The Money Mandarins: Making of a Supranational Economic Order

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9780873327046: The Money Mandarins: Making of a Supranational Economic Order

What role do Chinese popular associations play in the expansion of civil society and democratization? This book examines a range of associations, from business associations to trade unions, to urban homeowners associations, women's groups against domestic violence, and rural NGOs that develop anti-poverty programs.

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Economics professor (American Univ.) Wachtel believes that the chief source of instability in the world economy is unregulated international banking. He discusses the Bretton Woods Agree ment, which regulated the post World War II economy, its abandonment in the 1970s, and the resultant vast sums of currency unregulated by any govern ment. Far from seeing free market eco nomics as providing a solution to the effects of the destabilizing flows of "Eurodollars," Wachtel believes that regulation is necessary. He proposes some interesting solutions of his own which should stimulate debate by all but the most rigidly ideological. For both public and academic libraries. Stuart Gudowitz, George Washington Univ. Lib., Washington, D.C.
Copyright 1986 Reed Business Information, Inc.

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