In This Review

Iron Triangles And Revolving Doors: Cases In U.S. Foreign Economic Policymaking
Iron Triangles And Revolving Doors: Cases In U.S. Foreign Economic Policymaking
By Raymond Vernon, Debora L. Spar and Glenn Tobin
Praeger, 1991, 184 pp

Good case studies usually make interesting reading for those who were not actually there. This book is no exception in its accounts of five quite different episodes: the negotiation of the Canadian-American Free Trade Agreement; setting the terms of codevelopment of the FSX fighter with Japan; the adoption of the Brady plan for dealing with international debt; the handling of the Toshiba violations of export controls; and the working out of an international agreement about banking capital. Drawing on these studies, a much larger literature and his own experience, Vernon writes an enlightening analysis of some of the characteristics of foreign economic policymaking and its differences from what is done in other fields.