Realigning Interests

Discover the insightful analysis in Realigning Interests by M. Chang, published by Palgrave Macmillan. This thought-provoking book, released in 2004, spans 200 pages and delves into the intricate relationship between domestic elections and economic stability. Chang emphasizes how electoral politics can hinder governments from maintaining a credible fixed exchange rate and responding effectively to market fluctuations, which can lead to increased speculation. This softcover reprint of the original first edition offers a valuable perspective for economists, policymakers, and anyone interested in the dynamics of political influence on economic decisions. Enhance your understanding of the intersection of politics and economics with this essential read.