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The International Organization of Credit by Randall D. Germain

The International Organization of Credit

by Randall D. Germain
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Book cover type: Hardcover
  • ISBN13: 9780521591423
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: Cambridge University Press
  • Publisher Imprint: Cambridge University Press
  • Publication Date:
  • Pages: 224
  • Original Price: GBP 95.0
  • Language: English
  • Edition: N/A
  • Item Weight: 477 grams
  • BISAC Subject(s): Finance / General

Randall Germain explores the changing political economy of finance at the global level. He relates changes in global finance to wider changes in the organization of the international economy, and considers how commercial and investment banks have responded institutionally to these changes. Changes in the institutional organization of credit have rendered traditional policy instruments for controlling credit less useful today than in the past. Germain thus argues that the international organization of credit is likely to be relatively unstable into the twenty-first century, and the role of states within the global credit system will be precarious.

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