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Globalisation is a phenomenon that has captured the imagination of both social scientists and the wider public. A recurring theme of 'globalisation' has been the seeming inability of governments to control financial forces.
This book goes right to the heart of this issue by looking at the collaboration between finance ministries and central banks from the major industrialised powers in the field of monetary and financial governance. It examines the so-called G7 process, its role and influence in modern economic life. It asks what the G7 process does, what influence it has and what constrains it? This book is a timely and scholarly study of the collaboration between G7 finance ministries and central banks over the last decade.
This book will be of strong interest to students and academics working in the fields of IR and IPE, particularly specialists in international financial and monetary relations.