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Economic integration fosters regional peace
Nations with credible monetary regimes borrow at lower interest rates and are less likely to suffer speculative attacks and currency crises. While scholars typically attribute credibility to domestic institutions or international agreements, Jana Grittersova argues that when reputable multinational banks open branches within a nation, they enhance that nation's monetary credibility.
Clarifies the state of knowledge about the effects of foreign commerce on political-military relations and identifies the avenues of new research needed to improve our understanding of this relationship. Contributors offer insights into the political economy of national security, the causes of war, and the politics of global economic relations.
Argues that global supply chain integration pits firms and industries that are more heavily dependent on foreign supply chains against those that are less dependent on intermediate goods for domestic production.
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