The Politics of International Currencies
Strange, Susan. “The Politics of International Currencies.” World Politics 23, no. 2 (1970): 215-231.
Here Strange argues that because of interdependence states are not so much defenders of national territories or peoples but of national currencies and monetary systems. Conflict can be caused by one monetary system damaging another. The expansion of the international economy requires more and more sophisticated and complex monetary and financial arrangements and the forms of association among them. Strange starts to map out a political theory of international currencies which is developed in Sterling and British Policy (1971).
Keywords: Money and Finance; Political Economy