The Influence of Regional Power Distributions on Interdependence

Political economy debates about the influence of power configurations in expanding and maintaining global liberalization ebb and flow with the wax and wane of the concentration of power in the international system. This article engages the debate in a novel way from previous scholarship. Employing a...

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Bibliographic Details
Published in:The Journal of conflict resolution 2018-05, Vol.62 (5), p.1072-1099
Main Author: Allen, Michael A.
Format: Article
Language:English
Subjects:
Conflict resolution
Econometrics
Free trade
Global trends
Interdependence
Liberalization
Political economy
Political power
Power
Scholarship
Theory
Trade liberalization
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Summary:Political economy debates about the influence of power configurations in expanding and maintaining global liberalization ebb and flow with the wax and wane of the concentration of power in the international system. This article engages the debate in a novel way from previous scholarship. Employing a series of econometric models that account for regional power, I argue that the global power concentration is ill fit to be the primary predictor of trade liberalization, but instead, regional power fluctuations can dampen and enhance global trends. By incorporating subsystemic power configurations, we gain a better understanding of the regional variation in states buying into or cashing out of interdependence.
ISSN:0022-0027
1552-8766
DOI:10.1177/0022002716669809