Adam Smith proposed three contradictory theories of the British Empire in the Wealth of Nations. The first view holds that the empire was created for merchants eager to monopolize the colonial trade. Smith concludes that “Great Britain derives nothing but loss” from the colonies. In the...

This book considers the current and future significance of the G20 by using International Relations theory to examine its political impact as an informal form of global governance. International Relations theory is shown to represent a broad range of political positions that can effectively...