State Institutions, Private Incentives, Global Capital

With the growing debate about the effect of financial interdependence on the ability of states to conduct economic policy and indeed to preserve their independence in the face of unprecedented economic linkages, this book will be of interest to political scientists and economists as well as policy makers concerned with the impact of financial globalization and the causes of differentials in access to capital.

Andrew C. Sobel is Assistant Professor of Political Science and Resident Fellow, Center in Political Economy, Washington University, St. Louis. He is the author of Domestic Choices, International Markets: Dismantling National Barriers and Liberalizing Securities Markets. He is also a 1975 graduate of HAmilton College.


"The rigorous examination of the causes and consequences of increased financial integration. . . is one of the great strengths of this book. . . . Makes an important contribution to this research program and pushes it forward by demonstrating the value of careful empirical work."
--William Roberts Clark, International Relations, September 2001

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