The international system is based on sovereign equality, yet
states sometimes choose to cooperate through "plutocratic"
governance arrangements, under which members of a multilateral
accord delegate policymaking to the wealthiest state among them. In
1995, Russia created an economic integration agreement using
plutocratic structures. Prussia and South Africa led similar
arrangements in their respective regions during earlier historical
periods. Numerous states joined these integration efforts. "
Regional Integration" answers the plutocracy question with a novel
theory focusing on the political survival of the leadership. In
narratives laced with kings, diamonds, revolutions, and
hyper-nationalism, Hancock traces the stories of these states and
their paths to plutocracy.
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