First published more than a decade ago, "Globalizing Capital"
remains an indispensable part of the economic literature today.
Written by renowned economist Barry Eichengreen, this classic book
emphasizes the importance of the international monetary system for
understanding the international economy. Brief and lucid,
"Globalizing Capital" is intended not only for economists, but also
a general audience of historians, political scientists,
professionals in government and business, and anyone with a broad
interest in international relations. Eichengreen demonstrates that
the international monetary system can be understood and effectively
governed only if it is seen as a historical phenomenon extending
from the period of the gold standard to today's world of
fluctuating prices. This updated edition continues to document the
effect of floating exchange rates and contains a new chapter on the
Asian financial crisis, the advent of the euro, the future of the
dollar, and related topics. "Globalizing Capital" shows how these
and other recent developments can be put in perspective only once
their political and historical contexts are understood.
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