1/67
Looks like no tags are added yet.
Name | Mastery | Learn | Test | Matching | Spaced | Call with Kai | Chat |
|---|
No analytics yet
Send a link to your students to track their progress
Mercantilism
economics is a tool of politics, a basis for political power
see international economy as an arena of conflict between opposing national interests rather than cooperation
economic cooperation: zero-sum game
have to worried about relative gains since material wealth accumulated by 1 state can serve as a basis for military-political power which can be used against other states
active government
economics subordinate to politics
capitalism the best
popular in countries that lagged behind Britain in industrial development, felt urgently need to catch up industrially t
Marxism
where ecnonmy is the site of human exploration, class inequality
industrial workers, proletariat, should rise and revolution to create a stateless classless, equal society’
developed into dependency theory
dependency specific situation which a country’s economy is conditioned by another country’s economic condition
divides world into 2 camps” center and periphery where center is developing nations with high value industrial products, peripheral is underdeveloped that provide raw materials and always remain poor
framework:
states are not autonomous driven by uruling class interest
capitalist states r primarily driven by the interests of their respective bourgeois, so struggles between states in war should be seen In the economic context of competition between capitalist classes of diff states
reduces state to a simple tool in hands of of the ruling class
CAPITALIST THE BEST SYSTEM
economic liberalism
Adam smith
human rationality - selfish, egoistic, interested in maximizing their selfish iterest
free market is the best system that improves individual welfare
proposed small gov (think of Locke with limited gov)
positive sum game - everyone gains more than what they put in because free marketplace increases effeciency
international political economy
dynamic interaction between state or politics, and the market or economics , how to distribute public goods, how the private sectors respond to government economic policies
Heckshcer-Ohlin model
each state has abundant + scarce factors
Us abundant of highly educated, so there wages go up but wage of hs grads stay same since they are scarce factors
opposite for china
lose factor for scarce factor owners
protectionist economy policy voices come from factors of scarce resources
abundant wins from free trade, while scarce loses
analyzing policies 3 different
Indiv - individual political leaders, human nature, their perceptions, their personal psychologies, level of knowledge
state - domestic policies whether democratic or author regime, ideology of the country
integration - highest level, how much power a country has against other nations
rational actor model
unified actor (the policymakers)
objective: maximize national interest, policymakers will identify all foreign policy problems, list all possible sets of policy options, rank possible options form best to worst, by conducting cost benefit analysis, maximize country’s strategic interest
realist
Organizational model
Main actor: gov orgs that follow established procedures
gov perceives problems through organizational sensors, means diff gov orgs acquire diff info
each org has limited info
due to the SOP model that adopts their predecessors policymaking patterns, there is limited flexibility
since they adopt, perceptions are quite stable continue to last for a long time
bureautctic
India gov official + bureaucrats (pres, cabinet members) r the main actors
objective: to advance each bureaucrat’s or agency’s interests, influence, prioritizes while also considering national interest
process: decisions resulting from bargaining, negotiation, compromise, political competition among officials
“where you stand depends on where you sit”
officials policy preferences are shaped by the responsibilities and interest of the office or position they hold
difference between Marxist + realist analysis
-both agree on perennial completion + conflict between states
reduces state to a simple tool in hands of the ruling class
neo-Marxist (Cox)
concept of hierarchal structures
material capabilities, ideas, institutions itnteractions
interactions between social forms, forms of state + world orders
Wallerstein
world system analysis
political and economical structures being tied together
similarity between Wallerstein’s world analysis + Waltz’s neorealist analysis
both focus on system rather than single units or countries
both see system as hierarchy with weak at the bottom
hegemonic stability theory
stemming from mercantilism - dominant military + economic power politics in charge of economics
liberal element - dominant power does not merely manipulate international economic relations for its own sake → creates an open world economy based on free trade, to the benefit of all participating states, not only hegemon
international economy works better where there is 1 dominant power willing and able to keep markets open, enforce the rules of international trade, provide stability during economic crisis
without hegemony: countrys more likely to act in their own self-interest by raising tariffs, restricting trade, competing ecnomically
requires control over raw material, capital, markets, hegemony’s competitive advantage in the production of goods that can command a very high value
