States versus markets

Description

"Drawing on a broad-ranging reassessment of the historical and spatial evolution of the world economy, Herman Schwartz shows how the twenty-first-century world has come to resemble the late nineteenth century, in which markets typically overwhelmed state policies, more than the mid-twentieth century, in which states were often able to control or contain markets. In so doing he shows that globalization is a much longer-term and more multi-faceted phenomenon than its current protagonists generally argue and provides a particularly clear account of the complex interdependence of modern states and modern markets." "The new edition provides full coverage of the financial crisis of the emerging markets of the 1990s and their - and others' - respective prospects into the twenty-first century."--BOOK JACKET.

Description

"States versus Markets focuses on the struggles of states as they deal with changing world markets and try to influence the international political economy in ways that serve their own interests. Professor Schwartz argues that the stability and successful state intervention in markets that characterized the post-World War II period were not normal, but were in fact a dramatic departure from the typical processes of the global economy. He points out that the current global economy increasingly resembles that of the nineteenth century, when market pressures tended to overwhelm state policies."--Jacket.

Subjects

Other Editions

• States versus markets: history, geography, and the development of the international political economySt. Martin's Press1994-01-01
• States versus marketsSt. Martin's Press2000-01-01