Term
neoliberalism institutionalism |
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Definition
-shift in economic interest -media campaigns pressure from Int'l institutions (WTO) |
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realism (theory & climate change) |
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Definition
-US link deforestation to climate talks -remove pressure about emissions -pressure by big Pharma -Brazil saw this as a bargaining tool for assistant |
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behavioral economics/solutions |
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Definition
-social learning...governs our thoughts -habits are important -altruism: "do right thing" -self expectations: commitments matter -loss...adverse...not lose something that is yours -computations: over-estimate risk -involvement: feel involved for change |
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buisnex strategy: Accomdationist |
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Definition
-companies wage a war of positions -epistemically: challenge the scientific & economic regulation -organizationally: "grassroots" -environment is conductive to NGO's |
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why is there no MEA in the WTO? |
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Definition
-CTE to determine relationship b/t MEA and DSB was intervened by Demandeurs who wanted to exempt MEA's but, US met in opposition -*don't want environmental agreements to hurt economic growth |
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Hardin- on "Tragedy of the Commons" |
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Definition
multiple individuals, independent will ultimately deplete a shared limited resource, even if it is not in anyone's longterm interest |
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process of integration and increasing interdependence among economics, societies, and cultures on a global level |
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-China is a nation of developmental contrast -Beijing Consensus so flexible -4 modernizations: agriculture, industry, science, & technology |
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-alternative economic model to Washington Consensus -guides reform for developing countries -problem= communist governments -* innovation, chaos management, self-determination |
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South Korea business form in which global multinationals own numerous int'l enterprises -"conglomerate" -large Korean family orientated groups
Ex- Samsung, LG |
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Korea: domestic structure |
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Definition
-parties change often -President elected term of 5yrs (can't be reelected) ~separated from Nat'l Assembly -NA is universal (249 members) -Prior to reform...hard to distinct business & gov't |
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-SK tries to make itself a hub (busy airports/seaports) -spread of TV & film to advance its name -SK vocal about EAC |
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-tributary state of China ~loyalty to China ~ internal instability -Annexation by Japan ~modernize production ~invasion of Manchuria -used heavy foreign borrowing rather than GDP per capita growth |
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-no voter interest in rural/urban interest in free trade -domestic production vs. fast-food production -reform to proportional voting/representation -make politicians cover more nat'l issues |
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set of companies w/ interlocking business relationships (business group) -each own small operations of shares in each others companies, centered on a core bank (longterm planning in innovative projects) |
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Japan: domestic structure |
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Definition
bi-cameral...larger house of Reps -prime minister selected by Diet -policy research committees *operate w/ independence |
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Japan: regional & global strategy |
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Definition
-Keynsian norms -proxy wars ~nation building ~US security -bid for UN seat -Yoshida doctrine |
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-isolationist shogunate until Meiji Restoration -oligarch rule -rapid industrialization through war license
"growth w/ no losers" |
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4 core components: 1) high savings 2) export orientation 3) human investment 4) industrial focus
-financial repression as a means (5 models) |
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Problems: -corruption -dysfunctional institutions -no good boundaries -exploitation of natural resources |
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relates back to radicalism and that developing countries are dependent |
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skeptics of trade & development |
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Definition
skeptic b/c of misapplication of trade liberalization 1) no market failure & restrictions 2) models show no long term growth 3) liberalizing trade boost GDP |
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-free trade is not enough for growth ~stimulated growth feeds an openness ~openness doesn't have to contradict industrial policies *countries w/ big GDP's grow larger than small ones |
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democracies & development |
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Definition
-leaders are motivated to use taxes in public goods -optimal tax rates -small interest groups *more democratic= protect liberties |
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Ex- NAFTA
deep policy implications for contracting parties ~restricting control over foreign areas |
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"Dynamic time-path" (Domino Effect) |
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Definition
-current PTA's pressure other countries to emulate for fear of loosing out -done either by joining current PTA's or negotiating new PTA |
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manufacturing firms support PTAs b/c they can achieve greater economies of scale in a large market *expansion Ex-European nation=states originating in custom unions |
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cannot increase protection, must cover all trade, and has a 20yr time limit -weakly defined |
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-settle agriculture -est. panels to consider cases -accept or reject panels findings -monitors implementation of rulings |
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Doha Development Agenda ~lower trade barriers in regard to developing countries ~developed countries have hard time implementing WTO agreements |
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transformed the GATT into the WTO ~imposed rules & disciplines on agriculture sanitation & domestic subsidies, ect. |
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ITO proposed but not submitted to Congress b/c weak business support -vary ambitious -Havana Charter: 50 countries negotiated ITO |
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General Agreement on Tariffs and Trade -regulates international trade |
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-most favored nation -national treatment -reciprocity -gradual reduction -fair competition -predictability |
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World Trade Organization -goal is trade liberalization -alongside monetary stability & emlpoyment |
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Hamilton/ List on Infant Industry |
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Definition
intitial protection of a high-producing activity will allow it to grow until it is internationally competitive ~spill over effects |
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Tariffs: price based (WTO preferred) Quotas: quantity based (GATT illegal) Voluntary Export Restriction: quantity based (GATT/WTO illegal; Uruguay Round) |
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Why countries use protection? |
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Definition
-raise revenue -protect labor -cure a deficit -Nat'l defense |
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Term
David Ricardo: Comparative Advantage |
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Definition
Ability of a person to produce a good at lower marginal & opportunity cost; even if one country has an absolute advantage -limits: all goods not traded ~adjustments are sticky ~more factors of production |
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Adam Smith: absolute advantage |
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Definition
Ability of a party to produce more of a good than competitors, using the same resources |
