As the globalization of economic production reshapes domestic economic activity and redefines the substance of international politics, the importance of international economic policy is becoming more widely appreciated. This book is a revised and updated edition of the definitive study of the decision-making process in all sectors--trade, finance, development, and energy--of U.S. international economic policy. Students and practitioners of economics and political science will find it invaluable in understanding how process affects substance in some of the most far-reaching policies being...

As the globalization of economic production reshapes domestic economic activity and redefines the substance of international politics, the importance of international economic policy is becoming more widely appreciated. This book is a revised and updated edition of the definitive study of the decision-making process in all sectors--trade, finance, development, and energy--of U.S. international economic policy. Students and practitioners of economics and political science will find it invaluable in understanding how process affects substance in some of the most far-reaching policies being...