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Financial Interdependence and the State: International Monetary Relations at Century's End

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  • Andrews, David M.
  • Willett, Thomas D.

Abstract

As the twentieth century draws to a close, one can find sharply contrasting views among leading scholars on almost every key issue in positive international political economy. How strong are international as opposed to domestic influences on policy? How important are issues of national security (”high politics”) versus economic considerations(”low politics”)? What role do institutions—international and domestic—play in influencing and constraining the behavior of governments? Why is international cooperation rare but not unheard of? The list goes on and on.

Suggested Citation

  • Andrews, David M. & Willett, Thomas D., 1997. "Financial Interdependence and the State: International Monetary Relations at Century's End," International Organization, Cambridge University Press, vol. 51(3), pages 479-511, July.
    • Handle: RePEc:cup:intorg:v:51:y:1997:i:03:p:479-511_44
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    Cited by:

    1. Thomas D. Willett, 2007. "Why the Middle is Unstable: The Political Economy of Exchange Rate Regimes and Currency Crises," The World Economy, Wiley Blackwell, vol. 30(5), pages 709-732, May.
    2. Cárcamo-Díaz, Rodrigo, 2012. "Macroeconomic cooperation for uncertain times: the REDIMA experience," Cuadernos de la CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 27857 edited by Eclac, November.
    3. Willett, Thomas D. & Srisorn, Nancy, 2014. "The political economy of the Euro crisis: Cognitive biases, faulty mental models, and time inconsistency," Journal of Economics and Business, Elsevier, vol. 76(C), pages 39-54.
    4. Jem Bendell & Kate Kearins, 2005. "The political bottom line: the emerging dimension to corporate responsibility for sustainable development," Business Strategy and the Environment, Wiley Blackwell, vol. 14(6), pages 372-383, November.
    5. Le, Quan Vu & Zak, Paul J., 2006. "Political risk and capital flight," Journal of International Money and Finance, Elsevier, vol. 25(2), pages 308-329, March.
    6. Andrew Moravcsik, 2008. "The European Constitutional Settlement," The World Economy, Wiley Blackwell, vol. 31(1), pages 158-183, January.
    7. Christian Fahrholz, 2003. "Strategic Exchange-Rate Policy of Accession Countries in ERM II," Eastward Enlargement of the Euro-zone Working Papers wp14, Free University Berlin, Jean Monnet Centre of Excellence, revised 01 Apr 2003.

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