Jeffrey W. Taliaferro
Balancing risks
- ISBN 13:
- 9780801442216
- author:
- Jeffrey W. Taliaferro
- format:
- HardBack
- publisher:
- Cornell University Press
- language:
- English
- Publication Year:
- 2004
- Pages:
- 336
- Dimensions:
- 24.84 x 15.49 x 2.59 centimetres
- Genre:
- Business, Labour, Nonfiction,
- Condition:
- New
- Availability:
- Item usually sent within 10 working days
Description
Balancing Risks: Great Power Intervention in the Periphery by Jeffrey W. Taliaferro explores why powerful countries engage in risky military and diplomatic actions in distant regions, often leading to prolonged and costly conflicts. Taliaferro argues that senior officials' refusal to accept losses in their state's relative power, international status, or prestige drives such interventions. Instead of cutting their losses, leaders continue to invest heavily in failed excursions into the periphery. This book presents a "balance-of-risk" theory of foreign policy, combining defensive realism and prospect theory, and illustrates its power through case studies of Germany's Moroccan crises, the Korean War, Japan's Sino-Japanese war, and decisions leading up to war with the US.