PSC 1003; Lecture 7
PSC 1003; Lecture 7 PSC 1003
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This 2 page Class Notes was uploaded by Eleanor Parry on Friday February 12, 2016. The Class Notes belongs to PSC 1003 at George Washington University taught by Farrell, H in Fall 2015. Since its upload, it has received 24 views. For similar materials see Introduction to International Politics in Political Science at George Washington University.
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Date Created: 02/12/16
Institutions, The Liberal Order, and China Institutions and States • Many liberals believe that institutions don't just solve technical problems. • Can also change the states that participate in them. • Concept of liberal order. • Relationship between liberal order and states. Liberal Order and the US • Post WWII, US was the most important power. • Worried by previous war - wanted to avoid it happening again. • Worried by prospect of USSR and Communism - wanted to create bulwark against it. • Hence, started thinking about how to create better international structures. Diagnosis of Nazi Problem • Many aspects of Nazism inherent to German history. • But also argument that Hitler had found it easier to make way to power because of two factors. ◦ War reparations - hurt German economy. ◦ International financial and economic instability - Great Depression. ◦ Efforts to create more stable, less vengeful system. Bretton Woods • "Bretton Woods" institutions - IMF, World Bank • Aimed at creating greater international financial stability. • Avoiding currency collapses and international crises. • Providing help to states that to into trouble. Post WWII Liberal Order • Bretton Woods institutions, plus GATT/WTO and Marshall Plan embedded ideas about how to embed liberalism at international level. ◦ Prevent financial crises. ◦ Support economic development in Europe and elsewhere. ◦ Provide clear rules to promote traded and exchange. ◦ Intended to support global liberals - spread liberalism. Liberal Order Created by US • Clear texts that US played crucial role in designing these institutions. • Reflects US priorities and values. • Bind the US as well as its allies. • Complex mixture of nominal equality and power. Consequences for States • Liberal order changed in meaning. ◦ 'Embedded liberalism' to neo liberalism. • Clearly changed states as well as protecting them. • Membership requirements push states towards liberalism. ◦ WTO membership • Direct intervention can also have liberal/neo-liberal consequences (IMF). Role of China • Over last twenty years, China has embraced many aspects of globalization. • Possible challenger for global hegemony. • Poses interesting test. Ikenberry's Liberal Defense • Argues that China can and should be integrated in to system of global liberalism. • Already working within the system. • Sees the value f this system for economic growth. • Needs to be brought further into inner circle • US needs to strengthen commitment to system in meantime. Liberalism and Institutions • Do they work down? - Changing states that join them? • Do they get transformed bottom up, by rising powers with own preferences. • IF Ikenberry is wrong... ◦ China may transform institutions from below ◦ Seek to build own preferences into world institutions.
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