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May 07 2021 - 04:15 PM
May 2021 Staff Picks: Global Finances
 


The architecture of our global financial system is an important area of study for anyone concerned with the welfare and prosperity of the world's population. These books discuss the history of the creation of our current system -- one in which global trade and finance is centered around and dependent on the dollar -- as well as problems faced in the developing world in acquiring these dollars without potentially volatile capital outflows that render them financially insolvent. Many of the books cover U.S. monetary policy and the Federal Reserve, since the Fed and its policies effectively determine the value of the dollar and international confidence in its ability to act, de facto, as a global currency. Other books discuss trade and industrial policy in developing countries and their successes and failures in generating economic prosperity and mitigating financial crises.



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Posted in: Staff Picks Book Display|By: Joseph Edwards|370 Reads