POLI SCI 240 Lecture Notes - Lecture 16: Global Governance, Dani Rodrik, Good Governance
29 Mar 2018
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Robert giplin the political economy of international relations . Complete access to information which creates flexibility in prices. Exchanges are determined by supply and demand. Market economy depends on law of demand. Change in supply/demand causes a change price of good. Relationship between trade and economics = mutual benefits. Economics separates the economy from other societal aspects. Disregards the justice or equity of the outcome of economic activities. Assumption that exchange is always free and information is full. Chan and lee rethinking global governance: a china model in the making? . Concept of western global governance came to be with the collapse of bretton woods: page 4. Good governance has often been imposed on developing countries seeking financial assistance: What china would have to give up in order to partake in wto: **china pov: existing international order is extremely unfair. Trade and investment have become yardstick for evaluating developing countries. Bad for the world"s poor, attention away from urgent issues.
