New Books in World Affairs

The functioning of the global economy remains as relevant a topic as ever before. Commentators continue to debate the causes and consequences of the financial crisis that hit the United States from 2007-2008. They also continue to ask questions such as: How long will China keep purchasing the treasury bonds that the U.S. government needs to help finance its ever-increasing debt? Just how long can the dollar remain the global reserve currency before being replaced by another national currency or some sort of international monetary unit? Will the global flows of capital facilitated by “free-floating” exchange rates eventually undermine the healthy functioning of international economy and usher in another global depression? In his new book The Summit: Bretton Woods, 1944 (Pegasus Books, 2014), journalist Ed Conway uses the story of the Bretton Woods Summit to help readers better understand the difficulties involved in creating a stable and prosperous global monetary system. In easy-to-follow and engaging prose, he recounts the rise and fall of the gold standard. Drawing on many previously unused sources, he also explains how actors as different as the British economist John Maynard Keynes and U.S. treasury official Harry Dexter White worked to create a more flexible, cooperative global monetary system that would prevent future World Wars and Great Depressions. Conway’s section on the Summit tells the fascinating stories of how the participants ended up creating the Bretton Woods framework by linking the dollar to gold and creating the International Monetary Fund and World Bank. Unlike many accounts of the Bretton Woods Summit that paint the gathering as a dull economic conference, Conway’s book succeeds in portraying the human drama of the event and the complex ways that personalities influenced the final agreements. In ways that will appeal to the general reader and expert alike, he embeds his cogent economic analysis within stories as diverse as the drinking songs that attendees belted out at the Mount Washington Hotel bar and the volleyball match that took place between U.S. and Soviet officials. A magician and dance instructor also make appearances in the story. Like any good book should, Conway gives readers much food for thought. While the Bretton Woods framework had many faults, it largely coincided with the longest economic expansion in human history. Even if this framework’s inherent limitations make it an impractical option today, policymakers would be wise to reflect on how their predecessors worked to promote global economic stability. As history shows, they could do worse than the motley collection of individuals who came to Bretton Woods in 1944. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs

Asaad al-Saleh is assistant professor of Arabic, comparative literature, and cultural studies in the Department of Languages and Literature and the Middle East Center at the University of Utah. His research focuses on issues related to autobiography and displacement in Arabic literature and political culture in the Arab world. His Book Voices of the Arab Spring: Personal Stories from the Arab Revolutions (Columbia University Press, 2015) is narrated by dozens of activists and everyday individuals, documenting the unprecedented events that led to the collapse of dictatorial regimes in Tunisia, Egypt, Libya, and Yemen. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs

According to a popular saying, “Nothing succeeds like success.” As concernswhat economists and political scientists call “development”–that is, progress towards libertyand prosperity–the saying seems to be true. As a general rule, the countries that were relatively free and relatively prosperous 100 years ago are the ones that are relatively free and relatively prosperous today.200 years ago? Yes, more or less. 300 years ago? Well, probably. 400 years ago? A good argument could be made… Why? According to one argument, the difference is caused by the rich praying on the poor. In a word, imperialism. But if you survey countries around the world, it’s not clear whether imperialism (and colonization) hurt or helped development. The Spanish thoroughly imperialized Mexico, and it’s pretty prosperous; no one really got into the interior of Africa and it’s not.  And what are we to make of developmental differences within, say, prosperous Europe? No real imperialism there; a lot of bloody war, but no imperialism as such. Germany is free and prosperous. Russia is not free and not prosperous. Why is that? In their impressive and refreshing bookThe Long Process of Development: Building Markets and States in Pre-industrial England, Spain and their Colonies (Cambridge University Press, 2014),Jerry F. Hough and Robin Grier argue that it’s not so much imperialism that impedes development, but style of governance and, especially, time. If autocratic governments do nothing buttake rents, thesocieties they rule will not develop, not ever, no matter how long or hard the governmentstry to development them. If they are even semi-popular and pro-trade, they will develop, though it will take a very, very long time. There’s no magic built. You can’t simply import democracy and capitalism and hope for a rapid transitionto freedom and prosperity.The process of development takes centuries. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs

