Suchergebnisse

Proposes a framework for analysing the politics of international capital mobility. Describes just how mobile capital is today, arguing that whilst financial capital is extremely mobile across borders, other types of investment are far less so. Examines policy preferences of various socioeconomic groups towards financial integration and explores what high levels of integration imply for them. (SJK)

The foreign economic policy of the United States in the interwar period was closely tied to domestic political struggle between domestic economic actors with conflicting interests in the international economy. After World War I, many US banks and corporations saw great opportunities for overseas expansion, and fought for US foreign economic policy to be assertively 'internationalistic'. Other US corporations saw the world economy primarily as a competitive threat and fought for protection and 'isolation'. (Abstract amended)

Analyzes the relationship between international investment interests and foreign economic policy. Argues that sectors with varying interests related to their international investment positions contend for influence over national policy. The economic circumstances of each sector lead to sectoral policy preferences with predictable implications for domestic bargaining over foreign economic policy. (Abstract amended)

EUROPEAN MONETARY UNIFICATION (EMU), THE CREATION OF A SINGLE EUROPEAN CURRENCY AND A EUROPEAN CENTRAL BANK, IS BOTH AN ECONOMIC AND A POLITICAL PHENOMENON. YET FEW STUDIES HAVE ATTEMPTED TO ADDRESS SIMULTANEOUSLY THE POLITICAL AND ECONOMIC DIMENSIONS OF THE PROCESS. IN THIS ESSAY, THE AUTHORS REVIEW AND EXTEND THE RELEVANT LITERATURES. THEY CONCLUDE THAT THE EMU IS DRIVEN PRIMARILY BY POLITICAL, RATHER THAN ECONOMIC, FACTORS, ALTHOUGH THE UNDERSTANDING OF THESE POLITICAL FORCES REMAINS INCOMPLETE.