Capital Rules

Capital Rules
Author :
Publisher : Harvard University Press
Total Pages : 250
Release :
ISBN-10 : 9780674034556
ISBN-13 : 0674034554
Rating : 4/5 (56 Downloads)

Book Synopsis Capital Rules by : Rawi Abdelal

Download or read book Capital Rules written by Rawi Abdelal and published by Harvard University Press. This book was released on 2009-09-30 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The rise of global financial markets in the last decades of the twentieth century was premised on one fundamental idea: that capital ought to flow across country borders with minimal restriction and regulation. Freedom for capital movements became the new orthodoxy. In an intellectual, legal, and political history of financial globalization, Rawi Abdelal shows that this was not always the case. Transactions routinely executed by bankers, managers, and investors during the 1990s—trading foreign stocks and bonds, borrowing in foreign currencies—had been illegal in many countries only decades, and sometimes just a year or two, earlier. How and why did the world shift from an orthodoxy of free capital movements in 1914 to an orthodoxy of capital controls in 1944 and then back again by 1994? How have such standards of appropriate behavior been codified and transmitted internationally? Contrary to conventional accounts, Abdelal argues that neither the U.S. Treasury nor Wall Street bankers have preferred or promoted multilateral, liberal rules for global finance. Instead, European policy makers conceived and promoted the liberal rules that compose the international financial architecture. Whereas U.S. policy makers have tended to embrace unilateral, ad hoc globalization, French and European policy makers have promoted a rule-based, “managed” globalization. This contest over the character of globalization continues today."


Capital Rules Related Books

Capital Rules
Language: en
Pages: 250
Authors: Rawi Abdelal
Categories: Business & Economics
Type: BOOK - Published: 2009-09-30 - Publisher: Harvard University Press

DOWNLOAD EBOOK

"The rise of global financial markets in the last decades of the twentieth century was premised on one fundamental idea: that capital ought to flow across count
Fictitious Capital
Language: en
Pages: 177
Authors: Cédric Durand
Categories: Political Science
Type: BOOK - Published: 2017-06-06 - Publisher: Verso Books

DOWNLOAD EBOOK

How finance is a mechanism of social and political domination The 2007–08 credit crisis and the long recession that followed brutally exposed the economic and
Finance Capital
Language: en
Pages: 438
Authors: Rudolph Hiferding
Categories: Business & Economics
Type: BOOK - Published: 2019-10-01 - Publisher: Routledge

DOWNLOAD EBOOK

This is the first English translation of one of the classical works of Marxist economic theory. When Rudolf Hilferding’s Finance Capital was first published i
Capital and Finance
Language: en
Pages: 163
Authors: Peter Lewin
Categories: Business & Economics
Type: BOOK - Published: 2020-07-02 - Publisher: Taylor & Francis

DOWNLOAD EBOOK

This book applies finance to the field of capital theory. While financial economics is a well-established field of study, the specific application of finance to
Finance
Language: en
Pages: 832
Authors: Frank J. Fabozzi
Categories: Business & Economics
Type: BOOK - Published: 2009-05-13 - Publisher: John Wiley & Sons

DOWNLOAD EBOOK

FINANCE Financial managers and investment professionals need a solid foundation in finance principles and applications in order to make the best decisions in to