ABSTRACT

The classical pluralist model of politics suggests that government policies are the result of the aggregation of domestic interests, the government itself simply performing the functions of a cash register--adding up the pluses and minuses. One need not, of course, take such an extreme view of the importance of interest groups; rather, one may simply ask how important were domestic interest groups in determining the decisions or implementation of the capital control programs. As a specific hypothesis, one would ask whether or not an examination of the interests and relative power of interested groups would lead one to predict that capital controls would be adopted.