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Economic Discrimination and Political Exchange : World Political Economy in the 1930s and 1980s - Kenneth A. Oye

Economic Discrimination and Political Exchange

World Political Economy in the 1930s and 1980s

Paperback Published: 1st August 1993
ISBN: 9780691000831
Number Of Pages: 248

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Did bilateral and regional bargaining choke off international commerce and finance in the 1930s and prolong the Great Depression? Is the open world economic system now being placed at risk by explicitly discriminatory practices that erode respect for the GATT, the IMF, and the IBRD? Most political economists would answer in the affirmative, warning that bilateral and regional preferences are at best inefficient and at worst catastrophic. By contrast, Kenneth Oye shows how economic discrimination can foster international economic openness by facilitating political exchange.

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"Oye's new book offers a concise analysis of the structure of international commercial relations, including its financial and macroeconomic underpinnings, in the 1930s and 1980s."--The Annals of the American Academy of Political & Social Science

List of Figures and Tablesp. vii
Prefacep. ix
The Economic State of Nature Revisited: Unrestricted Bargaining and Economic Orderp. 3
Toward a Theory of Unrestricted Bargaining
The Management of Spillover Effects: Public, Private, and Divertable Externalitiesp. 17
The Logic of Contingent Action: Exchange, Extortion, and Explanationp. 35
The Concept of Preference: Bias and Instability in the Valuation of Outcomesp. 51
Depression and Discrimination
The Politics of Trade Diversion: Commercial Relations in the 1930sp. 71
The Politics of Default and Depreciation: Financial and Monetary Relations in the 1930sp. 105
Prosperity and Hypocrisy
The Politics of Bilateral and Regional Openness: Commercial Relations in the 1980sp. 137
The Politics of Debt and Deficits: Financial and Macroeconomic Relations in the 1980sp. 171
The Perils of Imprecise Analogy: Comparisons Between the 1930s and the 1980sp. 203
Bibliographyp. 215
Indexp. 227
Table of Contents provided by Syndetics. All Rights Reserved.

ISBN: 9780691000831
ISBN-10: 0691000832
Series: Princeton Studies in International History and Politics
Audience: Tertiary; University or College
Format: Paperback
Language: English
Number Of Pages: 248
Published: 1st August 1993
Country of Publication: US
Dimensions (cm): 22.86 x 15.24  x 1.42
Weight (kg): 0.37