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Monetary Divergence: Domestic Policy Autonomy in the Post-Bretton Woods Era (Michigan Studies in International Political Economy)
David Bearce
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Description for Monetary Divergence: Domestic Policy Autonomy in the Post-Bretton Woods Era (Michigan Studies in International Political Economy)
Paperback. Analyzes fiscal, monetary and exchange rate policy, demonstrating why the convergence thesis is overstated and misleading, and explaining how the evidence actually contradicts it. This book explains partisan economic differences in the capitalist global economy, and offers an explanation for the observed gap between governments' exchange rates. Series: Michigan Studies in International Politics. Num Pages: 208 pages, 23 figures, 6 tables. BIC Classification: KCLF; KCP. Category: (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 228 x 153 x 12. Weight in Grams: 259.
Political economists have gradually begun to question the assumption that globalization and international capital mobility are forcing a convergence of international monetary policies. ""Monetary Divergence"" analyzes fiscal, monetary and exchange rate policy, demonstrating why the convergence thesis is overstated and misleading, and explaining how the evidence actually contradicts it. This important new book explains partisan economic differences in the capitalist global economy, and offers a novel explanation for the observed gap between governments' exchange rates.
Political economists have gradually begun to question the assumption that globalization and international capital mobility are forcing a convergence of international monetary policies. ""Monetary Divergence"" analyzes fiscal, monetary and exchange rate policy, demonstrating why the convergence thesis is overstated and misleading, and explaining how the evidence actually contradicts it. This important new book explains partisan economic differences in the capitalist global economy, and offers a novel explanation for the observed gap between governments' exchange rates.
Product Details
Format
Paperback
Publication date
2007
Publisher
University of Michigan Press
Condition
New
Series
Michigan Studies in International Politics
Number of Pages
208
Place of Publication
Ann Arbor, United States
ISBN
9780472069613
SKU
V9780472069613
Shipping Time
Usually ships in 5 to 9 working days
Ref
99-3
About David Bearce
David Bearce is Assistant Professor of Political Science at the University of Pittsburgh.
Reviews for Monetary Divergence: Domestic Policy Autonomy in the Post-Bretton Woods Era (Michigan Studies in International Political Economy)
In a meticulously researched study, David Bearce demonstrates that, contrary to predictions, financial globalization has not resulted in a systematic convergence of national monetary policies. The book is a must-read for students of the political economy of international finance. Highlighting the critical role of partisan politics in determining policy outcomes, Bearce adds a new and important dimension to our understanding ... Read more