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Monetary Orders

PUBLISHER Cornell University Press (01/02/2003)
PRODUCT TYPE Hardcover (Hardcover)

Description

Wherever there is money, there is money politics-a subject demanding ever greater attention at a time when monetary policies lead and the real economy follows. A principal defining characteristic of the contemporary global economy, Jonathan Kirshner contends, is the rise and preeminence of monetary phenomena--international financial crises, Central Bank Independence and inflation fighting, the creation of the euro, and monetary reform in emerging economies, to name only a few. Moreover, unlike most debates in political economy (such as those regarding trade policy), which are generally recognized as political, monetary phenomena and macroeconomic policies are typically represented as expressly apolitical. In Monetary Orders, a distinguished group of scholars explores the inescapable political origins of choices about money. The essays in Monetary Orders each address a specific issue or puzzle relating to money and its management. Their authors focus on markedly disparate cases but share a common observation: for most policy choices about money, market forces and economic logic can rule out certain options, but are indeterminate in explaining why one policy rather than another will be chosen. Ultimately, political factors are essential to explain fundamental and consequential choices about money.

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Product Format
Product Details
ISBN-13: 9780801440601
ISBN-10: 0801440602
Binding: Hardback or Cased Book (Sewn)
Content Language: English
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Page Count: 336
Carton Quantity: 22
Product Dimensions: 6.28 x 1.05 x 9.46 inches
Weight: 1.39 pound(s)
Feature Codes: Table of Contents
Country of Origin: US
Subject Information
BISAC Categories
Business & Economics | Money & Monetary Policy
Business & Economics | Public Policy - Economic Policy
Business & Economics | Economics - Macroeconomics
Grade Level: College Freshman and up
Dewey Decimal: 332.46
Library of Congress Control Number: 2002013242
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Wherever there is money, there is money politics-a subject demanding ever greater attention at a time when monetary policies lead and the real economy follows. A principal defining characteristic of the contemporary global economy, Jonathan Kirshner contends, is the rise and preeminence of monetary phenomena--international financial crises, Central Bank Independence and inflation fighting, the creation of the euro, and monetary reform in emerging economies, to name only a few. Moreover, unlike most debates in political economy (such as those regarding trade policy), which are generally recognized as political, monetary phenomena and macroeconomic policies are typically represented as expressly apolitical. In Monetary Orders, a distinguished group of scholars explores the inescapable political origins of choices about money. The essays in Monetary Orders each address a specific issue or puzzle relating to money and its management. Their authors focus on markedly disparate cases but share a common observation: for most policy choices about money, market forces and economic logic can rule out certain options, but are indeterminate in explaining why one policy rather than another will be chosen. Ultimately, political factors are essential to explain fundamental and consequential choices about money.

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Editor: Kirshner, Jonathan
Jonathan Kirshner is Stephen and Barbara Friedman Professor of International Political Economy at Cornell University.
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Your Price  $143.55
Hardcover