Global Trade and Finance

Maryanne Kelton, Leonard Seabrooke, Annika Stenström

Research output: Chapter in Book/Report/Conference proceedingBook chapterResearchpeer-review

Abstract

This chapter presents a fleeting history of key changes in global trade and finance in the post-war period, organised around the themes of crisis and cooperation. The first section of the chapter discusses the key themes. The second section considers the emergence of the post-World War II Bretton Woods regime. The third section outlines the rise of private capital in the 1970s through to the debt crisis of the 1980s. The fourth section considers discussions of global financial architecture in the 1990s to the 2000s. The fifth section discusses changes in the last fifteen years, focusing on how the trade regime has stalled and the financial regime has been partially rolled back. Finally, the concluding section reflects on the ever-present need to foster cooperation in the global financial and trade architecture.
Original languageEnglish
Title of host publicationAn Introduction to International Relations
EditorsRichard Devetak, Daniel R. McCarthy
Number of pages11
Place of PublicationCambridge
PublisherCambridge University Press
Publication date2024
Edition4.
Pages309-319
Chapter23
ISBN (Print)9781009315227
ISBN (Electronic)9781009315234
DOIs
Publication statusPublished - 2024

Cite this