creates free riding, which is why hegemony is required to punish
arguments that us hegemony still in place
pop cultural w/ universal appeal e.g films, internet, TV, American lifestyle attractie
strong in traditional fungible power resources (military, economy, tech, territory)
strong in most advanced, information-rich industries,
4 tigers
South Korea, Taiwan, Singapore, Hong Kong (they experiences rapid economic growth combined with world market integration)
globalization
spread and intensification of economic, social, cultural relations across international borders or borders of space and time
mercantilist don’t believe
globalization has happened
history for Clinton
90s, US only superpower left
economy at largest
defense spending largest
soft power, especially non-materialistic leadership capabilities pretty dom
total freedom of action, no serious enemy
American public not willing to go outside since US economy doing great
so focused on expanding free market economy
Clinton globalizing American 4 points
strengthening community of market democracies, strengthen cooperation among established democracies
foster + consolidate new democracies + market ecnomies
counter aggression + support liberalization of states hostile to democracy, so expand democracy to non-democratic state
help democracies + market economics take root in regions of greater humanitarian concern
en-en strategy
Clinton’s strategy of economic + democratic enlargement
economic engagement
expanding American style liberal market economy
communist command economics collapsed
good economic policy= good foreign policy
Bush context
after 9/11
state political regime type shapes foreign policy (good =dem) bad=autocracy
external threats can be defeated by new + vigorous policies, preventive war, offensive capabilities
willingness to act uniliterially if necessary
ex. Iran, bush went to war without UN support
future first challenge
economic globalization + inequality
after Cold War
middle class destroyed by globalization domestically + internationally
Global North
largely consolidated + stable democracies, technologically advanced, economically wealthy
low or minus population growth
Global South
authoritarian dictatorship, unstable, new , backward, poor
high pop growth
immigration policies?
migration from S to N
quasi (failed) states
main source of terrosim
states that have not yet achieved sovereign statehood
legally sovereign, but central gov not able to control territory or people
main source of civil war + domestic violence, terrosim
terroism
unlawful use or threatened use of violence against civilians
4 types of terrosim
state
international
anti-state
domestic
state terroism
gov violent terror against its own citizens
gov of physical violence
international terrosim
state supported + state terroist groups attacking other states
anti-state terroism
non-state actors, domestic individuals make terroist groups + conduct violent acts against their own state
domestic terroism
group w/ no ties to another state conduct terror within its own state, domestic violence
how to respond to terroism
devolution
international cooperation
security
devolution
reducing the causes of terroism
target terroism causing societies by promoting democracy, expanding free market, tackling poverty + inequality in this eterroism
international cooperation
strengthen interstate cooperation to prevent terroist attacks like NPT (nuclear non-proliferation)
security
strengthen anti-terroism military units + intelligence efforts within a state, securing borderline , controlling transportation, food, orhter industrial facilities
3rd challenge: China’a Rise
international structural change from unipolarity to G2 era by US + China
Chinese ideology
Chinese modern day ideology or mindset mixture of glorious past + century of humilation
glorious past meaning China for thousands of years becoming zhongguo (center of universe, Middle Kingdom)
source of everything, all civilizaition + culture, so China has a sense of glorious past
China mid 19-20th century
China fell under imperialist rule, so current Chinese ideologies have very strong, nationalistic tendencies which is anti-imperialism, anti-Western
also have legacy of Communism, Maoism, + 1,000 yr long Confucisous ideology
2001 - China joins WTO , became fully integrated into free market economy
facilitated economic liberalization of China, massive influx of foreign direct investment
G2 era: Chinai increasing, us decreasing
china + US eras of conflict
human rights - US criticized China for human rights violation, US + western world treat human rights as universal value, but for China, its for domestic value, so US tackling this seen by China as a violation of Chinese sovereign right
Taiwan - One China Policy - agreed by US + China by Nixon, however sometimes US supports Taiwan’s growing independent movement, which China seen as a violation of One China Policy
Trade Imbalance, US been suffering from huge trade imbalance, trade deficit against China - traditional deficit is growing
terrotiroail disputes over South China Sea
China been conducting naval expansion in area, China been building artificial island + installing Chinese military bases there
China and US different ideologies
Washington Consensus - smaller gov
Beijing Consenus - socialist gov intervention (about economic freedom + political control)