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INTERNATIONAL POLITICAL ECONOMY PERSPECTIVES ON GLOBAL POWER AND WEALTH FOURTH EDITION Jeffry A.Frieden Harvard University David A.Lake University of California, San Diego London and New York For Bedford/St. Martin’s Political Science Editor: James R.Headley Senior Editor, Publishing Services: Douglas Bell Production Supervisor: Joe Ford Project Management: Stratford Publishing Services, Inc. Cover Design: Lucy Krikorian Cover Photo: CORBIS/Stuart Westmorland Composition: Stratford Publishing Services, Inc. Printing and Binding: Haddon Craftsman, an R.R.Donnelley & Sons Company President: Charles H.Christensen Editorial Director: Joan E.Feinberg Director of Editing, Design, and Production: Marcia Cohen Manager, Publishing Services: Emily Berleth First published 2000 by Bedford/St. Martin’s. Simultaneously published and distributed outside North America by Routledge 11 New Fetter Lane, London, EC4P 4EE and representatives throughout the world. This edition published in the Taylor & Francis e-Library, 2003. Library of Congress Catalog Card Number: 99–62343 Copyright © 2000 by Bedford/St. Martin’s All rights reserved. No part of this book may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, except as may be expressly permitted by the applicable copyright statutes or in writing by the Publisher. British Library Cataloguing in Publication Data A catalogue record for this book is available from the British Library. ISBN 0-203-51858-6 Master e-book ISBN ISBN 0-203-54705-5 (Adobe eReader Format) ISBN: 0-415-22279-6 (Print Edition) Acknowledgments Acknowledgments and copyrights appear at the back of the book on pages 471–473, which constitute an extension of the copyright page. It is a violation of the law to reproduce the selections in this book by any means whatsoever without the written permission of the copyright holder. PREFACE The readings in International Political Economy: Perspectives on Global Power and Wealth are primarily intended to introduce the study of international political economy to those with little or no prior knowledge of it. The book is designed for use in courses in international political economy, international relations, and international economics. The selections present both clear and identifiable theoretical arguments and important substantive material. Fifteen of the 31 articles are new to this fourth edition of our book, and the theoretical approach has been updated to reflect the changing state of both the world and the field of international political economy. Although the selections can be read in any order, they are grouped in seven parts, which reflect some of the more common organizing principles used in international political economy courses. Each part begins with an introduction by the editors that provides background information and highlights issues raised in the readings. Each reading is preceded by an abstract summarizing its specific arguments and contributions. The readings were edited to eliminate extraneous or dated information, and most footnotes were removed. The introduction defines the study of international political economy, summarizes major analytical frameworks in the field, and identifies several current debates. In earlier editions, the introduction and readings were largely structured around three analytic perspectives: Realism, Marxism, and Liberalism. This framework is substantially downplayed in this edition. The field of international political economy has made significant progress over the last two decades, and this division—while useful as a pedagogic device—has become increasingly obsolete. To capture the most important work and current debates in the international political economy, we now highlight the analytic tensions between international and domestic explanations, on the one hand, and institutionalist- and society-centered explanations, on the other. These two dimensions create four distinct views, which we refer to as the international political, international economic, domestic institutionalist, and domestic societal approaches. Part I presents examples of these different perspectives on international political economy. The readings in this part are intended to suggest the underlying logic and types of arguments used by proponents of each approach. Although they are representative of their respective schools, they do not necessarily capture the wide range of opinion within each approach. iii
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