Our guest today tells us that the seemingly straightforward field of logistics lies at the heart of contemporary globalization, imperialism, and economic inequality. Listen to Deb Cowen, the author of The Deadly Life of Logistics: Mapping Violence in Global Trade (University of Minnesota Press, 2014), discuss how the field of logistics reshaped global capitalism, undermined worker power, and even transformed how we think about life and death. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs

Pedro Machado‘s Ocean of Trade:South Asian Merchants, Africa and the Indian Ocean, c.1750-1850 (Cambridge University Press, 2014) is a richly detailed and engaging account of Gujarati merchants and their role in the trade of textiles, ivory and slaves across the Indian Ocean. The book not only enhances our understanding of an under researched pan-continental trade network but also, through its sensitive treatment of local markets as drivers of merchants’ patterns, pushes us to re-examine our understanding of trading networks themselves. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs

For almost 100 years, it seemed like a good, even wholesome and optimistic idea to take young, working-class and poor British children and resettle them, quite on their own and apart from their families, in Canada, Australia, and southern Rhodesia. The impulse behind this program was philanthropic: to bring disadvantaged children living in crowded cities a better future by settling them in pristine, wide-open spaces, introducing them to nature, and letting them feel the sun on their backs. Yet the program was shot through with eugenic ideas and the racism of the age. British children were emissaries of the “kith and kin” empire, sent to “whiten” its outposts. But they could also be subject to repatriation–sometimes years after having been sent away in the first place–if their “racial fitness” was called into question. Race, nation, and identity form one of many themes Ellen Boucher examines in her fascinating, and sometimes painful, book Empire’s Children: Child Emigration, Welfare, and the Decline of the British World, 1869-1967 (Cambridge University Press, 2014). Others include the rise and evolution of child psychology, changing ideas about the meaning of family, and the politics of empire. One kind of big picture in Empire’s Children is the shift from a unified British imperial identity to the rise of independent nationalisms throughout the empire. Another kind of big picture, though, comes from the stories told by those who grew up as child migrants and how they later came to perceive those experiences as they reflected back. When you study history you are perennially confronted with the fact that a thing that seemed wonderful not too long ago can later come to appear deplorable. Tracing the influences that produce shifts in moral conscience–whether psychological, social, economic, political, or emotional–is one of history’s chief tasks, and it is a task that Boucher accomplishes with great sensitivity and narrative elegance in Empire’s Children. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs

Torild Skard is the author of Women of Power: Half a Century of Female Presidents and Prime Ministers Worldwide (Policy Press, 2015). Skard is a senior researcher in women’s studies at the Norwegian Institute of International Affairs in Oslo and is a former member of parliament and the first woman president of the Norwegian Upper House, among many other appointments. Skard takes on an enormously ambitious project in her recent book. She seeks out to examine the achievements and life stories of nearly the universe of the world’s female political leaders from the 1960s up to the current era. Organized both chronologically and geographically, Skard includes over 70 leaders in 50 countries, and uncovers a variety of paths to power, regional patterns and variation, and fascinating individual stories. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs

