A Political Economy of American Hegemony Buildups, Booms, and Busts
Résumé
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.
Spécifications produit
Contenu
Options de lecture
Informations sur le fabricant
Autres spécifications
EAN
Sécurité des produits
Vous trouverez cet article :
Des documents
Commentaires
Pourquoi faire le bon choix?
Selon nous, cet article constitue un bon choix, car il possède des caractéristiques ou propriétés positives sur le plan social et écologique par rapport à des articles similaires.
Qualité ou caractéristiques
Choisissez la version souhaitée
Ebook utilisable dès son achat
Les ebooks offrent plein d'avantages
Garantie légale via bol
Service client 24h/24
Paiement sécurisé
- Vous ne pouvez pas annuler ou retourner des éléments téléchargés. Pour les produits qui ne sont pas encore parus, vous pouvez annuler jusqu'à la date de publication.
