By Katherine Barbieri
"A extremely important and long-awaited significant contribution to the talk . . . Her paintings can't be ignored."--Nils Petter Gleditsch, magazine of Peace Research"Barbieri builds on a high-quality origin of labor on alternate and clash and specifies the stipulations less than which exchange reduces and raises clash. . . . the hot button is that this is often an enormous booklet within the research of exchange and clash due to its accomplished approach."--Kathy L. Powers, views on Politics"Barbieri's research finds the basic and highbrow weaknesses of many of the arguments in this subject. [A] reliable and well timed contribution to the literature"--ChoiceThe Liberal phantasm sheds mild on an more and more vital query in diplomacy scholarship and the area of coverage making-whether overseas exchange promotes peace. via interpreting a large variety of theories approximately trade's influence on interstate relatives and venture a collection of empirical analyses of the trade-conflict puzzle, Katherine Barbieri presents a entire overview of the liberal view that exchange promotes peace. Barbieri's attractive conclusions leave from traditional knowledge in diplomacy. for this reason, The Liberal phantasm serves as a huge counterargument and a take-heed call to policymakers who rely on trade-based techniques to advertise peace, ideas that seem to supply little wish of attaining their pursuits.
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Extra info for The Liberal Illusion: Does Trade Promote Peace?
The expansion of trade ties alone should reduce the likelihood of con›ict. This link of trade to peace, as we will see, is tenuous for those who maintain that trade might entail net costs, for those who view states’ concerns about absolute gains as subordinate to concerns about relative gains, and for those who view increased contact as harmful to interstate relations. Trade’s Impact Is Contingent on the Nature of Dependence Liberal theorists describe trading relationships as universally bene‹cial.
The advantaged bargaining position of the less dependent state may be used to gain concessions on economic or political issues (Hirschman  1980). Thus, one might hypothesize that tensions are more likely to arise in asymmetrical relations due to the exercise of power derived through such relations, the perception of negative consequences of dependence, or concerns about relative gains. An eclectic group of theorists emphasizes the negative consequences of economic dependence (Balogh 1963; Cooper 1968; Emmanuel 1972; Gasiorowski 1986a, 1986b; Hirschman  1980; Kegley and Richardson 1980; Wallensteen 1973).
Thus, if we witness states engaging in trade, we must assume that they are deriving bene‹ts. According to this argument, if a state did not enjoy net bene‹ts from a particular relationship, being a rational actor, it would terminate the relationship. As we will see, neo-Marxist scholars reject the notion that the existence of trade ties signi‹es voluntary exchange. Underlying neoclassical trade theory is the notion that states are better off if they trade than they would be if they refrained from trade.