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Capitalism, Not Globalism2003

Capital Mobility, Central Bank Independence, and the Political Control of the Economy (Michigan Studies in International Political Economy)

by William Roberts Clark

"In Capitalism, Not Globalism, William Roberts Clark challenges both traditional and revisionist globalization theorists in his assertion that increased financial integration has led to neither a widening nor a narrowing of partisan differences in macroeconomic policies and outcomes. Clark shows that the absence of partisan differences is a long-standing feature of democratic capitalist societies, arising from policymakers' attempts to use the economy to guarantee their political survival."--Jacket.

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