{"product_id":"the-international-organization-of-credit-states-and-global-finance-in-the-world-economy-hardback-9780521591423","title":"The International Organization of Credit; States and Global Finance in the World-Economy (Hardback) 9780521591423","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eThe International Organization of Credit\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eStates and Global Finance in the World-Economy\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003eRandall Germain explores the changing political economy of finance at the global level.\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eRandall D. Germain (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780521591423, Cambridge University Press\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 13 October 1997\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e224 pages, 5 b\/w illus.  8 tables\u003cbr\u003e22.9 x 15.2 x 1.6 cm, 0.5 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cem\u003e\u003cfont size=\"3\"\u003e'There is no doubt that The International Organization of Credit merits close attention. Anyone interested in the restructuring of relationships within the world economy, and particularly the power of finance, will find this a wide-ranging, innovative and thought-provoking contribution to, and construction of, both IPE as a discipline and the international political economy as everyday practice.' Adam David Morton, International Affairs\u003c\/font\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eIn this book, Randall Germain explores the international organization of credit in a changing world economy. At the centre of his analysis is the construction of successive international organisations of credit, built around principal financial centres (PFCs) and constituted by overlapping networks of credit institutions, mainly investment, commercial, and central banks. A critical historical approach to international political economy (IPE) allows Germain to stress both the multiple roles of finance within the world economy, and the centrality of financial practices and networks for the construction of monetary order. He argues that the private global credit system which replaced Bretton Woods is anchored unevenly across the world's three principal financial centres: New York, London, and Tokyo. This balance of power is irrevocably fragmented with respect to relations between states, and highly ambiguous in terms of how power is exercised between public authorities and private financial institutions.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eList of figures and tables\u003cbr\u003e Preface\u003cbr\u003e Note on figures and tables\u003cbr\u003e Glossary\u003cbr\u003e 1. Routes to international political economy: accounting for international monetary order\u003cbr\u003e Part I. The International Organization of Credit in Historical Perspective: 2. The power of cities and their limits: principal financial centres and international monetary order\u003cbr\u003e 3. Between change and continuity: reconstructing 'Bretton Woods'\u003cbr\u003e Part II. The Contemporary International Organization of Credit: 4. The era of decentralized globalization\u003cbr\u003e 5. Decentralized globalization and the exercise of public authority\u003cbr\u003e 6. Finance, power and the world-economy approach: towards an historical-institutional international political economy\u003cbr\u003e Appendix: top merchant\/investment banks, by city and era\u003cbr\u003e References\u003cbr\u003e Index.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: International relations [\u003ca title=\"See our other books on International relations\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22International%20relations%20%5BJPS%5D%22\"\u003eJPS\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":46066024022296,"sku":"9780521591423","price":70.99,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/products\/9780521591423i.jpg?v=1691408931","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/the-international-organization-of-credit-states-and-global-finance-in-the-world-economy-hardback-9780521591423","provider":"Freshly Printed Books","version":"1.0","type":"link"}