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The Political Economy of International Capital MobilityThe Historical Conditions for Recent Increases in Capital Mobility

The Political Economy of International Capital Mobility: The Historical Conditions for Recent... [International financial orders are historically produced and are created through direct political interventions (e.g., Langley 2002: 104–20). The dominant economic theories outlined in the previous chapter may well provide intellectual support for the maintenance of a liberal international financial order, and their continued acceptance amongst the economics profession almost certainly restricts the debate about feasible alternatives to such an order. However, they are not, in and of themselves, directly responsible for its creation. The formally constitutive moment of any international financial order arises at the point at which deliberations about the preferred form of international economic relations reach a temporarily definitive conclusion.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

The Political Economy of International Capital MobilityThe Historical Conditions for Recent Increases in Capital Mobility

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Publisher
Palgrave Macmillan UK
Copyright
© Palgrave Macmillan, a division of Macmillan Publishers Limited 2007
ISBN
978-1-349-27964-7
Pages
91 –116
DOI
10.1057/9780230592667_5
Publisher site
See Chapter on Publisher Site

Abstract

[International financial orders are historically produced and are created through direct political interventions (e.g., Langley 2002: 104–20). The dominant economic theories outlined in the previous chapter may well provide intellectual support for the maintenance of a liberal international financial order, and their continued acceptance amongst the economics profession almost certainly restricts the debate about feasible alternatives to such an order. However, they are not, in and of themselves, directly responsible for its creation. The formally constitutive moment of any international financial order arises at the point at which deliberations about the preferred form of international economic relations reach a temporarily definitive conclusion.]

Published: Sep 29, 2015

Keywords: Exchange Rate; Stock Option; Capital Mobility; Foreign Exchange Market; Functional Mobility

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