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Randall D. Germain - The International Organization of Credit: States and Global Finance in the World-Economy
Publisher: Cаmbridge Univеrsity Prеss | 1997-10-13 | ISBN: 0521591422 | CHM | 222 pages | 1.06 MB
In this book Randall Germain explores the changing political economy of finance at the global level. He relates changes in global finance to wider changes in the organization of the international economy, and considers how commercial and investment banks have responded institutionally to these changes. Changes in the institutional organization of credit have rendered traditional policy instruments for controlling credit less useful today than in the past. Germain thus argues that the international organization of credit is likely to relatively unstable into the twenty-first century, and that the role of states within the global credit system will be precarious.
Publisher: Cаmbridge Univеrsity Prеss | 1997-10-13 | ISBN: 0521591422 | CHM | 222 pages | 1.06 MB
In this book Randall Germain explores the changing political economy of finance at the global level. He relates changes in global finance to wider changes in the organization of the international economy, and considers how commercial and investment banks have responded institutionally to these changes. Changes in the institutional organization of credit have rendered traditional policy instruments for controlling credit less useful today than in the past. Germain thus argues that the international organization of credit is likely to relatively unstable into the twenty-first century, and that the role of states within the global credit system will be precarious.
Posted in: ECONOMICS
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