States versus Markets

An Historical and Geographical Introduction to International Political Economy
Author(s): 
Schwartz, Herman M.
ISBN: 
0333618521
Date published: 
January 1994
Paperback
Price: 
£14.99
Pages: 
356

Drawing on a broad-ranging reassessment of the historical and spatial evolution of the world economy, Herman Schwartz argues that the 21st-century world is likely to resemble more closely the late 19th century, in which markets typically overwhelmed state policies, than the mid-20th in which states were often able to control or contain markets. In making his case he provides a comprehensive survey and reinterpretation of the theory and practice of international political economy.