State institutions, private incentives, global capital

"The Growth of Global Finance since 1960 constitutes one of the most important transformations in social relations during the twentieth century. Using historical, statistical, and graphical techniques, State Institutions, Private Incentives, and Global Capital examines three important aspects of this phenomenal shift in the international political economy."--BOOK JACKET. "Andrew Sobel first explores the reawakening of the international financial markets, mapping their extraordinary transformation since the early 1960s and discussing the role of politics in that metamorphosis. The author then offers a fresh understanding of the systematic differences in access for borrowers in this rapidly transforming and expanding global capital pool. Sobel continues by demonstrating the influence of political factors in producing differential access to the global capital pool."--BOOK JACKET.