ABSTRACT
TH E recognition that the state is situated in both domestic and international structures has been unevenly recognized in the interna tional relations literature. It is most evident in the literature on the inter national political economy in general and on foreign economic policy in particular. Since the late 19 70 s, from Katzenstein’s seminal work to the recent special issue in International Organization, we have seen an in creased appreciation of how the state’s foreign economic policies are con ditioned by both systemic and societal forces.1 Thus, explanations of for eign economic policy have steadily modified their systemic biases and advanced more nuanced versions of the state and its societal context in both its theoretical and its empirical dimensions. There is an explicit recognition of the inability of either level of analysis alone to explain the state’s foreign economic policy.
