PSCI283 Lecture Notes - Lecture 3: Friedrich List, Economic Nationalism, Mercantilism
16 Dec 2019
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Document Summary
Rational choice theory continues to provide the basis for methodological disputes in. Realist perspectives in ipe: state and the states power, states need money to become powerful. Interest sin international negotiations are around creating wealth so they can maintain their power. Mercantilism: money is power and power is money. Friedrich list: the state"s economic interests were to be balanced between long-term and short-term goal. The national economic interest is comprised of competing national interests: commitment to a nationalist, not statist, ontology. Not focused on idea of the state but rather nationalism. Neomercantilism (20th century: differs fundamentally in that it deals exclusively with industrialized countries. Economic statecraft identifies commercial means used to advance states powers against other developed country. Strategic trade theory targets only selected industries. Industries that are under danger from international competition. Non-tariff barriers: harder for countries to put in tariffs if they are committed to following the rules of the wto, subsidies governments give money to industries.
