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Gross Domestic Product- the total market value of all final goods and services produced annually in an economy
-China is trying to extend its maritime limits (EEZ) by building artificial islands and occupying deserted islands such as the spratly islands
-Using Cabbage strategy- surrounding contested islands with boats to block of access
-This is too increase its military presence offshore, get access to the large reserves of natural resources within this area, and try and control trade routes through this area
External Sovereignty
Refers to the capacity of the state to act independently and autonomously on the world stage
Permanent pop. and Defined territories and boundaries, Effective gov., Capacity and legitimacy to enter into relations with other states
The sovereign debt crisis faced by Greece in the aftermath of the financial crisis of 2007-08.
It reached the populace as a series of sudden reforms and austerity measures that led to impoverishment and loss of income and property, as well as a small-scale humanitarian crisis. In all, the Greek economy suffered the longest recession of any advanced capitalist economy to date
Hybrid IGO
-Grows a # of trade and other int. agreements between France and Germany after WWII. Helps Europe politically and economically.