- Princeton University Press
Currency and Coercion: The Political Economy of International Monetary Power
Key Metrics
- Jonathan Kirshner
- Princeton University Press
- Paperback
- 9780691016269
- 9.23 X 6.08 X 0.78 inches
- 1 pounds
- Political Science > International Relations - General
- English
Book Description
Jonathan Kirshner here examines how states can and have used international currency relationships and arrangements as instruments of coercive power for the advancement of state security. Kirshner lays the groundwork for the study of what he calls monetary power by providing a taxonomy of the forms that such power can take and of the conditions under which it can have effect. He then establishes the actual existence of monetary power by showing how the taxonomy is supported by the historical record, including cases from nations from all over the globe and throughout the twentieth century. He uncovers how monetary power is affected by different monetary regimes, the sources of its success and failure, and the factors that lead states to turn to its use.
Kirshner thus succeeds in developing a generalized framework for the analysis of an important yet neglected form of state power that is likely to be of increasing importance in the post-Cold War era. Although some distinguished scholars have touched on the issue of monetary power, there has been until now no standard text on the subject. Integrating security studies and international political economy, this book is a timely synthesis that will be important to the entire discipline of international relations.
Author Bio
Jonathan Kirshner is Professor of Political Science and International Studies. His research and teaching interests focus on international relations, political economy (especially macroeconomics and money), and politics and film. His current research includes projects on classical realism, the international political implications of the financial crisis and its aftermath, and the politics of mid-century cinema.
Prior to joining Boston College, Kirshner was the Stephen and Barbara Friedman Professor of International Political Economy in the Department of Government at Cornell University. At Cornell, he also served as director of the Reppy Institute for Peace and Conflict Studies from 2007 to 2015, and was the recipient of the Provost’s Award for Distinguished Scholarship and the Stephen and Margery Russell Distinguished Teaching Award.
Recent books include American Power after the Financial Crisis, and Hollywood’s Last Golden Age: Politics, Society and the Seventies Film in America. His first book, Currency and Coercion, explored how states manipulate international monetary relations to advance security-related goals. Another book, Appeasing Bankers: Financial Caution on the Road to War, illustrated how financial interests (such as banks) and international financial markets can shape and constrain states’ grand strategies and influence decisions about war and peace. Appeasing Bankers won the best book award from the International Security Studies Section of the International Studies Association.
Kirshner was the first World Politics Visiting Fellow at Princeton University’s Institute for International and Regional Studies, and was the director of the Economics and National Security Program at the Olin Institute at Harvard University from 2000-04. With Eric Helleiner, he is the co-editor of the multi-disciplinary book series “Cornell Studies in Money,” as well as the books The Great Wall of Money: Power and Politics in China’s International Monetary Relations and The Future of the Dollar.
Source: Boston College
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