Hegemonic Finances

Hegemonic Finances
Author: Thomas J. Figueira
Publisher: Classical Press of Wales
Total Pages: 299
Release: 2019-09-30
Genre: History
ISBN: 1910589969

Research into the mechanisms and the morality of Athenian hegemony is now perhaps livelier than ever. Of particular importance are the methods by which Athens drew money from the Aegean world with which to fund a vast fleet, to facilitate her own demokratia and to create ambitious public buildings still visible today. This collection of new studies, inspired and guided by an internationally-acknowledged authority on ancient finance, Thomas Figueira, by focusing on how Athens raised finance, sheds light on more familiar questions: How oppressive, or otherwise, was Athens to fellow-Greeks and how did her demands vary over time? Contributors here suggest that Athens may have exercised hegemonic ambitions for longer than usually thought, applying greater experience, and more sensitivity to individual communities.

Birth of Hegemony

Birth of Hegemony
Author: Andrew C. Sobel
Publisher: University of Chicago Press
Total Pages: 291
Release: 2012-09-03
Genre: Political Science
ISBN: 0226767612

With American leadership facing increased competition from China and India, the question of how hegemons emerge—and are able to create conditions for lasting stability—is of utmost importance in international relations. The generally accepted wisdom is that liberal superpowers, with economies based on capitalist principles, are best able to develop systems conducive to the health of the global economy. In Birth of Hegemony, Andrew C. Sobel draws attention to the critical role played by finance in the emergence of these liberal hegemons. He argues that a hegemon must have both the capacity and the willingness to bear a disproportionate share of the cost of providing key collective goods that are the basis of international cooperation and exchange. Through this, the hegemon helps maintain stability and limits the risk to productive international interactions. However, prudent planning can account for only part of a hegemon’s ability to provide public goods, while some of the necessary conditions must be developed simply through the processes of economic growth and political development. Sobel supports these claims by examining the economic trajectories that led to the successive leadership of the Netherlands, Britain, and the United States. Stability in international affairs has long been a topic of great interest to our understanding of global politics, and Sobel’s nuanced and theoretically sophisticated account sets the stage for a consideration of recent developments affecting the United States.

States and the Reemergence of Global Finance

States and the Reemergence of Global Finance
Author: Eric Helleiner
Publisher: Cornell University Press
Total Pages: 257
Release: 2015-05-26
Genre: Political Science
ISBN: 1501701983

Most accounts explain the postwar globalization of financial markets as a product of unstoppable technological and market forces. Drawing on extensive historical research, Eric Helleiner provides the first comprehensive political history of the phenomenon, one that details and explains the central role played by states in permitting and encouraging financial globalization. Helleiner begins by highlighting the commitment of advanced industrial states to a restrictive international financial order at the 1944 Bretton Woods conference and during the early postwar years. He then explains the growing political support for the globalization of financial markets after the late 1950s by analyzing five sets of episodes: the creation of the Euromarket in the 1960s, the rejection in the early 1970s of proposals to reregulate global financial markets, four aborted initiatives in the late 1970s and early 1980s to implement effective controls on financial movements, the extensive liberalization of capital controls in the 1980s, and the containment of international financial crises at three critical junctures in the 1970s and 1980s. He shows that these developments resulted from various factors, including the unique hegemonic interests of the United States and Britain in finance, a competitive deregulation dynamic, ideological shifts, and the construction of a crisis-prevention regime among leading central bankers. In his conclusion Helleiner addresses the question of why states have increasingly embraced an open, liberal international financial order in an era of considerable trade protectionism.

Empire and Dissent

Empire and Dissent
Author: Fred Rosen
Publisher: Duke University Press
Total Pages: 285
Release: 2008-09-29
Genre: History
ISBN: 0822381443

