US Power in International Finance : The Victory of Dividends

Leonard Seabrooke argues that they key to understanding change in international finance in the last forty years rests with US structural power. He demonstrates for the reader how structural power draws from embedded state-societal relations and how the US promotion of direct financing has encouraged Britain, Japan, and Germany to catch-up to US-led innovations. In drawing considerably on multidisciplinary insight, the book will benefit all those who wish to understand more about change in the international political economy.