‘Dance of the Trillions’: David Lubin

Managing director and head of emerging markets at CitiBank, David Lubin, published Dance of the Trillions: Developing Countries and Global Finance in 2018 that discussed topics regarding modern capital flows between high and low-income countries. Unlike the Dependency Theory, Mr. Lubin takes a more positive outlook by taking readers through a modern historical tour of economic development within emerging economies. Read for more on how Lubin traces how the traditional approach of Washington DC-led liberalization is slowly being replaced by a Beijing-led approach of state-imposed restrictions.