POLI 354 Lecture Notes - Lecture 1: Preferential Trading Area, Game Theory, World Trade Organization
13 May 2018
School
Department
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Professor
POLI%358%Notes% % Winter%2018%
Legend:%normal%text-%from%slides;%italics:(what(the(professor(said(in(class,(over(and(above(the(slides(
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Lecture+1-+Introduction++
9th+January+2018+
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Next%class-%international%cooperation-%review%the%game%theoretic%model.%
Interested%in%research-%see%his%website.%
Readings%and%slides%and%marking%schemes%are%on%MyCourses.%
Textbooks-%only%suggested;%don’t%have%to%buy%
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Structure+of+the+course+
- Main%debates%on%international%cooperation%
- Global%trade%governance-%international(cooperation(on(trade%
- Other%international%institutions%–%other(Bretton(Woods(institutions(%
%
Debates+on+international+cooperation+
- Two%phases%of%international%cooperation-%bargaining%and%enforcement%%
o James(Fearon(reading-(see(which(problems(countries(face(in(both(phases%
o Bargaining-(negotiation(of(a(treaty(and(enforcement-(asking(parliament(to(ratify(
the(treaty%
- Two%level%games:%domestic%and%international%
o Putnam-(2(stage(model%
o Need(to(understand(domestic(politics(to(be(able(to(understand(why(countries(
cooperate%
o Democracies(vs(autocracies(and(weak(leader’s(vs(established(leaders(etc.(%
o 1980s(focused(on(international(variables,(now(merging(with(comparative(politics%
- Design%of%international%institutions%
o Recent(body(of(literature-(not(only(if(countries(cooperate(or(not,(but(what(kind(of(
things(they(operate(on(%
o Deep(vs(shallow(agreements-(pay(attention(to(domestic(%
o Formal-(provisions(and(regulation(and(informal-(not(written(but(it(is(an(unsaid(
agreement-(designs(of(an(agreement%
%
Global+Trade+governance+
- WTO%bargaining%process%and%DSM%
o WTO-(increased(trade?%
o Importance(of(the(dispute(settlement(mechanism-(does(this(help(weak(countries(
against(stronger(ones?%
- Preferential%trade%agreements%
o Recent(way(to(govern(trade(and(regulate(it(%
o Most(important(international(instrument(to(regulate(trade(internationally%
o Deadlock(with(the(Doha(round-(move(from(multilateral(to(bilateral(method(to(
address(trade(issues%
o Do(preferential(trade(agreements(go(with(the(WTO(or(do(they(counter(them?%
- BITs%and%FDI%
o Bilateral(treaties-(regulate(investment-(do(they(increase(FDI(and(under(which(
circumstances%
%
