LAWS 3604 Lecture Notes - Lecture 1: North American Free Trade Agreement, Hegemonic Stability Theory, Bretton Woods System
5 Oct 2017
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Document Summary
Int. organizations: collective/corporate actors can cover several issue areas of int. regulations (txt. P. 5: created through formal intergovernmental agreement (un, imf, wto) Int. regimes: procedures which expectations converge in given area, more abstract, specific to one area. Formal or informal - i(cid:373)pli(cid:272)it aski(cid:374)g to adapt (cid:272)ertai(cid:374) syste(cid:373) although they do(cid:374)"t ha(cid:448)e written rules: rules of the game, global governance. Marshall), role of us dollar (monetary plan) and opened markets for imports: multilateralism, bretton woods system (creation of institutions which seek universal membership) ex. Un: cold war, nature of assistance, promoting market system. Security issue dominated foreign policy: around 1990"s, opening for new actors to come in, ex. Multinational companies to see rights negotiated: decline us hegemony (?, dominating global agenda. Stalemate @ doha round: tariff barriers, doha round = birth of wto, wto could not conclude due to disagreement of developing countries. States help themselves with regional agreements: expansion of regional cooperation.
