POLS2133 Lecture Notes - Lecture 2: World Politics, Neoliberalism, Champagne Fairs

• School: ANU
• Department: Political Science
• Course: POLS2133
• Professor: Dr Dongwook Kim

Document Summary

Keohane international institutions and state power- neoliberal institutionalism: I(cid:374)stitutio(cid:374)s: (cid:862)persiste(cid:374)t a(cid:374)d (cid:272)o(cid:374)(cid:374)e(cid:272)ted sets of rules (cid:894)for(cid:373)al a(cid:374)d i(cid:374)for(cid:373)al(cid:895) that prescribe behavioural roles, constrain activity and shape e(cid:454)pe(cid:272)tatio(cid:374)s(cid:863) Example: international monetary regime, the law of the sea regime: conventions informal institutions with implicit rules and understandings, that shape the expectations of actors. They enable actors to understand one another and without explicit rules, to coordinate their behaviour. I(cid:374)ter(cid:374)atio(cid:374)al i(cid:374)stitutio(cid:374)s are i(cid:373)porta(cid:374)t for states" a(cid:272)tio(cid:374)s i(cid:374) part (cid:271)e(cid:272)ause the(cid:455) affe(cid:272)t the i(cid:374)(cid:272)e(cid:374)ti(cid:448)es fa(cid:272)i(cid:374)g states, e(cid:448)e(cid:374) if those states" fu(cid:374)da(cid:373)e(cid:374)tal i(cid:374)terests are defi(cid:374)ed autonomously. International institutions make it possible for states to take actions that would otherwise be inconceivable: they also affect the costs associate with alternatives that might have existed independently. Institutions affect the understandings that leasers of states have of the roles they should pla(cid:455) a(cid:374)d their assu(cid:373)ptio(cid:374)s a(cid:271)out others" (cid:373)oti(cid:448)atio(cid:374)s a(cid:374)d per(cid:272)ei(cid:448)ed self- interests.