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Resolving Regional Crises

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Abstract

Trade has long been considered a core dimension of international relations. Whether it is a factor of peace or war, favoring or affecting the “Wealth of Nations,” is a question that has been debated for centuries, ever since the mercantilists put in place a protectionist, interventionist, and colonial economic system in the sixteenth century. Adam Smith criticized the mercantilist theory in the eighteenth century, and ever since, classical economics favoring free markets has been dominant. So too has the idea that trade contributes to the pacification of international relations, except for the Marxist tradition that points out the contradictions generated by the expansion of capitalism, and in its modern Latin American version, the dependency of the periphery.

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Notes

  1. “The emergence of the Russian and American superpowers created a situation that permitted wider ranging and more effective cooperation among the states of Western Europe. They became consumers of security.” See Kenneth Waltz, Theory of International Politics, Boston, McGraw-Hill, 1979, p. 70.

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© 2009 Olivier Dabène

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Dabène, O. (2009). Resolving Regional Crises. In: The Politics of Regional Integration in Latin America. The Sciences Po Series in International Relations and Political Economy. Palgrave Macmillan, New York. https://doi.org/10.1057/9780230100749_2

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