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Power and Global Economic Institutions (Hardcover)
Loot Price: R2,610
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Power and Global Economic Institutions (Hardcover)
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What is the relationship between states' economic power and their
formal political power in multilateral economic institutions? Why
do we see variation in states' formal political power across
economic institutions of the same era? In this book, Ayse Kaya
examines these crucial under-explored questions, drawing on
multiple theoretical traditions within international relations to
advance a new approach of 'adjusted power'. She explains how the
economic shifts of our time, marked by the rise of Brazil, Russia,
India, China and other emerging economies, have affected and will
impact key multilateral economic institutions. Through detailed
contemporary and historical analyses of the International Monetary
Fund, the World Bank, the G20, and the International Trade
Organization, Kaya shows that the institutional setting mediates
the significance of the underlying distribution of economic power
across states. The book presents both case studies and key
statistics.
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