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In this ambitious exploration of how foreign trade policy is made in democratic regimes, Daniel Verdier casts doubt on theories that neglect voters. Bringing the voters back in, Verdier shows that special interests, party ideologues, and state officials and diplomats act as agents of the voters. Constructing a general theory in which existing theories (rent seeking, median voting, state autonomy) function as partial explanations, he shows that trade institutions are not fixed entities but products of political competition. Verdier then offers a thorough analysis of how foreign trade policy was made in France, Britain, and the United States during the period from 1860 through 1990. He disclos...
Moving Money is an original analysis of the influence of politics on financial systems.
This book poses a systematic challenge to Gerschenkron's 1950s thesis on universal banks. With contributions from leading scholars including Ranald Michie and Jaime Reis, it provides solid and intriguing arguments throughout.
Why was Britain the first country to opt for unilateral free trade 150 years ago? On 16 May 1846, the House of Commons voted to abolish tariff protection for agriculture - the famous 'repeal of the Corn Laws'. Britain then adhered to her free trade policy despite both her relative economic decline and the protectionist policies of her leading trade rivals, the USA and Germany.This four volume set examines and explains the contentious issues surrounding the policy shift to free trade and the subsequent persistence of that policy. This set provides a comprehensive collection of articles including previously unpublished material on nineteenth century British trade policy and a new and comprehensive introduction by the editor putting the material into context.
The creation of the European Union arguably ranks among the most extraordinary achievements in modern world politics. Observers disagree, however, about the reasons why European governments have chosen to co- ordinate core economic policies and surrender sovereign perogatives. This text analyzes the history of the region's movement toward economic and political union. Do these unifying steps demonstrate the pre-eminence of national security concerns, the power of federalist ideals, the skill of political entrepreneurs like Jean Monnet and Jacques Delors, or the triumph of technocratic planning? Moravcsik rejects such views. Economic interdependence has been, he maintains, the primary force compelling these democracies to move in this surprising direction. Politicians rationally pursued national economic advantage through the exploitation of asymmetrical interdependence and the manipulation of institutional commitments.
Blending political, historical, and sociological analysis, Bernard S. Silberman offers a provocative explanation for the bureaucratic development of the modern state. The study of modern state bureaucracy has its origins in Max Weber's analysis of the modes of social domination, which Silberman takes as his starting point. Whereas Weber contends that the administration of all modern nation-states would eventually converge in one form characterized by rationality and legal authority, Silberman argues that the process of bureaucratic rationalization took, in fact, two courses. One path is characterized by permeable organizational boundaries and the allocation of information by "professionals."...
When President George W. Bush launched an invasion of Iraq in March of 2003, he did so without the explicit approval of the Security Council. His father's administration, by contrast, carefully funneled statecraft through the United Nations and achieved Council authorization for the U.S.-led Gulf War in 1991. The history of American policy toward Iraq displays considerable variation in the extent to which policies were conducted through the UN and other international organizations. In Channels of Power, Alexander Thompson surveys U.S. policy toward Iraq, starting with the Gulf War, continuing through the interwar years of sanctions and coercive disarmament, and concluding with the 2003 invas...
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A new introduction to the game theoretic approach to international relations theory. Written for advanced undergraduate and graduate students, this textbook provides the support and background needed for students to gain a thorough understanding of the rationalist approach, from the basic foundations to more complex models.