Capitalism, Not Globalism: Capital Mobility, Central Bank Independence, and the Political Control of the Economy (Michigan Studies in International Political Economy)

3 avg rating
( 2 ratings by Goodreads )
 
9780472112937: Capitalism, Not Globalism: Capital Mobility, Central Bank Independence, and the Political Control of the Economy (Michigan Studies in International Political Economy)
View all copies of this ISBN edition:
 
 

Capitalism, Not Globalism shows that, while much has been made of recent changes in the international economy, the mechanisms by which politicians control the economy have not changed throughout the postwar period. Challenging both traditional and revisionist globalization theorists, William Roberts Clark argues that increased financial integration has led to neither a widening nor a narrowing of partisan differences in macroeconomic polices or outcomes. Rather, he shows that the absence of partisan differences in macroeconomic policy is a long-standing feature of democratic capitalist societies that can be traced to politicians' attempts to use the economy to help them survive in office.
Changes in the structural landscape such as increased capital mobility and central bank independence do not necessarily diminish the ability of politicians to control the economy, but they do shape the strategies they use to do so. In a world of highly mobile capital, politicians manipulate monetary policy to create macroeconomic expansions prior to elections only if the exchange rate is flexible and the central bank is subservient. But they use fiscal policy to induce political business cycles when the exchange rate is fixed or the central bank is independent.
William Roberts Clark is Assistant Professor, Department of Politics, New York University.

"synopsis" may belong to another edition of this title.

About the Author:

William Roberts Clark is Assistant Professor of Politics, New York University.

"About this title" may belong to another edition of this title.

Top Search Results from the AbeBooks Marketplace

1.

Clark, William Roberts
Published by University of Michigan Press
ISBN 10: 0472112937 ISBN 13: 9780472112937
New Hardcover Quantity Available: 1
Seller:
Cloud 9 Books
(Wellington, FL, U.S.A.)
Rating
[?]

Book Description University of Michigan Press. Hardcover. Condition: New. 0472112937 New Condition. Seller Inventory # NEW7.1950420

More Information About This Seller | Contact this Seller

Buy New
US$ 59.99
Convert Currency

Add to Basket

Shipping: US$ 4.99
Within U.S.A.
Destination, Rates & Speeds

2.

William Roberts Clark
Published by University of Michigan Press 2003 (2003)
ISBN 10: 0472112937 ISBN 13: 9780472112937
New Hardcover Quantity Available: 1
Seller:
Robin Summers
(Aldeburgh, United Kingdom)
Rating
[?]

Book Description University of Michigan Press 2003, 2003. Condition: New. New hardback. Fine and unread. Seller Inventory # A18834

More Information About This Seller | Contact this Seller

Buy New
US$ 63.95
Convert Currency

Add to Basket

Shipping: US$ 17.92
From United Kingdom to U.S.A.
Destination, Rates & Speeds

3.

William Roberts Clark
Published by University of Michigan Press (2003)
ISBN 10: 0472112937 ISBN 13: 9780472112937
New Hardcover Quantity Available: 1
Seller:
Ergodebooks
(RICHMOND, TX, U.S.A.)
Rating
[?]

Book Description University of Michigan Press, 2003. Hardcover. Condition: New. Seller Inventory # DADAX0472112937

More Information About This Seller | Contact this Seller

Buy New
US$ 80.97
Convert Currency

Add to Basket

Shipping: US$ 4.99
Within U.S.A.
Destination, Rates & Speeds

4.

William Roberts Clark
Published by The University of Michigan Press, United States (2003)
ISBN 10: 0472112937 ISBN 13: 9780472112937
New Hardcover Quantity Available: 1
Seller:
Book Depository International
(London, United Kingdom)
Rating
[?]

Book Description The University of Michigan Press, United States, 2003. Hardback. Condition: New. Language: English . Brand New Book. Capitalism, Not Globalism shows that, while much has been made of recent changes in the international economy, the mechanisms by which politicians control the economy have not changed throughout the postwar period. Challenging both traditional and revisionist globalization theorists, William Roberts Clark argues that increased financial integration has led to neither a widening nor a narrowing of partisan differences in macroeconomic polices or outcomes. Rather, he shows that the absence of partisan differences in macroeconomic policy is a long-standing feature of democratic capitalist societies that can be traced to politicians attempts to use the economy to help them survive in office. Changes in the structural landscape such as increased capital mobility and central bank independence do not necessarily diminish the ability of politicians to control the economy, but they do shape the strategies they use to do so. In a world of highly mobile capital, politicians manipulate monetary policy to create macroeconomic expansions prior to elections only if the exchange rate is flexible and the central bank is subservient. But they use fiscal policy to induce political business cycles when the exchange rate is fixed or the central bank is independent. William Roberts Clark is Assistant Professor, Department of Politics, New York University. Seller Inventory # AAN9780472112937

More Information About This Seller | Contact this Seller

Buy New
US$ 95.11
Convert Currency

Add to Basket

Shipping: FREE
From United Kingdom to U.S.A.
Destination, Rates & Speeds

5.

