Suchergebnisse

THE AUTHORS PRESENT A SIMPLE FRAMEWORK THAT BUILDS ON THE IDEA OF TWO-LEVEL GAMES. THEY OFFER A DETERMINATION OF THE WIN SET THAT IS BASED ON THE IDEA OF A GOVERNMENT MAXIMIZING ITS REPUTATION ABROAD (VIS-A-VIS OTHER GOVERNMENTS) AND POPULARITY AT HOME (VIS-A-VIS INTEREST GROUPS AND THE STATE BUREAUCRACY). THE WAY IN WHICH THE STRUCTURE AND NATURE OF INTERNATIONAL REGIMES INFLUENCE THE INTERACTION BETWEEN THE TWO LEVELS OF POLITICS IS DEMONSTRATED. THEN A NEW LEVEL IS INTRODUCED: THE POLICY AND POLITICS OF STRUCTURAL ADJUSTMENT. ITALY IS USED AS A CASE STUDY.

Widens the definition of mercantilism to mean a country's foreign economic policy. Demonstrates that mercantilist policies encompass the protection of domestic welfare and stability, and also the increase of state power. Shows that mercantilist policies lead to different outcomes depending on the regime in which they are implemented. Finally the interaction of mercantilism and the international system provides a framework for evaluating the recent history of the US dollar. (GAW)