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Rules for the Global Economy
Horst Siebert
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Description for Rules for the Global Economy
Hardback.
Rules for the Global Economy is a timely examination of the conditions under which international rules of globalization come into existence, enabling world economic and financial systems to function and stabilize. Horst Siebert, a leading figure in international economics, explains that these institutional arrangements, such as the ones that govern banking, emerge when countries fail to solve economic problems on their own and cede part of their sovereignty to an international order. Siebert demonstrates that the rules result from a trial-and-error process--and usually after a crisis--in order to prevent pointless transaction costs and risks. Using an accessible and nonmathematical approach, ... Read more
Rules for the Global Economy is a timely examination of the conditions under which international rules of globalization come into existence, enabling world economic and financial systems to function and stabilize. Horst Siebert, a leading figure in international economics, explains that these institutional arrangements, such as the ones that govern banking, emerge when countries fail to solve economic problems on their own and cede part of their sovereignty to an international order. Siebert demonstrates that the rules result from a trial-and-error process--and usually after a crisis--in order to prevent pointless transaction costs and risks. Using an accessible and nonmathematical approach, ... Read more
Product Details
Publisher
Princeton University Press
Number of pages
288
Format
Hardback
Publication date
2009
Condition
New
Number of Pages
288
Place of Publication
New Jersey, United States
ISBN
9780691133362
SKU
V9780691133362
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1
About Horst Siebert
Horst Siebert (1938-2009) was the Heinz Nixdorf Professor in European Integration and Economic Policy at Johns Hopkins University's SAIS Bologna Center in Italy. His books include "The World Economy, Economics of the Environment", and "The German Economy" (Princeton).
Reviews for Rules for the Global Economy
"A useful contribution to the international economics literature."
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