Listen to a short interview with Rawi Abdelal
Host: Chris Gondek | Producer: Heron & Crane
The rise of global financial markets in the last decades of the twentieth century was premised on one fundamental idea: that capital ought to flow across country borders with minimal restriction and regulation. Freedom for capital movements became the new orthodoxy.
In an intellectual, legal, and political history of financial globalization, Rawi Abdelal shows that this was not always the case. Transactions routinely executed by bankers, managers, and investors during the 1990s--trading foreign stocks and bonds, borrowing in foreign currencies--had been illegal in many countries only decades, and sometimes just a year or two, earlier.
How and why did the world shift from an orthodoxy of free capital movements in 1914 to an orthodoxy of capital controls in 1944 and then back again by 1994? How have such standards of appropriate behavior been codified and transmitted internationally? Contrary to conventional accounts, Abdelal argues that neither the U.S. Treasury nor Wall Street bankers have preferred or promoted multilateral, liberal rules for global finance. Instead, European policy makers conceived and promoted the liberal rules that compose the international financial architecture. Whereas U.S. policy makers have tended to embrace unilateral, ad hoc globalization, French and European policy makers have promoted a rule-based, "managed" globalization. This contest over the character of globalization continues today.
"synopsis" may belong to another edition of this title.
Rawi Abdelal is Joseph C. Wilson Professor of Business Administration at the Harvard Business School.
"About this title" may belong to another edition of this title.
Book Description Viva. pb. Book Condition: Brand New. International Edition. International Edition, Cover & ISBN may be different from US edition, PAPERBACK. Book Condition: New. Brand New,Softcover,No Access code & No context dvd, But Contents are same as US Edition. Printed in English Language, Prompt shipping by USPS/,UPS/,DHL/,FedEx. Exceptional customer Service, Satisfaction Guaranteed. We may ship the books from Asian regions for inventory purpose. "Special Note" We do provide service on APO BOX & PO BOX addresses only in usa. Bookseller Inventory # wwwaadi46067
Book Description Harvard University Press, 2007. Hardcover. Book Condition: New. Bookseller Inventory # DADAX0674023692
Book Description Harvard University Press, 2007. Book Condition: New. Brand New, Unread Copy in Perfect Condition. A+ Customer Service!. Bookseller Inventory # ABE_book_new_0674023692
Book Description Harvard University Press, 2007. Hardcover. Book Condition: New. book. Bookseller Inventory # 0674023692
Book Description Harvard University Press, 2007. Hardcover. Book Condition: New. Bookseller Inventory # P110674023692
Book Description Harvard University Press. Hardcover. Book Condition: New. 0674023692 New Condition. Bookseller Inventory # NEW4.0334168
Book Description Harvard University Press. Hardcover. Book Condition: New. 0674023692 New Condition *** Right Off the Shelf | Ships within 2 Business Days ~~~ Customer Service Is Our Top Priority! - Thank you for LOOKING :-). Bookseller Inventory # 1BOOK2P190308
Book Description Book Condition: Brand New. Book Condition: Brand New. Bookseller Inventory # 97806740236971.0