States Versus Markets

Download or read book States Versus Markets written by Herman M. Schwartz and published by . This book was released on 1994 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: States versus Markets focuses on the struggles of states as they deal with changing world markets and try to influence the international political economy in ways that serve their own interests. Professor Schwartz argues that the stability and successful state intervention in markets that characterized the post-World War II period were not normal, but were in fact a dramatic departure from the typical processes of the global economy. He points out that the current global economy increasingly resembles that of the nineteenth century, when market pressures tended to overwhelm state policies.