Since the early nineteenth century, the United States has repeatedly intervened in the affairs of Latin American nations to pursue its own interests and to “protect” those countries from other imperial powers or from internal “threats.” The resentment and opposition generated by the encroachment of U.S. power has been evident in the recurrent attempts of Latin American nations to pull away from U.S. dominance and in the frequent appearance of popular discontent and unrest directed against imperialist U.S. policies. In Empire and Dissent, senior Latin Americanists explore the interplay between various dimensions of imperial power and the resulting dissent and resistance. Several essays provide historical perspective on contemporary U.S.–hemispheric relations. These include an analysis of the nature and dynamics of imperial domination, an assessment of financial relations between the United States and Latin America since the end of World War II, an account of Native American resistance to colonialism, and a consideration of the British government’s decision to abolish slavery in its colonies. Other essays focus on present-day conflicts in the Americas, highlighting various modes of domination and dissent, resistance and accommodation. Examining southern Mexico’s Zapatista movement, one contributor discusses dissent in the era of globalization. Other contributors investigate the surprisingly conventional economic policies of Brazil’s president, Luiz Inácio Lula da Silva; Argentina’s recovery from its massive 2001 debt default; the role of coca markets in the election of Bolivia’s first indigenous president, Evo Morales; and the possibilities for extensive social change in Venezuela. A readers’ guide offers a timeline of key events from 1823 through 2007, along with a list of important individuals, institutions, and places. Contributors: Daniel A. Cieza, Gregory Evans Dowd, Steve Ellner, Neil Harvey, Alan Knight, Carlos Marichal, John Richard Oldfield, Silvia Rivera, Fred Rosen, Jeffrey W. Rubin

The Financialization of the Brazilian Territory

The Financialization of the Brazilian Territory
Author: Fabio Betioli Contel
Publisher: Springer Nature
Total Pages: 178
Release: 2020-02-20
Genre: Science
ISBN: 3030402932

The book analyzes the financialization of the Brazilian territory to identify its main actors, technical systems and processes. The work is divided into three parts, which correspond to the three main scales of analysis of the national financial system: 1. the global scale, which defines the relative position of Brazil in the international division of financial work, emphasizing the role of São Paulo as an international financial centre; 2 the national level, which demonstrates the recent development of the financial and banking system (after 1964), with emphasis on the location and regionalization of bank headquarters and branches, as well as the new electronic channels for the provision of banking services (ATMs, points-of-sales, mobile and Internet banking); and 3. the local scale, which shows how these new financial agents and technical systems affect the Brazilian urban population, emphasizing the indebtedness of the lower income classes, as well as the emergence of alternative ways of using finance, such as fintechs, credit cooperatives and community banks.

American Empire and the Political Economy of Global Finance

American Empire and the Political Economy of Global Finance
Author: L. Panitch
Publisher: Springer
Total Pages: 342
Release: 2008-07-24
Genre: Political Science
ISBN: 0230227678

In a lively critique of how international and comparative political economy misjudge the relationship between global markets and states, this book demonstrates the central place of the American state in today's world of globalized finance. The contributors set aside traditional emphases on military intervention, looking instead to economics.

US Power in International Finance

US Power in International Finance
Author: L. Seabrooke
Publisher: Springer
Total Pages: 303
Release: 2001-04-17
Genre: Business & Economics
ISBN: 0230513360

Leonard Seabrooke argues that they key to understanding 'change' in international finance in the last forty years rests with US structural power. He demonstrates for the reader how structural power draws from embedded state-societal relations and how the US promotion of 'direct financing' has encouraged Britain, Japan, and Germany to 'catch-up' to US-led innovations. In drawing considerably on multidisciplinary insight, the book will benefit all those who wish to understand more about 'change' in the international political economy.

The Ordeal Of Hegemony

The Ordeal Of Hegemony
Author: Guy Poitras
Publisher: Routledge
Total Pages: 187
Release: 2019-07-11
Genre: Political Science
ISBN: 1000304116

This book describes the relations between international relations theory and the realities of U.S.-Latin American relations. It attempts a reappraisal of U.S. power in Latin America, a risky venture in times of indeterminate change and divergent thinking.

Restructuring Hegemony in the Global Political Economy

Restructuring Hegemony in the Global Political Economy
Author: Henk W Overbeek
Publisher: Routledge
Total Pages: 308
Release: 1993-05-06
Genre: Business & Economics
ISBN: 1134935935

Since the late 1970s, the spread of Neo-liberalism and the failure of socialist economies and systems in Eastern Europe have resulted in a practically unchallenged hegemony of international capital across the globe. Neo-liberalism is now the dominant ideology, legitimizing the privatisation of state-controlled economies and the substitution of the

Financialisation and Poverty Alleviation in Ghana

Financialisation and Poverty Alleviation in Ghana
Author: Francis Boateng Frimpong
Publisher: BRILL
Total Pages: 285
Release: 2021-11-22
Genre: Social Science
ISBN: 9004500022

Francis Frimpong argues that the exponential growth of finance and credit infrastructures in Ghana did not alleviate poverty in the country. It has, however, resulted in rising financial profits, financialising poverty and stagnating the real sector of the economy