Globalizing Capital: A History of the International Monetary System
First published more than a decade ago, Globalizing Capital remains an indispensable part of the economic literature today. Written by renowned economist Barry Eichengreen, this classic book emphasizes the importance of the international monetary system for understanding the international economy. Brief and lucid, Globalizing Capital is intended not only for economists, but also a general audience of historians, political scientists, professionals in government and business, and anyone with a broad interest in international relations. Eichengreen demonstrates that the international monetary system can be understood and effectively governed only if it is seen as a historical phenomenon extending from the period of the gold standard to today's world of fluctuating prices. This updated edition continues to document the effect of floating exchange rates and contains a new chapter on the Asian financial crisis, the advent of the euro, the future of the dollar, and related topics. Globalizing Capital shows how these and other recent developments can be put in perspective only once their political and historical contexts are understood.
What people are saying - Write a review
Review: Globalizing Capital: A History of the International Monetary SystemUser Review - Ajay Menon - Goodreads
There's just so much to unpack in this book. I almost wish he'd written a series of books covering each of the chapters in this book. That being said, Eichengreen did a masterful job. If you're at all interest in the international monetary system I highly recommend this book. Read full review
Review: Globalizing Capital: A History of the International Monetary SystemUser Review - Ben Newton - Goodreads
I read this book so I could be a little better informed when talking about the gold standard. It's a very good book filled with interesting history about how countries manage their monetary policy in ... Read full review