A Political Economy of American Hegemony PDF – Free Download

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A Political Economy of American Hegemony: Buildups, Booms, and Busts pdf offers a fresh look at what would have otherwise been a jaded topic the author of A Political Economy of American Hegemony: Buildups, Booms, and Busts pdf book draws on a vast knowledge bank of insights and experience to execute this work.

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.

ASIN ‏ : ‎ B00SYVZAI4
Publisher ‏ : ‎ Cambridge University Press (February 16, 2015)
Publication date ‏ : ‎ February 16, 2015
Language ‏ : ‎ English
File size ‏ : ‎ 1765 KB
Simultaneous device usage ‏ : ‎ Up to 4 simultaneous devices, per publisher limits
Text-to-Speech ‏ : ‎ Enabled
Enhanced typesetting ‏ : ‎ Enabled
X-Ray ‏ : ‎ Not Enabled
Word Wise ‏ : ‎ Enabled
Print length ‏ : ‎ 210 pages
Lending ‏ : ‎ Not Enabled

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