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SAN MARINO AND THE CONCEPT




        OF TRUST BETWEEN NATIONS



        [continued from page 1]               it’s being exploited by China. Despite   of a foreign policy founded on trust—in
        But the agreement does not affect the right    this, trust is real between countries and   particular whether heads of state have the
        of the Republic of San Marino to      plays a key role in international relations.   right to enter into open-ended agreements
        continue to issue gold coins denominated in  Professor Stiles writes extensively about   that put their citizens at risk.
        Scudi (legal value of 1 gold Scudo is 37.50   the notion of trust and suggests that where
        euros). Gambling is legal and regulated   it does exist, it emerges from a confluence   Stiles begins his analysis by developing
        starting in 2007. There is currently one   of strategic, social, and ideational factors.   a multidimensional definition and
        legally operating casino in San Marino.   But those countries who do not trust   operationalization of trust that he relates
        In exchange for these limitations, Italy   others, are not necessarily on a path that   to international law, international conflict,
        provides San Marino with an annual    undermines international cooperation and   trade, and realism, liberalism, and
        stipend, and at cost, sea salt (not more   solidarity. (pp. 1-2, Trust and Hedging in   constructivism. He follows this with an
        than 250 tonnes per year), tobacco    International Relations, Stiles). Again, the   imaginative research design that explores
        (40 tonnes), cigarettes (20 tonnes) and   U.S. does not trust China or Russia, but   the trust found in the associations between
        matches (unlimited). At the border there   the two countries still have broad areas of   smaller and larger states, focusing first upon
        are no formalities with Italy. However,   agreement where cooperation exists.   European microstates and then on the
        at the tourist office visitors can purchase                                relationships between the United States,
        officially cancelled souvenir stamps for   Looking at how relationships between   Russia, and China and several countries
        their passports. Under these restrictions,   European microstates and their partners   that have relied on these dominant
        San Marino is thriving. Italy and tiny   have evolved over the past few centuries,   members of the international system.
        San Marino have a relationship of trust   Stiles finds that rather than trusting,   Stiles examines the role such international
        and cooperation. While most agree that   most microstates are careful to hedge   institutions as the European Union, the
        global cooperation is desirable, and that   in their relations by agreeing only to   Organization for Economic Cooperation
        trust between nations large and small is   arrangements that provide them with   and Development, and the United Nations
        critical to ensure a world that is safe and   opt-out clauses, heavy involvement in joint   play in building trust and providing
        productive, fear of being exploited usually   decision-making, and sunset provisions.   smaller countries with a hedge against
        takes precedence.                     In the process, Stiles assesses the role of   the adverse effects of an over reliance on
                                              rationality, social relations, identity politics,   more powerful actors. In a world where
        Current opposition to free trade on both   and other theories of trust to demonstrate   trust between nations clearly benefits all by
        sides of the Atlantic, for example, stems   that trust is neither essential for cooperation  enhancing trade and goodwill, hedging and
        largely from the sense that countries are   nor a guarantee of protection and safety.   strategic thinking are always critical.
        being exploited. The U.S. currently feels   Finally, he explores the ethical implications


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