Abstract
All states are continuously in the process of adjusting to change in the political economy of international and national systems. Problems inherent in this adjustment process are a basic source of national behavior and international conflict. The heuristic model presented in this paper provides systematic explanations for the strategic choices that states make in the adjustment process. Through the specification of the range of strategic options and of the formal interests of states, new insights are gained concerning the articulation between national and international political economy. Empirical cases are drawn from the politics of energy adjustment in the 1970s.

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