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BL
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| Record Number
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881500
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| Main Entry
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Kirshner, Jonathan
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| Title & Author
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American power after the financial crisis /\ Jonathan Kirshner.
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| Publication Statement
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Ithaca ;London :: Cornell University Press,, 2014.
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, ©2014
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| Series Statement
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Cornell studies in money
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| Page. NO
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1 online resource (xii, 217 pages)
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| ISBN
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0801454786
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: 0801454794
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: 132250430X
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: 9780801454783
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: 9780801454790
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: 9781322504308
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0801450993
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9780801450990
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| Bibliographies/Indexes
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Includes bibliographical references (pages 173-208) and index.
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| Contents
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The global financial crisis as world politics -- Learning from the Great Depression -- From the first to the second U.S. postwar order -- Seeds of discord: the Asian financial crisis -- The new American model and the financial crisis -- The crisis and world politics -- The crisis and the international balance of power -- Conclusions, expectations, and speculations.
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| Abstract
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The global financial crisis of 2007-2008 was both an economic catastrophe and a watershed event in world politics. In American Power after the Financial Crisis, Jonathan Kirshner explains how the crisis altered the international balance of power, affecting the patterns and pulse of world politics. The crisis, Kirshner argues, brought about an end to what he identifies as the "second postwar American order" because it undermined the legitimacy of the economic ideas that underpinned that order--especially those that encouraged and even insisted upon uninhibited financial deregulation. The crisis also accelerated two existing trends: the relative erosion of the power and political influence of the United States and the increased political influence of other states, most notably, but not exclusively, China. Looking ahead, Kirshner anticipates a "New Heterogeneity" in thinking about how best to manage domestic and international money and finance. These divergences--such as varying assessments of and reactions to newly visible vulnerabilities in the American economy and changing attitudes about the long-term appeal of the dollar--will offer a bold challenge to the United States and its essentially unchanged disposition toward financial policy and regulation. This New Heterogeneity will contribute to greater discord among nations about how best to manage the global economy. A provocative look at how the 2007-2008 economic collapse diminished U.S. dominance in world politics, American Power after the Financial Crisis suggests that the most significant and lasting impact of the crisis and the Great Recession will be the inability of the United States to enforce its political and economic priorities on an increasingly recalcitrant world.
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| Subject
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Umschulungswerkstätten für Siedler und Auswanderer, Bitterfeld
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| Subject
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Global Financial Crisis, 2008-2009-- Political aspects.
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National security-- Economic aspects-- United States.
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Außenpolitik
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BUSINESS ECONOMICS-- International-- Economics.
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BUSINESS ECONOMICS-- International-- General.
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Finanzkrise
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globalisation
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international affairs
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International economic relations.
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monetary crisis
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National security-- Economic aspects.
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POLITICAL SCIENCE-- Political Economy.
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United States
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Wirtschaftspolitik
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world economy
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United States, Foreign economic relations, 20th century.
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United States, Foreign economic relations, 21st century.
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United States.
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| Dewey Classification
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337.73
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| LC Classification
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HF1455.K56 2014eb
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| NLM classification
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08.20.12ep-class
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08.20.12.ep-class
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16.16.04ep-class
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16.16.04.ep-class
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