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A History of International Monetary Diplomacy, 1867 to the Present - The Rise of the Guardian State and Economic Sovereignty in a Globalizing World (Hardcover)
Loot Price: R4,143
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A History of International Monetary Diplomacy, 1867 to the Present - The Rise of the Guardian State and Economic Sovereignty in a Globalizing World (Hardcover)
Series: Routledge Frontiers of Political Economy
Expected to ship within 12 - 17 working days
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This book is about how the rise of democracy has transformed
economics over the past 150 years. As voting was expanded to the
masses in the late 19th century, political leaders faced emergent
pressures to deliver prosperity to their newly enfranchised
populations. This led to the rise of the guardian state: a state
whose prime directive was to protect economic growth and
employment. Domestic economic goals now became sacrosanct, and if
that meant a failure on the international stage to construct
solutions to problems in monetary relations, so be it. The book
traces the history of international monetary diplomacy during this
long period to show how the guardian state has manifested itself,
and how it has shaped the course of international monetary
relations. Each of the most important international monetary
conferences in history is scrutinized with respect to how nations
sought to protect the prosperity within their national economies.
The historical narratives give a bird's-eye view into how domestic
political priorities have intruded on and shaped economic relations
among nations. The book clearly demonstrates the advantages of an
interdisciplinary understanding of how politics shapes economics.
It will be invaluable reading for scholars and students of
international economics, politics and economic history.
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