Description
Book SynopsisA decade of crises has reminded us of the fragility of the international financial system. Conventional wisdom holds that uncertainty is the basic problem of financial governance, and attempts to contain ambiguity have dominated recent financial...
Trade ReviewThe Limits of Transparency demonstrates that many of the puzzles confronting us regarding the politics of money and finance can be unlocked if we move from a narrowly rationalist understanding of political economy to one also informed by constructivist insights. This book demonstrates that constructivism, done well, can be a model of theoretical clarity, empirically grounded, and can produce practical policy recommendations.
-- Kathleen R. McNamara * Perspectives on Politics *
Jacqueline Best presents three forms of ambiguity: technical... contested... and intersubjective.... Having defined three types of ambiguity, Best sets out very ambitious objectives including reframing international theory, the history of Bretton Woods and—most important—redirecting contemporary policy debate.
-- Sylvia Ostry * Literary Review of Canada *