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Tracing the forty-year history of negotiations to construct exchange rate regimes in the European Union, Money and Power in Europe emphasizes the role of a state's bargaining power for the formation of rules. In contrast to the prevailing literature's emphasis on domestic factors like sectoral and partisan interests, policy ideas and domestic institutional structures, Matthias Kaelberer highlights the structural conflict of interest between weak and strong currency countries over the rules of monetary cooperation. Strong currency countries, in particular Germany, because they do not face a reserve constraint, are in a position to shape the rules of monetary regimes decidedly in their favor, including the refusal to compromise on rules of domestic macroeconomic adjustment.
Despite one hundred years of theorizing, scholars and practitioners alike are constantly surprised by international and global political events. The collapse of communism in Europe, the 1997 Asian financial crisis, and 9/11 have demonstrated the inadequacy of current models that depict world politics as a simple, mechanical system. Complexity in World Politics shows how conventional theories oversimplify reality and illustrates how concepts drawn from complexity science can be adapted to increase our understanding of world politics and improve policy. In language free of jargon, the book's distinguished contributors explain and illustrate a complexity paradigm of world politics and define its central concepts. They show how these concepts can improve conventional models as well as generate new ideas, hypotheses, and empirical approaches, and conclude by outlining an agenda of theoretical development and empirical research to create and test complex systems theories of issue-areas of world politics.
In a call to planetary thinking, planetary building, and planetary dwelling, Norman K. Swazo discusses Heidegger's thought as it relates to issues of global politics, specifically, the domain of world order studies. In the first division of the book, Swazo provides a theoretical critique of world order studies understood in the two modes of normative and technocratic futurism. The book's second division includes a preliminary attempt to clarify what Heidegger's call for "essential thinking" entails for political thinking. This signifies a new beginning for political discourse, heralded in the possibility of "essential political thinking" that Swazo calls "autarchology."
Has globalization fundamentally altered international relations, producing a race to the bottom in which states compete for economic growth and development by adopting similar liberal economic strategies? Mediating Globalization challenges this increasingly dominant perspective, demonstrating that national governments often respond to global competitive pressures with more, not less, economic intervention. Using interviews, archival research, and secondary sources, Andrew P. Cortell explores the strategies adopted by the United States and Britain with regard to one of the world's most globalized sectors, the semiconductor industry. From the early 1970s through the mid-1990s, he argues, increasing globalization pressures in each country led them to more actively intervene in the evolution of their semiconductor markets, rather than assume a more marginal role. The empirical evidence, moreover, indicates that the two countries adopted similar responses, whether liberal or interventionist, as a consequence of similar domestic institutional incentives rather than constraints identified to emerge from globalization.
This collection brings together an unusually distinguished and diverse group of theorists of global politics, political geography, and international political economy who reflect on the concept of political space. Already familiar to political geographers, the concept of political space has lately received increased attention, arising out of the need for new ways of thinking about and describing the actors, structures, and processes that shape politics and patterns of governance in today's complex, post-Cold War world. The essays explore the frontiers of the field of global politics, and each deals imaginatively with some aspect of political space. Although the participants may be loosely classified as realists, neo-realists, constructivists, and postinternationalists, the essays are not fitted to the usual theoretical pigeonholes. What they do share is a continued faith in empirical research, and a collective sense of discovery.
Political Identity and Social Change builds upon the constructivist theory of political identity to explore the social changes that accompanied the end of apartheid in South Africa. To gain a better understanding of how structures of identity changed along with the rest of South Africa's institutions, Frueh analyzes three social and political conflicts: the Soweto uprisings of 1976, the reformist constitutional debates of 1983–1984, and post-apartheid crime. Analyzing these conflicts demonstrates how identity labels function as structures of social discourse, how social activity is organized through these structures, and how both the labels and their power have changed during the course of South Africa's transition. In this way, the book contributes not only to the study of South African society, but also provides lessons about the relationship between identity and social change.
The Middle East conflict, be it between the state of Israel and Arab states or between Jews and Palestinians, is a staple of international news. Utilizing both theoretical approaches and empirical evidence, Hemda Ben-Yehuda and Shmuel Sandler argue that despite the recent upswing in violence, particularly over the Palestinian issue, conflict has gradually been giving way, since the 1970s, to a more orderly regime of conflict management. By integrating ethnonational theoretical literature into their analysis, the authors move beyond the current International Relations debate over the relative merits of realist/neo-realist approaches versus neo-liberal-institutional approaches. Ethnic-state disputes are the primary source for failing to terminate the Arab-Israeli conflict.
This book provides a thorough overview of how money is used as a tool to achieve international political aims.
At any given time, a limited number of national currencies are used as instruments of international commerce, to settle foreign trade transactions or store value for investors and central banks. How countries whose currencies gain international appeal choose to use this status forms their strategy of currency statecraft. In different circumstances, issuing governments may welcome and promote the internationalization of their currency, tolerate it, or actively oppose it. Benjamin J. Cohen offers a provocative explanation of the strategic policy choices at play. In a comprehensive review that ranges from World War II to the present, Cohen convincingly argues that one goal stands out as the pri...
Praised for its authoritative coverage, Global Political Economy places the study of international political economy (IPE) in its broadest theoretical contextnow updated to cover the continuing global economic crisis and regional relationships and impacts. This text not only helps students understand the fundamentals of how the global economy works but also encourages them to use theory to more fully grasp the connections between key issue areas like trade and development. Written by a leading IPE scholar, this text equally emphasizes theory and practice to provide a framework for analyzing current events and long-term developments in the global economy. New to the Seventh Edition Focuses on...