Global Capital and National Governments (English, Layna Mosley | Peter Lange | Robert H. Bates)

About the Book

This book examines the degree to which international financial markets affect governments' policy choices. It provides empirical evidence as to whether financial globalization creates pressures on governments of developed and developing nations to pursue similar policies and to reduce spending on social policies. The book suggests that financial globalization does not lead to a "race to the bottom" among governments, especially in developed natio…

ISBN: 9780521521628