The Challenge of Global Capitalism: The World Economy in the 21st Century

The Challenge of Global Capitalism: The World Economy in the 21st Century

by Robert Gilpin, Jean M. Gilpin
     
 

ISBN-10: 0691049351

ISBN-13: 9780691049359

Pub. Date: 02/22/2000

Publisher: Princeton University Press

Many individuals proclaim that global capitalism is here to stay. Unfettered markets, they argue, now drive the world, and all countries must adjust, no matter how painful this may be for some. Robert Gilpin urges us, however, not to take an open and integrated global economy for granted. Rather, we must consider the political circumstances that have enabled global…  See more details below

Overview

Many individuals proclaim that global capitalism is here to stay. Unfettered markets, they argue, now drive the world, and all countries must adjust, no matter how painful this may be for some. Robert Gilpin urges us, however, not to take an open and integrated global economy for granted. Rather, we must consider the political circumstances that have enabled global markets to function and the probability that these conditions will continue. The Challenge of Global Capitalism is a magisterial inquiry into all major aspects of the contemporary world political economy. Beginning with the 1989 end of the Cold War and the subsequent collapse of communism, it focuses on globalization and rapid technological change and covers a broad sweep of economic developments and political cultures. Gilpin demonstrates the fragility of a global and integrated economy and recommends what can be done to strengthen it.

Product Details

ISBN-13:
9780691049359
Publisher:
Princeton University Press
Publication date:
02/22/2000
Edition description:
With a New preface by the author
Pages:
408
Product dimensions:
6.45(w) x 9.51(h) x 1.28(d)

Table of Contents

List of Illustrationsvii
Preface to the Paperback Editionix
Acknowledgmentsxxxi
List of Abbreviationsxxxiii
Introduction: The Fragile Global Economy3
Chapter 1The Second Great Age of Capitalism15
Chapter 2The Cold War International Economy52
Chapter 3The Insecure Trading System88
Chapter 4The Unstable Monetary System114
Chapter 5Global Financial Vulnerability134
Chapter 6Age of the Multinational163
Chapter 7European Regional Integration193
Chapter 8American Economic Strategy227
Chapter 9Asian Regionalism265
Chapter 10Globalization and Its Discontents293
Chapter 11Managing the Global Economy325
Notes359
Select Bibliography365
Index371

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