Description
Book SynopsisPhillip Y. Lipscy explains how countries renegotiate international institutions when rising powers such as Japan and China challenge the existing order. This book is particularly relevant for those interested in topics such as international organizations, such as United Nations, IMF, and World Bank, political economy, international security, US diplomacy, Chinese diplomacy, and Japanese diplomacy.
Trade Review'Phillip Y. Lipscy shows, using rationalist theory, that variation in competition among international institutions explains variation in their willingness to undergo fundamental institutional change. Renegotiating the World Order is a theoretically innovative and empirically impressive book on an important topic.' Robert O. Keohane, Princeton University, New Jersey
'Why is it that some international institutional arrangements respond in flexible ways to changes in the distribution of power whereas others do not? Lipscy offers an original and persuasive answer to this question that troubles both policymakers and theorists. This book is a must read for anyone interested in understanding the past and future of international organizations.' Eric Voeten, Georgetown University, Washington DC
'How will rising states such at Brazil, China, and India seek to reshape the global order? Will they be responsible stakeholders working within the existing Western-led order, or will they be revisionists seeking to overturn it? … Lipscy provides the most elegant and systematic explanation yet for these diverse and shifting choices.' G. John Ikenberry, Foreign Affairs
'Lipscy's book provides well-written historical accounts with a compelling theory that provides both an academic case as well as fruitful insight for policy-makers.' Felicity Vabulas, Review of International Organizations
Table of Contents1. Introduction; 2. A theory of institutional change; 3. The International Monetary Fund and the World Bank; 4. Japan in the International Monetary Fund and the World Bank; 5. INTELSAT; 6. ICANN; 7. The League of Nations and the United Nations Security Council; 8. Policy area discipline: development institutions and regional integration projects; 9. China-Taiwan competition over international organizations: a placebo test; 10. Conclusion.