Shared Flashcard Set

Details

IPE test 1
terms and concepts midterm 1
60
International Studies
Undergraduate 2
10/06/2011

Additional International Studies Flashcards

 


 

Cards

Term
International Political Dimension to IPE
Definition
international economic cooperation is constrianed by diplomacy and geostratergy. International security concerns drive domestic Policy
Term
International economic dimension to IPE
Definition
forces of globilization constrain actors International economic forces shape internatiol and domestic Political econ
Term
Domestic International dimension of IPE
Definition
institutions of state drive how state acts. Domestic institutions have preference and act to shape IPE outcomes
Term
Domestic Societal Dimension to IPE
Definition
Domestic level actors (firms, individuals, NGO's) have preference that are translated directly through political institutions to influence IPE outcomes
Term
IPE
Definition
explaining economic and political outcomes without treating rach of them of exogenous
Term
Domestic Institutions
Definition
formal rules governments sponsored or enforced institutions
Term
Anarchy
Definition
  • Lack of legitamate authority
  • no one has international monopoly on force
Term
Why does Anarchy matter?
Definition
It is left to nation states to make others play by the rules of international commerce
Term
Neo Realism
Definition

Core Assumptions

  • international system is anarchic
  • states have power
  • states are unaware of other states intentions
  • state preferences are survival and self interest
Term
Security Dillema
Definition
An increase in one states power decreases another states security. The other state increases its security and the cycle goes on
Term
How Security Dilema affects international system
Definition
  • relative gains matter
  • weak states form alliances and seek balance of power
Term
Where does IPE fit into a realist world?
Definition
  • money can be transformed into power by buying weapons and allies
Term
What is the role of international institutions in the realist world?
Definition
  • Distribution of power and serving interest of powerfull states
  • realist use institutions to create international sercurity when there is a common interest
Term
Role of Domestic politics in realist international system?
Definition
  • not much because state interest are determined by structure of international system
  • realist only care about international system
Term
Institutionalism
Definition
Rules and norms that are formal or informal that govern behavior
Term
what are some key elements in institutionalism
Definition
  • Domestic politics matter
  • States have different preferences don't have to be security
  • absoute gains matter more than relative gains
  • Difference from realism Agency matters
Term
What do institutions do in IPE?
Definition
  • Institutions foster Cooperation by monitoring, sharing info, communication
  • provide or enforcement or institutionalze reciprocity
  • can make gains from comercial cooperation
  • can promote issue linkage
Term
Why does Agency matter in Institutionalism?
Definition
  • States have different preferences
  • Image matters
  • types of governments matter
Term
Marxist Approach to IPE
Definition
  • Stage 1 (Feudal)- landlords and surfs merge to form merchan class
  • Stage 2 (merchant/capitalist)- merchant class and proletariate
  • Stage 3 (dictatorship)- Proletatriate roots out vestages of capitalism brings socialism then communism (classless society)
Term

Law of Marxist Motion

(Law Disproportionality)

Definition
  • Overproduction and underconsumption
  • more and more things produced no one can buy, less labor, less production, less consumption
Term

Law of Marxist Motion

(Law of Falling rate of Profit)

Definition
More investment goes into captial. Use more capital then less profit
Term

Law of Marxist Motion

(Law of concentration of capital)

Definition
Those with most money control society
Term
Why Didn't it happen like Marx said
Definition
Imperialism- developed countries find new outposts to export surplus goods and also new labor to exploit
Term
Neo Marxism/Dependency Theory
Definition
  • Instead of class exploitation you have exploitation of poor states and rich states
  • Dual economy- developing countries import finished goods and export primary goods
    • developing countries get locked into under development 
Term
Globilzation
Definition
  • improvement in production technology
  • Decrease in regulation 
    • increased mobility of capital
  • Movement of people
    • decrease in cost due to improved transportation and technology

 

Term
Firm interactions with states
Definition
  • Firms negotiate directly with states for things like tax breaks
  • Developing countires fight for their share of globilization pie
Term
State
Definition
  • Government/Region with sovreingty- absolute power over law making and enforcement within a specified territorial area
  • Unitary actor- one person speaks for state
Term
How do states affect IPE
Definition
  • States create institutions
  • non economic state interest can impact global politcal econ
    • ex. not allowing any trade or allowing all trade
Term
What do states want from IPE?
Definition
  • states want to maximize utility
    • wealth, security/power, exploitation, stability, cooperation
Term
International Government Orginizations
Definition
  • made up of government entities
  • ex. UN, IMF, World Bank, E.U., NATO
Term
United Nations
Definition
  • at first primarily a security orginization to prevent war
Term
UN security council
Definition
  • 5 permanent members US, UK, Russia, France, and China
  • Authority to use legit force internationally
  • Economic Sanctions- restrict trade, financial flows, and movement of people
Term
WTO, IMF, World Bank
Definition
  • WTO- trade
  • IMF- Currency
  • WB- Finance
Term
Basel Accords
Definition
Rules of international banks. Coordination between centeral banks in setting banking requirements and capital requirements
Term
What do IGO's Do for IPE?
Definition
  • IGOs provides rules and regulation
  • IGOs can make processes of IPE permanent or valid
  • If IGOs have their own interest they can shape direction of IPE
Term

