Liberal institutionalism is nestled in the principal view that global

Liberal institutionalism is nestled in the principal

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state domination itself. Liberal institutionalism is nestled in the principal view that global organisations have important roles in multi-state relations, both politically and economically. As Dunkerley (2017) suggests, the main goal of these institutions is to act as mediators to find answers to interstate issues (19). Technological advancement and globalisation have “connected” the universe, thereby initiating interdependence among states around the world. For example, an economic recession is China can have an effect on the economies of African and South American nations. Correspondingly, a communist uprising in Honduras can lead to communist revolts across Latin America. The point is that owing to the fact that nations are currently interconnected; global watchdogs are required to uphold rules that are fair to all states. It is here when organisations including the WTO, IMF, and the UN step in. According to Reich and Lebow (2014), the role of these institutions is to guide affiliated nations and to encourage collaboration to solve global political and economic concerns thereby making member states prosperous (21). If every nation were to handle their issues autonomously, it would not only lead to disagreements but also costly. This, as stated by Wigell (2016), is the rationale behind the emergence of international institutions to help states solve their problems (141). In particular, the author argues that global organisations enhance this by advising and providing information to nations regarding, social, political, and economic matters. In the lens of liberal institutional theory, institutions as contracts or agreements among different players, which reduce transaction costs, lower uncertainties, and resolve collective-action concerns.
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International Relations 13 According to Christiansen (2016), the European Court of Justice is a valid illustration of the benefits institutions provided in stabilising world order. In view of the author, the court has influenced the policies of European integration and transformed policy concerns into legal ones with the help of trans-country linkages of judges and lawyers (38). In particular, the court converted the Treaties of Rome into an EU constitution, which implies that EU legislation is embedded into national laws of member nations. Dunkerley (2017), in a different research of the court, outline how the court solved issues of multiple equilibriums for EU members by offering ideal focal points in proficiency concerns (27). These scholars contend that organisations have various effects and minimise the need for an overarching nation making decisions on behalf of other states. Other than the European Court, the relevance of institutionalist thinking is evident in the success of global security. In a study carried out by Chandler (2010), the author concludes that NATO was responsible for crafting the "Long Peace" in Europe by delineating national borders and augmenting NATO allies' military abilities (81). As per the article, NATO’s stable
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