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Paperback Global Capital and National Governments Book

ISBN: 0521521629

ISBN13: 9780521521628

Global Capital and National Governments

(Part of the Cambridge Studies in Comparative Politics Series)

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Format: Paperback

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Book Overview

This book examines the degree to which international financial markets affect governments' policy choices. It provides empirical evidence as to whether financial globalization creates pressures on governments of developed and developing nations to pursue similar policies and to reduce spending on social policies. The book suggests that financial globalization does not lead to a race to the bottom among governments, especially in developed nations...

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