Currency Politics

Currency Politics

Author: Jeffry A. Frieden

Publisher: Princeton University Press

Published: 2014-12-28

Total Pages: 318

ISBN-13: 1400865344

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The politics surrounding exchange rate policies in the global economy The exchange rate is the most important price in any economy, since it affects all other prices. Exchange rates are set, either directly or indirectly, by government policy. Exchange rates are also central to the global economy, for they profoundly influence all international economic activity. Despite the critical role of exchange rate policy, there are few definitive explanations of why governments choose the currency policies they do. Filled with in-depth cases and examples, Currency Politics presents a comprehensive analysis of the politics surrounding exchange rates. Identifying the motivations for currency policy preferences on the part of industries seeking to influence politicians, Jeffry Frieden shows how each industry's characteristics—including its exposure to currency risk and the price effects of exchange rate movements—determine those preferences. Frieden evaluates the accuracy of his theoretical arguments in a variety of historical and geographical settings: he looks at the politics of the gold standard, particularly in the United States, and he examines the political economy of European monetary integration. He also analyzes the politics of Latin American currency policy over the past forty years, and focuses on the daunting currency crises that have frequently debilitated Latin American nations, including Mexico, Argentina, and Brazil. With an ambitious mix of narrative and statistical investigation, Currency Politics clarifies the political and economic determinants of exchange rate policies.


Exchange Politics

Exchange Politics

Author: David K. Jones

Publisher: Oxford University Press

Published: 2017-11-07

Total Pages: 225

ISBN-13: 0190677260

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The Affordable Care Act (ACA) contained a threat that any state refusing to set up a health insurance exchange would lose control to the federal government. Republicans had supported the concept before it became part of Obamacare, and so virtually every state was expected to cooperate and implement this core part of the law through which millions would receive financial assistance to buy health insurance. However, 34 states refused to participate, using their flexibility as an opportunity to try to bring down the entire law. This is a stunning miscalculation by the Obama administration. This book tells the story of what happened in the final two states to choose state control (Idaho and New Mexico) and the two that came the closest but did not (Michigan and Mississippi). Contrary to how it is typically described in the media, the most intense split was not between Republicans and Democrats, but within the Republican Party. Governors were the most important people in the fight over exchanges, but did not always get their way. The Tea Party was amazingly successful at defeating the most powerful interest groups. State-level and national conservative think tanks were important allies to the Tea Party. The relative power of these groups was shaped by differences in institutional design and procedures, such as whether a state has term limits and the length of legislative sessions. Opposition was more easily overcome in states whose conditions facilitated the development of legislative "pockets of expertise." This is a dramatic example of opponents using federalism to block national reform and serves as a warning of the challenge of inducing state cooperation in other policy domains such as the environment and education.


Gift Exchange

Gift Exchange

Author: Grégoire Mallard

Publisher: Cambridge University Press

Published: 2019-03-14

Total Pages: 313

ISBN-13: 1108489699

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Examines gift exchanges as a foundational notion both in anthropology and in debates about international economic governance. This title is also available as Open Access on Cambridge Core.


Monetary Politics

Monetary Politics

Author: Thomas H. Oatley

Publisher: University of Michigan Press

Published: 1997

Total Pages: 246

ISBN-13: 9780472108244

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Examines the domestic politics of European monetary integration


Redistribution Or Recognition?

Redistribution Or Recognition?

Author: Nancy Fraser

Publisher: Verso

Published: 2003

Total Pages: 292

ISBN-13: 9781859844922

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A debate between two philosophers who hold different views on the relation of redistribution to recognition.


The Politics of Trade

The Politics of Trade

Author: Jane Roy

Publisher: BRILL

Published: 2011-02-07

Total Pages: 397

ISBN-13: 9004196102

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By re-examining the archaeological evidence from salvage campaigns in Egypt and Sudan using anthropological and economic theories, this book offers a fresh view of exchange patterns between Egypt and Lower Nubia in the 4th millennium BC and how these relationships changed.


