Further Details

Title: The Cost of Free Money
Condition: New
EAN: 9780300244045
ISBN: 9780300244045
Publisher: Yale University Press
Format: Hardback
Release Date: 14/07/2020
Item Height: 235mm
Item Length: 156mm
Author: Paola Subacchi
Language: English
Subtitle: How Unfettered Capital Threatens Our Economic Future
ISBN-10: 0300244045
Description: A penetrating account of how unchecked capital mobility is damaging international cooperation, polarizing the economic landscape, and ultimately reshaping the global order

"An expert on global financial and monetary systems . . . lucidly describes the failings of the international monetary 'non-system' that emerged after the collapse of the Bretton Woods system in the 1970s."—Martin Wolf, Financial Times "Best Books of 2020: Economics"

When it comes to the afflictions of the global economy, almost everyone—and especially Donald Trump—is quick to point the finger of blame at the state of international trade. But what about unconstrained capital flows? Unfettered capital has resulted in a string of financial and economic crises that have left our political systems strained and dialogue corroded. The once perceived benefits of openness have been cast to the wayside and the cracks in the global order can no longer be ignored.
 
Paola Subacchi argues that international cooperation and interdependence have become crippled. Regional restrictions will soon strengthen and a multipolar order will take shape, leading to a distinctly transformed economic landscape in which China challenges the dominance of the US dollar. Combining history, analysis, and prediction, this book provides penetrating insight into the challenges facing the international economic order.
Country/Region of Manufacture: US
Genre: Business & Finance
Topic: Law & Politics
Release Year: 2020

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