Banking On The World: The Politics Of American International Finance

Bankers have influenced American foreign policy but have also been checked by counterforces. Jeffry Frieden tells the story of the periods after the two world wars in a popular (and sometimes populist) manner. The contemporary version of the issue he finds in the familiar problems of interdependence; here his analysis is disappointingly weak and his narrative wanders into the well-trodden fields of debt, Eurocurrencies and trade.