Book description
The first and definitive book of its kind, Joan Spero's The Politics of International Economic Relations has been fully updated to reflect the sweeping changes in the international arena. With the expertise of co-author Jeffrey Hart, the fifth edition strengthens the coverage of political and economic relations since the end of the Cold War, economic polarization in developing nations and the roots of economic decline in centrally planned economies. A new chapter on industrial policy and competitiveness debates further illustrates the changing dynamics of International Political Economy. Ideal as a supplement to the International Relations course or as the core text in International Political Economy, Spero and Hart's The Politics of International Economic Relations continues to give students the breadth and depth of scholarship needed to understand the politics of world economy.Table of contents
- Cover
- Half Title
- Full Title
- Copyright
- Dedication
- Contents
- Preface
- About the Authors
- Part One An Overview
-
Part Two The Western System
-
2 International Money Management
- The Original Bretton Woods Agreement
- Unilateral U.S. Management
- Multilateral Management under U.S. Leadership
- Breakdown of Bretton Woods
- Management Dilemmas in the Post-Bretton Woods Era
- Europe's Efforts to Build a Regional Monetary System
- U.S. Policy: Alternating between Unilateralism and Collective Management
- Monetary Management in the 1990s
- 3 International Trade and Domestic Politics
-
4 The Multinational Corporation and the Issue of Management
- Common Characteristics of MNCs
- Trends in FDI and Other MNC Activities
- Explaining the Rapid Growth in MNC Activity
- Internalization Theory
- Product Cycle Theory
- Obsolescing Bargain Theory
- Oligopoly Theory
- The Tariff-Jumping Hypothesis
- The Importance of the Home Country
- The Consequences of MNC Activity
- MNCs in Canada and Europe
- National Economic Control
- Interference by Home Governments of Multinationals
- Multinationals and the National Political Process
- International Regimes for Foreign Direct Investment
- National Management
- Regional Management
- International Management
-
2 International Money Management
-
Part Three The North-South System
- 5 The North-South System and the Possibility of Change
-
6 International Financial Flows
- Foreign Aid and the Postwar Order
- The Link between Aid and Foreign Policy
- Stagnation of Aid
- Financial Flows in the 1970s: Politicization and Privatization
- The Aid and Debt Crises of the 1980s
- The Impact of Aid
- The Onset of the Debt Crisis
- Debt Crisis Management
- Debt Fatigue
- From Debt Crisis to Emerging Markets
- The Impact of the Debt Crisis on Third World Strategy
- The Future of Aid and Financial Flows
- 7 Trade and Development Strategies
- 8 Multinational Corporations in the Third World
- 9 Oil, Commodity Cartels, and Power
-
Part Four The End of the Cold War and Its Consequences for the World Economy
-
10 East-West Economic Relations during and after the Cold War
- East-West Economic Relations in the Early Cold War Period
- The Creation of an Eastern Economic Bloc
- Forces of Change in the East
- East-West Economic Relations: From the 1960s to the End of the Cold War
- Gorbachev's Economic and Political Reforms
- The Failure of Perestroika
- Problems of Transition from Communism
- Yeltsin: Crisis and Reform
- Russian Foreign Economic Policies and the West's Response
- Economic Reform in Eastern Europe
- China
- East-West Economic Relations since the End of the Cold War
-
10 East-West Economic Relations during and after the Cold War
- Conclusion: Globalization and the New World Order
- Glossary
- Acronyms
- Selected Bibliography
- Index
Product information
- Title: The Politics of International Economic Relations, 5th Edition
- Author(s):
- Release date: June 2013
- Publisher(s): Routledge
- ISBN: 9781136218521
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