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

7 International Investment and Colonial Control:

A New Interpretation 109

JEFFRY A.FRIEDEN

8 British and American Hegemony Compared:

Lessons for the Current Era of Decline 127

DAVID A.LAKE

III PRODUCTION 141

9 The Multinational Enterprise as an Economic Organization 145

RICHARD E.CAVES

10 Third World Governments and Multinational Corporations:

Dynamics of Host’s Bargaining Power 156

SHAH M.TARZI

11 “A New Imperial System”? The Role of the

Multinational Corporations Reconsidered 167

DAVID FIELDHOUSE

12 Strategic Trade and Investment Policies: Implications

for the Study of International Political Economy 180

JEFFREY A.HART AND ASEEM PRAKASH

IV MONEY AND FINANCE 193

13 The Domestic Politics of International Monetary Order:

The Gold Standard 199

LAWRENCE BROZ

14 Hegemonic Stability Theories of the

International Monetary System 220

BARRY EICHENGREEN

15 The Triad and the Unholy Trinity:

Problems of International Monetary Cooperation 245

BENJAMIN J.COHEN

16 Exchange Rate Politics 257

JEFFRY A.FRIEDEN

17 EMU: Why and How It Might Happen 270

CHARLES WYPLOSZ

vi Preface