The Bases of National Economic Power

  • Klaus Knorr
Part of the The Political Economy of International Relations book series (IPES)

Abstract

Economic wealth is convertible into virtually all types of power and influence. As we have seen in Chapter 3, it is a basis of military power. It figures as one foundation of international prestige. In the conduct of international propaganda, foreign intelligence, and bribery, it is an indispensable subsidiary to skill. It is also a basis of national economic power, which is the subject of the present chapter. What exactly is national economic power? How does it become effective? Which are its bases? How can these bases be promoted? What are the costs of, and hence resistances to, their promotion? How do big and little, and rich and poor, states differ in the bases of economic power? Do national economic systems affect the economic power of states? Logically, we must begin with defining national economic power-a subject which has received far less analytical attention than national military power-and with identifying the types of uses to which it gives rise, and then deduce the foundation on which it rests.

Keywords

Sugar Fatigue Depression Europe Petroleum 

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Notes

  1. 1.
    François Perroux, L’economie du xxeme siècle ( Paris: Presses Universitaires, 1961 ), pp. 27–56.Google Scholar
  2. 3.
    John D. Montgomery, The Politics of Foreign Aid ( New York: Praeger, 1962 ), p. 218.Google Scholar
  3. 4.
    David A. Baldwin, Economic Development and American Foreign Policy, 1943–62 ( Chicago: University of Chicago Press, 1966 ), p. 270.Google Scholar
  4. 5.
    A. I. MacBean, Export Instability and Economic Development ( Cambridge, Mass.: Harvard University Press, 1966 ), pp. 89–107.Google Scholar
  5. 6.
    Michael Michaely, Concentration in International Trade ( Amsterdam: North Holland Publishing Co., 1962 ), p. 16.Google Scholar
  6. 7.
    Cf. June Flanders, The Demand for International Reserves (Princeton: Princeton University Press Studies in International Finance No. 27, 1971), esp. pp. 12–17, 34–42.Google Scholar
  7. 9.
    Cf. Frederick L. Pryor, The Communist Foreign Trade System (Cambridge, Mass.: MIT Press, 1963), chap. I.Google Scholar
  8. 10.
    For a penetrating examination of the agricultural problem in the Soviet Union, see Erich Strauss, Soviet Agriculture in Perspective: A Study of Its Successes and Failures ( New York: Praeger, 1969 ).Google Scholar
  9. 12.
    Charles P. Kindleberger, Power and Money ( New York, Basic Books, 1970 ), p. 69.CrossRefGoogle Scholar

Copyright information

© Basic Books, Inc. 1973

Authors and Affiliations

  • Klaus Knorr

There are no affiliations available

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