Neoliberal institucionalism
Mónica Palma
Created on August 30, 2024
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Transcript
Neoliberal Institutionalism in International Relations
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Cooperation in an Anarchic WorldUnderstanding the Role of Institutions in International Relations
Agenda
Defining Neoliberal Institutionalism
Pioneers of Neoliberal Institutionalism
Key Concepts of Neoliberal Institutionalism
Neoliberal Institutionalism in Action
Criticisms and Limitations
Conclusion
Defining Neoliberal Institutionalism
- A theoretical perspective that emphasizes the role of international institutions in promoting cooperation among states.
- Focuses on the benefits of interdependence and the reduction of uncertainty.
- Argues that institutions can mitigate the negative effects of anarchy.
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Neliberalism also know as neoliberal institutionalism
Neoliberal institutionalism offers a more optimistic view of international relations than realism, suggesting that states can cooperate even in an anarchic environment. Institutions, such as the United Nations and the World Trade Organization, provide the framework for cooperation by setting rules, norms, and procedures.
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Robert Keohane
Kenneth Oye
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Governing the commons, emphasizing the role of institutions in managing common-pool resources.
Elinor Ostrom
Robert Axelrod
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Game theory and the Prisoner's Dilemma, explaining cooperation.
Regime theory, focusing on international regimes and cooperation.
Pioneers of Neoliberal Institutionalism
Co-author of Power and Interdependence, emphasizing complex interdependence.
Joseph Nye
Concept of soft power and complex interdependence.
Key Concepts of Neoliberal Institutionalism
1. Interdependence
Mutual dependence among states.
2.Institutions
Sets of rules, norms, and decision-making procedures.
3.Regimes
Specific institutional arrangements in particular issue areas.
4.Cooperation
Mutual adjustment of policies to achieve common goals.
Neoliberal Institutionalism in Action
European Union
A successful example of regional integration and cooperation.
World Trade Organization
Facilitating global trade and reducing trade barriers.
International Monetary Fund
Promoting international financial stability.
Criticisms and Limitations
Overemphasis on cooperation and neglect of conflict.
Focus on state-centric actors and neglect of non-state actors.
Assumption of rational actors and bounded rationality.
Overemphasizes cooperation and neglects the role of power.
Conclusion
Neoliberal institutionalism provides a valuable framework for understanding cooperation in international relations.
The importance of considering both institutions and power in analyzing world politics.
The enduring relevance of neoliberal institutionalism in today's globalized world.
Neoliberal institutionalism offers a compelling explanation for the increasing levels of cooperation among states. By understanding the role of institutions, we can better appreciate the dynamics of international relations and the challenges of global governance.
References
- Keohane, R. O., & Nye, J. S. (2001). Power and Interdependence (3rd ed.). Longman.
- Oye, K. A. (Ed.). (1986). Cooperation Under Anarchy. Princeton University Press.
- Axelrod, R. (1984). The Evolution of Cooperation. Basic Books.
- Ostrom, E. (1990). Governing the Commons: The Evolution of Institutions for Collective Action. Cambridge University Press.