Disclaimer. Don't rely on these old notes in lieu of reading the literature, but they can jog your memory. As a grad student long ago, my peers and I collaborated to write and exchange summaries of political science research. I posted them to a wiki-style website. "Wikisum" is now dead but archived here. I cannot vouch for these notes' accuracy, nor can I even say who wrote them. If you have more recent summaries to add to this collection, send them my way I guess. Sorry for the ads; they cover the costs of keeping this online.
Stallings. 1992. International influence on economic policy, debt stabilization, and structural reform. In The Politics of Economic Adjustment, eds. Haggard and Kaufman, pp. 41-89.
(So far, this summary is based on only the introduction and conclusion. Please improve this summary, and then delete this comment.)
In the 1970s, dependency theory assumed that economic liberalization was carried out by governments taking political risks; the state acted autonomously in response to strong international pressure by a league of IMF/World Bank/rich countires. Now, the pendulum has swung, and theorists focus mostly on domestic politics. We should not abandon our interest in international variables when explaining economic liberalization. (But see Schamis for the opposite argument: we should look mainly at domestic politics to explain liberalization). Domestic politics may explain why a particular state liberalizes at a particular time, but only international variables can explain why there are trends toward liberalization at certain times.
This chapter looks mainly like a revival and adaptation of dependency theory.
Four factors structure how international pressures affect liberalization.
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