Money is a social convention, but with what social consequences? In
this innovative study, Rodney Bruce Hall argues that those who
govern the parameters of money's creation, its destruction, and its
valuation are responsible for the governance of international
finance. The volume is an analysis of central banking as global
governance, employing the institutional philosophy of John Searle
as a theoretical basis for exploring the consequences of money as a
social institution, and the social relations of credit and debt.
While previous studies in this field have made forays into the
political economy of monetary institutions, this book breaks new
ground by offering a constructivist social analysis that identifies
the mechanisms of governance as social rather than material
processes. The volume will therefore be of great interest to a wide
range of scholars and students, particularly those with an interest
in international relations, international finance and international
political economy.
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