Leseprobe
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Global Discord
Paul Tucker
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Sozialwissenschaften, Recht, Wirtschaft / Politikwissenschaft
Beschreibung
How to sustain an international system of cooperation in the midst of geopolitical struggle
Can the international economic and legal system survive today’s fractured geopolitics? Democracies are facing a drawn-out contest with authoritarian states that is entangling much of public policy with global security issues. In Global Discord, Paul Tucker lays out principles for a sustainable system of international cooperation, showing how democracies can deal with China and other illiberal states without sacrificing their deepest political values. Drawing on three decades as a central banker and regulator, Tucker applies these principles to the international monetary order, including the role of the U.S. dollar, trade and investment regimes, and the financial system.
Combining history, economics, and political and legal philosophy, Tucker offers a new account of international relations. Rejecting intellectual traditions that go back to Hobbes, Kant, and Grotius, and deploying instead ideas from David Hume, Bernard Williams, and modern mechanism-design economists, Tucker describes a new kind of political realism that emphasizes power and interests without sidelining morality. Incentives must be aligned with values if institutions are to endure. The connecting tissue for a system of international cooperation, he writes, should be legitimacy, creating a world of concentric circles in which we cooperate more with those with whom we share the most and whom we fear the least.
Kundenbewertungen
Arbitration, Power politics, Reprisal, Global governance, Defection, Globalization, Imperialism, Sovereignty, Democratic peace theory, Public international law, Disenchantment, World War II, Humanitarian intervention, International Court of Justice, Currency, Legitimacy (political), Morality, Protectionism, International regime, Liberalism, Security dilemma, Rule of law, Soft law, Veto, Constitutionalism, Geopolitics, Great power, Treaty, Utilitarianism, Home Bias, Peaceful coexistence, World Trade Organization, General Agreement on Tariffs and Trade, Political Liberalism, Decolonization, International law, Regime, Central bank, Realism (international relations), War of aggression, Global justice, Institution, Politics, Liberal democracy, Mercantilism, Trade war, Governance, Pacific blockade, Spontaneous order, Externality, Political philosophy, Relative gain (international relations), Concert of Europe, War crime, Tariff, International organization, Helicopter money, Offensive realism, Free trade, Theory of International Politics, Market liquidity, John Mearsheimer, Subsidy, International relations, Legitimation, De facto, Wassenaar Arrangement, Law of war, New world order (politics), Non-interventionism