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POL101Y1 Lecture Notes - Economic And Monetary Union Of The European Union, United Nations General Assembly, Global Governance

Political Science
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March 14th, 2011
Global Governance
Promise and Challenges
Global governance is a new concept in political science, prior to this only spoke of
Global Governance and the International System
Anarchic international system Realism
Absence of an international government
Key actors are the nation-states that are at the core of the international system,
most importantly they act on their self-interests
Concerned with relative power
Zero sums gain: one states gain is another states loss
Realists assume the international system is anarchic, & thus prone to conflict
League of Nations & collective security
Aggressive actions from states are illegal
Aggressive state punished by the others
System based on punishment, it was supposed to work on deterrence; however, it
did not work
Neoliberal institutionalism
Emerged out of WWII, like Realism in the sense that it accepts the notion that
there is no world government (presume the international system is anarchic)
Interdependence: Unlike Realists who tend to be pessimistic, positive view is
based on the realities of complex interdependence, because of this complex
interdependence states cooperate in ways so as to ensure that all states benefit
(assumption is that cooperation leads to a net benefit)
Positive sum
Rules & norms: states by cooperating can devise rules of the game, if they cant
establish rules, they can establish normative expectations
International organization & regimes
Bretton Woods: example of an international organization or regime in which
states agreed to fix their exchange rates
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