Leonard Seabrooke argues that the key to understanding "change" in international finance in the last 40 years rests with US structural power. He demonstrates how structural power draws from state-societal relations and how American promotion of "direct financing" has encouraged Britain, Japan, and Germany to "catch-up" to US-led innovations. In drawing considerably on multidisciplinary insight, the book will benefit all those who wish to understand more about "change" in the international political economy.

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