Money, Markets, and Sovereignty
In Money, Markets, and Sovereignty, Benn Steil and Manuel Hinds present a fascinating intellectual history of monetary nationalism from the ancient world to the present. Today, the authors argue, an unprecedentedly liberal global trade regime operates side by side with the most extreme doctrine of monetary nationalism ever contrived—a situation bound to trigger periodic crises. Join Benn Steil for a discussion of his new book and the implications of monetary nationalism for today’s global economy.
For more information on Money, Markets, and Sovereignty, visit: http://yalepress.yale.edu/yupbooks/book.asp?isbn=9780300149241
Listen to Sebastian Mallaby, director of the Maurice R. Greenberg Center for Geoeconomic Studies at CFR, discuss the state of the U.S. economy and its implications for the rest of the world with students as part of the CFR Academic Conference Call Series.
Experts discuss the the current global economy and their skepticism of effective capital control, as well as the future of currency pegging, fixed currency rates, and capital mobility.
This session was part of CFR's Stephen C. Friedheim Symposium on Global Economics which was made possible through generous support from Stephen C. Freidheim.
Lori Wallach, director of Public Citizen's Global Trade Watch, discusses investment treaties, their implications for policies to promote financial stability and sustainable use of natural resources, and the flaws of the arbitration system used by investors and nations to settle conflicts, with a focus on the global south.