Roland Vaubel - The Political Economy of International Organizations: A Public Choice Approach

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The Political Economy of International Organizations

The Political Economy of Global Interdependence

Thomas D. Willett , Series Editor

The Political Economy of International Organizations: A Public Choice Approach, edited by Roland Vaubel and Thomas D. Willett

Profit-Making Speculation in Foreign Exchange Markets, Patchara Surajaras and Richard J. Sweeney

Crossing Frontiers: Explorations in International Political Economy, Benjamin J. Cohen

Forthcoming

Speculation and the Dollar: The Political Economy of Exchange Rates, Laurence A. Krause

The European Monetary System and European Monetary Union, Michele Fratianni and Jurgen von Hagen

Growth, Debt, and Politics: The Political Performance of Governments and the Third World Debt Crisis, Lewis W. Snider

International Economic Sanctions, William H. Kaempfer and Anton D. Lowenberg

The Political Economy of International Organizations

A Public Choice Approach

Edited by
Roland Vaubel
and Thomas D. Willett

First published 1991 by Westview Press

Published 2019 by Routledge
52 Vanderbilt Avenue, New York, NY 10017
2 Park Square, Milton Park, Abingdon, Oxon OX14 4RN

Routledge is an imprint of the Taylor & Francis Group, an informa business

Copyright 1991 by Taylor & Francis, Inc.,except Chapter 7 ( J. Michael Finger)

All rights reserved. No part of this book may be reprinted or reproduced or utilised in any form or by any electronic, mechanical, or other means, now known or hereafter invented, including photocopying and recording, or in any information storage or retrieval system, without permission in writing from the publishers.

Notice:
Product or corporate names may be trademarks or registered trademarks, and are used only for identification and explanation without intent to infringe.

Library of Congress Cataloging-in-Publication Data
The Political economy of international organizations: a public choice
approach / edited by Roland Vaubel and Thomas D. Willett.
p. cm. (the Political economy of global interdependence)
Includes bibliographical references.
ISBN 0-8133-7756-0
1. International agenciesEconomic aspects. 2. International
economic relations. I. Vaubel, Roland. II. Willett, Thomas D.
III. Series.
JX1995.P583 1991
341.2dc20 91-3427
CIP

ISBN 13: 978-0-367-29491-5 (hbk)

Contents

1. PART ONE
   The Public Choice Approach to International Economic Issues and Organizations: Theory
2. PART TWO
   Applications

1. PART ONE
   The Public Choice Approach to International Economic Issues and Organizations: Theory
2. PART TWO
   Applications

Guide

The idea for this volume was conceived by Frederick Praeger, founder of Westview Press, who asked Roland Vaubel if he would put together a collection of chapters on the public choice approach to the study of international organizations. Vaubel felt it would be useful to have a coeditor from the United States, and Thomas D. Willett enthusiastically agreed to take on these duties.

The chapters in this volume were presented at a conference held in Claremont in November 1989, as part of a joint Claremont-University of Southern California Conference Series on International Political Economy that was funded in major part by a grant from the Ford Foundation and coordinated by John Odell and Thomas D. Willett, This is the third volume to appear in this series. The first two conferences concentrated on bringing together economists and political scientists to exchange ideas and compare different political economy approaches to the analysis of international trade and monetary policies. These proved to be highly stimulating. Papers from the financial conference were published as a 1988 special issue of the Journal of Public Policy entitled International Monetary Cooperation, Domestic Politics, and Policy Ideas. Papers from the trade conference appeared in John S. Odell and Thomas D. Willett, eds., International Trade Policies: Gains from Exchange Between Economics and Political Science (1990).

In our third conference we adopted a different strategy with all of the chapters reflecting the same broad approach. Discussions were led by economists and political scientists coming from many different perspectives. This interchange among perspectives contributed to lively discussion and substantially enriched the revisions of many of the chapters. We are greatly indebted to the participants in the conference for their contributions to the quality of this volume. We also gratefully acknowledge funding from the Ford Foundation and supplemental funding from the Lincoln Foundation through the Claremont Center for Economic Policy Studiesand substantial help from the staff of the center in organizing the conference and helping with the preparation of the manuscript.

Roland Vaubel
Thomas D. Willett

Patricia Dillon , Associate Professor of Economics, Scripps College and Claremont Graduate School

Ross D. Eckert , Professor of Economics, Claremont McKenna College and Claremont Graduate School

J. Michael Finger , Lead Economist, Trade Policy Division, Country Economics Department, the World Bank

Michelc Fratianni , Professor of Business Economics and Public Policy, Indiana University, Bloomington, Indiana

Bruno S. Frey , Professor of Economics, Institute for Empirical Research in Economics, University of Zurich

Beat Gygi , graduate student at the Institute for Empirical Research in Economics, University of Zurich

Thomas L. Ilgen , Jones Professor of Political Studies, Pitzer College and Claremont Graduate School

Tim Josling , Professor of Economics, Ford Research Institute, Stanford University

H. Wayne Moyer , Rosenfield Professor and Professor of Political Science, Grinnell College

John Pattison , Senior Vice President, Canadian Imperial Bank of Commerce, Toronto

William S. Peirce , Professor of Economics, Weatherhead School of Management, Case Western Reserve University, Cleveland

Friedrich Schneider , Professor of Economics, University of Linz, Austria

Rodney T. Smith , Associate Professor of Economics, Claremont McKenna College and Claremont Graduate School

Roland Vaubel , Professor of Economics, University of Mannheim, Federal Republic of Germany

Hannelorc Weck-Hannemann , University of Konstanz, Germany, and University of Zurich, Switzerland

Thomas D. Willett , Horton Professor of Economics, Claremont McKenna College and Claremont Graduate School.

Roland Vaubel and Thomas D. Willett

As the world has grown smaller through advancements in transportation and communication, the number of international organizations has grown rapidly. Some have global membership. Others have regional or limited functional memberships. These organizations deal with an incredibly wide range of issues and range from national security and military alliances through major international economic organizations such as the International Monetary Fund, World Bank, GATT (General Agreement on Tariffs and Trade), and the European Community to the International Postal Union and a variety of organizations dealing with health, environmental, and other humanitarian concerns.

At one extreme such organizations have been idealistically viewed as our major hope for overcoming selfish nationalist concerns and recognizing the kinship of all peoples. At the other extreme they have been seen as agents of exploitation imposing the will of the strong on the weak or as vehicles for the self-aggrandizement and provision of comfortable conditions for the bureaucrats who run them. Along another dimension some commentators have viewed international organizations as powerful instruments for good or for bad; others have argued that they have little real effect.

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