A critical analysis of the re-emergence of international capital mobility

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The paper explores the evolution of global finance from the Bretton Woods Agreements to the onset of the subprime crisis, highlighting the significant revival of international capital mobility (ICM) during this period. It examines the factors that contributed to this resurgence and the implications for the global economy, offering insights into the dynamics of financial markets and international relations. The analysis is rooted in economic theory and political context, providing a comprehensive understanding of the trends that shaped modern finance.