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The Long Shadow of Default
Rethinking the causes and consequences of Britain's default on its First World War debts to the United States of America The Long Shadow of Default focuses on an important but neglected example of sovereign default between two of the wealthiest and most powerful democracies in modern history. The United Kingdom accrued considerable financial debts to the United States during and immediately after the First World War. In 1934, the British government unilaterally suspended payment on these debts. This book examines why the United Kingdom was one of the last major powers to default on its war debts to the United States and how these outstanding obligations affected political and economic relati...
Monthly Labor Review
Publishes in-depth articles on labor subjects, current labor statistics, information about current labor contracts, and book reviews.
Taking Trade to the Streets
In the wake of civil protest in Seattle during the 1999 World Trade Organization meeting, many issues raised by globalization and increasingly free trade have been in the forefront of the news. But these issues are not necessarily new. Taking Trade to the Streets describes how so many individuals and nongovernmental organizations came over time to see trade agreements as threatening national systems of social and environmental regulations. Using the United States as a case study, Susan Ariel Aaronson examines the history of trade agreement critics, focusing particular attention on NAFTA (the North American Free Trade Agreement between Canada, Mexico, and the United States) and the Tokyo and ...
Global Markets and Government Regulation in Telecommunications
This book shows the surprising ways in which globalization has led to the spread of liberal reforms in the telecommunications sector around the world. This book argues that international organizations, rather than just markets, structure this diffusion of policy innovation by providing information, sharing policy standards, and developing regulatory networks. The book aims to disaggregate the concept of globalization using econometric analysis and controlled case comparisons, and shows how governments play a critical role in allowing the spread of exciting new technologies and access to the broader world.
Regime Interaction in International Law
Leading scholars advance the discussion of international law's fragmentation in new and provocative ways.
U.S. International Monetary Policy
This book proposes a new framework for explaining and anticipating foreign economic policy changes, at the same time providing a fascinating account of three American policy shifts that transformed the postwar international monetary system. Originally published in 1982. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Cooperation among Nations
In Cooperation among Nations, Joseph M. Grieco offers a provocative answer to a fundamental question in world politics: How does the anarchical nature of the international system inhibit the willingness of states to work together even when they share common interests? Grieco examines the capacity of two leading contemporary theories—modem political realism and the newest liberal institutionalism—to explain national responses to the non-tariff barrier codes negotiated during the Tokyo Round of international trade talks. According to his interpretation of realist theory, Grieco characterizes states as "defensive positionalists." As such, they often fail to cooperate because they fear that ...
Standing Guard
Foreign investors are drawn abroad by the lure of profits, but they also face significant risks. Standing Guard examines how investors coped with these risks and protected their capital abroad in the nineteenth and twentieth centuries. Toward the end of the twentieth century, less-developed countries, determined to control their own economic development, nationalized their most lucrative oil fields and mineral concessions and regulated all forms of foreign investment. While some firms were hard hit, many others adapted profitably to this new political environment. They rearranged their assets for self-protection and took full advantage of the tax breaks, low wages, and other incentives that ...
Technological Competition and Interdependence
Advanced industrial nations face many difficult political and economic problems due to the accelerating pace and evolving character of technological change. In this volume, economists and political scientists discuss analytic and policy issues relating to the current state of technological capability in the United States, Japan, and Western Germany from a historical perspective and as a basis for future technological development. They also examine the problems and the issues involved in competition and cooperation among high technology firms and in evolving a more harmonious trade regime. The essays presented here explore from an international perspective the theoretical underpinnings of pol...
