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hegemonic stability theory
Explains the fall of FT - other nation's closing border, GB not strong enough |
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| spread of free trade through MFN |
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| changed in bretton woods = change in use balance of payments coupled with changes in personnel (Nixon, Kissinger, and Connally) |
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formation might be hegemonic, but content is ideological - power + purpose = embedded liberalism.
interwar: regimes are restrictive, we need control to help ourselves right now
post ww2: no cooper dind't work, try this
"if purpose is held constant" "normative framework of regime" will remain constant |
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white was important
ESF, multilateralism, "worldwide sustained prosperity" |
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| structure of domestic institutions = exchange rate preference |
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| evasion is "national sport" of businessmen. government see benefits of markets, free capital norms now embedded |
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| cost/benefit of cooperation, colonialism is expensive. |
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| NTB occur with allignment of policy makers (insulated) and domestic groups (loud). OMA and VER |
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smoot-hawley
domestic groups durin ww1
+20.000
PORK-BARELL/LOGROLING
rural interests over-reped in parliament
network/pathways |
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| RTAA predisent given contorl over making bilateral trade agreeements with nations |
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