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Adam Smith: absolute gains |
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-country that required smallest amount of inputs to produce a good was deemed to posses absolute advantage -increasing returns by reducing fixed cost leads to productivity |
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-trade deficits are bad -only manufacturing matters -we can't compete w/ the "Chinas" of the world -Exports good, imports bad |
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Term
how do terrorists prevail? |
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Definition
-coercion: ~impose cost on target to insure policy change -provocation: ~attack to create response from target -spoiling: ~spoil peace agreements -outbidding: ~attack to gain support |
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-terrorism is not random -terrorists have political objectives -form of bargaining -negotiations/bargaining w/ terrorists often fail |
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Term
strategic logic of terrorism |
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Definition
-fighting b/t parties of highly unequal militaries ~often small and in need of resources (i.e. Al Qaeda) -organize in cells to keep structure if leader is killed -use coercion |
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systematic use of terror, especially as a means of coercion ~used to instill fear ~partially motivated ~subgroup * most are domestic |
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-ended w/ Korean Armistice Agreement -Kim Dae-Jung's "Sunshine Policy" laid ground work for peace -Lee-Myung-bak: wants to discontinue nuclear programs |
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*mixed success -Khmer Rouge vs. Vietnamese army -US played bask-seat role -China saw economic interest in ending war -UN set up gov't |
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*failed state -state collapse & made no legitimate leader -President shot, fought over leadership (Aideed's) -Clan factions prominent and created trouble to find leader -UN not enough troops |
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-social/economic exclusion (unemployment/education opportunities) -absence of revolutionary ideology -impunity (failure to bring violation to justice) |
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-state led (weak state) -support violence b/c of poor economy=weak soldiers -civilians take resources to kill -creates insurgency |
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war caused by economic rationality -benefits: ~protect $ ~military-higher salary ~pillaging ~labor exploitation |
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kinetic energy rods ("Rods from God") |
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Definition
drop missiles from space onto target |
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ballistic missile defense |
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Definition
laser, orbital kinetic energy weapons -attack missiles in air |
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Term
post-Cold War revival of NUTS |
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Definition
-US withdraw from anti-ballistic missile treaty -decline of nuclear powers -new delivery system (B2 bombers) |
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Definition
withdrew from ABM treaty to allow for US to create anti-missile defense system |
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strategic defense initiative (Reagan) -use ground and space based systems to protect US from attack -can shoot down missiles on reentry to atmosphere |
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country could request US economic assistance and/or aid from US military if they were threatened by armed aggression from another state -prevent Soviet invasion of Western Europe |
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Term
Three ways to launch a bomb |
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Definition
-conventional gravity bombs out of plane -ballistic missiles -air & seas |
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Nuclear Utilization Target Selection |
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Definition
mutual assured destruction -nuclear deterrence |
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Term
war and power transitions |
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Definition
Realism: balance of power leads to deterrence ~alliances balance power/threats
Liberalism: collective security puts down aggressor ~arms control |
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-politicians use violence for victory (dirty hands) -use torture to end war (Ex- colonial war) -moral politicians has dirty hands, immoral ones pretend to have clean hands |
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Judeo-Christian "Just-War Doctrine" |
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Definition
two sets of criteria: -jus ad bellum (justice of war): ~just cause, right intention, objectives, probability of success -jus in bello (justice in war): ~discrimination (don't kill civilians) proportionality (violence must be in line) |
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actors in war: international system |
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Definition
anarchy leads to fear and opportunism -"West vs. Rest" ~ensures aggressiveness |
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-stronger states less likely to go to war (democracies that protect minorities & freedoms) -radicals: capitalism and freedom lead to competition which leads to war |
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-often misinterpretation of individuals -reaction of the masses -self interest threatened |
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war: domestic interest and institutions |
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decisions of war are dependent upon interest of constituents and how those interest are channelled through institutions |
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war is neither natural or necessary but....socialization can lead to war b/c of shared norms and insecurities |
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war ends after socialism takes over -Marxist Theory |
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war: liberalism (democracy) |
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-self-interest leads to interdependence...prevents war -Democratic Peace Theory: ~democracies don't fight ~autocracies have agression |
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-war is inevitable -security dilemma: insecurity leads to arms race -temporarily prevented by hegemony, power transfer makes conflict |
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level of a tariff that maximizes a country's welfare -small open economy tariff= 0 -large country= + |
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preferential trading agreement have potential to create trade by expanding market access ~lower prices to favor PTA partner Ex- Custom Unions/NAFTA |
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multilateral environmental agreement -weak -Montreal Protocol -Koyoto Protocol -3 types: 1) specific 2) specific & optional 3) non-specific |
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economic theory that int'l commerce should increase a state's wealth |
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-environmental protection is predicted on liberal economic & political order linked to economic growth -positive linkages b/t environmental protection policies & economic growth |
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strategy in climate negotiations: China |
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-largest emitter of GHG emissions -1st said responsibility lies w/ developed world, then said green growth is necessary -Hu Jinto makes pledge to use renewables -no legally binding agreements |
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strategy in climate negotiations: the US |
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Definition
-emission, trading, joint implementation, developing country participation -US favors flexibility -powerful lobbies pressure gov'ts -present multilateral negotiations |
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strategy in climate negotiations: the EU |
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-global leader on the issue -successfully reducing emissions -economic difficulties hurt EU in advancement |
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-blend of domestic institutional approach (constructivism & radicalism) -show influence of int'l actors -substainable development w/ market friendly views -* accepts plurality of nature, rejects interstate interation, globalization & development cause crisis |
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