Description
Book SynopsisDrawing on extensive historical research, Eric Helleiner provides the first comprehensive political history of the phenomenon, one that details and explains the central role played by states in permitting and encouraging financial globalization.
Trade ReviewEric Helleiner offers readers a very useful and readable history of post-war changes in international finance. I would readily assign this book to graduate and advanced under-graduate seminars in international political economy. It covers a lot of territory and does not sacrifice depth for expanse.
* International History Review *
"This is a fascinating tale of how the international financial system arrived at its present global span. Helleiner argues that the liberalization of financial markets worldwide has been driven largely by government choices, not by technological change or economic pressures. The challenges to states and the reemergence of global finance reveal what an interesting and provocative book it is. This brief outline cannot do justice to its theoretical sophistication and historical depth. Helleiner has made an important contribution in a debate that will undoubtedly continue." —International Journal
Table of Contents1. IntroductionPART I: THE RESTRICTIVE BRETTON WOODS FINANCIAL ORDER
2. Bretton Woods and the Endorsement of Capital Controls
3. Continuing Caution: The Slow and Limited Move to ConvertibilityPART II: THE REEMERGENCE OF GLOBAL FINANCE
4. Support for the Euromarket in the 1960s
5. Failed Cooperation in the Early 1970s
6. Four Turning Points in the Late 1970s and Early 1980s
7. The Liberalization Trend in the 1980s
8. Weathering International Financial CrisesPART III: CONCLUSION
9. Explaining Differing State Behavior in Trade and FinanceWorks Cited
Index
