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A Political Economy of American Hegemony : Buildups, Booms, and Busts. アメリカの覇権の政治経済-軍備増強、好況、不況
・ISBN 978-1-107-09064-4 hard GB£ 75.00
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・ISBN 978-1-107-46280-9 paper GB£ 28.00
¥8,870.- (税込) ※(※)価格はご注文時の参考価格となります。
納品価格につきましては書籍の入荷時点で確定となります。
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お気に入り
★★★
電子版あり 大学・学術機関向け電子ブック(eBook)ISBN 978-1-316-10919-9
| 著者・編者 | Oatley, Thomas, |
|---|---|
| 出版社 | (Cambridge U. Pr., US) |
| 出版年月 | 2015 |
| ページ数 | 199 pp. |
| 言語 | ENG |
| ニュース番号 | <1 621-410> |
解説
In A Political Economy of American Hegemony, Thomas Oatley explores how America's military buildups have produced postwar economic booms that have culminated in monetary and financial crises. The 2008 subprime crisis - as well as the housing bubble that produced it - was the most recent manifestation of this buildup, boom, and bust cycle, developing as a consequence of the decision to deficit-finance the wars in Afghanistan and Iraq. Earlier instances of financial crises were generated by deficit-financed buildups in the 1980s and the late 1960s. The buildup, boom, and bust pattern results from the way political institutions and financial power shape America's response to military challenges: political institutions transform increased military spending into budget deficits, and financial power enables the United States to finance these deficits by borrowing cheaply from the rest of the world. Oatley examines how this cycle has had a powerful impact on American and global economic and financial performance.