Monetary Divergence: Domestic Policy Autonomy in the Post-bretton Woods Era

Author:   David H. Bearce
Publisher:   The University of Michigan Press
ISBN:  

9780472069613


Pages:   208
Publication Date:   28 February 2007
Format:   Paperback
Availability:   Awaiting stock   Availability explained
The supplier is currently out of stock of this item. It will be ordered for you and placed on backorder. Once it does come back in stock, we will ship it out for you.

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Monetary Divergence: Domestic Policy Autonomy in the Post-bretton Woods Era


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Overview

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.

Full Product Details

Author:   David H. Bearce
Publisher:   The University of Michigan Press
Imprint:   The University of Michigan Press
Dimensions:   Width: 15.30cm , Height: 1.20cm , Length: 22.80cm
Weight:   0.264kg
ISBN:  

9780472069613


ISBN 10:   0472069616
Pages:   208
Publication Date:   28 February 2007
Audience:   College/higher education ,  Undergraduate ,  Postgraduate, Research & Scholarly
Format:   Paperback
Publisher's Status:   Active
Availability:   Awaiting stock   Availability explained
The supplier is currently out of stock of this item. It will be ordered for you and placed on backorder. Once it does come back in stock, we will ship it out for you.

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Reviews

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 of the impacts of international capital mobility in the contemporary era. - Benjamin Jerry Cohen, Louis G. Lancaster Professor of International Political Economy, University of California, Santa Barbara


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 of the impacts of international capital mobility in the contemporary era. - Benjamin Jerry Cohen, Louis G. Lancaster Professor of International Political Economy, University of California, Santa Barbara


Author Information

David Bearce is Assistant Professor of Political Science at the University of Pittsburgh.

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