POL SCI 5 Lecture Notes - Military Globalization, Eastern Bloc, Economic Globalization
Document Summary
Postwar economic order as a result of twin realizations coming from liberal trade and leadership & many int"l economic institutions to hold up this order (ex. Gat wto- help manage and promote global free trade; imf; world bank (international bank on reconstruction and development) institutions set up to help global economy. Ex) there is no reason why america"s automobile industry is as big as it is, or. Ex) us military automobile industry make tanks: domestic politics, nafta- agreement signed between us, canada, mexico for free trade between borders; big opposition in us not towards vulnerability or more powerful. Mexico or canada but concerns for loss of jobs-unemployed automobile workers. In an idealistic liberal economic world, not be a problem (actors of us automobile industry would be deployed to produce something else) but in reality countries work to avoid adjustment to changing character of economic competition in world economy.