Shop now Shop now Shop now Cloud Drive Photos Shop now Learn More Shop now Shop now Shop Fire Shop Kindle Shop now Shop now

Customer Reviews

4.3 out of 5 stars
4.3 out of 5 stars
5 star
4 star
3 star
2 star
1 star

Your rating(Clear)Rate this item
Share your thoughts with other customers

There was a problem filtering reviews right now. Please try again later.

on 7 April 2012
Globalizing Capital is a good introduction to the international monetary system, and a decent review for the already familiar who want to revise their knowledge.
The book begins in the mid nineteenth century, and examines the problems of bi-metalism (the linking of the value of silver with gold) and the linkage with metal and paper money.
The book follows to describe the important milestones in international monetarism, including the collapse of the gold standard, Bretton Woods and its subsequent collapse in 1971, European Monetary Union, and the 1997 Asian Financial Crisis.
As a book originally published in 1996, it has been decently updated to include the aforementioned Asian Financial Crisis, and other developments such as the Euro and the 2008 onward financial crisis.
The only thing lacking is further explanation into the process of exchange and valuation, which is what this reader initially sought.
But on the whole, a decent overview and a readable book with knowledge and understanding to be gained.
0Comment| 4 people found this helpful. Was this review helpful to you?YesNoReport abuse
on 8 March 2011
A fine text on the History of the International Monetary System. Easy reading, interesting and very useful to understand the Euro crisis and European Monetary History.
0Comment| 3 people found this helpful. Was this review helpful to you?YesNoReport abuse
on 6 January 2012
I generally like very much authors other books as well, I believe I have most of them at home plus I have read plenty of his articles.
This book fairly short, but it gives a nice idea of history of monetary system. As we have now entered an era of funding issues in many places, I wish I could read a book about capital flows, sovereign risk and finance of current accounts from Eichngreen. I think current account deficits/surplusses and required adjustment processes have received only limited attention. So far the history has been fairly smooth despite regional crisis happening occasionally, as the international lenders of the last resort have been able to intervene to restore largely business as usual. Also, sovereign debt was considered "risk free" in terms of credit. As the European experience now shows, adjustment following excess liquidity can be painful. For that reason I would be delighted to read a book from some author of this calibre related to current issues in international monetary system. There are too many scandal or polemique seeking authors who are just not very credible.
0Comment| One person found this helpful. Was this review helpful to you?YesNoReport abuse

Send us feedback

How can we make Amazon Customer Reviews better for you?
Let us know here.

Sponsored Links

  (What is this?)