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ISBN: 0333921674Издательство: Palgrave MacMillan
Leonard Seabrooke argues that the key to understanding "change" in international finance in the last 40 years rests with US structural power. He demonstrates how structural power draws from state-societal relations and how American promotion of "direct financing" has encouraged Britain, Japan, and Germany to "catch-up" to US-led innovations. In drawing considerably on multidisciplinary insight, the book will benefit all those who wish to understand more about "change" in the international political economy.