growth. The challenge of the growth formulation will be to capitalize each citizen and guarantee their access to technology while at the same time managing the ecological ad technological risks that will inevitably result. The necessity of this growth formulation to avert the deterioration of geopolitical and geoeconomic conditions means that the State must become more important not less, according to this new growth profile.

In the 2001 book, Sovereignty & Wealth: How to fill the Vacuum of the Globalization, Pelanda and Savona argue that globalization was not fully realized (even a void) at the political level and that this state of affairs threatens globalization at the economic level. The almost total freedom of movement for capital without commensurate freedoms for goods and services introduces pressures to the global capitalist system and the democratic structures that sustain it. The role of nation-states in the re-institutionalization of the global market is to ensure economic competitiveness within their territory. Even more important, however, is cooperation among nations to build the political architecture of the global market that can govern the gap between the hyper-competitiveness of “turbocapitalism” and the organizing structures that sustain it.

Current trends show that divergent regional blocks and mega-nations are forming which will weaken the governance of the global economy and its security problems, increasing the risk of destabilization over the entire planet. In The Grand Alliance, Pelanda recommends a future alliance of the world’s largest democracies: the United States, European Union, Russia, India, and Japan. The gradual convergence of military and economic power within these nations will produce credible global governance based on Western and technical values.

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