Product Description

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.

Product Details

• Amazon Sales Rank: #143971 in Books
• Published on: 2008-10-21
• Original language: English
• Number of items: 1
• Binding: Paperback
• 276 pages

Review
Praise for the first edition: "This book by a prominent historian is a succinct and well-written history of the international monetary system. . . . [It] provides useful historical background for understanding current European efforts to create a monetary union.
(Richard N. Cooper Foreign Affairs )

Praise for the first edition: "Capital flows in the recent period, unlike those in the earlier one, proved to be incompatible with exchange rate stability. [Eichengreen's] reasons for the difference . . . constitute a unique insight and contribution.
(Choice )

Review
Praise for the first edition: "Eichengreen's purpose is to provide a brief history of the international monetary system. In this, he succeeds magnificently. Globalizing Capital will become a classic.
(Douglas Irwin, author of "Against the Tide" )

From the Back Cover

Praise for the first edition: "Eichengreen's purpose is to provide a brief history of the international monetary system. In this, he succeeds magnificently. Globalizing Capital will become a classic."--Douglas Irwin, author of Against the Tide

Customer Reviews

Fantastic and easy to read analysis
There is not much to say about this book apart from the fact that it is a fantastic and easy to read introductory book to the subject of international trade and the underlying monetary mechanism. There are certain parts where it would have been nicer if Eichengreen went a bit more into detail but keeping in mind that this book aims at introductory level this is not to be rated negative. I found the book great, interesting and very easy to understand and it gives a perfect foundation for deeper analysis on the topic.

A Bible for economics students
I had to read Eichengreen's book for the discpline of History of Economics at my first college year, an I think it's advisable to economics students and for people interested in the monetary sintem thought it's not a very easy undurstable book for regular people.

Clearly-written classic on the world monetery system.
This book is not for the casual reader. However, we do recommend it strongly to anyone interested in understanding the relationship between global politics and international economics. Our consulting staff uses it often when discussing pricing policies and long-range financial planning with experienced and sophisticated exporters. John R. Jagoe, Director, Export Institute.