International Political Economy: Perspectives on Global Power and Wealth, Fourth Edition

Index 481

Kulturkampf, 96, 326
Kuznets, Simon, 384
Kuznets Hypothesis, 384

Laird, Sam, 359
laisser-faire, 76, 81, 254
laisser faire, laisser passer, 73
Lake, David A., 71, 127, 220
Lall, Sanjay, 172–73
lame duck syndrome, 455
land-labor ratio, 320
latifundia, 216
Latin America, 58–59, 157,
159, 380. See also
individual countries
breakdown of British
investment in, 120
dependency theorists and,
62, 169 exchange rates and,
262 inflation and, 422–25
multinationals and, 177,
179 party conflict and,
422–25 policies and, 389
Latin Monetary Union, 210,
224, 254
Lausanne Conference, 33
Law 159 of 1976, 294
Lawrence, Robert, 351, 413
League of Nations, 71
lean management, 456
lean production, 370
lender of last resort, in
international monetary
system, 237–39
Lenin, V.I., 11, 168
Le Pen, Jean-Marie, 470
less developed areas (LDAs),
119
less developed countries
(LDCs) , 143, 171, 380,
396
leveling the playing field, 467,
468
Lewis, Arthur, 384
liberalism, 9, 10, 13
liquidity, in international
monetary system, 233–37
List, Friedrich, 12, 98, 181
logrolling, 94–95, 106
London Monetary Conference,
33, 250
Louis Napoleon, 30, 83
low-skilled workers, 343–52
demand for, 343–44, 349–
50 factor content studies

and, 349–50 factor price

equalization and, 347–48,

351–52 immiseration of,

344–45, 351 price effects

studies and, 351 trade with

Third World and, 346 wage

inequality in United States

and, 345

low-wage competition, 468

Luxembourg, 267

Luxembourg Economic Union,

254

Maastricht Treaty, 189, 270,

272, 274, 275, 276, 278

Machiavelli, Niccoló, 12

Madrid, Miguel de la, 425

magnification effect, 331

majoritarianism, 337, 340

Malaysia, 422, 423, 425

Manchester Air Pollution

Advisory Board, 434

Manchester School, 30, 81

Mansfield, Edward D., 301,

353

Marcos, Ferdinand, 425, 428

market-clearing equilibrium

definition of, 1

Marshall Plan, 7, 229, 235,

237, 239, 403

Marx, Karl, 3, 10–11, 380

Marxism, 9, 10–12, 13, 168

mass production, 370

The Material Interests of

France in Roads, Canals

and Railroads (Chevalier),

82

McCallum, John, 463

McGovern, George, 104

McKenna Duties, 131

McKinley, William, 104, 105,

264

Méline Tariff of 1892, 99, 129

mercantilism, 69

Merchants of the Staple, 56

Mesta, 57

Mexico, 141 inequality and,

415 inflation and, 422, 423,

424, 425 tuna-dolphin

dispute with United States,

444 United States

automobile production in,

142, 369, 373

Middle East, 121, 157, 177

migration, impact on

globalization and

inequality, 409–10, 412–14

Mill, John Stuart, 3

Mitterrand, François, 292

mobile factors model, 318–19,

321, 325, 326, 330–32

The Money Question, 262, 266

Monopoly, multinational

corporations and, 176, 177–

78

Monopoly Capital (Baran and

Sweezy), 168

Montedison, 295

Morgan Grenfell, 288

Morkre, Morris E., 308

most-favored-nation (MFN)

status, 300

muckrakers, 38

Multifibre Arrangement, 359

multilateralism, 366, 367, 374–

76

multinational corporation

(MNC) affiliates of, 116,

122, 141 current number of,

141 definition of, 141, 167

direct economic benefits of,

170–71 indirect economic

benefits of, 170–71

monopoly and, 176, 177–78

multinational corporations

(MNCs) and Third World,

156–66 bargaining power of

host state, 157, 158–65,

166 capital flows and, 173

characteristics of foreign

investment project, 160–61

competition for investment

opportunities and, 159–60

dependency theory, 172

domestic constraints and,

161, 162–63 global

integration and, 163–64

home government of

multinationals and, 164–65

as imperial system, 168–75,

178 improved position of

host state, 157 international

constraints and, 161, 163–

65 managerial skills of host

state and, 158–59, 173–74

multinational corporations

(MNCs) and Third World

(cont.) obsolescing bargain

and, 160 policy