1st Edition

The Group of Seven Finance Ministries, Central Banks and Global Financial Governance

By Andrew Baker Copyright 2006
312 Pages
by Routledge

312 Pages
by Routledge

We are now in the era of the G8, although the G7 still exists as a grouping for Finance Ministers. Why do G7 finance ministries and central banks co-operate? What are the implications of this co-operation for US power and the abilities of the other six states to exercise leadership? What role do the G7 play in global financial governance? How much authority do they possess and how is that... Read more

Introduction: The Group of Seven and Global Financial Governance

The Evolution of the Group of Seven and the Re-Emergence of Global Finance: The Historical Context

Situating the Group of Seven in a context of ‘Decentralized Financial Globalization’ : A Four-Dimensional Framework

The Group of Seven and the Politics of Financial Ideas: The Durability of the Economic Consensus of the 1990s

The Group of Seven as a Multi-Spatial Transgovernmental Actor in World Politics: Four-Dimensional Diplomacy in Practice

The Group of Seven and Macroeconomic Governance: Discourse, Declaratory Policy and Market Supremacy

The Group of Seven and the Global Financial Architecture: The Institutional and Ideational Foundations of Market Supremacy

Conclusions: Global Financial Governance and the Group of Seven as a Senior Transgovernmental Coalition

Biography

Andrew Baker is Lecturer at the School of Politics and International Studies at the Queen’s University of Belfast. He is the co-editor of Governing Financial Globalisation (Routledge, 2005) and has published in journals such as Review of International Political Economy and Global Governance.