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Negotiating the World Economy (Hardcover)
Loot Price: R2,714
Discovery Miles 27 140
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Negotiating the World Economy (Hardcover)
Series: Cornell Studies in Political Economy
Expected to ship within 12 - 17 working days
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It is often said economics has become as important as security in
international relations, yet we work with much less than full
understanding of what goes on when government negotiators bargain
over trade, finance, and the rules of international economic
organizations. The process of economic negotiation shapes the world
political economy, John S. Odell says, and this essential process
can be understood and practiced better than it is now.His absorbing
book compares ten major economic negotiations since 1944 that have
involved the United States. Odell gives the inside stories,
targeting the strategies used by the negotiators, and explaining
strategy choice as well as why the same strategy gains more in some
situations and less in others. He identifies three broad factors
changing market conditions, negotiator beliefs, and domestic
politics as key influences on strategies and outcomes. The author
develops an insightful mid-range theory premised on bounded
rationality, setting it apart from the most common form of rational
choice as well as from views that reject rationality. Negotiating
the World Economy reveals a rich set of future research paths, and
closes with guidelines for improving negotiation performance today.
The main ideas are relevant for any country and for all who may be
affected by economic bargaining."
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