At present primarily governed by market forces with little regulatory interference, international financial relations have become increasingly important for global as well as national economies. Contributors to this volume consider whether this absence of regulation is wise, in the light of...

Machine generated contents note: Introduction Jocelyn Pixley; 1. Sovereign nations and the governance of international finance Renate Mayntz; 2. Coping with the dangerous component of capital flows and Asia's ineffective cooperation Iwan Azis; 3. How mobile capital plays off democracy - the Euro...

During the recent financial crisis, the conflict between sovereign states and banks over who controls the creation of money was thrown into sharp relief. This collection investigates the relationship between states and banks, arguing that conflicts between the two over control of money produces...