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Globalization and money – two concepts inextricably linked. In many ways the speed with which financial resources traverse the globe, the opportunities which this provides for the efficient allocation of resources, the possibilities which this creates for financial crises and traders who act as agents removed from the concerns of national citizens have come to symbolize the phenomenon, hopes and fears of ‘globalization’.

However, inextricably linked they may be, but well understood they are not. In the case of national currencies, a wide variety of predictions and analyses can be found. For some, national currencies represent barriers to a seamless global economy. Others argue that national currencies will disappear due to the power of international financial markets which will force national governments to adopt more credible currencies and abandon their own. In contrast, others see imperialism or regionalism as the main challenges.

Paul Bowles provides an innovative and systematic analysis of the implications of theories of globalization for national currencies. He critically examines whether, as a result, the world is heading for fewer currencies. He argues that the main ‘force of globalization’ which is endangering national currencies is that of globalization as ‘neoliberal globalism’. However there is no single neoliberal position on money and so the ‘contingent’ nature of neoliberalism explains why this particular force of globalization operates more strongly in some countries than others. This is demonstrated in case studies of four systemically significant currencies, namely, those of Australia, Canada, Mexico and Norway.

National Currencies and Globalization will be of interest to researchers and students of International Political Economy, Politics, Economics and Finance.

Customer Reviews (1)

Things gone and things still here
This book gives a true-to-life account of Paul Bowles life in morocco. It gives examples of the things that go on there that you wouldn't expect to find in an ordinary travel guide. I'd reccomend this book to people thatwere going to Morocco so that they could get a taste of the dark undersideof the area. It was a good book and for the most part easy to read. Thestories, like most of Bowles work, stick in your head long after readingthem. ... Read more

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This four volume collection presents the first four years of SPARROW, the literary broadsheet published monthly through the years by Black Sparrow Press, beginning in October 1972 through September 1976. The individual issues average 16 pages each, each issue the work of an individual authjor, and are bound in order in volumes which were issued in 1973, 1974, 1975 and 1976. ... Read more

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short stories, Guatemala, tr Paul Bowles ... Read more

Customer Reviews (1)

An imaginative trip to the world below.
Through a series of short stories, Rey Rosa introduces us not only to a scary world beyond, but also to a new line in Guatemalan literature. Also, interesting mixing of scenaries. Even though, it was Rey Rosa's first workis strong and provocative. It makes you want to keep track of this youngwriter. ... Read more

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