Online Library TheLib.net » France after Hegemony: International Change and Financial Reform

How does the decline of the hegemon--the dominant, rule-making power of the international system--affect middle-level nations? By examining monetary and credit policy in postwar France, Michael Loriaux illuminates this question, tracing the relationship of domestic economic reform to specific changes in the international political economy which have resulted from U.S. hegemonic decline.

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