The Political Economy of the United Nations Security Council

Money and Influence

Nonfiction, Social & Cultural Studies, Political Science, International, International Relations, Business & Finance
Cover of the book The Political Economy of the United Nations Security Council by James Raymond Vreeland, Axel Dreher, Cambridge University Press
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Author: James Raymond Vreeland, Axel Dreher ISBN: 9781139948906
Publisher: Cambridge University Press Publication: May 29, 2014
Imprint: Cambridge University Press Language: English
Author: James Raymond Vreeland, Axel Dreher
ISBN: 9781139948906
Publisher: Cambridge University Press
Publication: May 29, 2014
Imprint: Cambridge University Press
Language: English

Trades of money for political influence persist at every level of government. Not surprisingly, governments themselves trade money for political support on the international stage. Strange, however, is the tale of this book. For, in this study, legitimacy stands as the central political commodity at stake. The book investigates the ways governments trade money for favors at the United Nations Security Council - the body endowed with the international legal authority to legitimize the use of armed force to maintain or restore peace. With a wealth of quantitative data, the book shows that powerful countries, such as the United States, Japan, and Germany, extend financial favors to the elected members of the Security Council through direct foreign aid and through international organizations, such as the International Monetary Fund and the World Bank. In return, developing countries serving on the Security Council must deliver their political support … or face the consequences.

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Trades of money for political influence persist at every level of government. Not surprisingly, governments themselves trade money for political support on the international stage. Strange, however, is the tale of this book. For, in this study, legitimacy stands as the central political commodity at stake. The book investigates the ways governments trade money for favors at the United Nations Security Council - the body endowed with the international legal authority to legitimize the use of armed force to maintain or restore peace. With a wealth of quantitative data, the book shows that powerful countries, such as the United States, Japan, and Germany, extend financial favors to the elected members of the Security Council through direct foreign aid and through international organizations, such as the International Monetary Fund and the World Bank. In return, developing countries serving on the Security Council must deliver their political support … or face the consequences.

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