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Are there systematic political economy factors that shape preferences for foreign aid, a key component of American foreign policy? We analyze votes in the House of Representatives from 1979 to 2003 that would increase or decrease foreign aid by considering the political, economic, and...
Persistent link: https://www.econbiz.de/10008679638
In this article we bring together opposing international relations theories to better understand U.S. foreign policy, in particular foreign trade and aid. Using votes in the U.S. House of Representatives from 1979–2004, we explore different theoretical predictions about preferences for foreign...
Persistent link: https://www.econbiz.de/10008833384
Elections affect both the probability of successful ratification and the terms of international trade agreements; domestic politics in its simplest form shapes international negotiations. Without elections, the extent of protection in a trade agreement increases with the degree of divided...
Persistent link: https://www.econbiz.de/10011147465
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International institutions that include an escape clause generate more durable and stable cooperative international regimes and are easier to achieve <italic>ex ante</italic>. The escape clause is endogenous in a model of repeated trade-barrier setting in the presence of symmetric, two-sided, political...
Persistent link: https://www.econbiz.de/10005120414
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Over the past two decades foreign direct investment (FDI) has become as important as, if not more important than, international trade in the global economy. FDI constitutes a major source of capital, particularly in developing countries, where FDI inflows as a share of GDP rose from only 10% in...
Persistent link: https://www.econbiz.de/10009450119