Table of Contents
Preface ix
About the Editors xi
Introduction 1
I Contending Perspectives on International Political Economy 18
1 Commerce and Coalitions; How Trade Affects Domestic Political Alignments Ronald Rogowski 20
2 The Political Economy of Adjustment and Rebalancing Jeffry A. Frieden 30
3 State Power and the Structure of International Trade Stephen D. Krasner 43
4 International Institutions and Issue Linkage: Building Support for Agricultural Trade Liberalization Christina L. Davis 62
II Historical Perspectives 77
5 Free Trade: The Repeal of the Coin Laws Cheryl Schonhardt-Bailey 81
6 International Trade, Domestic Coalitions, and Liberty: Comparative Responses to the Crisis of 1873-1896 Peter Alexis Gourevitch 92
7 Root Causes: A Historical Approach to Assessing the Role of Institutions in Economic Development Daron Acemoglu 113
8 The Institutional Roots of American Trade Policy: Politics, Coalitions, and International Trade Michael Bailey Judith Goldstein Barry R. Weingast 119
III Foreign Direct Investment 140
9 The Multinational Enterprise as an Economic Organization Richard E. Caves 144
10 Labor Markets and Demand for Foreign Direct Investment Sonal Pandya 156
11 Bargaining over BITs, Arbitrating Awards: The Regime for Protection and Promotion of International Investment Beth A. Simmons 167
12 Reversal of Fortunes: Democratic Institutions and Foreign Direct Investment Inflows to Developing Countries Quan Li Adam Resnick 184
IV Money and Finance 206
13 The Impossible Trinity (aka the Policy Trilemma) Joshua Aizenman 211
14 Globalization and Exchange Rate Policy Jeffry A. Frieden 221
15 Borrowing, Boom, and Bust: The Capital Flow Cycle Menzie D. Chinn Jeffry A. Frieden 232
16 The Political Economy of the Euro Crisis Mark Copelovitch Jeffry A. Frieden stefanie walter 252
17 Political System Transparency and Monetary Commitment Regimes J. Lawrence Broz 267
V Trade 282
18 The Political Economy of the Smoot-Hawley Tariff Barry Eichengreen 286
19 Trade Policy, Economic Interests, and Party Politics in a Developing Country: The Political Economy of CAFTA-DR Raymond Hicks Helen V. Milner Dustin Tingley 297
20 Who Wants to Globalize? Consumer Tastes and Labor Markets in a Theory of Trade Policy Beliefs Andy Baker 315
21 Policymakers' Horizon and Trade Reforms: The Protectionist Effect of Elections Paola Conconi Giovanni Facchini Maurizio Zanardi 328
22 The World Trade Organization and the Future of Multilateralism Richard Baldwin 339
VI Migration 357
23 Political Economy and Migration Policy Gary P. Freeman Alan K. Kessler 359
24 Open Trade, Closed Borders: Immigration in the Era of Globalization Margaret E. Peters 378
25 Do Interest Groups Affect U.S. Immigration Policy? Giovanni Facchini Anna Maria Mayda Prachi Mishra 394
VII Economies in Development 413
26 Global Income Inequality in Numbers: In History and Now Branko Milanovic 416
27 The Past, Present, and Future of Economic Growth Dani Rodrik 428
28 History Lessons: Institutions, Factor Endowments, and Paths of Development in the New World Kenneth L. Sokoloff Stanley L. Engerman 449
VIII Current Problems in International Political Economy 459
29 Globalization and the Environment Jeffrey A. Frankel 461
30 The Fair Trade Challenge to Embedded Liberalism Sean D. Ehrlich 489
31 Cooperation and Discord in Global Climate Policy Robert O. Keohane David G. Victor 506
32 The Governance of International Finance Jeffry A. Frieden 518
33 US versus Them: Mass Attitudes toward Offshore Outsourcing Edward D. Mansfield Diana C. Mutz 535
