How can Europe, the United States, and Japan stop the technological, trade, and financial war on which they have increasingly and wastefully embarked? How can they direct the development and uses of science and technology and the economy in the interests of the well-being of the 8 billion people who will inhabit the planet in 2010-2020? Limits to Competition boldly frames international political economy and globalization debates within the new overarching ideology of competition and offers a balancing voice.

The word compete originally meant "to seek together," but in our time it has taken on more adversarial connotations and has become a rallying cry of both firms and governments, often with devastating consequences. Limits to Competition explores the question of whether free-market competition can indeed deliver the full range of needs for sustainable development. Is competition the best instrument for coping with increasingly severe environmental, demographic, economic, and social problems at a global level?

Western analysts have become increasingly alarmed with Russia's assertive foreign policy -- in both the economic and the political/strategic spheres -- toward the new states of the former Soviet Union. Many have cited Russia's military interventions in Georgia, Tajikistan, and Moldova as signals of Russia's new imperialist designs. Russian policy toward the Baltic states has also spurred alarm. While Russian troops pulled out of the Baltic states as planned, the Russian Foreign Ministry has nonetheless threatened economic sanctions against Estonia and Latvia if citizenship rights for Russians are not further delineated in these states. Beyond the territory of the former Soviet Union, Russian assertiveness regarding sanctions against Serbia, NATO expansion, and arms trade with developing countries has compelled several analysts to speak of a renewal of Russian expansionist tendencies and hence a return of Cold War tension between West and East.

International regimes are systems of norms and rules agreed upon by states to govern their behaviour in specific political contexts or `issue areas' whether this be trade policy, proliferation of nuclear weapons, or the control of transboundary air pollution in some region of the world.

In a competitive international society increasingly faced with issues that transcend the physical and political limits of individual states they are an outstanding example of international governance, and central to any analysis of world politics.

In this volume, experts from the USA and Europe join forces for the first time for a rigorous exploration of the concept of international regimes. They discuss the fundamental conceptual and theoretical problems of regime analysis, study how regimes are formed and how they change, examine approaches to explaining the success or failure of attempts to form regimes, and look at the consequences of regimes for international relations.

As Japan's newfound economic power leads to increased political power, there is concern that Japan may be turning East Asia into a regional economic bloc to rival the U.S. and Europe. In Regionalism and Rivalry, leading economists and political scientists address this concern by looking at three central questions: Is Japan forming a trading bloc in Pacific Asia? Does Japan use foreign direct investment in Southeast Asia to achieve national goals? Does Japan possess the leadership qualities necessary for a nation assuming greater political responsibility in international affairs?

The authors contend that although intraregional trade in East Asia is growing rapidly, a trade bloc is not necessarily forming. They show that the trade increase can be explained entirely by factors independent of discriminatory trading arrangements, such as the rapid growth of East Asian economies. Other chapters look in detail at cases of Japanese direct investment in Southeast Asia and find little evidence of attempts by Japan to use the power of its multinational corporations for political purposes. A third group of papers attempt to gauge Japan's leadership characteristics. They focus on Japan's "technology ideology," its contributions to international public goods, international monetary cooperation, and economic liberalization in East Asia.

In this volume, fourteen distinguished specialists in international policy economy thorougly explore the concept of international regimes--the implicit and explicit principles, norms, rules, and procedures that guide international behavior. In the first section, the authors develop several theoretical views of regimes. In the following section, the theories are applied to specific issues in international relations, including the General Agreement on Tariffs and Trade and on the still-enduring postwar regimes for money and security.