American Power after the Financial Crisis
Book description
The global financial crisis of 2007-2008 was both an economic catastrophe and a watershed event in world politics. In American Power after the Financial Crisis, Jonathan Kirshner explains how the crisis altered the international balance of power, affecting the patterns and pulse of world politics. The crisis, Kirshner argues, brought…
Why read it?
1 author picked American Power after the Financial Crisis as one of their favorite books. Why do they recommend it?
The name of the professor who assigned my first book recommendation in a graduate seminar: Jonathan Kirshner. Clearly, he’s had a big impact on my thinking.
In this book, Kirshner masterfully explains the ramifications of ungoverned (and crisis-prone) global finance. The 2008 financial crisis delegitimated American claims to responsible stewardship of the international economy, amplified the attractiveness of the model offered by a rising China, and eroded American material power.
In the book Kirshner did not anticipate the election of Trump or the outbreak of COVID-19 (who could have?) but the events of the last decade have, if anything, made…
From Stephen's list on politics that shaped international economic order.
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