Economic discrimination and political exchange : world political economy in the 1930s and 1980s / Kenneth A. Oye.

Format:

Book

Author/Creator:

Oye, Kenneth A., 1949- author.

Series:

Princeton studies in international history and politics.

Princeton studies in international history and politics

Language:

English

Subjects (All):

Tariff preferences.

Commercial policy.

Depression--1929.

Depression.

Physical Description:

1 online resource (250 pages) : illustrations.

Place of Publication:

Princeton, New Jersey ; London, England : Princeton University Press, [1992]

Summary:

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.

Contents:

Frontmatter

CONTENTS

LIST OF FIGURES AND TABLES

PREFACE

PART I Introduction

CHAPTER ONE The Economic State of Nature Revisited: Unrestricted Bargaining and Economic Order

PART II Toward a Theory of Unrestricted Bargaining

CHAPTER TWO The Management of Spillover Effects: Public, Private, and Divertable Externalities

CHAPTER THREE The Logic of Contingent Action: Exchange, Extortion, and Explanation

CHAPTER FOUR The Concept of Preference: Bias and Instability in the Valuation of Outcomes

PART III: Depression and Discrimination

CHAPTER FIVE The Politics of Trade Diversion: Commercial Relations in the 1930s

CHAPTER SIX The Politics of Default and Depreciation: Financial and Monetary Relations in the 1930s

PART IV: Prosperity and Hypocrisy

CHAPTER SEVEN The Politics of Bilateral and Regional Openness: Commercial Relations in the 1980s

CHAPTER EIGHT The Politics of Debt and Deficits: Financial and Macroeconomic Relations in the 1980s

PART V: Conclusion

CHAPTER NINE The Perils of Imprecise Analogy: Comparisons Between the 1930s and the 1980s

Bibliography

Index

Notes:

Description based on print version record.

Includes bibliographical references and index.

ISBN:

9780691078496

0691078491

9780691227801

0691227802

OCLC:

1273307708