Central Banking as Global Governance

'In this challenging and timely book, Rodney Bruce Hall develops an innovative social theory of monetary relations. The implications he draws for governance at both the domestic and international levels are provocative and very likely to stimulate productive debates. Central Banking as Global Governance deserves to reach an audience far beyond specialists.' Louis W. Pauly, Canada Research Chair in Globalization and Governance, University of Toronto
'With erudition and verve, Rodney Bruce Hall brings constructivism fully into the mainstream of political economy analysis of central banking. Monetary governance, he argues, is inherently social, based ultimately on relations of trust and collective assignments of authority. The book is both insightful and provocative.' Benjamin J. Cohen, University of California, Santa Barbara
'Central Banking as Global Governance is a masterly, path-breaking book. Rodney Bruce Hall's command of this complex material is impressive, even awe-inspiring. Most remarkable about the book is his ability to show how so many disparate social facts, practices, and organizations hang together to constitute the social underpinnings of contemporary financial markets. The practices of capital – of holders of capital, central banks, finance ministries, and rating agencies – are premised on shared meanings that, once institutionalized, are parametric. Hall's book brilliantly explains those parameters and how they have evolved.' Rawi Abdelal, Harvard Business School