POL208Y1 Chapter 14: Chapter 14 Summary
12 Feb 2011
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Chapter 14: international political economy in an age of globalization: theories of ipe: liberal, mercantilist and marxist. Ipe tries to explain what creates and perpetuates institutions (rules, norms, laws, organizations) and what impact they have on the world economy. End of cold war met challenges of integrating the eastern bloc countries into the world system. Tribal, religious, ethnic conflicts forced analysts to more carefully examine links between poverty, economic stagnation and the debt of countries/inter-state conflict (rwanda, indonesia, former. Imf, wb and gatt by 1950 were western bloc organizations: less support to bretton woods by 1965 when us economy began to change: us involvement in. Vietnam, urban redevelopment and public education programs and no raise in taxes = less competition for us goods in world as their prices rose at home. Us dollar confidence drops: european economic integration brought new players to the stage: eec (european economic.
