The Challenge Of Globalization And Institution Building

Download or read book The Challenge Of Globalization And Institution Building written by Randall W. Kindley and published by Routledge. This book was released on 2019-07-11 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: Describing and analyzing the links between monetary policy and economic governance in small countries in both Western and Eastern Europe, this interdisciplinary volume demonstrates how interest groups shape monetary policy decisions in increasingly globalized financial markets. The contributors' findings hold great relevance even for large contries like the United States, which are now struggling with the challenges of internationalization. A diverse group of political scientists and economists, the contributors contend that although the small states have limited options, they are nonetheless able to make choices that enable their export industries to flourish in an environment of increasing internationalization. The authors conclude that lack of control over the future shape of monetary union in Europe is not inimical to future prosperity.