TERMS&Current Events

TERMS&Current Events - TERMS/IDEAS INTERNATIONAL...

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TERMS/IDEAS INTERNATIONAL TRADE TRADE SYSTEM ESTABISHED AFTER BRETTON WOODS: LAW OF COMPARATIVE ADVANTAGE: PROTECTIONISM: DOHA ROUND SPECIAL SAFEGUARD MECHANISM BALANCE OF PAYMENTS INTERNATIONAL CAPITAL MOBILITY “DOLARIZATION” GLOBALIZATION AND SOCIAL STABILITY (Rodrik) EOI (Export Oriented Industrialization) ISI (Import Substitution Industrialization) REGIONALISM RTA (REGIONAL TRADE AGREEMENT) NONTARIFF BARRIERS NAFTA “WASHINGTON CONSENSUS” EAST ASIAN NICs (ASIAN TIGERS) TOKYO ROUND—RISING MERCANTILISM URUGUY ROUND: NGO (Non Governmental Organization): MULTINATIONAL CORPORATIONS: FDI (Foreign Direct Investment)—Changes since 1950 BALANCE OF POWER (States & MNCs)
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FOREIGN EXCHANGE RATES GOLD STANDARD QUALIFIED GOLD STANDARD (Bretton Woods System) FLOAT/FLEXIBLE EXCHANGE RATE SYSTEM UNHOLY TRINITY (aka MUNDEL TRILEMMA): ENVIRONMENT = COLLECTIVE GOOD CAP AND TRADE ECONOMIC FUNCTIONS OF THE ENVIRONMENT MONTREAL PROTOCOL 1987 KYOTO PROTOCOL COPENHAGEN PARADOX OF GLOBALIZATION DEBT CRISIS 1980s: PRISONER’S DELEMMA IMF (Role in Debt Crisis) DEVELOPMENT (LDCs and the “two faces”) NEOCOLONIALISM ARGUMENT UNCTAD (United Nations Conference on Trade and Development) DEPENDENCY ARGUMENT OPEC POSSIBLE SOLUTIONS—APROACHES TO GOVERNANCE (future scenarios) STRUCTURAL CHANGES IN THE POST-WAR PERIOD CURENT EVENTS Annual East Asian Summit: Should East Asia move towards an “Asian Equivalent” of the EU?— Regional Trade Agreements in Asia
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G20 Fantasy: Will the G20 ever be able to cooperate? Has it become too broad, are there too many countries involved in WTO decisions to arrive at any conclusions? Debt in Dubai: What is the significance for the management of the global financial system? Move from Inter-national model to Globalized model—parts of the world economy have moved towards a “globalized model of world economy”—Border States have become more or less meaningless Economic Sanctions—will they work? Obama and the Copenhagen summit Turkey’s attempts to gain entrance into the EU Lisbon Treaty Role of the dollar in global financial markets Globalization proceeds economy: International finance integration—importance of the dollar, greater integration of stock markets, cross-listing of companies and the development of information technology Prompt 1 Conflict seems a persistent feature of economic relations between sovereign states. Yet only rarely does the international political economy break down into outright economic warfare.
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How can this be explained? [Hint: Your answer should address the reasons for conflict in international economic relations as well as the different approaches that governments have used to try to cope with the challenge of system governance.] Illustrate your answer with examples drawn from the past history and current circumstances of at least two of the issue areas (trade, money, economic development, etc.) that we have studied in this course.
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This note was uploaded on 06/06/2010 for the course POL S 186 taught by Professor Cohen during the Winter '10 term at UCSB.

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TERMS&Current Events - TERMS/IDEAS INTERNATIONAL...

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