PSCI 2223 Lecture Notes - Lecture 18: Authoritarianism, Liberal Democracy, South Sea Company
14 Feb 2017
School
Department
Course
Professor
Document Summary
Economic interdependence reduces the likelihood of conflict. Trade is mutually beneficial and gives each party a stake in the economic well-being of the other. Important aspects of globalism : trade integration (ratio of exports to gdp), a global financial market (fdi, exchange rates), globalization of production, globalization of labor. Financial crisis : 1720, south sea company crisis, 1929, great depression. Results of 2008 : 42% drop in outflow, world trade declines by 12%, world output contracts by 2. 3%. Or is it multipolar with powers such as american, the u. k. and france: we are not so sure what the biggest threat to national security is . Fukyama : there is nothing liberal democracy can"t resolve, liberal democracy only preaches negative rights. Compatiable with ideological streams with an agenda of state and security formation. Huntington : clash of civilizations, fault lines between civilizations will turn into battle lines, civilization is a cultural entity, 8 civilizations .
