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The Resource A political economy of American hegemony : buildups, booms, and busts, Thomas Oatley University of North Carolina, Chapel Hill

A political economy of American hegemony : buildups, booms, and busts, Thomas Oatley University of North Carolina, Chapel Hill

Label
A political economy of American hegemony : buildups, booms, and busts
Title
A political economy of American hegemony
Title remainder
buildups, booms, and busts
Statement of responsibility
Thomas Oatley University of North Carolina, Chapel Hill
Creator
Subject
Language
eng
Summary
"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"--
Assigning source
Provided by publisher
Cataloging source
DLC
http://library.link/vocab/creatorDate
1962-
http://library.link/vocab/creatorName
Oatley, Thomas H.
Index
index present
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/subjectName
  • Military policy
  • Global Financial Crisis, 2008-2009
  • Business cycles
  • Globalization
  • United States
  • United States
Label
A political economy of American hegemony : buildups, booms, and busts, Thomas Oatley University of North Carolina, Chapel Hill
Instantiates
Publication
Bibliography note
Includes bibliographical references (pages 167-182) and index
Carrier category
volume
Carrier MARC source
rdacarrier.
Content category
text
Content type MARC source
rdacontent.
Contents
1. The political economy of imbalance; 2. National security shocks and military buildups; 3. Warfare, welfare, and the size of the American state; 4. Buildups and booms; 5. Deflecting the costs of adjustment; 6. The financial consequences of America's postwar booms; 7. The political economy of American hegemony
Control code
FIEb17678201
Dimensions
23 cm.
Extent
x, 199 pages
Isbn
9781107090644
Media category
unmediated
Media MARC source
rdamedia.
System control number
(OCoLC)894935655
Label
A political economy of American hegemony : buildups, booms, and busts, Thomas Oatley University of North Carolina, Chapel Hill
Publication
Bibliography note
Includes bibliographical references (pages 167-182) and index
Carrier category
volume
Carrier MARC source
rdacarrier.
Content category
text
Content type MARC source
rdacontent.
Contents
1. The political economy of imbalance; 2. National security shocks and military buildups; 3. Warfare, welfare, and the size of the American state; 4. Buildups and booms; 5. Deflecting the costs of adjustment; 6. The financial consequences of America's postwar booms; 7. The political economy of American hegemony
Control code
FIEb17678201
Dimensions
23 cm.
Extent
x, 199 pages
Isbn
9781107090644
Media category
unmediated
Media MARC source
rdamedia.
System control number
(OCoLC)894935655

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