000			01375nam a22001457a 4500
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100			_aAidt, T.S., Albornoz, F. and Hauk, E. _929639
245			_aForeign influence and domestic policy
260			_aJournal of Economic Literature
300			_a59(2), Jun, 2021: p.426-487
520			_aIn an interconnected world, economic and political interests inevitably reach beyond national borders. Since policy choices generate external economic and political costs, foreign state and non-state actors have an interest in influencing policy actions in other sovereign countries to their advantage. Foreign influence is a strategic choice aimed at internalizing these externalities and takes three principal forms: (i) voluntary agreements, (ii) policy interventions based on rewarding or sanctioning the target country to obtain a specific change in policy, and (iii) institution interventions aimed at influencing the political institutions in the target country. We propose a unifying theoretical framework to study when foreign influence is chosen and in which form, and use it to organize and evaluate the new political economics literature on foreign influence along with work in cognate disciplines. – Reproduced
773			_aJournal of Economic Literature
906			_aECONOMIC AND SOCIAL DEVELOPMENT
942			_cAR