Exploring in depth the institutions that underpin the global economy, this study provides invaluable insights into why a minimum economic order has endured for so long and why states are unwilling to establish a maximum order, a global safety net for all. The author investigates how debt – a critical component of states’ economic infrastructure – leads to debilitating crises, and how these crises undermine the economic autonomy and political independence of states.
Monday, May 4, 2020
Louka: The Global Economic Order: The International Law and Politics of the Financial and Monetary System
The Global Economic Order: The International Law and Politics of the Financial and Monetary System (Edward Elgar Publishing 2020). Here's the abstract: