PO232 Lecture Notes - Lecture 5: United States Dollar, Neoliberalism, Power Politics
Document Summary
The bretton woods/isi era in terms of our four themes: International institutions: much more consequential than previous eras (imf, wb, gatt, etc. ) The us had the most influence and power within the system. Important to remember that this period had many important countries that made up the world"s population were loosely tied to the global economy. Ideas: embedded liberalism in the north isi/national developmentalism in the south. Refers to the effort of developing a compromise between liberalism, regulation and protection. Especially with trade, investment, ideas and technology. Wanted space for government autonomy with respects to certain policies that they wanted to implement. In the south isi was the most prominent approach to industrialization. An approach to economic policies that seize the role of government important. The government needs to be heavily involved. Developed/richer countries should be providing help to foreign countries for moral reasons; in the 1950-60s it was a universal policies. North-south relations: decolonization, northern support for southern development.
