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Punishing the Prince

A Theory of Interstate Relations, Political Institutions, and Leader Change

Alastair Smith, Fiona McGillivray

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Princeton University Press img Link Publisher

Sozialwissenschaften, Recht, Wirtschaft / Politikwissenschaft

Beschreibung

When the United States invaded Iraq, President Bush made it clear: the U.S. was not fighting the Iraqi people. Rather, all quarrels were solely with Iraq's leadership. This kind of assertion remains frequent in foreign affairs--sanctions or military actions are imposed on a nation not because of its people, but because of its misguided leaders. Although the distinction might seem pedantic since the people suffer regardless, Punishing the Prince reveals how targeting individual leaders for punishment rather than the nations they represent creates incentives for cooperation between nations and leaves room for future relations with pariah states.



Punishing the Prince demonstrates that theories of leader punishment explain a great deal about international behavior and interstate relations. The book examines the impact that domestic political institutions have on whether citizens hold their leaders accountable for international commitments and shows that the degrees to which citizens are able to remove leaders shape the dynamics of interstate relations and leader turnover. Through analyses of sovereign debt, international trade, sanctions, and crisis bargaining, Fiona McGillivray and Alastair Smith also uncover striking differences in patterns of relations between democratic and autocratic states. Bringing together a vast body of information, Punishing the Prince offers new ways of thinking about international relations.

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Schlagwörter

George Peabody, Direct democracy, Institution, Foreign policy, Probability, Risk premium, Bilateral trade, Debt, Opportunity cost, Protectionism, Bribery, Free trade, Investor, Currency, Free riding, Grim trigger, Superiority (short story), Incumbent, Cronyism, Speculation, Spontaneous order, Tariff, Folk theorem (game theory), International isolation, Prediction, Reputation, Democratic peace theory, World Trade Organization, Bond (finance), Kleptocracy, Audience cost, Economics, Coalition government, Government bond, Utility, Sovereign default, Supporter, Subgame perfect equilibrium, Risk aversion, Principal–agent problem, Devaluation, Subsidy, Exhaustion, Saddam Hussein, Credit risk, Anecdotal evidence, Economic warfare, Scarcity (social psychology), International relations, Liberalism, Dummy variable (statistics), Theory of International Politics, Interest rate, Repayment, Trade barrier, Result, Economic indicator, Economic sanctions, Representative democracy, Creditor, Selectorate theory, Hegemony, Government debt, Price variance, Sovereign Risk, Prisoner's dilemma, Defection, Common-pool resource, International crisis, Multilateralism