"Jerry Cohen is without peer as a scholar working at the crossroads
of international economics and international relations. Here is the
definitive book on the contemporary and likely future politics of
global money. Well researched and well written, it provides a
comprehensive overview of the theory and practice of international
monetary relations. Specialists will discover original and
iconoclastic insights. Undergraduate and graduate students will
find an exceptionally clear and accessible presentation of an
important and multifaceted subject. Practitioners will benefit from
provocative and convincing forecasts. Highly recommended."--Louis
W. Pauly, Canada Research Chair and Director, Centre for
International Studies, University of Toronto
"Cohen knows both economics and political science intimately and
fuses them skillfully. "The Future of Money" is both a definitive
analytical survey of the money question today and a judicious
synthesis of the increasingly complex challenges facing
policymakers in a globalizing world. Whether dealing with the
fashion for dollarization, real world examples of how
governments-from the leading currency countries to the most
powerless-have tried to cope, or the growing impact of private
market actors, electronic currencies, and the like, Cohen
demonstrates a mastery of both empirical detail and theoretical
analysis. And the book is full of common sense, too."--Philip
Cerny, University of Manchester
"Benjamin J. Cohen's third major work on the political economy
of international monetary affairs addresses another major issue
confronting the international community: how to stabilize and
govern an international monetary system composed of
severalcompeting national currencies. Professor Cohen presents and
analyzes a number of mechanisms available to the international
community to prevent monetary collapse and anarchy. However, as he
emphasizes, the choice of a stabilizing mechanism rests on the
political as well as economic interests of the major economic
powers. Cohen's knowledge, insights, and wisdom will be of immense
value to the creators of a more stable and efficient international
monetary system. This book should also be of interest to scholars,
government officials, and others interested in the future of
international monetary affairs."--Robert Gilpin, Princeton
University
"This book is an outstanding addition to the literature. It uses
a neat analytical framework to synthesize and analyze a vast,
disparate body of research, including work in both economics and
political science, and raises important questions about the
evolution of money and monetary arrangements."--Peter B. Kenen,
Princeton University, author of "The International Financial
Architecture"
"Benjamin Cohen has written an important book about a compelling
question of modern political economics: how many currencies will
there be, and what arrangement will govern them? Unusually well
written, this is a book I will assign to my students."--Dennis
Quinn, Georgetown University
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