POL208Y5 Study Guide - Midterm Guide: International Inequality, Marketization, Malaria
8 Dec 2016
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Document Summary
The relationship between economics and politics at the international level. The study of the politics behind the economic relations among peoples and nations in order to assess their relative wealth and power. The study of the interaction between the state and the market, which are associated with the political pursuit of power and the economic pursuit of wealth. The study of how economic interests and global processes interact to shape government policies. How self-interested actors combine within or outside institutional settings to affect social outcomes. Long cycle theory: the world system is charcterized by regular cycles of world. > in an anarchical system, objective is to maximize power (military capability and resources) & conflict arises when one nation has more power than others. But the challenger, in this restricted set of global wars, always fails. > hegemonic cycles last for about 70-100yrs; then, the mantle of most powerful nation is passed on.
