INTERNATIONAL POLITICAL ECONOMY

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1 INTERNATIONAL POLITICAL ECONOMY Critical Concepts in Political Science Edited by Benjamin J. Cohen Volume I Theoretical Perspectives O Routledge j j j ^ Taylor & Francis Croup LONDON AND NEW YORK

2 VOLUME I: THEORETICAL PERSPECTIVES Acknowledgements Chronological table of reprinted articles and chapters xiii xv Introduction 1 PART 1 Modern Origins 7 1 International Economics and International Relations: a case of mutual neglect 9 SUSAN STRANGE 2 Transnational Relations and World Politics: an introduction 21 JOSEPH S. NYE, JR., AND ROBERT O. KEOHANE 3 Three Models of the Future 42 ROBERT GILPIN PART 2 > Early Classics 69 4 International Relations and Domestic Structures: foreign economic policies of advanced industrial states 71 PETER J. KATZENSTEIN 5 The Second Image Reversed: the international sources of domestic politics 117 PETER GOUREVITCH

3 6 State Power and the Structure of International Trade 152 STEPHEN D. KRASNER 7 International Regimes, Transactions, and Change: embedded liberalism in the postwar economic order 180 JOHN GERARD RUGGIE 8 Social Forces, States and World Orders: beyond international relations theory 219 ROBERT W. COX PART 3 The Transatlantic Divide The Transatlantic Divide: why are American and British IPE so different? Open Economy Politics: a critical review 282 DAVID A. LAKE 11 The Old IPE and the New 313 ROBERT O. KEOHANE 12 Lineages of a British International Political Economy 326 BEN CLIFT AND BEN ROSAMOND 13 The 'British School' in the Global Context 353 ROBERT COX PART 4 Other Traditions The Structure of Dependence 371 THEOTONIO DOS SANTOS 15 The Modern World-System as a Capitalist World-Economy: production, surplus value, and polarization 381 IMMANUEL WALLERSTEIN 16 States and Markets, States versus Markets: the developmental state debate as the distinctive East Asian contribution to international political economy 400 WALDEN BELLO VI

4 VOLUME II: SYSTEM GOVERNANCE AND TRANSFORMATION Acknowledgements vii Introduction 1 PART 5 Hegemony The Theory of Hegemonic Stability and Changes in International Economic Regimes, ROBERT O. KEOHANE 18 Leadership, Hegemony, and the International Economy: naked emperor or tattered monarch with potential? 37 DAVID A. LAKE 19 Gramsci, Hegemony and International Relations: an essay in method 77 ROBERT W. COX PART 6 International Economic Governance Theories of International Regimes 97 STEPHAN HAGGARD AND BETH A. SIMMONS 21 The Promise of Institutjonalist Theory 124 ROBERT O. KEOHANE AND LISA L. MARTIN 22 The Causes and Consequences of Legalization 136 MILES KAHLER 23 The Rational Design of International Institutions 162 BARBARA KOREMENOS, CHARLES LIPSON, AND DUNCAN SNIDAL 24 The Politics, Power, and Pathologies of International Organizations 208 MICHAEL N. BARNETT AND MARTHA FINNEMORE Vll

5 PART 7 Alternative Perspectives on Governance The Westfailure System 249 SUSAN STRANGE 26 Global Governance: poorly done and poorly understood 261 CRAIG N. MURPHY 27 State, Market, and Global Political Economy: genealogy of an (inter-?)discipline 277 GEOFFREY R. D. UNDERHILL 28 Reinventing Authority: embedded knowledge networks and the new global finance 299 TIMOTHY J. SINCLAIR PART 8 Globalization Globalization: what's new? What's not? (And so what?) 323 ROBERT O. KEOHANE AND JOSEPH S. NYE JR. 30 Introduction: The International Diffusion of Liberalism 336 BETH A. SIMMONS, FRANK DOBBIN AND GEOFFREY GARRETT 31 The Meaning and Contemporary Significance of Economic Nationalism 369 ERIC HELLEINER 32 Babylon and On? Globalization and international political economy 386 BEN ROSAMOND 33 Globalization in World-Systems Perspective 397 GIOVANNI ARRIGHI > VOLUME III: TRADE AND FINANCE Acknowledgements vii Introduction 1 VU1

