Home | Business News | Browse by Publication | J | Journal of Economic Issues

Capital Rules: The Construction of Global Finance.

Publication: Journal of Economic Issues
Publication Date: 01-DEC-08 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Capital Rules: The Construction of Global Finance.(Book review)

Article Excerpt
Capital Rules: The Construction of Global Finance, by Rawi Abdelal. Cambridge, MA: Harvard University Press. 2007. Hardcover: 674 02369 2, $49.95, 304 pages.

In today's economy, international organizations generally encourage the free flow of capital between countries. However, this was not always the case. Immediately after World War II (WWII) tight restrictions on capital became "orthodox," with organizations such as the International Monetary Fund (IMF), the European Community (EC), and the Organization for Economic Cooperation and Development (OECD) promoting capital controls. These recommendations were in stark contrast to the "orthodox" policy of free capital flows prior to WWII, and in stark contrast to the free capital flows of today.

In Capital Rules: The Construction of Global Finance, Harvard Business School professor Rawi Abdelal discusses the historical context of these changes and what prompted them. His book is an intriguing combination of history and...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from Journal of Economic Issues
Escape from Empire: The Developing World's Journey Through Heaven and ..., December 01, 2008
Reintroducing Macroeconomics: A Critical Approach.(Book review), December 01, 2008
What Do We Know About Globalization?: Issues of Poverty and Income Dis..., December 01, 2008
Real World Economics: A Post-Autistic Economics Reader.(Book review), December 01, 2008
Institutions and Norms in Economic Development.(Book review), December 01, 2008

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.