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Crafting Consensus offers a new theory of committee decision making and provides a rich understanding of modern-day central banking by studying central banks' communication with the public. Using extensive empirical analysis, Nicole Baerg explains how central bank transparency depends on the configuration of central bank committee members' preferences and the institutional rules governing how committee members set policy. The book shows that monetary policy committees comprised of bankers with opposing inflation preferences communicate more precisely and that precise communication then has positive economic effects.
China has shifted its foreign policy from one that avoided engagement in international organizations to one that is now embracing them. These moves present a new challenge to international relations theory. How will the global community be affected by the engagement of this massive global power with international institutions? This new study explores why China has chosen to abandon its previous doctrine of institutional isolation and details how it is currently unable to balance American power unilaterally and details an indirect path to greater power. In addition, it includes the first major analysis of the Shanghai Cooperation Organization, comprising China, Russia and most of Central Asia...
A broad yet distinctive analysis of the growing political, economic, and social gap existing between the world’s northern and southern hemispheres. Featuring papers selected by the ISA President from the 2006 annual meeting, this upper-level volume examines the genesis of the North-South divide, the ongoing policy problems between developed and lesser developed states, and how these issues influence current and future world politics. An upper-level text ideal for academic libraries, think tanks, and libraries of policy institutions Organized into three distinct focus clusters: Problems afflicting the global South -- trade, development, financial crises, structural adjustment, democratization, human rights, disease; Specific conflicts between North and South -- energy, terrorism, weak states, nuclear weapon proliferation; Solutions to reduce the North-South gap -- foreign aid programs, global media, democratization, political power in the United Nations, the emerging powers phenomenon, transnational social movements, and Northern foreign policy adjustments Tackles the tough questions likely to dominate international relations discourse for decades to come
Since the early 1990s the world has seen an explosion of preferential trade agreements (PTAs) between North and South. Mark Manger argues that current North-South PTAs are not primarily about liberalizing exports as is usually assumed. Rather, they are driven by the needs of foreign direct investment. The interests of multinational firms in investing in developing countries converge with the desires of the host countries to attract foreign capital. Yet to be politically feasible in the developed country, North-South PTAs must discriminate against third countries. PTAs thus create a competitive dynamic between countries, as excluded firms lobby their governments to restore access to important investment locations, leading to yet more preferential agreements. Based on extensive research in Europe, Japan, and the Americas and interviews with decision-makers in governments and the private sector, this book offers a new perspective on the roles of the state and corporations in international trade.
This updated and expanded new edition of Chinese Foreign Policy examines the patterns of engagement with various domestic and international actors that have shaped Beijing’s foreign policy since the Cold War. It explores a series of ongoing questions and trends, as well as offering an in-depth look at the key areas of China’s modern global relations. Bringing together the many different facets of China’s foreign interests, the volume presents a comprehensive overview of the country’s international affairs, covering such key issues as: -the rise of globalisation, international financial uncertainty, and China’s economic power -the country’s bilateral and multilateral approaches to...
In 2006, millions of Latinos mobilized in opposition to H.R. 4437, an immigration proposal pending before the US Congress. In her new book, Heather Silber Mohamed suggests that these unprecedented protests marked a turning point for the Latino population—a point that is even more salient ten years later as the issue of immigration roils the politics of the 2016 presidential election. In The New Americans? Silber Mohamed explores the complexities of the Latino community, particularly as it is united and divided by the increasingly pressing questions of immigration. The largest minority group in the United States, Latinos are also one of the most diverse. The New Americans? focuses on the th...
Taking an interdisciplinary approach, An Introduction to Global Studies presents readers with a solid introduction to the complex, interconnected forces and issues confronting today's globalized world. Introduces readers to major theories, key terms, concepts, and notable theorists Equips readers with the basic knowledge and conceptual tools necessary for thinking critically about the complex issues facing the global community Includes a variety of supplemental features to facilitate learning and enhance readers' understanding of the material
This book examines traditional balance of power theory from a political-economic perspective, using historical examples, to draw out distinctions between the liberal and realist approach and how this affects grand strategy. The realist view of the balance of power theory includes implicit assumptions that economic assets can be turned quickly into power, and that states always respond to threats quickly and only with a view to the 'short-run'. These assumptions drive many of the expectations generated from traditional balance-of-power theory, discouraging realists from looking at domestic sources of power, which in turn undermined their ability to frame strategic decisions properly. By think...
"Federalism, defined generally as a collection of self-governing regions under a central government, is widely viewed as a sensible choice of polity both for emerging democracies and for established states. But while federal institutions are positively correlated with valued economic, democratic, and justice outcomes, ultimately it is unclear how they are connected and which cause which. In Democratic Federalism, Robert Inman and Daniel Rubinfeld explore how federalism works and propose concrete and proven policy guidance on how federalist policies can be designed and implemented successfully. The authors define federalism according to three parameters: how much federal revenue comes through...