PLS 160 Lecture Notes - Thai Baht, 1997 Asian Financial Crisis, Kenneth Waltz
Document Summary
July 1997, thai baht value plummets and other countries in the region follow the same currency crash. A framework for organizing explanations in world politics in terms of size and complexity of the actors, behavior, and outcomes involved. International system and nation-state: david singer international system. Similar to a framework developed by kenneth waltz. The individual: what an actor would do under a particular set of circumstances. Takes into consideration actor"s preferences and personal characteristics such as education and experience. Also looks at the role of the actor within the bureaucracy. Relationships and patterns of interactions with other states. Level used depends on theory and data availability. Opportunity: the possibilities and constraints a decisionmaker faces (ability to do something). Willingness: the motivation to take advantage of the opportunity (want to do something) Behavior is a result of both opportunity and willingness.