In this lucid and theoretically sophisticated book, G. John
Ikenberry focuses on the oil price shocks of 1973-74 and 1979,
which placed extraordinary new burdens on governments worldwide and
particularly on that of the United States. Reasons of State
examines the response of the United States to these and other
challenges and identifies both the capacities of the American state
to deal with rapid international political and economic change and
the limitations that constrain national policy.
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