This volume focuses on the effects of the internationalization of national markets on domestic politics.The central proposition of this volume is that we can no longer understand politics within countries without comprehending the nature of the linkages between national economies and the world economy, and changes in such linkages.The central proposition of this volume is that we can no longer understand politics within countries without comprehending the nature of the linkages between national economies and the world economy, and changes in such linkages.Much recent economic analysis has been devoted to exploring the effects of internationalization on macroeconomic policy options, national competitiveness, and rewards to various factors of production. The central proposition of this volume is that we can no longer understand politics within countries without comprehending the nature of the linkages between national economies and the world economy, and changes in such linkages. The authors examine the effect of internationalization on the policy preferences of socioeconomic and political agents within countries toward national policies and national policy-making institutions and on the national policies and policy institutions themselves.Part I. Theoretical Framework: 1. Internationalization and domestic politics: an introduction Helen V. Milner and Robert O. Keohane; 2. The impact of the international economy on national policies Jeffrey A. Friedan and Ronald Rogowski; 3. Internationalization, institutions, and political change Geoffrey Garrett and Peter Lange; Part II. The Industrialized Democracies: 4. Capital mobility, trade and the domestic politics of economic policy Geoffrey Garrett; 5. Economic integration and the politics of monetary policy in the United States Jeffrey A. Friedan; 6. Internationalization and electoral politics in Japan Frances McCall Rosenbluth; Part III. Internationalization and Socialism: 7. Stalin's revenge: institutional barriers to ilĂ&