POLI 359 Lecture Notes - Lecture 3: Best Alternative To A Negotiated Agreement, Hegemony, Treaty

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Start covering 1990s and more recent studies/readings: explain the two stages of cooperation: bargaining and enforcement, in more detail, then bring domestic politics more into the picture. Table of contents: fearon"s model, we will use this model for this class and for tuesday, important for midterm, cover in detail! Recap: hst: hegemony stability theory, hegemonic power and monetary stability, hegemonic power and trade openness. -> regimes are not so much public-goods as argued by the hst, but private goods/clubs cost of exclusion ought weigh costs of participation. -> more likely that more of the preferences of the countries with the lower costs of non- cooperation will be represented in the treaty. Examples: canada negotiating a trade deal with the eu, ceta negotiation: canada negotiated well, extracted a lot of concessions from the eu (like, importantly, protection of the dairy industry) -> canada needed to cooperate with the eu much less than before with nafta.

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