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Unformatted text preview: Proponents of system-level theories argue that these sorts of constraints and opportunities can explain South Korea’s decision to adopt EOI and Brazil’s decision to employ unorthodox responses to the debt crisis better than domestic or bureaucratic factors. Do you agree with this position? What shortcomings might exist with a purely systemic explanation in these two cases? 2. Those who stress domestic level politics in their explanations of foreign economic policies look at the two cases we have covered so far (South Korea’s decision to adopt EOI and Brazil’s decision to implement unorthodox responses to the 1980s debt crisis), and have to be pleased. They would emphasize that in these two cases, the overriding factors shaping these two decisions can be found in the political coalitions emerging from earlier development strategies. What would such an explanation look like? How persuasive is it? What might be missing?...
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This note was uploaded on 02/27/2012 for the course BUSINESS 101 taught by Professor All during the Spring '09 term at McGill.
- Spring '09