Robert Putnam came up with the theory of the two level game, which basically posited that you ought to be able to see the constraints on a head of state by looking to the win set on two levels, that is, the overlap of the favored outcomes that could be obtained in negotiations with other countries and favored outcomes that could be obtained by negotiation with domestic constituencies. Appropos of that, here's two Times forward-lookers, one assessment of how Christopher Dodd's retirement will affect the prospects for financial regulatory reform, and one setting forth the schedule for a global overhaul of rules ... and when you're talking about the global win set, don't forget what the Basel Committee has in mind.
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