Wk 5 neoliberalism - 1. Anarchy: cooperation under anarchy...

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Theoretical Lenses of IR Neoliberalism
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From Liberal Internationalism to Neoliberalism ± Realist ascendancy dominated IR from WWII ± Liberal Institutionalists undermined by Cold War
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Neoliberalism Institutionalism: Counterpoint to Neorealism ± Robert Keohane, After Hegemony 1984 ± Aimed to critique neorealism on its own assumptions ± Refute claims of non-cooperation BUT NOT SELF INTEREST ± Explain how and why states cooperate in the international system
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Keohane’s central argument 1. State central actor in int system 2. States exist in an anarchic int system 3. States will always behave in a way that maximises its utility (rationally) 4. States will do so through cooperation 5. Int. Institutions and regimes continue to exist after hegemony because they help states realise their goals
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How does Neoliberalism explain conflict? ± Lack of Information ± Free-riding (eg Stag Hunt) ± Shadow of the Future & Issue-linkage (tit-for-tat strategies)
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How does Neoliberalism explain cooperation in the int. system?
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Unformatted text preview: 1. Anarchy: cooperation under anarchy 2. Cooperation: occurs frequently & over longer time periods 3. Absolute gains 4. Priority of State Goals: cooperation furthers states interests (pol econ) 5. States intentions rather than the Balance of Capabilities important 6. Institutions & Regimes robust & exist even when not in states interests Strengths of Neoliberalism Parsimonious theory of cooperation Explains and predicts behaviour of states in deciding to cooperate and coordinate Explains longevity of international institutions and regimes Explains integration between states (eg in trade and finance = int political economy) Weaknesses of Neoliberalism Prioritises cooperation yet still conflict Based, as with neorealism, on states making rational decisions may not be the case Ignores ethics in decision making Ahistorical Neo-Neo debate reached an impasse...
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Wk 5 neoliberalism - 1. Anarchy: cooperation under anarchy...

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