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Challenging the standard liberal explanations for international cooperation in the field of international relations, this book contends that despite numerous efforts and the passage of time, our understanding of the cooperative phenomenon remains woefully inadequate. Sterling-Folker argues that widespread explanatory reliance on what constitutes functionally efficient choices in global interdependence is deductively illogical and empirically unsound. The author's approach for explaining international cooperation is comprised of realist and constructivist insights and places the state, rather than the market, at the center of analysis. A thorough examination of Post-Bretton Woods American monetary policy-making reveals the fundamental flaws of traditional explanations and the superiority of a realist-constructivist alternative to the cooperative phenomenon.

POLITICAL SCIENCE --- Public Policy / Economic Policy --- Money --- Finance --- Business & Economics --- Monetary policy --- Economic policy --- International cooperation. --- International agencies. --- United Nations Monetary and Financial Conference --- United States --- Foreign economic relations. --- Associations, International --- IGOs (Intergovernmental organizations) --- Institutions, International --- Intergovernmental organizations --- International administration --- International associations --- International governmental organizations --- International institutions --- International organizations --- International unions --- Organizations, International --- Specialized agencies of the United Nations --- Cooperation, International --- Global governance --- Interdependence of nations --- World order --- Bretton Woods Conference --- Conférence monétaire et financière des Nations Unies, --- Conferencia Monetaria Internacional de Bretton-Woods --- Conferencia Monetaria y Financiera de las Naciones Unidos --- Monetary and Financial Conference, United Nations --- Rengōkoku Tsūka Kinʼyū Kaigi --- United Nations Monetary & Financial Conference --- United nations monetary and financial conference, --- International cooperation --- Interorganizational relations --- Non-state actors (International relations) --- International organization --- Cooperation --- International relations --- Inter-governmental organizations --- International Cooperation --- International agencies --- Foreign economic relations --- Monetary policy - United States --- Economic policy - International cooperation --- United States - Foreign economic relations