ABSTRACT
The phenomenon popularly referred to as globalization has been interpreted in many ways. Classifying these interpretations in a way that attempts to bring some categorization to a large and disparate literature so that analytical clarity can be brought to bear on aspects of globalization is no easy task. My task is made easier, however, as I know what I want to use my classifi cation for: to shed light on the relationship between globalization and national currencies. As I argued in Chapter 1, for the purposes of analyzing the impacts of globalization on national currencies, the most useful classifi cation is one that distinguishes between theories of globalization based on the ways in which they view the relationship between states and markets, the two agencies infl uencing what Cohen (1998) referred to as the “authoritative domain” of money. This purpose also provides the rationale for paying primary attention to the economic and political dimensions of globalization in constructing a taxonomy.1