6 PART 9 Trade: Domestic Politics 7 34 Class Versus Industry Cleavages: inter-industry factor mobility and the politics of trade 9 MICHAEL J. HISCOX 35 Why the Move to Free Trade? Democracy and trade policy in the developing countries 60 HELEN V. MILNER WITH KEIKO KUBOTA 36 Legalization, Trade Liberalization and Domestic Politics: a cautionary note 100 JUDITH GOLDSTEIN AND LISA L. MARTIN PART 10 Trade: International Politics The Optimal Design of International Trade Institutions: uncertainty and escape 137 B. PETER ROSENDORFF AND HELEN V. MILNER 38 Overlapping Institutions, Forum Shopping and Dispute Settlement in International Trade 168 MARC L. BUSCH 39 The New Wave of Regionalism 196 EDWARD D. MANSFIELD AND HELEN V. MILNER PART 11 Finance: Domestic Politics Invested Interests: the politics of the national economic policies in a world of global finance 241 JEFFRY A. FRIEDEN 41 Capital Mobility and State Autonomy: toward a structural theory of international monetary relations 270 DAVID M. ANDREWS 42 Democratic Institutions and Exchange-Rate Commitments 303 WILLIAM BERNHARD AND DAVID LEBLANG IX

7 43 Political System Transparency and Monetary Commitment Regimes 333 J. LAWRENCE BROZ PART 12 Finance: International Politics The Triad and the Unholy Trinity: Lessons for the Pacific Region The Legalization of International Monetary Affairs 391 BETH A. SIMMONS 46 The New Geography of Money 427 VOLUME IV: SELECTED TOPICS Acknowledgements ix Introduction 1 PART 13 The Role of Ideas 7 47 Constructivism as an Approach to International Political Economy ' 9 RAWI ABDELAL 48 Neoliberal Economists and Capital Account Liberalization in Emerging Markets 34 JEFFREY CHWIEROTH 49 The Rise and Fall of the Washington Consensus as a Paradigm for Developing Countries 56 CHARLES GORE

8 PART 14 Problems of Economic Development What Does Political Economy Tell Us about Economic Development and Vice Versa? 83 PHILIP KEEFER 51 Cursed by Resources or Institutions? Ill HALVOR MEHLUM, KARL MOENE AND RAGNAR TORVIK 52 Globalization and the Decline of the Welfare State in Less-Developed Countries 126 NITA RUDRA 53 The Future of Global Polarization 163 SAMIR AMIN PART 15 MNCs and Global Production States, Firms and Diplomacy 175 SUSAN STRANGE 55 Global Production Networks and the Analysis of Economic Development 191 JEFFREY HENDERSON, PETER DICKEN, MARTIN HESS, NEIL COE AND HENRY WAI-CHUNG YEUNG 56 The Governance of Global Value Chains 219 GARY GEREFFI, JOHN HUMPHREY AND TIMOTHY STURGEON PART 16 Security and Conflict Does Globalization Contribute to Peace? A critical survey of the literature 249 GERALD SCHNEIDER, KATHERINE BARBIERI AND NILS PETTER GLEDITSCH 58 Economic Globalization and Civil War 284 KATHERINE BARBIERI AND RAFAEL REUVENY 59 The Hidden Hand of Economic Coercion 306 DANIEL W. DREZNER XI

9 PART 17 Environment Regime Design Matters: intentional oil pollution and treaty compliance 327 RONALD B. MITCHELL 61 Rethinking the Ecology-Sovereignty Debate 363 KEN CONCA 62 Why Is There No Unified Theory of Environmental Governance? 375 ORAN R. YOUNG 63 Conceptualizing Climate Governance Beyond the International Regime 391 CHUKWUMERIJE OKEREKE, HARRIET BULKELEY AND HEIKE SCHROEDER Index 413 Xll

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