"The Geography of Money"

Selasa, 28 Oktober 20080 comments

Benjamin J. Cohen "The Geography of Money"
Cornell University Press | 1998 | ISBN: 1420062689 | 248 pages | PDF |
14,8 Mb

The traditional assumption holds that the territory of money coincides
precisely with the political frontiers of each nation state: France
has the franc, the United Kingdom has the pound, the United States has
the dollar. But the disparity between that simple mental landscape and
the actual organization of currency spaces has grown in recent years,
as territorial boundaries of individual states limit currency
circulation less and less. Many currencies are used outside their
"home" country for transactions either between nations or within
foreign states. In this book, Benjamin J. Cohen asks what this new
geography of money reveals about financial and political power.
Cohen shows how recent changes in the geography of money challenge
state sovereignty.

He examines the role of money and the scope of
cross-border currency competition in today's world. Drawing on new
work in geography and network theory to explain the new spatial
organization of monetary relations, Cohen suggests that international
relations, political as well as economic, are being dramatically
reshaped by the increasing interpenetration of national monetary
spaces. This process, he explains, generates tensions and insecurities
as well as opportunities for cooperation.


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