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| Preface | |
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| Acronyms and Abbreviations | |
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| Introduction and Overview | |
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| Introduction | |
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| What is International Political Economy? | |
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| The IPE Theoretical Perspectives | |
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| Purposes and Themes of this Book | |
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| Focus of this Book | |
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| Questions | |
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| Further Reading | |
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| Notes | |
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| Managing the Global Economy Since World War II: The Institutional Framework | |
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| Global Economic Relations Before World War II | |
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| The Functions of the IMF, World Bank, and GATT | |
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| International Economic Organizations and the United Nations | |
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| Postwar Economic Institutions and the North | |
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| Postwar Economic Institutions and the South | |
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| Postwar Economic Institutions and the Centrally Planned Economies | |
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| Nonstate Actors | |
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| Conclusion | |
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| Questions | |
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| Further Reading | |
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| Notes | |
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| Theoretical Perspectives | |
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| The Realist Perspective | |
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| Basic Tenets of the Realist Perspective | |
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| The Mercantilists | |
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| Realism and the Industrial Revolution | |
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| Realism in the Interwar Period | |
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| Realism after World War II | |
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| The Revival of Realist IPE | |
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| Hegemonic Stability Theory and Debates over U.S. Hegemony | |
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| Realism and North-South Relations | |
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| Critique of the Realist Perspective | |
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| Questions | |
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| Further Reading | |
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| Notes | |
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| The Liberal Perspective | |
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| Basic Tenets of the Liberal Perspective | |
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| Orthodox Liberalism | |
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| The Influence of John Maynard Keynes | |
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| Liberalism in the Postwar Period | |
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| A Return to Orthodox Liberalism | |
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| Liberalism and Institutions | |
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| Liberalism, Global Governance, and Regimes | |
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| Liberalism and Domestic-International Interactions | |
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| Liberalism and North-South Relations | |
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| Critique of the Liberal Perspective | |
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| Questions | |
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| Further Reading | |
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| Notes | |
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| Critical Perspectives | |
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| Basic Tenets of Historical Materialism | |
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| Early Forms of Historical Materialism | |
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| Whither the Historical Materialist Perspective? | |
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| Constructivism | |
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| Feminism | |
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| Environmentalism | |
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| Critique of the Critical Perspective | |
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| Questions | |
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| Further Reading | |
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| Notes | |
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| The Issue Areas | |
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| International Monetary Relations | |
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| The Balance of Payments | |
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| Government Response to a Balance-of-Payments Deficit | |
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| The Functions and Valuation of Money | |
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| International Monetary Relations Before Bretton Woods | |
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| The Formation of the Bretton Woods Monetary Regime | |
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| The International Monetary Fund | |
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| The Functioning of the Bretton Woods Monetary Regime | |
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| The Regime of Floating (or Flexible) Exchange Rates | |
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| Alternatives to the Current Monetary Regime | |
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| European Monetary Relations | |
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| What is the Likely Future of the U.S. Dollar as the Key Currency? | |
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| Sovereign Wealth Funds | |
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| Considering IPE Theory and Practice | |
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| Questions | |
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| Further Reading | |
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| Notes | |
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| Global Trade Relations | |
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| Trade Theory | |
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| Global Trade Relations Before World War II | |
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| GATT and the Postwar Global Trade Regime | |
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| Principles of the Global Trade Regime | |
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| Formation of the WTO | |
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| The WTO and the Global Trade Regime | |
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| The South and Global Trade Issues | |
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| The Transition Economies and Global Trade Relations | |
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| Civil Society and Global Trade Relations | |
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| Trade and the Environment | |
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| Considering IPE Theory and Practice | |
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| Questions | |
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| Further Reading | |
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| Notes | |
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| Regionalism and the Global Trade Regime | |
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| Regionalism and the IPE Theoretical Perspectives | |
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| Regionalism and Globalization | |
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| A Historical Overview of RTAs | |
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| Explanations for the Rise of Regional Integration | |
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| The GATT/WTO and RTAs | |
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| The European Union | |
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| The North American Free Trade Agreement | |
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| Mercosur | |
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| East Asian Regionalism | |
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| Considering IPE Theory and Practice | |
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| Questions | |
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| Further Reading | |
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| Notes | |
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| Multinational Corporations and Global Production | |
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| Definitions and Terminology | |
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| Why do Firms Become MNCs? | |
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| The Historical Development of FDI | |
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| MNC-Host Country Relations: Determinants and Effects of FDI | |
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| Host Country Policies Toward MNCs | |
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| MNC-Home Country Relations | |
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| A Regime for FDI: What is to be Regulated? | |
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| Bilateral Investment Treaties | |
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| United Nations | |
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| Regional Approaches: The EU and NAFTA | |
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| The GATT/WTO to the OECD and Back to the WTO | |
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| Private Actors | |
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| Considering IPE Theory and Practice | |
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| Questions | |
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| Further Reading | |
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| Notes | |
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| International Development | |
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| IPE Perspectives and North-South Relations | |
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| Official Development Assistance | |
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| The World Bank Group | |
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| LDC Development Strategies | |
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| Import Substitution Industrialization | |
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| Socialist Development Strategies | |
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| Export-Led Growth | |
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| The Revival of Orthodox Liberalism | |
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| Another Shift in Development Strategy? | |
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| Considering IPE Theory and Practice | |
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| Questions | |
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| Further Reading | |
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| Notes | |
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| Foreign Debt and Financial Crises | |
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| What is a Debt Crisis? | |
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| The Origins of the 1980s Debt Crisis | |
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| The Foreign Debt Regime | |
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| Strategies to Deal with the 1980s Debt Crisis | |
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| Transition Economies and Foreign Debt | |
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| The IMF, World Bank, and the Debt Crisis | |
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| The 1990s Financial Crisis | |
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| The Global Financial Crisis-2008 to? | |
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| Considering IPE Theory and Practice | |
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| Questions | |
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| Further Reading | |
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| Notes | |
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| Concluding Comments | |
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| Current Trends in the Global Political Economy | |
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| Globalization | |
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| North-North Relations | |
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| North-South Relations | |
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| A Final Word on IPE Theory and Practice | |
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| Notes | |
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| Glossary | |
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| Index | |