Power money and trade summary chapter 1

Power money and trade summary chapter 1 - Power money and...

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Power money and trade (pages 46-52) Explaining Changes in International Regimes: Institutionalism Rationalism - Institutionalism: 1. Actors are self-interested , rational utility maximizers 2. International regimes can facilitate making of agreements by actors. 3. Actors are interested in the pursuit of goals which are not always zero-sum in nature Robert Keohane : a scholar who assumed that institutional regimes are formed and maintained not by a hegemonic power, but by participants and domestic institutions. Regimes continue to exist even if the hegemone decreases in power. Mechanisms for actors (states) that share a common interests , collective goods, collaboration required to obtain a specific outcome. Joint interests are obtained through regimes Avoidance of accidents : main goal of actors Not as exercise of power, but as device to further coordination Joseph Grieco : engages in a debate with institutionalists
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This note was uploaded on 02/08/2012 for the course POLI 243 taught by Professor Markbrawley during the Winter '09 term at McGill.

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Power money and trade summary chapter 1 - Power money and...

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