Books

“The book is a comprehensive review of the global financial system, with particular refrence to capital flows and the relevance of controls. It aims at an encyclopedic reach in terms of ideas and comments on almost every aspect of this fascinating subject.”
S. Venkitaramanan, Governor, Reserve Bank of India (1990-92)

“We can always count on Kavaljit Singh for lucid and hard-hitting analysis. This book is no exception.”
Susan George, Transnational Institute

“Kavaljit Singh has made a difficult subject intelligible to ordinary citizens, and in a very readable way he has mapped
out the progressive alternatives for bringing international finance under democratic control.”
Edward Herman, Professor Emeritus of Finance, Wharton School of Business

“Singh is to be congratulated… an up-to-date critical assessment of financial globalization.”
David Felix, Emeritus Professor of Economics, Washington University

“This book should be made compulsory reading for finance ministers, central bankers, economic policy makers…
learned international experts.”
Arun Ghosh, Former Member, Planning Commission of India

“I recommend the book to all who are eager to learn about global finance, which defies space and time and manifests itself
everywhere with tremendous impact on day-to-day life.”
C. T. Kurien, Frontline

“Kavaljit Singh’s new book on world finance points at the precariousness of the current flows of global finance and pleads for their regulation in the interest of the world economy. It is a welcome addition to popular writings as are available and would be useful to students, policy-makers and the general public.”
Sunanda Sen, The Book Review

“The book is timely, easy to understand and provides valuable policy suggestions to regulate volatile capital flows.”
Stephany Griffith Jones

“Kavaljit Singh may not be the new Keynes, but his new book provides a detailed and clear exposition of many elements in the puzzle.
There’s useful material here for activists and citizens’ groups to consider, if they want to engage with the realities of power.”
The Ecologist

“The book contributes to public understanding of the intricacies of global finance and to the possibilities of effective action.”
The Economic Times

“The book may lean left, but the analysis remains fairly objective. More important, it actually gives lay readers a
perspective on reforms. That’s a feat matched by few.”
Intelligent Investor

“Kavaljit Singh is no newcomer to the world of global finance. His earlier book, The Globalisation of Finance: A Citizen’s Guide, had an
overwhelming response. Singh’s hallmark has been the simplicity of his exposition, which puts across complex ideas in an easy-to-understand manner. But the book goes far beyond mere simplification. It outstanding characteristic is the analysis
of how hot money flows cause financial instability, and how the lives of ordinary men and women are affected.”
Manas Chakravarty, Business Standard

“The book is indeed a citizen’s guide. There are very well-written sections on the various terms and concepts peculiar to the field of global finance. All in all, the author has to be commended for making a dry subject like global finance interesting and immensely readable.”
Indian Review of Books

“Kavaljit’s latest book is about war Wars… of a different hue.”
The Hindu Business Line

“The book throws useful light on an important aspect of globalization, namely, greater volatility and fragility in the present global financial system. A strong case has been advanced in favour of stable financial system.”
Southern Economist

“An indispensable guide to the turbulent world of finance.”
Third World Resurgence

“It is not only a beautifully brought out book, but also a most useful, exhaustive and informative one.”
A. B. Bardhan, General Secretary, Communist Party of India

“This citizen s guide to financial globalization makes interesting reading.”
Surinder S. Jodhka, The Sunday Tribune

“The main lesson of the book is that a certain amount of financial repression is needed if the speculative activities of global finance
are not to end in disaster, as in Southeast and East Asia in 1997.”
Helen Hintjens, Community Development Journal

“An excellent primer on financial globalization for beginners and the adept. Well-known globalization gadfly and critic Kavaljit Singh has compiled a simple-to-read yet in-depth study of the tumultuous global financial system. He includes an analysis on the
Asian financial crisis, explanations of offshore financial centers, neoliberalism and presents an argument for the
regulation and control of global capital. Finally, as the title suggests, Singh presents an alternative and
a guide for ordinary citizens to take back the planet.”
Resource Center of the Americas

“For anyone looking for an alternative view of the current global financial state, a view that is not often reported on in
the mainstream media, this book is recommended.”
Thaistocks.com

“Financial liberalization and globalization are threatening to de-stablise financial systems in emerging economies like India
with restrictions on movement of money being phased out, a new book on global financial markets has warned.”
Press Trust of India