The politics of the new international financial architecture : reimposing neoliberal dominational in the global south / Susanne Soederberg.
"Recent years have witnessed a veritable epidemic of financial crises--from Mexico, through South East Asia, Russia, Brazil and now Argentina. The rich industrial countries, led by the United States, have had to respond. This book examines the G7's attempts over the past decade to re-estab...
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| Main Author: | |
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| Format: | Book |
| Language: | English |
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New York :
Zed Books,
2004.
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| Subjects: | |
| Online Access: | Contributor biographical information |
| Summary: | "Recent years have witnessed a veritable epidemic of financial crises--from Mexico, through South East Asia, Russia, Brazil and now Argentina. The rich industrial countries, led by the United States, have had to respond. This book examines the G7's attempts over the past decade to re-establish rules and a degree of order in the world financial system through the creation of the Financial Stability Forum and the G20, which they are calling the New International Financial Architecture. Susanne Soederberg asks: Why has the New International Financial Architecture emerged? At whose initiative? What does it involve? What are the underlying power relations? Who is benefiting? And, will it really work? The author argues that this tinkering with the capitalist system will not achieve either sustained economic growth or stability in financial markets, let alone enhance the capability of developing countries to tackle the problems of mass poverty and social injustice."--Publisher description. |
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| Physical Description: | 229 pages ; 23 cm |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 184277378X 9781842773789 1842773798 9781842773796 |