International economic and financial policy (IEFP) involves the analysis of national government policy measures which are intended to influence external trade, investment, intellectual property rights (IPR) and migration -- IEFP can be seen as synonymous with the idea of globalization. The power of the state to intervene in markets is a key determinant of the existence of globalization, its speed and nature. What an individual argues about globalization is ultimately an argument of the preference for a specific view on the intervention of the state in the economy. This book focuses on IEFP by systematically relating it to theories of the state, as well as exploring in detail the role of international financial institutions and private institutions in globalization and the instruments used. There is also discussion of international trade, looking at the static gains from international trade and analyzing distortions and their remedies. There are also important contributions to the debate on trade opening and how it can affect employment and wages. This book represents an indispensable guide to the role of the state in globalization and IEFP, and is essential for all interested in the global economy, theories of the state, international trade and international finance.
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