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Full-Text Articles in International Relations
Monetary Darwinism: The Political Economy Of Monetary Relations, Giulio M. Gallarotti
Monetary Darwinism: The Political Economy Of Monetary Relations, Giulio M. Gallarotti
Giulio M Gallarotti
No abstract provided.
Hegemons Of A Lesser God: The Bank Of France And Monetary Leadership Under The Classical Gold Standard, Giulio M. Gallarotti
Hegemons Of A Lesser God: The Bank Of France And Monetary Leadership Under The Classical Gold Standard, Giulio M. Gallarotti
Giulio M Gallarotti
Conventional theories of international hegemony all agree on the fact that the stabilizing functions of hegemons (i.e., nations which use their power to maintain orderly relations in a given issue-area) are positively correlated with their power. The public goods logic upon which this vision is founded posits that as any potential leader becomes more powerful in a given issue area, it will increasingly see its own welfare as synonymous with order in the entire constellation of relations within the issue area itself, and consequently have an incentive to provide the necessary public goods (i.e., the components of stability) to bring …
The Rise Of The Classical Gold Standard: The Role Of Focal Points And Synergistic Effects In Spontaneous Order, Giulio M. Gallarotti
The Rise Of The Classical Gold Standard: The Role Of Focal Points And Synergistic Effects In Spontaneous Order, Giulio M. Gallarotti
Giulio M Gallarotti
This paper presents a theory of the invisible hand in homogeneous spontaneous orders. It does so by answering three fundamental questions: How do spontaneous orders arise? How are they consolidated? Why do they last? Spontaneous order is conceptualized as a solution to problems of cooperation (i.e., state-of-nature and coordination problems) within variable-sum games in decentralized environments. The processes which solve such cooperation problems must be effective in overcoming various obstacles deriving from limited information, uncertainty, and transaction costs. In the emergence or origin of spontaneous order, certain rules will be selected over others because of social-psychological dispositions (i.e., focal points) …
The Scramble For Gold: Monetary Regime Transformation In The 1870s, Giulio M. Gallarotti
The Scramble For Gold: Monetary Regime Transformation In The 1870s, Giulio M. Gallarotti
Giulio M Gallarotti
No abstract provided.