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Capitalism, not globalism : capital mobility, central bank independence, and the political control of the economy / William Roberts Clark
Bib ID 1012155
Format BookBook
Author
Clark, William Roberts
 
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Description Ann Arbor : University of Michigan Press, c2003 
xi, 210 p. : ill. ; 24 cm. 
ISBN 0472112937
Series

Michigan studies in international political economy.

Summary

"Capitalism, Not Globalism challenges both traditional and revisionist globalization theorists in its assertion that increased financial integration has led to neither a widening nor a narrowing of partisan differences in macroeconomic policies and outcomes. William Roberts Clark shows that the absence of partisan differences is a long-standing feature of democratic capitalist societies, arising from policymakers' attempts to use the economy to guarantee their political survival."--BOOK JACKET.

Full contents
  • Ch. 1. Introduction
  • Ch. 2. The structural context of macroeconomic policy choice
  • Ch. 3. Partisanship and fiscal and monetary policy
  • Ch. 4. Elections and fiscal and monetary policy
  • Ch. 5. Partisan differences and macroeconomic outcomes
  • Ch. 6. Elections and macroeconomic outcomes
  • Ch. 7. Conclusion
  • App. A. Derivation of proposition 1.
 
Notes

Includes bibliographical references (p. 193-203) and index.

Subjects Monetary policy.  |  Economic policy.

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