POL208Y5 Lecture Notes - Lecture 5: Supranational Union, Neofunctionalism, Francis Fukuyama
12 Jul 2013
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Pol 208 lecture 5 liberalism (continued from lecture 4) Democracies fight as many wars if not more than non democracies. They try to impose their values on other states. Immanuel kant said democracies should not be imposed/ forced. Book: power and independence, wrote with co authors. Not just developed countries but also developing countries. However developed countries get integrated faster than developing. Economic interdependence = social, cultural, political interdependence (through trade) Both countries benefit in some ways (i. e travel) People from both countries have friends, family across border. Close military relationship: both countries protect each other. Bretton woods created imf and world bank. Usa had a big role in creation of the world bank. Every nation sees some benefit in this integration system. End of ww2 usa and its economy was in a comfortable position. However by 1970s, usa was in bad condition: stagflation due to low employment, high interest rate and usa was no more a hegemony.
