IPE Session 1 slides Intro

IPE Session 1 slides Intro - Session1 1...

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 Session 1  1 International Political Economy…. • How STATE decisions alter the creation and distribution of wealth • How MARKET outcomes influence political decisions • How both interact within particular SOCIAL and POLITICAL  frameworks • Political Economy thus deals with the intersection of politics and  economics -- how STATES and MARKETS interact to shape the  GLOBAL ECONOMIC SYSTEM Key Actors • States (National Governments) • International Organizations (WTO, IMF, World Bank) – Regimes: Decision-making structures [IGOs] and norms of  interaction • Non-State Actors (NGOs [aid organizations]; MNCs [Exxon; Nokia,  etc.) • Citizens/Consumers STATE : A political actor with four traits. • Territory • Population • Government • Sovereignty NATION : A group of culturally, historically, linguistically, ethnically, etc.  Similar peoples who feel a communal bond • May or may not have a state Economics and Markets • ECONOMICS: The study of choices regarding the allocation of scarce  resources.  • MARKETS: A method of allocating resources using prices as the  central mechanism.
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 Session 1  2 The International State System • Interactions among states as a whole can be conceptualized as the  international system. • A SYSTEM in a general sense refers to a set of interrelated units and a  pattern of interaction among them.  
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This note was uploaded on 05/21/2010 for the course X 110 taught by Professor Xyz during the Spring '10 term at Louisiana College.

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IPE Session 1 slides Intro - Session1 1...

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