National Currencies and Globalization

Endangered Specie?

Nonfiction, Social & Cultural Studies, Political Science
Cover of the book National Currencies and Globalization by Paul Bowles, Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Paul Bowles ISBN: 9781135976026
Publisher: Taylor and Francis Publication: December 11, 2007
Imprint: Routledge Language: English
Author: Paul Bowles
ISBN: 9781135976026
Publisher: Taylor and Francis
Publication: December 11, 2007
Imprint: Routledge
Language: English

Globalization and money – two concepts inextricably linked. In many ways the speed with which financial resources traverse the globe, the opportunities which this provides for the efficient allocation of resources, the possibilities which this creates for financial crises and traders who act as agents removed from the concerns of national citizens have come to symbolize the phenomenon, hopes and fears of ‘globalization’.

However, inextricably linked they may be, but well understood they are not. In the case of national currencies, a wide variety of predictions and analyses can be found. For some, national currencies represent barriers to a seamless global economy. Others argue that national currencies will disappear due to the power of international financial markets which will force national governments to adopt more credible currencies and abandon their own. In contrast, others see imperialism or regionalism as the main challenges.

Paul Bowles provides an innovative and systematic analysis of the implications of theories of globalization for national currencies. He critically examines whether, as a result, the world is heading for fewer currencies. He argues that the main ‘force of globalization’ which is endangering national currencies is that of globalization as ‘neoliberal globalism’. However there is no single neoliberal position on money and so the ‘contingent’ nature of neoliberalism explains why this particular force of globalization operates more strongly in some countries than others. This is demonstrated in case studies of four systemically significant currencies, namely, those of Australia, Canada, Mexico and Norway.

National Currencies and Globalization will be of interest to researchers and students of International Political Economy, Politics, Economics and Finance.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Globalization and money – two concepts inextricably linked. In many ways the speed with which financial resources traverse the globe, the opportunities which this provides for the efficient allocation of resources, the possibilities which this creates for financial crises and traders who act as agents removed from the concerns of national citizens have come to symbolize the phenomenon, hopes and fears of ‘globalization’.

However, inextricably linked they may be, but well understood they are not. In the case of national currencies, a wide variety of predictions and analyses can be found. For some, national currencies represent barriers to a seamless global economy. Others argue that national currencies will disappear due to the power of international financial markets which will force national governments to adopt more credible currencies and abandon their own. In contrast, others see imperialism or regionalism as the main challenges.

Paul Bowles provides an innovative and systematic analysis of the implications of theories of globalization for national currencies. He critically examines whether, as a result, the world is heading for fewer currencies. He argues that the main ‘force of globalization’ which is endangering national currencies is that of globalization as ‘neoliberal globalism’. However there is no single neoliberal position on money and so the ‘contingent’ nature of neoliberalism explains why this particular force of globalization operates more strongly in some countries than others. This is demonstrated in case studies of four systemically significant currencies, namely, those of Australia, Canada, Mexico and Norway.

National Currencies and Globalization will be of interest to researchers and students of International Political Economy, Politics, Economics and Finance.

More books from Taylor and Francis

Cover of the book An Architectural Approach to Instructional Design by Paul Bowles
Cover of the book The Fat Lady Sings by Paul Bowles
Cover of the book Health and Risk Communication by Paul Bowles
Cover of the book Being Middle-class in India by Paul Bowles
Cover of the book Marine Transportation Management by Paul Bowles
Cover of the book English Drama Since 1940 by Paul Bowles
Cover of the book Sport and Body Politics in Japan by Paul Bowles
Cover of the book Intellectual Property and Innovation Management in Small Firms by Paul Bowles
Cover of the book A Blues Bibliography by Paul Bowles
Cover of the book Navigating Model Minority Stereotypes by Paul Bowles
Cover of the book Taxation by Paul Bowles
Cover of the book Response to Intervention and Continuous School Improvement by Paul Bowles
Cover of the book The True and the Evident (Routledge Revivals) by Paul Bowles
Cover of the book Learning to Teach by Paul Bowles
Cover of the book Farmers and Village Life in Japan by Paul Bowles
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy