The Politics of the New International Financial Architecture: Reimposing Neoliberal Domination in the Global South (Paperback)
  • The Politics of the New International Financial Architecture: Reimposing Neoliberal Domination in the Global South (Paperback)
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The Politics of the New International Financial Architecture: Reimposing Neoliberal Domination in the Global South (Paperback)

(author)
£20.99
Paperback 240 Pages / Published: 01/11/2004
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Recent years have witnessed a veritable epidemic of financial crises - from Mexico, through South East Asia, Russia, Brazil and now Argentina. The rich industrial countries, led by the United States, have had to respond. This book examines the G7`s attempts over the past decade to re-establish rules and a degree of order in the world financial system through the creation of the Financial Stability Forum and the G20, which they are calling the New International Financial Architecture. Susanne Soederberg asks: * Why has the New International Financial Architecture emerged? * At whose initiative? * What does it involve? * What are the underlying power relations? * Who is benefiting? * Will it really work? The author argues, however, that this tinkering with the capitalist system will not achieve either sustained economic growth or stability in financial markets, let alone enhance the capability of developing countries to tackle the problems of mass poverty and social injustice.

Publisher: Zed Books Ltd
ISBN: 9781842773796
Number of pages: 240
Weight: 299 g
Dimensions: 215 x 135 x 13 mm


MEDIA REVIEWS
'Full of facts and persuasive arguments, Susanne Soederberg's book deconstructs the 'commonsense' understanding of the new international financial architecture that the United States has imposed on the world over the last twenty years.'
Giovanni Arrighi, author of The Long Twentieth Century

' I highly recommend the analysis of this book to all those who are struggling for another pattern of globalization based on social and international justice.'
Samir Amin

'This book is an invaluable resource to international activists who are struggling to be architects of a better future for humanity, and who know that the world must change profoundly if it is to change at all.'
Molly Kane, Inter Pares

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