Description
The Future of International Economic Integration: The Embedded Liberalism Compromise Revisited offers a comprehensive examination of one of the most influential frameworks in international political economy. Originally conceived in the post-World War II period, embedded liberalism sought to reconcile the benefits of free trade with the need for domestic social and economic protections.
Gillian Moon and Lisa Toohey explore how this foundational compromise has adapted and transformed in response to contemporary challenges including globalization, financial crises, and shifting geopolitical dynamics. The authors analyze the tension between international market integration and national policy autonomy, questioning whether the embedded liberalism framework remains viable in the 21st century.
Through detailed case studies and theoretical analysis, this work contributes significantly to debates in international economics, political economy, and governance. It is essential reading for scholars, policymakers, and anyone seeking to understand the complex relationship between global markets and domestic welfare systems.
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