William Roberts Clark
Published by The University of Michigan Press, United States (2003)
ISBN 10: 0472112937 ISBN 13: 9780472112937
New Hardcover Quantity Available: 1
Seller:
The Book Depository
(London, United Kingdom)
Rating
[?]

Book Description The University of Michigan Press, United States, 2003. Hardback. Condition: New. Language: English . Brand New Book. Capitalism, Not Globalism shows that, while much has been made of recent changes in the international economy, the mechanisms by which politicians control the economy have not changed throughout the postwar period. Challenging both traditional and revisionist globalization theorists, William Roberts Clark argues that increased financial integration has led to neither a widening nor a narrowing of partisan differences in macroeconomic polices or outcomes. Rather, he shows that the absence of partisan differences in macroeconomic policy is a long-standing feature of democratic capitalist societies that can be traced to politicians attempts to use the economy to help them survive in office. Changes in the structural landscape such as increased capital mobility and central bank independence do not necessarily diminish the ability of politicians to control the economy, but they do shape the strategies they use to do so. In a world of highly mobile capital, politicians manipulate monetary policy to create macroeconomic expansions prior to elections only if the exchange rate is flexible and the central bank is subservient. But they use fiscal policy to induce political business cycles when the exchange rate is fixed or the central bank is independent. William Roberts Clark is Assistant Professor, Department of Politics, New York University. Seller Inventory # AAN9780472112937

More Information About This Seller | Contact this Seller

Buy New
US$ 98.46
Convert Currency

Add to Basket

Shipping: FREE
From United Kingdom to U.S.A.
Destination, Rates & Speeds

6.

Clark, William Roberts
Published by The University of Michigan Press (2003)
ISBN 10: 0472112937 ISBN 13: 9780472112937
New Quantity Available: 1
Seller:
Books2Anywhere
(Fairford, GLOS, United Kingdom)
Rating
[?]

Book Description The University of Michigan Press, 2003. HRD. Condition: New. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Seller Inventory # CE-9780472112937

More Information About This Seller | Contact this Seller

Buy New
US$ 87.23
Convert Currency

Add to Basket

Shipping: US$ 12.42
From United Kingdom to U.S.A.
Destination, Rates & Speeds

7.

William Roberts Clark
Published by University of Michigan Press
ISBN 10: 0472112937 ISBN 13: 9780472112937
New Hardcover Quantity Available: 1
Seller:
THE SAINT BOOKSTORE
(Southport, United Kingdom)
Rating
[?]

Book Description University of Michigan Press. Hardcover. Condition: New. New copy - Usually dispatched within 2 working days. Seller Inventory # B9780472112937

More Information About This Seller | Contact this Seller

Buy New
US$ 104.17
Convert Currency

Add to Basket

Shipping: US$ 9.58
From United Kingdom to U.S.A.
Destination, Rates & Speeds

8.

William Roberts Clark
Published by University of Michigan Press (2003)
ISBN 10: 0472112937 ISBN 13: 9780472112937
New Hardcover Quantity Available: 1
Seller:
Irish Booksellers
(Portland, ME, U.S.A.)
Rating
[?]

Book Description University of Michigan Press, 2003. Hardcover. Condition: New. book. Seller Inventory # M0472112937

More Information About This Seller | Contact this Seller

Buy New
US$ 127.60
Convert Currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, Rates & Speeds

9.

William Roberts Clark
Published by Univ of Michigan Pr (2003)
ISBN 10: 0472112937 ISBN 13: 9780472112937
New Hardcover Quantity Available: 1
Seller:
Revaluation Books
(Exeter, United Kingdom)
Rating
[?]

Book Description Univ of Michigan Pr, 2003. Hardcover. Condition: Brand New. 192 pages. 9.25x6.25x1.00 inches. In Stock. Seller Inventory # __0472112937

More Information About This Seller | Contact this Seller

Buy New
US$ 127.96
Convert Currency

Add to Basket

Shipping: US$ 8.28
From United Kingdom to U.S.A.
Destination, Rates & Speeds