Rules for the Global Economy

Hardcover (Print)
Used and New from Other Sellers
Used and New from Other Sellers
from $20.89
Usually ships in 1-2 business days
(Save 71%)
Other sellers (Hardcover)
  • All (13) from $20.89   
  • New (8) from $20.89   
  • Used (5) from $21.58   


"Interactions among countries are mediated by rules. Examples include the rules for trade, the flow of finance, financial stability, the environment, and human rights. Siebert's new book not only explains what these regulations are, but why they exist and, more importantly, why they change over time. The perspective taken by the book is as simple as it is powerful: rules evolve to reduce transactions costs. Siebert has written an intellectually exciting and wise book--a guide for devising the rules needed to address many of today's great challenges."--Scott Barrett, Columbia University

"This brilliant exposition by a leading economist explains why globalization requires global rules. The author's argument is based on the German school of liberalism that emphasizes the need for the state to provide standards for the proper working of a market economy."--André Sapir, Université Libre de Bruxelles

"Officials who are tasked with translating the G-20 aspirations into new rules will greatly benefit from Siebert's sound analysis. The rest of us can use Siebert as a guide to distinguish between rules that genuinely answer the needs of our new era and fluffy wisps in the sky."--from the foreword by Gary Hufbauer, Peterson Institute for International Economics

"This is an iconoclastic and interesting work. Arguing that a rules-based interaction among global players is critical for achieving the gains promised by globalization, Siebert applies this notion to each of the major areas of the international system. The book's arguments are consistent and relevant for policy, especially with respect to trade and the environment."--Ingo Walter, New York University

Read More Show Less

Editorial Reviews

From the Publisher

"A useful contribution to the international economics literature."--Choice
A useful contribution to the international economics literature.
Read More Show Less

Product Details

  • ISBN-13: 9780691133362
  • Publisher: Princeton University Press
  • Publication date: 7/6/2009
  • Edition description: New Edition
  • Pages: 288
  • Product dimensions: 6.40 (w) x 9.30 (h) x 1.00 (d)

Meet the Author

Horst Siebert (1938-2009) was the Heinz Nixdorf Professor in European Integration and Economic Policy at Johns Hopkins University's SAIS Bologna Center in Italy. His books include "The World Economy, Economics of the Environment", and "The German Economy" (Princeton).
Read More Show Less

Table of Contents

Foreword vii
Preface ix
Chapter I: The Concept of aWorld Economic Order 1
Chapter II: Globalization and Its Impact on the International Rule System 20
Chapter III: How Rules Are Established 32
Chapter IV: How Rules Are Stabilized 50
Chapter V: Rules for International Product Markets 75
Chapter VI: Rules for Border-Crossing Factor Movements 100
Chapter VII: Rules for the Global Environment 121
Chapter VIII: Preventing Financial Instability 150
Chapter IX: Avoiding Currency Crises 177
Chapter X: Ethical Norms, Human Rights, Fairness, and Legitimacy: Restraints for the International Rule System 197
Chapter XI: Interdependence of Orders, Structure of the Rule System, and Institutional Fit 215
Chapter XII: Major Challenges to the Rule System in the Future 231
References and Further Reading 249
Index 263
Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star


4 Star


3 Star


2 Star


1 Star


Your Rating:

Your Name: Create a Pen Name or

Barnes & Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation


  • - By submitting a review, you grant to Barnes & and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Terms of Use.
  • - Barnes & reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)