The Political Economy of International Monetary Relations is a book written by Jeffry A. Frieden, a prominent economist known for his research in the field of international political economy and monetary relations. The book, first published in 1991, provides a comprehensive and detailed analysis of the political economy of international monetary relations and its implications for economic policy and analysis.
The book begins by introducing the basic concepts of international monetary relations, such as exchange rates, monetary policy, and the international monetary system. It then goes on to cover a range of topics in the political economy of international monetary relations, including the historical evolution of the international monetary system, the role of institutions in shaping monetary outcomes, and the current challenges facing international monetary relations in the contemporary world.
One of the key contributions of the book is Frieden's examination of the political economy of international monetary relations and the ways in which it has been shaped by economic, political, and social factors. He provides a detailed analysis of the institutional and policy framework of international monetary relations and its impact on economic growth and development.
The book also examines the implications of international monetary relations for economic policy and analysis, particularly for the design of institutions and regulations. Frieden provides a balanced and objective analysis of the benefits and costs of different policy options, and he encourages the reader to consider the trade-offs involved in policy decisions.
The Political Economy of International Monetary Relations is considered a comprehensive and influential analysis of the political economy of international monetary relations and its implications for economic policy and analysis. It is widely used as a textbook in university courses and it is considered a valuable resource for students, scholars, and anyone interested in understanding the political economy of international monetary relations and its historical evolution.
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