Research Catalog

A political economy of American hegemony : buildups, booms, and busts

Title
A political economy of American hegemony : buildups, booms, and busts / Thomas Oatley University of North Carolina, Chapel Hill.
Author
Oatley, Thomas H., 1962-
Publication
Cambridge ; New York, NY : Cambridge University Press, 2015.
Supplementary Content
Cover image

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StatusFormatAccessCall NumberItem Location
Book/TextUse in library JBD 18-113Schwarzman Building - General Research Room 315

Details

Description
x, 199 pages; 23 cm
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"--
Subjects
Bibliography (note)
  • Includes bibliographical references (pages 167-182) and index.
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. Military buildups, financial power, and America's postwar booms -- 5. Deflecting the costs of adjustment -- 6. The financial consequences of America's postwar booms -- 7. The political economy of American hegemony.
Call Number
JBD 18-113
ISBN
  • 9781107090644 (hardback)
  • 1107090644 (hardback)
  • 9781107462809 (paperback)
  • 1107462800 (paperback)
LCCN
  • 2014038213
  • 40024657095
OCLC
894935655
Author
Oatley, Thomas H., 1962-
Title
A political economy of American hegemony : buildups, booms, and busts / Thomas Oatley University of North Carolina, Chapel Hill.
Publisher
Cambridge ; New York, NY : Cambridge University Press, 2015.
Type of Content
text
Type of Medium
unmediated
Type of Carrier
volume
Bibliography
Includes bibliographical references (pages 167-182) and index.
Connect to:
Cover image
Chronological Term
2008 - 2009
Other Standard Identifier
40024657095
Research Call Number
JBD 18-113
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