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Books > Business & Economics > Economics > International economics > International trade > Trade agreements & tariffs
In Power and Regionalism in Latin America: The Politics of
MERCOSUR, Laura Gomez-Mera examines the erratic patterns of
regional economic cooperation in the Southern Common Market
(MERCOSUR), a political-economic agreement among Argentina, Brazil,
Paraguay, Uruguay, and, recently, Venezuela that comprises the
world's fourth-largest regional trade bloc. Despite a promising
start in the early 1990s, MERCOSUR has had a tumultuous and
conflict-ridden history. Yet it has survived, expanding in
membership and institutional scope. What explains its survival,
given a seemingly contradictory mix of conflict and cooperation?
Through detailed empirical analyses of several key trade disputes
between the bloc's two main partners, Argentina and Brazil,
Gomez-Mera proposes an explanation that emphasizes the tension
between and interplay of two sets of factors: power asymmetries
within and beyond the region, and domestic-level politics. Member
states share a common interest in preserving MERCOSUR as a vehicle
for increasing the region's leverage in external negotiations.
Gomez-Mera argues that while external vulnerability and overlapping
power asymmetries have provided strong and consistent incentives
for regional cooperation in the Southern Cone, the impact of these
systemic forces on regional outcomes also has been crucially
mediated by domestic political dynamics in the bloc's two main
partners, Argentina and Brazil. Contrary to conventional wisdom,
however, the unequal distribution of power within the bloc has had
a positive effect on the sustainability of cooperation. Despite
Brazil's reluctance to adopt a more active leadership role in the
process of integration, its offensive strategic interests in the
region have contributed to the durability of institutionalized
collaboration. However, as Gomez-Mera demonstrates, the tension
between Brazil's global and regional power aspirations has also
added significantly to the bloc's ineffectiveness.
As the ice around the Arctic landmass recedes, the territory is
becoming a flashpoint in world affairs. New trade routes, cutting
thousands of miles off journeys, are available, and the Arctic is
thought to be home to enormous gas and oil reserves. The
territorial lines are new and hazy. This book looks at how Russia
deals with the outside world vis a vis the Arctic. Given Russia's
recent bold foreign policy interventions, these are crucial issues
and the realpolitik practiced by the Russian state is essential for
understanding the Arctic's future.Here, Geir Honneland brings
together decades of cutting-edge research - investigating the
political contexts and international tensions surrounding Russia's
actions. Honneland looks specifically at 'region-building' and
environmental politics of fishing and climate change, on nuclear
safety and nature preservation, and also analyses the diplomatic
relations surrounding clashes with Norway and Canada, as well as at
the governance of the Barents Sea. The Politics of the Arctic is a
crucial addition to our understanding of contemporary International
Relations concerning the Polar North.
The 1970s were a decade of historic American energy crises - major
interruptions in oil supplies from the Middle East, the country's
most dangerous nuclear accident, and chronic shortages of natural
gas. In Energy Crises, Jay Hakes brings his expertise in energy and
presidential history to bear on the questions of why these crises
occurred, how different choices might have prevented or ameliorated
them, and what they have meant for the half-century since - and
likely the half-century ahead. Hakes deftly intertwines the
domestic and international aspects of the long-misunderstood fuel
shortages that still affect our lives today. This approach, drawing
on previously unavailable and inaccessible records, affords an
insider's view of decision-making by three U.S. presidents, the
influence of their sometimes-combative aides, and their often
tortuous relations with the rulers of Iran and Saudi Arabia. Hakes
skillfully dissects inept federal attempts to regulate oil prices
and allocation, but also identifies the decade's more positive
legacies - from the nation's first massive commitment to the
development of alternative energy sources other than nuclear power,
to the initial movement toward a less polluting, more efficient
energy economy. The 1970s brought about a tectonic shift in the
world of energy. Tracing these consequences to their origins in
policy and practice, Hakes makes their lessons available at a
critical moment - as the nation faces the challenge of climate
change resulting from the burning of fossil fuels.
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