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Do Better Political Relations with the USA Improve A Country's Economic Outlook?

Author

Listed:
  • Amirhossein Najafi

    (George Washington University)

  • Anwar Aridi

    (the World Bank)

  • Hossein Askari

    (George Washington University)

Abstract

Relations of countries with the USA could be considered as helpful in their quest for enhanced economic performance. Does an improvement or deterioration in relations with the USA bring significant economic and financial benefits or costs, in areas such as, trade, capital flows, remittances, aid, military expenditures, and education? The results based on an event study are very preliminary. Nevertheless, this line of research could be fruitful and may enhance our appreciation of international political-economic relations and the ability to build more comprehensive theories of trade, capital flows and the like.

Suggested Citation

  • Amirhossein Najafi & Anwar Aridi & Hossein Askari, 2010. "Do Better Political Relations with the USA Improve A Country's Economic Outlook?," PSL Quarterly Review, Economia civile, vol. 63(255), pages 379-397.
    • Handle: RePEc:psl:pslqrr:2010:44
    as

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    File URL: http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/9425/9320
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    References listed on IDEAS

    as
    1. Gary Clyde Hufbauer & Jeffrey J. Schott & Kimberly Ann Elliott, 2009. "Economic Sanctions Reconsidered, 3rd Edition (paper)," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 4129, April.
    2. Gary Clyde Hufbauer & Jeffrey J. Schott & Kimberly Ann Elliott, 1990. "Economic Sanctions Reconsidered: 2nd Edition," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 82, January.
    3. Sakiko Fukuda-Parr, 2007. "Rethinking the Policy Objectives of Development Aid: From Economic Growth to Conflict Prevention," WIDER Working Paper Series RP2007-32, World Institute for Development Economic Research (UNU-WIDER).
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Jan Kregel, 2010. "Can a return to Glass-Steagall provide financial stability in the US financial system?," PSL Quarterly Review, Economia civile, vol. 63(252), pages 39-76.
    2. Alessandro Roncaglia, 2010. "Confronting the financial crisis: surveillance and regulation," PSL Quarterly Review, Economia civile, vol. 63(255), pages 295-298.

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    More about this item

    Keywords

    international political relations; international trade; international economic development;
    All these keywords.

    JEL classification:

    • F50 - International Economics - - International Relations, National Security, and International Political Economy - - - General
    • F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions
    • F59 - International Economics - - International Relations, National Security, and International Political Economy - - - Other

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