Savage Exchange

Savage Exchange

Author: Tamara T. Chin

Publisher: BRILL

Published: 2020-10-26

Total Pages: 383

ISBN-13: 1684170788

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Savage Exchange explores the politics of representation during the Han dynasty (206 BCE–220 CE) at a pivotal moment when China was asserting imperialist power on the Eurasian continent and expanding its local and long-distance (“Silk Road”) markets. Tamara T. Chin explains why rival political groups introduced new literary forms with which to represent these expanded markets. To promote a radically quantitative approach to the market, some thinkers developed innovative forms of fiction and genre. In opposition, traditionalists reasserted the authority of classical texts and advocated a return to the historical, ethics-centered, marriage-based, agricultural economy that these texts described. The discussion of frontiers and markets thus became part of a larger debate over the relationship between the world and the written word. These Han debates helped to shape the ways in which we now define and appreciate early Chinese literature and produced the foundational texts of Chinese economic thought. Each chapter in the book examines a key genre or symbolic practice (philosophy, fu-rhapsody, historiography, money, kinship) through which different groups sought to reshape the political economy. By juxtaposing well-known texts with recently excavated literary and visual materials, Chin elaborates a new literary and cultural approach to Chinese economic thought. Co-Winner, 2016 Harry Levin Prize, American Comparative Literature Association; Honorable Mention, 2016 Joseph Levenson Book Prize, Pre-1900 Category, China and Inner Asia Council of the Association for Asian Studies


The Politics of Fair Trade

The Politics of Fair Trade

Author: Sean D. Ehrlich

Publisher: Oxford University Press

Published: 2018

Total Pages: 225

ISBN-13: 0199337632

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The Politics of Fair Trade argues that fair trade is more than just labels on specialty coffee products. Nor is fair trade just protectionism in disguise. Rather, fair trade is opposition to unrestricted trade based on sincere concerns about environmental and labor conditions abroad. Fair traders are not trying to protect jobs or the economy at home, but do not want to see workers exploited and the environment degraded in their trading partners. Academics and policymakers are ill equipped to deal with fair trade concerns because they wrongly assume trade preferences run along a single dimension from free trade to protection. This book introduces a multidimensional theory of trade policy preferences, arguing that people can oppose trade for different and unrelated reasons. The book then demonstrates, using public opinion data in the U.S. and EU and Congressional voting data in the U.S., that fair traders are sincere and not simply protectionists. The book demonstrates why fair trade poses a threat to free trade and argues that free traders should include stronger and enforceable labor and environmental standards in trade agreements in order to win the support of fair traders. Doing so will enable free trade to continue while also helping to improve conditions in developing countries, satisfying the concerns of both free traders and fair traders.


Corrupt Exchanges

Corrupt Exchanges

Author: Donatella Della Porta

Publisher: Transaction Publishers

Published: 1999-01-01

Total Pages: 332

ISBN-13: 9780202365190

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Political corruption has traditionally been presented as a phenomenon characteristic of developing countries, authoritarian regimes, or societies in which the value system favored tacit patrimony and clientelism. Recently, however, the thesis of an inverse correlation between corruption and economic and political development (and therefore democratic "maturity") has been frequently and convincingly challenged. Countries with a long democratic tradition, such as the United States, Belgium, Britain, and Italy, have all experienced a combination of headline-grabbing scandals and smaller-scale cases of misappropriation. In "Corrupt Exchanges," primary research on Italian cases (judicial proceedings, in-depth interviews, parliamentary documents, and press databases), combined with a cross-national comparison based on a secondary analysis of corruption in democratic systems, is used to develop a model to analyze corruption as a network of illegal exchanges. The authors explore in great detail the structure of that network, by examining both the characteristics of the actors who directly engage in the corruption and the resources they exchange. These processes of degeneration have caused a crisis in the dominant paradigm in both academic and political considerations of corruption. The book is organized around the analysis of the resources that are exchanged and of the different actors who take part. Politicians in business, illegal brokers, Mafia members, protected entrepreneurs, and party-appointed bureaucrats exchange resources on the illegal market, altering the institutional system of interactions between the state and the market. In this complex web of exchanges, bonds of trust are established that allow the corrupt exchange to thrive. The book will serve both as a theoretical approach to a political problem of large bearing on democratic institutions and a descriptive warning of a system in peril.