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Book Details
Global Monetary Governance
Benjamin J. Cohen
Routledge, 2007
Benjamin J. Cohen has been one of the most original and influential writers on international political economy. This collection brings together thirteen of his essays on the political economy of international money and finance, grouped together around the theme of global monetary governance.
The book is divided into three sections: (1) challenges to systemic governance and the changing nature of international money management, (2) dealing effectively with financial crisis, and (3) the new geography of money and the implications of the remarkable growth in cross-border currency competition. The concluding chapters evaluate the merits and prospects of policy alternatives for governments of countries with less-competitive currencies.
Review
"This collection of essays provides an indispensable overview of [Cohen’s] work on the politics of international money and finance, but more than this, it offers a compelling assessment of the causes and consequences of the rise of global capital markets. Essential reading for students of global monetary and financial affairs."
— Dr. Andrew K. Walter, Senior Lecturer in International Political Economy, London School of Economics