"In this timely book, Benjamin J. Cohen identifies and analyses a range of critical pathologies currently afflicting the field of international political economy (IPE) and offers remedies to restore the field's vitality. The book addresses the purpose of IPE as a field of study, highlighting the...

Intro -- Contents -- List of Tables -- Acknowledgments -- Abbreviations -- Introduction -- One. From Currency to Capabilities -- Two. From Capabilities to Statecraft -- Three. A Theory of Currency Statecraft -- Four. Youth -- Five. Maturity -- Six. Decline -- Seven. When Statecrafts Collide --...

Acknowledgments -- Abbreviations -- Introduction -- The American school -- America's "Left-Out" -- The British school -- Britain's "Far-Out" -- Continental Europe -- Latin America -- China -- The geography of IPE -- What have we learned? -- Index

For many observers, internationalization is the yuan's manifest destiny - an irresistible by-product of the remarkable economic success of the People's Republic of China (PRC). But is such confidence warranted? Recent history has seen the emergence of other currencies that were also expected, at...