Free Delivery Over $100
|
|
|||
|
||||
OverviewAs trade flows expanded and trade agreements proliferated after World War II, governments - most notably the United States - came increasingly to use their power over imports and exports to influence the behaviour of other countries. But trade is not the only way in which nations interact economically. Over the past two decades, another form of economic exchange has risen to a level of vastly greater significance and political concern - the purchase and sale of financial assets across borders. Nearly USD2 trillion worth of currency now moves cross-border every day, roughly 90 percent of which is accounted for by financial flows unrelated to trade in goods and services - a stunning inversion of the figures in 1970. The time is ripe to ask fundamental questions about what Benn Steil and Robert Litan have coined as 'financial statecraft', or those aspects of economic statecraft directed at influencing international capital flows. How precisely has the American government practiced financial statecraft? How effective have these efforts been? And how can they be made more effective? The authors provide penetrating and incisive answers in this timely and stimulating book. Full Product DetailsAuthor: Benn Steil , Robert E. LitanPublisher: Yale University Press Imprint: Yale University Press Dimensions: Width: 15.60cm , Height: 2.00cm , Length: 23.40cm Weight: 0.445kg ISBN: 9780300109757ISBN 10: 030010975 Pages: 224 Publication Date: 31 January 2006 Audience: Professional and scholarly , Professional & Vocational Format: Hardback Publisher's Status: Out of Print Availability: In Print  Limited stock is available. It will be ordered for you and shipped pending supplier's limited stock. Table of ContentsReviewsFinancial statecraft is much practiced, little analyzed. This fine book discusses what it is, how it has been applied by the United States, what its (often severe) limitations are, and what its potential is. Altogether, an excellent exposition of a complicated subject for scholars, journalists, and policy-makers alike. -Richard N. Cooper, Boas Professor of International Economics, Harvard University -- Richard N. Cooper Author InformationBenn Steil is senior fellow in international economics at the Council on Foreign Relations and the editor of International Finance. Robert E. Litan is vice president of research and policy at the Kauffman Foundation and senior fellow in the Economic Studies Program at the Brookings Institution. Tab Content 6Author Website:Countries AvailableAll regions |
||||
