A History of International Monetary Diplomacy, 1867 to the Present

The Rise of the Guardian State and Economic Sovereignty in a Globalizing World

By:

Giulio M Gallarotti

Format:

Hardback

Series:

Routledge Frontiers of Political Economy

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Description

This book is about how the rise of democracy has transformed economics over the past 150 years. As voting was expanded to the masses in the late 19th century, political leaders faced emergent pressures to deliver prosperity to their newly enfranchised populations. This led to the rise of the guardian state: a state whose prime directive was to protect economic growth and employment. Domestic economic goals now became sacrosanct, and if that meant a failure on the international stage to construct solutions to problems in monetary relations, so be it. The book traces the history of international monetary diplomacy during this long period to show how the guardian state has manifested itself, and how it has shaped the course of international monetary relations. Each of the most important international monetary conferences in history is scrutinized with respect to how nations sought to protect the prosperity within their national economies. The historical narratives give a bird’s-eye view into how domestic political priorities have intruded on and shaped economic relations among nations. The book clearly demonstrates the advantages of an interdisciplinary understanding of how politics shapes economics. It will be invaluable reading for scholars and students of international economics, politics and economic history.

Author Biography:

Giulio M. Gallarotti is Professor of Government and member of the Faculty of the College of the Environment–at Wesleyan University, USA. He is also Adjunct Professor of Political Science at Columbia University, USA, and was a Visiting Professor in the Department of Economic Theory at the University of Rome, Italy.

Release date Australia

July 29th, 2021

Author

Giulio M Gallarotti

Audiences

Postgraduate, Research & Scholarly
Undergraduate

Illustrations

11 Tables, black and white; 1 Line drawings, black and white; 1 Illustrations, black and white

Pages

208

Series

Routledge Frontiers of Political Economy

ISBN-13

9781138841154

Product ID

22659958

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A History of International Monetary Diplomacy, 1867 to the Present

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