How does globalisation, especially foreign direct investment, influence the risk of intrastate conflict? While several prominent studies have found that globalisation reduces the probability of civil war, we use new data and methods to approach the question. In particular, we test for the possibility that foreign investment is endogenous to conflict risk and appropriately use … Continue reading FDI & Civil Conflict
Dani Rodrik, the political scientist's favorite economist, argues for a limit to globalization in his recent book Globalization's Paradox. The LSE EUROPP blog has a nice little summary of the book's argument: Markets require a wide range of non-market institutions (of regulation, stabilisation, and legitimation) in order to work well and remain socially sustainable. These … Continue reading Can Globalization Go Too Far?
Twenty years after its establishment, the World Trade Organization finally reached its first global trade deal last night at the meeting of the world's trade ministers in Bali. The successful agreement foiled expectations that this meeting, like all others of the Doha Round, would end in failure and acrimony. Media outlets have been reporting the … Continue reading WTO Reaches First-Ever Agreement
I recently held team debates in my introduction to international relations course on a variety of topics. Here are the topics the students debated, along with the "pro" and "con" "prompts" I provided them. Resolved: That the coming power transition between China and the U.S. appreciably raises the risk of war between the two powers … Continue reading Debating International Politics
All 50 states ban the direct sales of motor vehicles from manufacturers to consumers. The politics of this regrettable policy are clear: auto dealers are powerful political players in every state, while only a few states actually have manufacturing facilities. Banning direct manufacturer sales benefits dealers while hurting manufacturers and consumers. State governments continue to … Continue reading Interstate Protectionism and the Dormant Commerce Clause