Politics exam 1102 Flashcards
What are the main assumptions of idealism
- The nature of a state is good - comprised of people that are inherently good
- Collaboration of other states is possible
- A lack of knowledge causes war
What are the main assumptions of realism
- The nature of a state is bad
- Collaboration between other states is not possible
- Balance of power
- Maximisation of national interest
Realism: What causes/prevents war?
- Inability of a state to appreciate its limits
- Natural phenomenon
- Alliances form to prevent war
What are the assumptions of Neo-Realism?
The structure of the international system forces the state to behave in certain ways
International political economy (question?)
How are power and wealth related in the distribution of scarce resources
Explanation of IPE
Not a single approach or a set of approaches - its proponents are borrowed from many other fields, and it is by definition interdisciplinary.
What are the three main approaches of IPE?
- Statism
- Critical
- Liberalism
What are the core assumptions of IPE?
- Political and economic domains can’t be separated
- There is an intimate connection between the domestic and international level of analysis - the 2 can not be meaningfully separated
- Political interaction is one of the principle means through which the economic structures of the market are established and in turn transformed
Pre 1914 economy - (three points)
- Infant world emerged in the late 15th and early 16th centuries - by monarchs increasing wealth and power by extending their market through the building of empires
- Industrial revolution facilitated the movement of goods, people and ideas - saw millions of people migrate along with substantial capital flow
- Gold standard (price of currencies) was fixed - creating certainty for trade
Key points:
- IPE is the study of the relationship between economics and politics in world affairs
- States acting in a coordinated manor to manage trade and investment leads to high economic growth
- The US, as the hegemony, has played a central role in shaping the global economic governance since WWII
- Crisis has served as a transition point by promoting reforms in economic governance
When did Japan replace the UK as Australia’s main trading partner
1966/67
What was the “Asian Miracle”
Unprecedented economic growth _ development
What did Keating say about the ‘Asian engagement policy’
More then just economics - political, cultural and social links
Examples of regional institutional building
APEC, APC and the ARF - rather ineffective expressions of this
Who’s Australia’s current #1 trading partner
China
What is a security dilemma?
When one state increases its security so that it causes other states to fear aggression and increase their security - leading to a domino effect and potential for war/conflict
E.g. COLD WAR
What is geopolitics about
About security, grand strategy and important of geography
How bas ASEAN reflected geopolitics lately
responding to the actions of great powers in the broader Asia Pacific region
When was ASEAN founded
1967