Economic Discrimination and Political Exchange

Economic Discrimination and Political Exchange

  • Kenneth A. Oye
Publisher:Princeton University PressISBN 13: 9780691227801ISBN 10: 0691227802

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Economic Discrimination and Political Exchange is written by Kenneth A. Oye and published by Princeton University Press. It's available with International Standard Book Number or ISBN identification 0691227802 (ISBN 10) and 9780691227801 (ISBN 13).

Did bilateral and regional bargaining choke off international commerce and finance in the 1930s and prolong the Great Depression? Is the open world economic system now being placed at risk by explicitly discriminatory practices that erode respect for the GATT, the IMF, and the IBRD? Most political economists would answer in the affirmative, warning that bilateral and regional preferences are at best inefficient and at worst catastrophic. By contrast, Kenneth Oye shows how economic discrimination can foster international economic openness by facilitating political exchange.