POL 1025 Lecture Notes - Lecture 5: Tom Lehrer, Foreign Direct Investment, National Conference For Community And Justice
Document Summary
Economic interdependence- when two states have high levels of trade and investment flow. How ei produces peace: trade, don"t invade, goes back over 100 years. What"s at stake: reputation, cost, security. Rethinking interdependence: not trade, but fdi (foreign direct investment) Policy recommendations: free flow of people and ideas. Does knowledge of the other produce peace: tom lehrer national brotherhood week , knowledge of the other, or the discovery of common interests, reversing the casual arrow. Peace leads to free flow of information and ideas. International anarchy leads to need for and establishment of leviathan. Can international institutions solve the problem of anarchy: case study: collective security. League of nations: discredited in late 1930"s. United nations: embeds distribution of power. Un becomes arena for great power conflict. But sticky: they outlive the original distribution of power that gives rise to them. Yes, they promote cooperation, but they also can promote the shadow of the future .