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"This book highlights the geopolitical and economic consequences of the Russia's invasion of Ukraine. The author, a key architect of Polish eco- nomic reforms and the most frequently cited economist from post-Com- munist countries, shares new insights into the causes and mechanisms of the Second Cold War. Written in an unorthodox, bold and lucid style, the book raises provocative issues and provides convincing answers to some of the most difficult questions, such as who the true beneficiaries and interest groups behind the war are, and what their motives and con- flicting goals are. The book also introduces readers to the greatest challenge of our time, climate change, and explores the long-term effects of the current arms race and rearmament spiral on global warming. This interdisciplinary book, which also addresses the challenges of inflation, mass migrations and clashes between democracy and authoritarianism, will appeal to anyone interested in the contemporary geopolitical shifts triggered by the Russia⁰́₉s invasion of Ukraine, but also in the dynamics and directions of the evolution of the new cold war."--

Chapter 1. Introduction -- Chapter 2. New pragmatism for new times -- Chapter 3. Political system and socio-economic development -- Chapter 4. People's planet -- Chapter 5. Leadership: economics and politics of great change -- Chapter 6. One-third of the century of transformation -- Chapter 7. Shortageflation 3.0: war economy - state socialism - pandemic crisis -- Chapter 8. The irreversibility of globalization -- Chapter 9. Ending, or how to row uphill.

This book provides answers to fundamental questions of sustainable development and international cooperation in light of irreversible globalization. Based on comprehensive research and a wealth of experience from his own political activities, the author offers an insightful analysis of the globalized economy and its political, cultural and ecological context. Presenting an objective assessment, the author diagnoses the state of affairs and formulates recipes to overcome present day challenges, such as income inequalities, climate change, demographic imbalance and the new Cold War, which overlap with the "black trinity" : populism, nationalism and authoritarianism.

"It is an inspiring, interdisciplinary study in the field of social sciences that analyses the most important challenges facing the world economy and modern civilization. Grzegorz W. Kolodko explains in a comprehensible way the contradictions of ideas and interests and practical ways of solving them and its implications for our future."

PART II: THREATS AND OPPORTUNITIES: WHICH PREVAIL? 8. The Social and Ecological Limits to Growth 9. One more Volkerwanderung 10. The Poor and the Rich 11. Salvation in Technological Progress? 12. Information Trumps All, or the Role of Wisdom, Know-how and Skills 13. Before Peace Breaks Out PART III: ESCAPING FORWARD 14. An Asian Era with the Euro-Atlantic Civilization as a Background? 15. The New Pragmatism, or an Economics of Moderation 16. In for a Happy Ending?