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Global Financial Warriors: The Untold Story of International Finance in the Post-9/11 World.(Book review)

Publication: International Journal on World Peace

Publication Date: 01-JUN-07

Author: Looney, Robert
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COPYRIGHT 2007 Professors World Peace Academy

GLOBAL FINANCIAL WARRIORS: THE UNTOLD STORY OF INTERNATIONAL FINANCE IN THE POST-9/11 WORLD

John B. Taylor, New York: W.W. Norton, 2007

324 pages, hardcover, $26.95

As the title suggests, Global Financial Warriors provides an insider's account of the United States response to a myriad of financial challenges following the 9/11 attacks. The author, John Taylor, under secretary of Treasury for International Affairs (2001-2005), was largely responsible for the creation of teams of "financial warriors"--an international coalition of mostly anonymous experts from state agencies, international financial institutions and private businesses.

Global Financial Warriors can be read and digested on several levels. On one level it is simply a series of stories of these teams carrying out such tasks as staving off financial crises, rebuilding collapsing economies or cutting short the flow of money to terrorist and criminal organizations. Here there are fascinating accounts of dramatic events and complex personalities in dangerous or exotic places like Iraq, Afghanistan, Argentina, or Turkey.

On another level one finds, contrary to the popular perception of a crony-dominated, ideologically-driven administration, a U.S. government and bureaucracy approaching complex problems with top notch teams of objective, dedicated highly competent technocrats. How these teams responded to crisis and developed operational procedures to combat them is a story in and...

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