Ethics of the International Monetary Systems
Author: Samuel Sarri
Ethics of the International Monetary Systems follows the attempts to establish a form of control over international monetary systems from the Gold Standard system to the floating exchange rates of today. Since the inception of these systems, economists have criticized them as fundamentally unfair to countries that have not adopted the strict market rigors of Western-style capitalism. Samuel Sarri presents an ethical approach to evaluating the history of economic theory. Then he puts forth a new approach to international monetary systems that involves grouping similar countries and cultures in trading blocs called "regional competitive cooperatives" that fairly compete with one another, while boosting global development and respecting heterogeneous, regional value-systems and axiologies. He uses the successes of International Free Trade Agreements and the monetary union of Europe as a guide. Sarri's system aspires to achieve the classical ideals of global financial and monetary harmony. It takes into account the idea of multipolar power sharing, the economic outlooks, the diverse ethical views, the metaphysical and religious systems, histories, and cultures of the parts that compose the economic and political planetary whole.
Author Biography: Samuel Sarri is Professor of Philosophy and Economics at the Community College of Southern Nevada.
Booknews
At once an examination of and a recommendation for moral considerations in such international systems as the gold standard and its descendants. After examining the moral components of the economic philosophies of Ricardo, Adam Smith, Marx, and others and exploring the workings of various global systems, the author puts forth an approach that involves grouping similar countries and cultures in trading blocs with a single currency. Annotation c. Book News, Inc., Portland, OR (booknews.com)
Table of Contents:
| Figures | ||
| Tables | ||
| Ch. 1 | The Gold Standard System, GESS | 1 |
| Ch. 2 | Moral Assessment of the GESS | 11 |
| Ch. 3 | The Gold Exchange Standard System, GESS | 31 |
| Ch. 4 | Moral Assessment of the GESS | 53 |
| Ch. 5 | The International System of Special Drawing Rights (SDRs) | 81 |
| Ch. 6 | The Morality of the Actual Floating Exchange Rates Regime | 125 |
| Ch. 7 | Towards an Ethically Multidimensional, Global Monetary and Financial Scene | 171 |
| Ch. 8 | An Abyss of Financial and Monetary Reform Proposals | 239 |
| Ch. 9 | The Eco-Ethical Synergism of Global Financial and Monetary Affairs | 263 |
| Ch. 10 | Theory and Normative Plan of Eco-Ethical Synergism and World Financial and Monetary Relations | 310 |
| Endnotes | 313 | |
| Footnotes | 343 | |
| Index | 351 |
Book review: Advanced Culinary Techniques or How to Pull Cookbook
International Business History: A Contextual and Case Approach
Author: Dennis M MP McCarthy
This text presents for the first time the history of international business, using both a case and contextual approach. Case studies from around the world are analyzed in both their internal and external contexts. Divided into five geographical sections--Europe, the United States, Central America/South America/the Caribbean, Africa, and Asia/ Western Pacific--the text features case studies of particular businesses of various periods, as well as essays on international business and economic integration in the particular regions. Introductions to each section define main themes and relate the case studies to those themes; commentaries introduce each case study and summarize key issues.
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