上游充通大粤 SHANGHAI JIAO TONG UNIVERSITY 1,Three Questions Q1,How does the economy work? Argues that functioning of markets NOT NEUTRAL Market outcomes determine the relative wealth and power of states in international politics States must focus on the distribution of gains (relative gains)from economic activity (Liberals emphasize absolute gains) State must take action to tip market outcomes in their favor!!! SHAN1, Three Questions Q1, How does the economy work? Argues that functioning of markets NOT NEUTRAL Market outcomes determine the relative wealth and power of states in international politics States must focus on the distribution of gains (relative gains) from economic activity (Liberals emphasize absolute gains) State must take action to tip market outcomes in their favor!!!