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Growth, Trade, and Systemic Leadership

Rafael Reuveny and William R. Thompson

Publication Year: 2004

Using a "lead economy" approach, Reuveny and Thompson link question about the global trade system to debates about hegemonic stability and the balance of power in world politics. By focusing on economic growth, protectionism, and trade, they surpass hegemonic stability interpretations of international politics to explain not only how hegemons maintain political order, but also the source of hegemonic/systemic leadership, the rise and decline of leadership over time, and the role of system leaders in generating worldwide economic growth and international political economic order. Rafael Reuveny is Associate Professor in the School of Public and Environmental Affairs at Indiana University. William R. Thompson is Professor of Political Science at Indiana University.

Published by: University of Michigan Press

Contents

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pp. vii-

List of Figures

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pp. ix-

List of Tables

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pp. xi-

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Acknowledgments

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pp. xiii-

At various points, several individuals have been quite helpful in this enterprise. Our thanks to Joshua Goldstein, Bart Kerremans, Brian Pollins, David Rapkin, James Lee Ray, Bruce Russett, Jeremy Shine, Robert Switky, Peter Taylor, Jarrod Weiner, and a plague of anonymous reviewers...

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1. An Introduction to Growth, Trade, and Systemic Leadership

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pp. 1-30

As we enter the twenty-first century, international political economy (IPE) concerns encompass a wide range of topics. New technology promises to make obsolete many of the conventional ways of making and doing things. If the nature of economic activity changes radically, so, too, will the nature of political...

PART I. THE SYSTEMIC LEADERSHIP PLATFORM

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2. Leading Sectors, Lead Economies, and Economic Growth

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pp. 33-57

Conventional economic growth models tend to be restricted by national boundaries. External inputs are certainly conceivable (trade, foreign aid, technology transfers, remittances, and so forth), but otherwise the primary ingredients for growth are found domestically and are typically conceived in such generic terms as population...

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3. Economic Innovation, Systemic Leadership, and Military Preparations for War

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pp. 58-82

If the system leader’s leading sector growth is linked to its own national economic growth and to world economic growth (as shown in the previous chapter), what other linkages are plausible? While a host of possible connections come readily to mind, the most salient linkages should be ones that work toward fleshing out the foundation for...

PART II. PROTECTIONISM

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4. Explaining Protectionism: Seventeen Perspectives and One Long-Term Common Denominator

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pp. 85-111

Protectionism is one of those politicoeconomic phenomena that never quite seem to go away. Nor do new attempts at explaining it. The centrality and salience of the topic seemingly help to account for its analytical popularity. Less obvious is why we continue to spin out new stories about why it occurs. Many of the stories...

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5. The Timing of Protectionism

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pp. 112-139

There are any number of ways to explain the waxing and waning of protectionism, as we have seen in chapter 4. For example, ideologies, business cycles, elite orientations, surplus capacities, structural economic shifts, technological shifts, polarity structures, and the presence or absence of economic and political leadership...

PART III. PROTECTIONISM, TRADE, AND OPENNESS

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6. Tariffs and Trade Fluctuations: Does Protectionism Matter as Much as We Think?

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pp. 143-169

A respectable proportion of the theoretical and empirical concern in international political economy over the last twenty-five years has revolved around questions pertaining to the relationships among power concentration and its behavioral implications (hegemony/leadership), political intervention in economic processes...

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7. Systemic Leadership and World Trade Openness

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pp. 170-186

We have established a foundation for systemic leadership in the form of leading sector growth, leading sector concentration, and naval capability concentration (chaps. 2, 3). We were also able to demonstrate that the foundation for systemic leadership was important to world economic growth. Subsequent chapters explored fluctuations in protectionism...

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8. Trade, Regionalization, and Tariffs: The Correlates of Openness in the American Long Run

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pp. 187-209

The openness of the world economy is threatened—or so it would appear— by the formation of regional trade blocs. This tendency to trade more within a specific geographical region may be thought to be a relatively new phenomenon. In the late 1980s and 1990s, seemingly in emulation of the former, relatively unique, European Common Market, regional free trade..

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9. Conclusion: Adding Things Up

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pp. 211-231

Students of international relations sometimes debate which variables are most central to our understanding of how international politics and international political economy work. It is fairly obvious that we think system leadership should be listed as one of the most central keys to unraveling structure and behavior on the world stage. Yet we are also well aware that...

Appendixes

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pp. 233-238

Notes

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pp. 239-253

References

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pp. 255-277

Index

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pp. 279-286


E-ISBN-13: 9780472024230
E-ISBN-10: 047202423X
Print-ISBN-13: 9780472068500
Print-ISBN-10: 0472068504

Page Count: 304
Illustrations: 23 drawings, 22 tables
Publication Year: 2004

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Subject Headings

  • Economic development.
  • International trade.
  • Tariff.
  • Leadership.
  • United States -- Commercial policy.
  • Free trade -- United States.
  • Protectionism.
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