0. Introduction Power and imbalances in the global monetary system The political economy of global monetary instability: Literature review A comparative capitalism perspective on international monetary power Scope and structure of the book 1. International monetary power: A comparative capitalism perspective Introduction The political economy of international monetary power International monetary power: concepts and definitions 2. The global imbalances and the instability of US monetary hegemony Introduction The domestic purpose of US monetary power US monetary power, finance-led growth and global imbalances Conclusion 3. Rising imbalances and monetary power in the Eurozone Introduction The domestic purpose of European monetary power Diverging growth regimes and monetary power in the Eurozone Conclusion 4. Reserve accumulation and the entrapment of Chinese monetary power Introduction The domestic purpose of Chinese monetary power Investment-led growth and the entrapment of Chinese monetary power Conclusion 5. International monetary power and global macroeconomic adjustment Introduction Macroeconomic adjustment and US monetary power after the crisis Macroeconomic adjustment and European monetary power after the cri-sis Macroeconomic adjustment and Chinese monetary power after the crisis Conclusion 6. Conclusion Power and imbalances in the global monetary system A comparative capitalism perspective: Overview of main arguments The future of the global monetary system