The central theme of this study, first published in 1998, is that parametric change has expanded the autonomy of non-state actors, and has reduced the capability of governments to extract involuntary resources from their constituents. This change has profound consequences for world politics. This title will be of interest to students of Finance and Economics.
Table of Contents
1. Introduction 2. Implications of a New Financial Order 3. The Historical Evolution of the Key Arrangements 4. National Economic Policymaking in an Era of Global Finance 5. Renegotiating the Bankers’ Bargain 6. Limits of Policy Autonomy 7. Conclusion; Bibliography