Essential reading for understanding the international economy-now
thoroughly updated
Lucid, accessible, and provocative, and now thoroughly updated to cover
recent events that have shaken the global economy, Globalizing Capital
is an indispensable account of the past 150 years of international
monetary and financial history-from the classical gold standard to
today's post-Bretton Woods "nonsystem." Bringing the story up to the
present, this third edition covers the global financial crisis, the
Greek bailout, the Euro crisis, the rise of China as a global monetary
power, the renewed controversy over the international role of the U.S.
dollar, and the currency war. Concise and nontechnical, and with a
proven appeal to general readers, students, and specialists alike,
Globalizing Capital is a must-read for anyone who wants to understand
where the international economy has been-and where it may be going.