In This Review

Banking On The World: The Politics Of American International Finance
Banking On The World: The Politics Of American International Finance
By Jeffry A. Frieden
Harper & Row, 1987, 264 pp.

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.