Invested interests: the politics of national economic policies in a world of global finance

  title={Invested interests: the politics of national economic policies in a world of global finance},
  author={Jeffry A. Frieden},
  journal={International Organization},
  • J. Frieden
  • Published 1 September 1991
  • Economics
  • International Organization
Capital moves more rapidly across national borders now than it has in at least fifty years and perhaps in history. This article examines the effects of capital mobility on different groups in national societies and on the politics of economic policymaking. It begins by emphasizing that while financial markets are highly integrated within the developed world, many investments are still quite specific with respect to firm, sector, or location. It then argues that contemporary levels of… 
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