Neoliberalism Flashcards
what is the central concern of neoliberalism?
how to achieve cooperation among states and other actors in the international system
when does international cooperation happen?
when states change their behaviour to the one that is expected or in line with other states
how are structural realists different from neoliberalism?
the developments of 20th century make international cooperation more possible. structural realists see the anarchic system as unchangeable which drives states to act fearfully and non cooperatively.
what role do international organizations and regimes play in neoliberalism?
they facilitate cooperation among states
international regimes
a set of implicit or explicit principles, norms, rules and decision-making procedures that international actors adhere to.
how does neoliberalism view states
the see states as unitary bodies that are rational and utility maximizing, they are a unified entity with specific goals not an accumulation of individual goals.
rationality
states look at the cost and benefits of certain actions and the choose based on the one with the highest pay off, they are strategic and look at the behaviour of other players and look at their pay-offs as well.
what IR liberal theory is neoliberalism based on
the belief that the world can progress and that collective benefit can be obtained when we apply human reasoning.
are neoliberal idealists
No because they recognize that cooperation can be hard but they see how international institutions can help this cooperation come about.
who wrote the foundational texts of neoliberalism
Robert Keohane and Joseph Nye’s Power and Interdependence
who outlined the concepts of regimes in their book
Stephen Krasner, International Regimes, he developed the idea that just because states are selfish doesn’t mean they cannot cooperate with each other.
critics of neoliberalism
state-centric approach ignores domestic politics
rationality assumes that the effects of state action was always intended, when the intention was different.
what are the two historical developments in the twentieth century neoliberals use to make prove realism wrong
development of interdependence because to tech and industry advances, it has the ability to pacify states because they do not want to forfeit certain relationships
hegemonic stability that the US provided after the 2nd WW. They created the UN to create international stability .
interdependence
mutual dependence of states in which actions and interests are intertwined. There may be unintended consequences of this partnership but they participation’s intention is to have positive outcomes from both outcomes
Hegemonic stability
When one hegemonic power creates stability in the international system and has interests similar to others and creates international regimes to establish those interests.
