PSCI 230X Final Flashcards
the political economy is the study of what and what
power and wealth
what is the study of power and wealth among states and other international actors
International Political Economy
according to realism what is greater than wealth
power
according to realism why is wealth important
it can buy power
what would the policy prescription be for someone prescribing to realism (2)
states should build and guard their wealth for security and power
usually in the form of some kind of managed interdependence
for a realist, what are the goals domestically and internationally
domestic protection
international superiority
according to liberalism what is greater than what
wealth is greater than power
what are the general tenets of liberal IPE theories
Due to human nature, wealth > power
Collective prosperity, absolute gains
what is the policy prescriptions of liberal IPE theory
states should cooperate to build wealth and spread capitalism
the policy prescriptions of Liberal IPE theory explains that states should cooperate to build wealth and spread capitalism. what are the four specific ideas associated with the spread of capitalism
minimal domestic market regulation
international free trade based on comparative advantage
free movement of goods money and people
harmonize policies internationally
when questioning why states trade with one another, what do economic liberals place emphasis on
comparative advantage (specialization)
when questioning why states trade with one another, economic liberals place emphasis on comparative advantage and what else (2)
spreading and engaging in free trade internationally
free trade in land labor and goods
what is the concept of comparative advantage
everyone focus on what they are good at
what is the concept of competitive advantage
which advantage do economic liberals focus on
comparative advantage
which advantage do economic nationalists focus on
competitive advantage
what can be used to create competitive advantage according economic nationalists
trade barriers
what is a tariff
taxes on imports
what are examples of non tariff barriers
subsidies
quotas
embargos and sanctions
according to economic liberals, what are the effects of trade interdependence
the more interdependence the less conflict
according to economic liberals, the more interdependence the less conflict because … (2)
everyone is better off
there is more to lose
according to economic nationalists, what occurs out of greater amounts of interdependence
more conflict
in terms of economic national thought related to trade interdependence, why does more conflict occur
more to negotiate due to relative gains issues
more sources of leverage
what is meant by monetary stability (2)
the price of money in terms of interest rates and exchange rates
why is stability good
confidence in domestic and foreign markets
why is stability illusive according to economic liberals
market conditions
weather
new inventions
prevailing technology
why is stability elusive according to economic nationalists
protectionism
what are the two ways exchange rate stability is achieved
national policies
international cooperation
in terms of US of Chinese economic problems, what are the factors that could cause a breakdown of interdependence
competitiveness
demography
disease
climate change
in terms of international politics, what are factors that could cause a breakdown of interdependence
bipolarity during cold war
decoupling
what is one human cause of environmental problems
population size and growth
why is population size and growth harmful to the environment
overuse of natural resources
when was population size and growth considered to be the main reason for environmental issues
the 60s and the 70s
what is now the focus for the human causes of environmental problems?
human activity
what are the two most detrimental human activites
overuse of resources
emissions
what items of regulation would keep use within sustainable limits
improve understanding to encourage better self regulation
impose government regulation
provide incentives for business to develop more sustainable options
why is it difficult to institute international solutions to overuse and pollution
international anarchy means there is no blanket policy
what are three international actions that have been instituted to reduce climate change
1992 rio earth summit
1997 kyoto protocol
2015 Paris agreement
what is the general idea behind the north south gap
the gap between most and least well off actors
for a structuralist realist or an economic nationalist what is the difference between the north south gap
difference in relative power among states
for a structuralist realist or an economic nationalist what is the cause of the north south gap
international anarchy plus the differences in relative capabili
for a structuralist realist or an economic nationalist what is the cause of the north south gap
international anarchy plus the differences in relative capabilities
for economic liberals what is the definition of the north south gap
difference in wealth among rich states and people and poor states and peopl with an emphasis on the people
for economic liberals, what causes the north south gap
socialism leads to poverty and war
for marxists what is the definition of the north south gap
difference in socio economic well being among rich and poor people and states with emphasis on people
according to marxists what causes the north south gap
capitalism
according to political liberals what is the definition of the north south gap
difference in overall human well being among most developed and less developed states
according to political liberals, what is the cause of the north south gap
authoritarianism
