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PSCI 2602 terms and concepts.odt

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Carleton University
Political Science
PSCI 2602

Political economy is the study surrounding the interaction between the political and economic phenomenon across state bordersKey issues of global economy are seven elements International trade international finance gender development effects of globalization environment sustainability and transnational corporationsComplex interdependence is a theory put forth by Robert Keohane and Joseph Nye It refers to the belief that states and there fortunes are tied together inextricably The theorists recognized that the various complex transnational connection between states was increasing while the use of military force was decreasing yet important Interdependence is categorized by three characteristicsthe use of multiple channels of action between societies transnational interstate and transgovernmental relation The absence of a hierarchy of issues with changing agendas and the decline of military force This all leads to cooperation among states The complex interdependence framework synthesis elements of realist and liberal though We an also see a connection with neoliberal institutions when it comes to the co
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