Book review: currency politics: the political economy of exchange rate policy by Jeffry A. Frieden

Exchange rates are vital to the functioning of an economy, so what determines the currency policies that governments choose to pursue? In Currency Politics: The Political Economy of Exchange Rate Policy, Jeffry A. Frieden draws upon a range of historical examples and case studies from Europe, North America and Latin America to offer an analysis of the politics of exchange rate policy. While often a challenging read, this book is worth the effort for those looking to understand how national politics shape currency policy and the possible future of international currency regimes, writes Jenny McArthur.