PSCI 4356 Lecture Notes - Lecture 3: International Trade, Byrsonima Crassifolia, Mercantilism
Document Summary
Study the political battle of winners and losers from global economic exchange. An outcome of international economics, we get winners and losers and they ght. Causal arrows tend to go both ways through: local/national politics in uence international economics. Originated in 1970s during economic crisis, oil embargoes. Peinhardt: an examination of markets and power relations and their simultaneous effects on one. Idealism was on the rise after wwi: realism started growing after wwii, willing to consider non-state actors as important players in international politics. Ipe takes pieces of both of these: sub-groups within the state (bureaucracies, courts, legislatures, etc. , pressure groups or interest groups, social movements, multi-national corporations. Ipe/economics tend to be on the generalist side - why do countries choose free trade: common assumptions. Resources are scare, too scare for everyone to get everything they want. Distributional con ict is the root of lots of debates and ghts.