Currency and Coercion: The Political Economy of International Monetary Power

by Jonathan Kirshner

Book Overview

Jonathan Kirshner here examines how states can and have used international currency relationships and arrangements as instruments of coercive power for the advancement of state security. Kirshner lays... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 0691016267
• ISBN13: 9780691016269
• Release Date: March 1997
• Publisher: Princeton University Press
• Length: 300 Pages
• Weight: 1.00 lbs.
• Dimensions: 0.8" x 6.1" x 9.2"

Customer Reviews

Currency attack should not be overlooked in State's weaponry

The author chronicles the use of currency manipulation and foreign exchange attack to bring about a nation's broader political objectives. He describes the use, since the late 1800s, of a State's currency as an instrument of power - often hidden from commentators of the day - to achieve the political goals of that State. His analysis of the currency play behind the UK's attempt to gain control of the Suez Canal against the objectives of the US is particularly interesting. When addressing the nature of political power in today's econonically interdependent world, an insight into the silent role of currency power should not be overlooked.