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Reexamining the “obsolescing bargain”: a study of Canada's National Energy Program

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  • Jenkins, Barbara

Abstract

Rarely has an issue in the field of international political economy aroused more controversy than the role of the state in economic development. Much of the debate centers on theories of dependency which portray the state as a captive of the “universal standards” of international markets, constrained by its position in the international capitalist economy. In response to this provocative stance, there has been a recent renaissance of theories which see the state as a prominent force in the contemporary world economy. Numerous authors from a wide ideological spectrum have endorsed this argument. In their view, the state is not a helpless puppet subject to the whims of international capital and a comprador bourgeoisie. On the contrary, it is a key economic player capable of using international capital to forward its own interests.

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  • Jenkins, Barbara, 1986. "Reexamining the “obsolescing bargain”: a study of Canada's National Energy Program," International Organization, Cambridge University Press, vol. 40(1), pages 139-165, January.
    • Handle: RePEc:cup:intorg:v:40:y:1986:i:01:p:139-165_00
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    Cited by:

    1. Jonathan Thomas & Tim Worrall, 1994. "Foreign Direct Investment and the Risk of Expropriation," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 61(1), pages 81-108.
    2. Cristian Luise & Peter J. Buckley & Hinrich Voss & Emmanuella Plakoyiannaki & Elisa Barbieri, 2022. "A bargaining and property rights perspective on the Belt and Road Initiative: Cases from the Italian port system," Journal of International Business Policy, Palgrave Macmillan, vol. 5(2), pages 172-193, June.
    3. Müllner, Jakob & Puck, Jonas, 2018. "Towards a holistic framework of MNE–state bargaining: A formal model and case-based analysis," Journal of World Business, Elsevier, vol. 53(1), pages 15-26.
    4. Maxim Ananyev, 2019. "Political Economy of Cross-Border Income Shifting: A Protection Racket Approach," Melbourne Institute Working Paper Series wp2019n15, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
    5. Eden, Lorraine & Molot, Maureen Appel, 2002. "Insiders, outsiders and host country bargains," Journal of International Management, Elsevier, vol. 8(4), pages 359-388.
    6. Gamso, Jonas & Nelson, Roy C., 2019. "Does partnering with the World Bank shield investors from political risks in less developed countries?," Journal of World Business, Elsevier, vol. 54(5), pages 1-1.
    7. Jakob Müllner, 2017. "International project finance: review and implications for international finance and international business," Management Review Quarterly, Springer, vol. 67(2), pages 97-133, April.

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