Economic Discrimination and Political Exchange

World Political Economy in the 1930s and 1980s

By:

Kenneth A. Oye

Format:

Paperback / softback

Series:

Princeton Studies in International History and Politics

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Description

Did bilateral and regional bargaining choke off international commerce and finance in the 1930s and prolong the Great Depression? And 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??;pMost 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. Preferential policies, of course, benefit the parties to agreements at the expense of third parties. Oye demonstrates that the expected benefits of inclusion and the expected costs of exclusion play a pivotal role in broadening antiprotectionist domestic coalitions and in drawing third nations into liberalizing international negotiations. In his view, explicit economic discrimination in the 1930s slowed and ultimately reversed the movement toward economic closure and discriminatory arrangement under Super 301, Canadian-American free trade and the European Community Single Integrated Market reduced barriers to

Author Biography:

Kenneth A. Oye is Associate Professor of Political Science and Director of the Center for International Studies at the Massachusetts Institute of Technology. He is the editor of Cooperation under Anarchy (Princeton) and coeditor of Eagle in a New World: American Grand Strategy in the Post-Cold War Era (HarperCollins).

Release date NZ

August 1st, 1993

Author

Kenneth A. Oye

Audiences

Professional & Vocational
Tertiary Education (US: College)

Pages

252

Series

Princeton Studies in International History and Politics

Dimensions

152x229x14

ISBN-13

9780691000831

Product ID

2405956

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