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Full Description
This timely book will explain, via a number of thematic and case studies, that international economics is not an independent terrain of economic activity reproducing itself throughout history, but a complex articulation of social, political and culturally determined actions that are inextricably linked. Chapters will address the role of dominant global powers in the making of global industrial and monetary relations, and, in particular, ways in which, and the degrees to which dominant economic and military powers, such as the USA, tend to shape the domestic economic environments of lesser powers after their own image.
Supplementing the chapters will be a comprehensive A - Z glossary section, which will include key International Political Economy terms, e.g. international debt, European free trade area, International Bank for Reconstruction and Development, IMF, GATT-WTO, Foreign exchange, fixed exchange rates, floating exchange rates, reserve currency, gold-dollar parity, multinational corporation, preferential trade agreement, hedge funds, etc. Entries will be cross-referenced for ease of use.
This book will be ideal for researchers and students in the areas of politics, international relations and international economics, as well as for academics, economists, business people, and those with an interest in the workings of international political economy.
Contents
Introduction Vassilis K. Fouskas 1. Origins of International Political Economy 2.Two Depressions Compared: 1929-33 and 2007-2011 3. Revisiting Bretton Woods: 1944-1971 4. The International Political Economy of the Floating Dollar: Is America Weaker? 5. The Global Economic Crisis of the 1970s in Perspective 6. The 1992 European Crisis of the Exchange Rate Mechanism 7. The collapse of South-East Asian Markets in 1997 and the Russian Currency Default of 1998 8. The International Political Economy 9. The Global South: Prospects for Development and the Issue of Poverty 10. The Long List of Sovereign Debt Defaults and Banking Crises: Greece, Portugal, Ireland, Iceland 11. The Eurozone Crisis, Globalization and the Power Shift to the Global East
