Description
Book SynopsisThis extensive Handbook provides an in-depth exploration of the political economy dynamics associated with the international monetary and financial systems.
Trade Review‘In this book, outstanding political economists provide wide-ranging and accessible essays on the global monetary system and its interaction with dynamic and crisis-prone financial markets. The essays are filled with fresh and well-articulated insights. This timely survey of an increasingly important field deserves a prominent place on the syllabi of graduate and advanced undergraduate courses in international political economy, global governance, and international finance.’ -- Louis W. Pauly, University of Toronto, Canada
‘Here is an intellectual feast for anyone interested in the political economy of international monetary and financial systems, served up by an impressive collection of experts. Students and specialists alike can gorge themselves on the many fascinating analyses of core issues and latest debates in the field. Highly recommended for anyone with an appetite to learn more about global money and finance.’ -- Eric Helleiner, University of Waterloo, Canada
Table of ContentsContents: 1. The Political Economy of the International Monetary and Financial Systems Thomas Oatley and W. Kindred Winecoff PART I: STRUCTURE, POWER, AND THE GLOBAL FINANCIAL SYSTEM 2. Financial Roots of Hegemony, Cooperation, and Globalization Andrew C. Sobel 3. Political Economy of Currency Internationalization Hyoung-kyu Chey 4. The Political Economy of the Contemporary Dollar Standard Thomas Oatley 5. Global Imbalances and the International Monetary System Herman Schwartz 6. The Triffin Dilemma, the Lucas Paradox, and Monetary Politics in the 21st Century W. Kindred Winecoff 7. The Renminbi-Dollar Relationship: Politics and Economics of a Diminishing Issue Yale H. Ferguson 8. Absolute or Relative Gains? How Status Quo and Emerging Powers Conceptualize Global Finance Leslie Elliott Armijo and John Echeverri-Gent PART II: THE POLITICAL ECONOMY OF EXCHANGE RATES Core Theoretical Perspectives 9. Private Actor Exchange Rate Policy Preferences Stephanie Walter 10. Domestic Institutions and Exchange Rates David H. Bearce Regional Exchange Rate Systems 11. Exchange Rates In Transition Economies Jana Grittersová 12. Currency Unions in the Developing World Scott Cooper 13. The Political Economy of Exchange Rates in East Asia Hongying Wang PART III: GLOBAL FINANCE: CRISES AND REGULATION 14. Financial Crises and the Politics of Adjustment and Reform Thomas B. Pepinsky 15. Fixed Exchange Rate Regimes and Financial Markets as Sources of Macroeconomic Discipline Thomas D. Willett, Eric M.P. Chiu and Stefanie Walter 16. The Politics of Global Financial Regulation Kevin Young 17. Why Club Goods Proliferated in Investment Finance W. Travis Selmier II 18. Rethinking Financial Regulation: Risk, Club Goods, and Regulatory Fatigue Philip G. Cerny 19. The Gnomes of Zurich Meet the Dogs of War: Financial Leadership and Regulation, 1850–2013 Michael Lee PART IV: INTERNATIONAL MONETARY INSTITUTIONS 20. Financial Governance in a Globalizing World Richard W. Mansbach 21. IMF Programs: Participation, Implementation, and Effects Graham Bird and Dane Rowlands 22. In Lieu of an Anchor: The Fund and its Surveillance Function Bessma Momani and Kevin A. English 23. The EU and the Euro Michele Chang 24. Our (Gracious?) Benefactors: US, Japan, China and East Asian Monetary Relations Emmanuel Yujuico Index
