Economic cycles are driven by financial flows, namely quantities of savings and credits, and
not by high street inflation or interest rates. Their sweeping destructive powers are …

A well‐known cliché has it that “money makes the world go round” Certainly, monetary
arrangements, specifically exchange‐rate mechanisms, can serve to show the degree to …

How do states build financial power in the international political economy? The conventional
focus is to examine changes at what we may consider the 'big end of town'–the stock …

Persistent episodes of global financial crises have placed the existing system of
international monetary and financial governance under stress. The resulting economic …

The question of money, how to provide it, and how to acquire it where needed is axiomatic to
development. The realities of global poverty and the inequalities between the 'haves' and …

This paper presents a framework to analyse financial globalization. It argues that financial
globalization needs to take into account the relation between money (particularly in its role …

Unions and political movements that favor policies aimed at more stable economic growth
and employment and more equitable sharing of economic costs and benefits have been on …

Emerging market economies have accounted for three quarters of world economic growth
and more than half of world output over the last decade. But the energy and ideas inherent …

Given the ease with which capital flows between countries and the impact such flows can
have on countries with weak national financial systems, it is clear that finance is a …