International political economy

Question

What did the Doha round of trade negotiations bring?

Answer 1

Difference between north and south- North wealthy, educated etc. South poverty

Answer 2

-direct importing and exporting
-makign significant investments in a foreign country
-opening manufacturing facilities

Answer 3

.View of human nature: individuals act in rational ways to maximise self interest
.Relationship among individuals, society, state, market: when individuals act rational, markets are created. markets function best when free from govt interference
.Relationship between domestic and international society: international wealth is maximised with free exchange of goods and services, international economy gains

Answer 4

The goal of a mercantilist government was to build economic wealth as an instrument of state power.

Answer 5

- individuals who think decisions were beyond their control started antiglobalisation movements
-the Asian financial crisis end 1990s showed the problem of too much capital flowing out of the region (bankrupt, stocks drop etc)

Answer 6

A larger market, along with the free movement of goods and services will permit economies to stimulate growth and enhance opportunities for investments. The european union has achieved some of these objectives.

Answer 7

Some states can use oil as a strategic weapon
Even international institutions have found it harder to exercise their influence in getting the oil-producing states to comply with international agreements.
As oil has become more valuable, it has become a target for groups trying to disrupt established governments.

Answer 8

.View of human nature: naturally cooperative as individuals, conflicts in groups
.Relationship among individuals, society, market, state: competition among groups, conflictual and exploitative
.Relationship between domestic and international society: conflictual relationship because inherent expansion of captialism, seeks radical change in international economic system

Answer 9

.View of human nature: humans are agressive, conflictual tendencies
.Relationship among individuals, society, state, market: goal is to increase state power, achieved by regulating economic life
.Relationship between domestic and international society: international economy conflictual, insecurity of anarchy breeds competition, state defends itself

Answer 10

-Radical theorists argue development has not occurred.
-Reformers outside and within international financial institutions question governance and specific policies of the IMF and World Bank.