Globalizing
Capital by Barry Eichengreen
Book Description: The importance of the international monetary
system is clearly evident in daily news stories about fluctuating currencies
and in dramatic events such as the recent reversals in the Mexican economy.
It has become increasingly apparent that one cannot understand the international
economy without knowing how its monetary system operates. Now Barry Eichengreen
presents a brief, lucid book that tells the story of the international
financial system over the past 150 years. Globalizing Capital is intended
not only for economists but also for a general audience of historians,
political scientists, professionals in government and business, and anyone
with a broad interest in international economic and political relations.
Eichengreen's work demonstrates that insights into the international monetary
system and effective principles for governing it can result only if it
is seen a historical phenomenon extending from the gold standard period
to interwar instability, then to Bretton Woods, and finally to the post-1973
period of fluctuating currencies.
Paperback from Princeton Univ Pr
Book Published: 13 July, 1998
