American structural power within International Financial Governance: from Bretton Woods to globalization

From the 1950s to the 1990s, the international monetary and financial system underwent deep changes with profound consequences, including the breakdown of Bretton Woods and the emergence of the globalized financial system. This paper aims to understand how American domestic political and economic ch...

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Autor principal: Alencar, Fernando Barcellos de Andrade
Formato: info:eu-repo/semantics/article
Lenguaje:Inglés
Publicado: Faculdade de Filosofia e Ciências 2018
Materias:
Acceso en línea:https://revistas.marilia.unesp.br/index.php/bjir/article/view/7610
http://biblioteca-repositorio.clacso.edu.ar/handle/CLACSO/71786
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author Alencar, Fernando Barcellos de Andrade
author_facet Alencar, Fernando Barcellos de Andrade
author_sort Alencar, Fernando Barcellos de Andrade
collection Repositorio
description From the 1950s to the 1990s, the international monetary and financial system underwent deep changes with profound consequences, including the breakdown of Bretton Woods and the emergence of the globalized financial system. This paper aims to understand how American domestic political and economic challenges and responses in the 1970s reframed the superpowers’ foreign policy goals with respect to global financial governance. Drawing on the international political economy theory of structural power, this article analyzes U.S. domestic and foreign economic policy and examines international governance outcomes from a historical perspective. It argues that U.S. replies to domestic and international political and economic constraints prompted significant structural changes to the international monetary and financial system. The paper concludes that it is American domestic decision-making that determines the structure of the international financial system due to American structural power to underwrite and rewrite the norms and rules of the international financial governance.     Recebido em: fevereiro/2018 Aprovado em: abril/2018
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spelling clacso-CLACSO717862022-03-21T17:38:51Z American structural power within International Financial Governance: from Bretton Woods to globalization Alencar, Fernando Barcellos de Andrade structural power international financial governance U.S.A. domestic political economy structural power U.S.A. domestic political economy international financial governance From the 1950s to the 1990s, the international monetary and financial system underwent deep changes with profound consequences, including the breakdown of Bretton Woods and the emergence of the globalized financial system. This paper aims to understand how American domestic political and economic challenges and responses in the 1970s reframed the superpowers’ foreign policy goals with respect to global financial governance. Drawing on the international political economy theory of structural power, this article analyzes U.S. domestic and foreign economic policy and examines international governance outcomes from a historical perspective. It argues that U.S. replies to domestic and international political and economic constraints prompted significant structural changes to the international monetary and financial system. The paper concludes that it is American domestic decision-making that determines the structure of the international financial system due to American structural power to underwrite and rewrite the norms and rules of the international financial governance.     Recebido em: fevereiro/2018 Aprovado em: abril/2018 From the 1950s to the 1990s, the international monetary and financial system underwent deep changes with profound consequences, including the breakdown of Bretton Woods and the emergence of the globalized financial system. This paper aims to understand how American domestic political and economic challenges and responses in the 1970s reframed the superpowers’ foreign policy goals with respect to global financial governance. Drawing on the international political economy theory of structural power, this article analyzes U.S. domestic and foreign economic policy and examines international governance outcomes from a historical perspective. It argues that U.S. replies to domestic and international political and economic constraints prompted significant structural changes to the international monetary and financial system. The paper concludes that it is American domestic decision-making that determines the structure of the international financial system due to American structural power to underwrite and rewrite the norms and rules of the international financial governance. 2018-09-17 2022-03-21T17:38:51Z 2022-03-21T17:38:51Z info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion https://revistas.marilia.unesp.br/index.php/bjir/article/view/7610 10.36311/2237-7743.2018.v7n2.09.p390 http://biblioteca-repositorio.clacso.edu.ar/handle/CLACSO/71786 eng https://revistas.marilia.unesp.br/index.php/bjir/article/view/7610/5265 Copyright (c) 2018 Brazilian Journal of International Relations application/pdf Faculdade de Filosofia e Ciências Brazilian Journal of International Relations; v. 7 n. 2 (2018); 390-414 2237-7743
spellingShingle structural power
international financial governance
U.S.A.
domestic political economy
structural power
U.S.A.
domestic political economy
international financial governance
Alencar, Fernando Barcellos de Andrade
American structural power within International Financial Governance: from Bretton Woods to globalization
title American structural power within International Financial Governance: from Bretton Woods to globalization
title_full American structural power within International Financial Governance: from Bretton Woods to globalization
title_fullStr American structural power within International Financial Governance: from Bretton Woods to globalization
title_full_unstemmed American structural power within International Financial Governance: from Bretton Woods to globalization
title_short American structural power within International Financial Governance: from Bretton Woods to globalization
title_sort american structural power within international financial governance: from bretton woods to globalization
topic structural power
international financial governance
U.S.A.
domestic political economy
structural power
U.S.A.
domestic political economy
international financial governance
url https://revistas.marilia.unesp.br/index.php/bjir/article/view/7610
http://biblioteca-repositorio.clacso.edu.ar/handle/CLACSO/71786