INTL 1101 Lecture Notes - International Monetary Fund, International Political Economy, General Agreement On Tariffs And Trade
Document Summary
International political economy: the interplay of economics and politics in world affairs. International organizations: consider when an organization was born, this influences its purpose most ios are idea-infused, and political context is influenced by era. Current structure of economic system is based on bretton woods. Bretton woods linked economic deficiency with international conflict. Bretton woods (1944): conference held in new england following wwii and the. Great depression; wanted to avoid another depression and help rebuild war-torn. This goal of helping europe"s reconstruction was a major shift from the u. s. "s previous policy of avoiding entanglement in europe. There are rules/norms/laws that limit/allow certain economic events. Organization theory: organizations are formed in a context that influences them today. International monetary fund (imf): created to promote monetary cooperation and resolve post-war problems; includes ~185 countries today (has taken on a larger, global role)