{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

11 Chapter 09-Trade water


Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: s of Relative stability – UK and US Realist Prescription Realist Prescription • Maximize autonomy • Selective Liberalization/ protectionism. Favor allies, sanction enemies. • Reduce the costs of hegemony by demanding “burden sharing” – stop “free riding” Social­Protectionist Objections to Social­Protectionist Objections to pure Neoliberalism • Markets Fail • Booms and busts inevitable in capitalism – Hidden costs – “externalities” Example: pollution, job loss – Social costs – labor markets not perfectly fluid •Certain groups b...
View Full Document

{[ snackBarMessage ]}