Multinational Cooperations

(MNCs)

Definition
  • Enterprise that engages in foreign direct investment and that was or controls value activities in one or more country
Term
Difference between Transnational cooperations and MNCs
Definition
  • MNC- has a parent firm and a home country
  • TNC- stateless firm
Term
Characteristics of MNCs
Definition
  • Large firms in terms of revenue, employment, etc.
  • They not only sell abroad, but have signifcant assets abroad
    • captial, labor, technology/production
  • Centralized decision making or Global HQ
  • Horizonatally or vertically integrated across countries 
Term
Horizontal intergration
Definition
 One stage of value chain in multiple locations transnational role of market share
Term
Vertical Integration
Definition
Control of all segments of production process in one industry often there segements are in different countries (ex. oil industry) 
Term
Tarriff Jumping
Definition
Moving product behind border to avoid tariff
Term
Product Cycle Theory
Definition

1. Inovation of product in home market expansion leads to surplus exports

2. As product grows technology diffuses others try and enter foreign market, set up production overseas to pre-empt competition

3. Commodinization- everyone makes it -> all production goes overseas and exports back to home country

Term
Obsolescing Bargain Theory
Definition
Model of interaction between firms and governments where intially a deal is reached that favors the MNC, but over time as the MNC increases fixed assets and bargaining power shifts to host government
Term
MNC affect on IPE
Definition
  • MNCs acount for 75% of innovation in the worlds civilian tech
  • MNCs acount for 66% of global trade in manufactored goods
  • Increase flow of Federal domestic income to world stimulating employment, infrastructure, productivity, growth, external econ
  • Conversely, decrease domestic investment, repatriation of profits, monopolistic threats, social concerns (labor, stability)
Term
Does MNC economic power translate to politcal power
Definition
  • relational power- power to lobby and influence policy change
  • structural power- setting limits of what is feasable
Term
What do MNC's want from IPE?
Definition
  • Less restriction so they can bargain directly with states without internal resistance
  • governments intefere with markets getting rid of uncertainty
Term

Non Governmental Orginizations (non profit)

(NGOs)

Definition
An organized actor in domestic or international poltics that is not a govt (ex. politcal parties, Red Cross)
Term
Goals/Activities of NGOs
Definition

1. developing and disseminating info and or providing expertise to influence policy

    • lobbying public, advocacy, name sharing, setting agenda

2. Implementing polcies or aid efforts

    • international volounteer orginizations often not politcal (ex. Doctors without Borders) 

3. Civil disobedience (ex. Peta Hackers

Term
Membership of NGOs
Definition
  • can be indivduals or groups
  • low or high entry barriors
Term
Age Of Mercantalism
Definition
  • extensive growth- growth due to population expansion
  • intensive- real increase more than pop expansion some inputs get more output
  • population increase by 22x
  • Emergence of global market economy
  • Voyage of discovery to asia and Americas
Term
Mercantalism
Definition
  • states should organize and drive economic action
  • Aquire wealth (gold, silver, bullion) to build state -> fuel frequent wars, and aquire more colonies
  • wealth necessary for power
Term
British mercantalist stratergy
Definition
plant institutions that give them a longer lasting imperial legacy
Term
Rise of west "European Mirace"
Definition
  • After 1730 rise of chemical power
  • taste and preferences led to external trade
  • International exploits- property rights/taxes/ lower transaction cost (contract enforcement)
  • British consittutional Monarchy unique in world
Term
Hegemon Stability Theory
Definition
  • In the short run Hegemons have archived security, so not concerned with relative gains and instead focus on absoloute gains
  • Preponderance of power- provides secutiry throught out the system
Term
Functions of a Hegemon
Definition
  1. Rule Establishment- especially with trade and finance as global public good because it is in hegemonic individual interest in doing so
  2. Foster policy consistency between states trhough leadership
  3. Macro element management as lender of last resort
Term
Hegemonic decline
Definition
Hegemon no longer intested or able to support public good. Relative gains matter again
Term
1870 Global depression
Definition
  • Return of higher protection in Europe and continued higher protection US and Russia. British markets stay open
Term
Finance and the gold standard
Definition
  • Britain starts gold standard in 1819 and other countries move to gold standard in 1870s
  • Britai accumulates large account surplus and invest surplus abroad
Term
Smoot Hawley and the Great depression
Definition
  • 1918-1924-> Instability floating exchange rates and hyperinflation in Europe
  • 1925-1931-> Restore gold standard
    • 1930 US passes Smoot Hawley tarrfis and 23 other countries follow suit
  • 1931-1933-> Great depression colapse of gold standard. In UK floating exchange rates, rise of protection, and colapse of free trade
  • 1933-1940 path to war
Term
Dollar Diplomacy
Definition
  • US banks promote monitary stabilization in Europe
  • Daws loan from US to Germany to support repayments France and Germany who were indebted to US
Supporting users have an ad free experience!