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Global Gov
| Term | Definition |
|---|---|
| Liberal World Order: When? What 4 organizations are involved? What does it mean? Name some of the core values. | Post WW2, present cooperative (IMF, UN, WB, WTO) universal equality structure (democracy, prosperity, free trade, economic development, human equality/rights, law, and security cooperation) |
| Asian Infrastructure Investment Bank: What does it challenge? Why was it made? | Challenges Bretton Woods + World Bank, has a bigger Chinese share |
| Balance of Power Theory: Define | To prevent any power from becoming too strong |
| Bargaining Perspective: Name three areas | 1. Lack of information 2. Commitment 3. Issue Indivisibility |
| Comparative Advantage: Define | trading with a state who efficiently carries out an economic activity, lowering prices for other countries |
| Power Transition Theory: Define + Name two mechanisms | 1. Status Quo Rule 2. Rising Power Commitment when rising power and status quo are equal in power, conflict occurs |
| World Trade Organization: What did it replace? Name two relevant things. Define non-tariffs and dumping | Replaced GATT Added non-tarriff barriers (quotas, export subsidies, regulations, dumping, currrency manipulation) and has gridlock Dumping - selling a product at a lower price than production |
| World Bank: Define | Provides loans/grants to middle/low income countries for capital projects |
| Civil War: Name 4 motivators and 3 resolutions | M: 1. Grievance 2. Identity 3. Opportunity 4. State Capacity R: 1. Third Party Guarantee 2. Complex Power Sharing 3. Military Integration |
| International Monetary Fund: When? Define. What are the 3 goals? | Post BW, for countries who have a lot of debt/no one will borrow from Goals: short term stability, long term growth, policy reforms |
| League of Nations: When? Two components | Post WW1, required unanimous voting and failed to reign in countries like the US, Soviet Union, etc. |
| Hegemonic Stability Theory: Define. What term is relevant? | The international system is most stable when a hegemon/dominant power exists * Prisoner's Dilemma (Cooperation) |
| Paris Climate Agreement: Define. How many years? What is the saying? | It legally binded countries to have an NDC (nationally determined contribution) to climate change. They report back every 5 years. "1.5 to stay alive" |
| Gold Standard: When? Define. Pro (3) vs Con (1). | Prior to Great Depression. It backed USD to gold/precious metals. PROS - no inflation, stable currency rates, international finance CONS - financial downturns |
| UNSC: Who? What does it prioritize? Give the state fraction. Who are the P5? How many votes per state? | WW2 Allies. It prioritizes state sovereignty. 9/15. P5 = China, France, Russia, UK, and US. One vote each. |
| What is the Triad? | land, submarine, and nuclear missiles. |
| Fixed vs Floating Rates. Define each. Name two pros and two cons of Fixed. What do most countries pick? | Fixed - pegged to another country's currency - exchange rate stability - no autonomy - low inflation/interest rates - crisis risk * most choose intermediate |
| Name four qualities of statehood. | 1. Territory 2. Population 3. Government 4. Recognition ? |
| Nuclear Proliferation: Vertical vs Horizontal, Force vs Value | Vertical - Increasing one's own nuclear forces Horizontal - Increasing another's own nuclear forces Force - targeting another's military through nuclear means Value - target another's civillian population |
| Sovereignty | States may do as they wish within their own borders War is the ultimate violation |
| Autonomous Monetary Policy | Independece of a country to control its own supply |
| Sparta v Athens: Status Quo v Rising, Autocratic vs Democratic. Land vs Naval. Equal vs Subordinate allies | Sparta: Status Quo, Autocratic, Land, Equal |
| Bretton Woods: When? Birthplace of 3? Define. | Post Depression, Birthplace of GATT, IMF, WB Made USD to gold, other countries to USD |
| Financial Crisis: Name two causes and the key word. | 1. Bad governmental policies 2. International Investor Panic * Contagion |
| Concert of Europe: When? Who (5)? How many years of peace? | Post Napoleonic War. Great Powers (Austria, Britain, France, Prussia, Russia). 40 years of peace. |
| Constructivism vs Realism: Define. Key words. Name Logics of... | Constructivism: state preferences based on social context (norms) * Logic of approperiateness Realism: state preferences based on institutions * Logic of consequences |
| Name 2 pros and 3 cons of International Trade | PROS: greater access to capital and promise of economic growth CONS: loss of autonomy, winners/losers, economic crises |
| Democratic Peace Theory: Define with two mechanisms | Democracies almost never go to war with each other 1. transparency 2. similar public opinion |
| Extended Deterrance: Define. | A commitment to avoid or respond to potiential nuclear scenarios. |
| 1st vs 2nd Strike Capabilties | 1st - knock out an opponent's arsenal in one go (whoever strikes first wins) 2nd - absorb an attack and retaliate with mutually assured destruction * mutiple states have to have this ability |
| Free Trade vs Protectionism | Free Trade - accessible goods across borders under market rates Protectionism - trade barriers that shield domestic producers from international competition |
| General Agreement on Tariffs and Trade: When? What did it elimante? What is the keyword? | Post WW2 to elimate protectionism * key word is most favored nation (treat all trading partners equally) * didn't apply to non-tariff barriers and only focused on manufacturing |
| Levels of Analysis | 1st - individual 2nd - state/unit 3rd - global distribution of power |
| Kantian Peace (Name Three Components) | DPT (Democracy), International Organizations (Cooperation), and Economic Interdependence (More Trade = Higher Cost of War) |
| Responsibility to Protect (Name Four Factors + Define) | 1. Prevent 2. React 3. Rebuild 4. UNSC Approval addresses sovereignty and how if independence fails, collective action is necessary |
| Security Dilemma (Define + 1 key word) | increase in one's security is a decrease in another's * all states live in anarchy |
| Spiral vs Deterrance Model | Spiral = all states are security seeking Deterrance = some states are bad and capitalize for greed |
| Autocratic Leaders (Define 3) | Personalist - accountable to none Non-Personalist - accountable to elites Military - against diplomacy, pro force |
| Mundell Fleming Trilemma (Define and Name three components) | an economy can only maintain 2/3 (exchange rate, monetary autonomy, and free capital mobility) |
| Preferiental Trade Agreement (PTA). Define. | beyond WTO's rules, members can gain preferiental access to each other's markets |
| Prisoner's Dilemma (Define) | Cooperation is hard to maintain even when it is mutually beneficial. One confesses, the other gets 10 years. Both confess, they both get 5 years. None confess, they get 1 year. |
Created by:
Varobbiw
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