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Title:The Dollar and National Security: The Monetary Component of Hard Power
Format Type:Ebook
Author:Paul R. Viotti
Publisher:Stanford Security Studies
ISBN:0804792259
ISBN 13:
Number of Pages:248
Category:Manga

The Dollar and National Security: The Monetary Component of Hard Power by Paul R. Viotti

PDF, EPUB, MOBI, TXT, DOC The Dollar and National Security: The Monetary Component of Hard Power Defense establishments and the armed forces they organize train equip and deploy depend upon the security of capital and capital flows mechanisms that have become increasingly globalized Military capabilities are thus closely tied not only to the size of the economic base from which they are drawn but also to the viability of global convertibility and exchange arrangements Although the general public has a stake in these economic matters the interests and interpretive understandings held by policy elites matter most in particular those among the owners or managers of capital who focus on international finance and the international monetary regimes that sustain global commerce and their capital positions .

In i The Dollar and National Security i Paul Viotti explores the links between global capital flows these policy elites and national security After establishing the historical link between currency gold and security he continues the monetary security story by examining the instrumental role the dollar has played in American economic and national security over the past seven decades He reveals how perceived individual and collective interests are the key drivers toward building the kind of durable consensus necessary to sustain the external financing of American foreign and national security policy and addresses the future implications for national security as decision makers in the BRICs and other countries position themselves to assume an even larger policy presence in global commercial monetary and security matters

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