In Conceiving the Indian Buddhist Patriarchs in China (University of Hawai’i Press, 2015), Stuart Young examines Chinese hagiographic representations of three Indian Buddhist patriarchs–Asvaghosa (Maming), Nagarjuna (Longshu), and Aryadeva (Sheng tipo)–from the early fifth to late tenth centuries, and explores the role that these representations played in the development of Chinese Buddhism’s self-awareness of its own position within Buddhist history and its growing confidence that Buddhism could flourish in China despite the distance between the middle kingdom and the land of the Buddha. On the one hand, this project traces these three legendary figures as they are portrayed first as exemplars of how to revive the Dharma in a world without a Buddha, then as representatives of a lineage stretching back to Shakyamuni, and finally as scholar types who transmitted the Dharma to China via their exegetical and doctrinal works. More broadly, however, Young uses this transformation as an index of changing views of medieval China’s relationship to Shakyamuni’s India, and of Chinese Buddhists’ confidence in their own ability to realize the Buddhist soteriological path and firmly establish the Indian tradition on Chinese soil. One theme running throughout the book is the way in which these three patriarchs bridged the Sino-Indian divide.This was particularly important for those Chinese Buddhists who were unsettled by the geographical and historical distance that separated them from the India of Shakyamuni’s times. The Chinese found Asvaghosa, Nagarjuna, and Aryadeva particularly attractive because while their Indian origins lent them authority, they were, like the Chinese who peered down the well of history at them, living in a time without a Buddha and thus faced a dilemma not so dissimilar from the predicament in which medieval Chinese found themselves. Unlike the arhats, who experienced Shakyamuni’s ministry first-hand, and unlike the celestial bodhisattvas, who were not bound by history, these three Indian patriarchs occupied a temporal position between Shakyamuni’s India and medieval China. In addition, as Young shows, the Chinese attributed qualities to and highlighted aspects of these Indian patriarchs that were in accord with the values of Chinese literati, Buddhist and otherwise. In so doing, the Chinese rendered the Indian patriarchs familiar and made them into models that Chinese literati could realistically and willingly emulate.This point is related to another theme linking the chapters together: the Chinese Buddhist appropriation of Indian Buddhist and Chinese religious elements so as to claim them as their own. Young notes, however, that even as the patriarchs developed into models to be emulated, they were also transformed into objects of veneration. Besides being scholarly-types who sat around writing doctrinal treatises, Nagarjuna came to be associated with Pure Land thought and practice (and even had his own pure land, according to some,) and was worshipped for his apotropaic powers and ability to provide this-worldly benefits, while Asvaghosa became a silkworm deity and served as the protagonist in myths that provided a Buddhist justification for the killing of silkworms, to give but a few examples. And in a final chapter, Young shows how Buddhists co-opted Chinese conceptions of sanctity and sainthood so as to show that these qualities that were in reality of Chinese provenance were in fact Indian and Buddhist through-and-though. Readers will thus learn not only the details of Asvaghosa, Nagarjuna, and Aryadeva’s Chinese careers over a five-and-a-half-century period, Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs

Andrew Cayton is a distinguished professor of history at Miami University in Oxford, Ohio. In his book Love in the Time of Revolution: Transatlantic Literary Radicalism and Historical Change (University of North Carolina Press, 2013) he has given us a lucid and beautifully written history of the transatlantic relationships among the circle of radical writers that included William Godwin, Mary Wollstonecraft, and Gilbert Imlay. Caught in the fervor revolutionary change, these free thinkers believing in the goodness of humanity and reason rejected the need for authority, hierarchies, and tradition in preserving social cohesion and wellbeing. Rather, mutuality and open exchange were offered as a better foundation for society. At the intersection of public lives and private desire, they sought to extend their radical vision beyond politics and into their intimate lives through new a model of egalitarian and free relationships between men and women. Deconstructing marriage their writings reflected the protested against the constraints of conventional society. Cayton demonstrates how these radicals embodied a modern interpersonal ethic arising with the liberal free trade in goods and ideas in which the personal was political. How the sexes were to relate to each other changed forever. Differing gendered understanding of “social commerce,” between men and women, brought uneven consequences. Relationships founded on freedom, openness and devoid of binding ties beyond reasoned desire could also produce the fruits of a masculinist frame of mind – the tragedy of neglect, abuse, and abandonment experienced by women. Cayton’s portrait of Godwin, Wollstonecraft and Imlay changes how we read them and how we understand our modern selves. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs

Mariana Candido‘s book An African Slaving Port and the Atlantic World. Benguela and its Hinterland (Cambridge University Press, 2013) is a powerful and moving exploration of the history and development of the port of Benguela. Founded by the Portuguese in the early seventeenth century, Benguela, located on the central coast of present-day Angola, was the third largest port of slave embarkation on the coast of Africa. In discussing the impact of the trans-Atlantic slave trade on African societies, Candido looks at the formation of new elites, the collapse of old states, and the emergence of new ones. Her book offers a new perspective on the importance of the South Atlantic as a space for the circulation of people, ideas, and crops. But what makes this book truly distinctive is how Candido digs beneath the surface of her evidence to give readers a sense of the lived experiences and feelings of all involved in the trade: the unfortunate victims and those who benefited from the violent capture and selling of human beings. As historian John Thornton observes, Candido’s book “will be a starting point for studies of the region for years to come.” Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs