IDEAS home Printed from https://ideas.repec.org/a/cup/intorg/v55y2001i04p949-969_44.html
   My bibliography  Save this article

Multilateralizing Trade and Payments in Postwar Europe

Author

Listed:
  • Oatley, Thomas H.

Abstract

Europe's postwar shift to multilateral trade and payments arrangements was complicated by three factors. Distributional problems and uncertainty about the state of the world made European governments reluctant to adopt multilateral arrangements without financial support from the United States. An enforcement problem made U.S. policymakers reluctant to finance a European multilateral trading system. The severity of these problems was reduced by institutional designs that combined flexibility, centralization, and particular decision rules. Centralization and flexibility reduced uncertainty and softened distributive conflict. Centralization and particular decision rules solved the enforcement problem that U.S. policymakers faced.

Suggested Citation

  • Oatley, Thomas H., 2001. "Multilateralizing Trade and Payments in Postwar Europe," International Organization, Cambridge University Press, vol. 55(4), pages 949-969, October.
    • Handle: RePEc:cup:intorg:v:55:y:2001:i:04:p:949-969_44
    as

    Download full text from publisher

    File URL: https://www.cambridge.org/core/product/identifier/S0020818301441580/type/journal_article
    File Function: link to article abstract page
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Baldwin, Richard, 2010. "Sequencing regionalism: Theory, European practice, and lessons for Asia," CEPR Discussion Papers 7852, C.E.P.R. Discussion Papers.
    2. Erdey, László, 2004. "A működőtőke-áramlás a telephelyválasztás elméletének tükrében [The flow of operating capital in the light of the theory of location choice]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(5), pages 472-494.
    3. Sarker, Pradip Kumar & Rahman, Md Saifur & Giessen, Lukas, 2018. "Regional governance by the South Asia Cooperative Environment Program (SACEP)? Institutional design and customizable regime policy offering flexible political options," Land Use Policy, Elsevier, vol. 77(C), pages 454-470.
    4. Pradip Kumar Sarker & Md Saifur Rahman & Lukas Giessen, 2019. "Regional economic regimes and the environment: stronger institutional design is weakening environmental policy capacity of the South Asian Association for Regional Cooperation," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 19(1), pages 19-52, February.
    5. Schäfer, Armin, 2003. "Stabilizing postwar Europe: Aligning domestic and international goals," MPIfG Working Paper 03/8, Max Planck Institute for the Study of Societies.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cup:intorg:v:55:y:2001:i:04:p:949-969_44. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk Stebbing (email available below). General contact details of provider: https://www.cambridge.org/ino .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.