Currency and Coercion: The Political Economy of International Monetary Power

Jonathan Kirshner

Published by Princeton University Press 1995

Currency and Coercion

The Political Economy of International Monetary Power

Jonathan Kirshner

https://doi.org/10.1515/9780691222226

Overview
Contents

About this book

Jonathan Kirshner here examines how states can and have used international currency relationships and arrangements as instruments of coercive power for the advancement of state security. Kirshner lays the groundwork for the study of what he calls monetary power by providing a taxonomy of the forms that such power can take and of the conditions under which it can have effect. He then establishes the actual existence of monetary power by showing how the taxonomy is supported by the historical record, including cases from nations from all over the globe and throughout the twentieth century. He uncovers how monetary power is affected by different monetary regimes, the sources of its success and failure, and the factors that lead states to turn to its use.

Kirshner thus succeeds in developing a generalized framework for the analysis of an important yet neglected form of state power that is likely to be of increasing importance in the post-Cold War era. Although some distinguished scholars have touched on the issue of monetary power, there has been until now no standard text on the subject. Integrating security studies and international political economy, this book is a timely synthesis that will be important to the entire discipline of international relations.

Author / Editor information

Jonathan Kirshner is Assistant Professor of Government at Cornell University.

Reviews

"It is the rich cornucopia of historical studies that will make Currency and Coercion of enduring value....These studies are well documented, clearly written, and serve to highlight the important role of "monetary power" in world politics."---David M. Andrews, Mershon International Studies Review

Topics

Frontmatter Publicly Available Download PDF	i
Contents Publicly Available Download PDF	vii
Figures Publicly Available Download PDF	ix
Tables Publicly Available Download PDF	xi
Acknowledgments Publicly Available Download PDF	xiii
Part I: The Theory Of Monetary Power
1. The Nature of Monetary Power Requires Authentication Unlicensed Licensed Download PDF	3
2. The Viability of Monetary Power Requires Authentication Unlicensed Licensed Download PDF	21
Part II: The Practice Of Monetary Power
3. Currency Manipulation Requires Authentication Unlicensed Licensed Download PDF	44
4. Monetary Dependence Requires Authentication Unlicensed Licensed Download PDF	115
5. Systemic Disruption Requires Authentication Unlicensed Licensed Download PDF	170
Part III: The Potential Of Monetary Power
6. The Opportunity for Monetary Power Requires Authentication Unlicensed Licensed Download PDF	217
7. Monetary Power and International Relations Requires Authentication Unlicensed Licensed Download PDF	263
Index Requires Authentication Unlicensed Licensed Download PDF	283