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The development of American finance /
"Since the 1960s, scholars and other commentators have frequently announced the imminent decline of American financial power : excessive speculation and debt are believed to have undermined the long-term basis of a stable U.S.-led financial order. But the American financial system has repeatedl...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
New York :
Cambridge University Press,
2011.
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| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | "Since the 1960s, scholars and other commentators have frequently announced the imminent decline of American financial power : excessive speculation and debt are believed to have undermined the long-term basis of a stable U.S.-led financial order. But the American financial system has repeatedly shown itself to be more resilient than such assessments suggest. This book argues that there is considerable coherence to American finance : far from being a house of cards, it is a proper edifice, built on institutional foundations with points of both strength and weakness. The book examines these foundations through a historical account of their construction : it shows how institutional transformations in the late nineteenth century created a distinctive infrastructure of financial relations and proceeds to trace the contradiction-ridden expansion of this system during the twentieth century as well as its institutional consolidation during the neoliberal era. It concludes with a discussion of the forces of instability that hit at the start of the twenty-first century"-- |
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| Descripción Física: | 1 online resource (viii, 199 pages) |
| Bibliografía: | Includes bibliographical references (pages 161-193) and index. |
| ISBN: | 9781139144995 1139144995 9781139015011 113901501X 9786613316592 6613316598 1107223423 9781107223424 1139139975 9781139139977 1283316595 9781283316590 1139139215 9781139139212 1139137662 9781139137669 1139140795 9781139140799 1139141678 9781139141673 |