Political Science 1020E Lecture Notes - Lecture 25: Planned Economy, Richard N. Haass, Multilateralism

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W25l world order, global governance and the rise o. Co-optation rather than coercion and via culture and value legitimacy. International system: like a party system, pattern of interactions with casual impact. A pole: has an exceptionally large share of the major power resources. One state with greatly disproportionate share of power, no major rivals. More than two major powers, balancing behaviour, but potential for mistakes. Ww2-1991: bipolarity, with usa and ussr as superpowers with global interest, global rea. In nuclear era, cold rather than hot war, proxy wars in korea and vietnam. After ww2, usa constructs liberal international economic order: Bretton woods: international monetary fund, world bank and general agreement o. United national: indispensable, but not transcendent ise of l reach: nt on tariffs and trade (now wto) After 1991: unipolarity, usa far outstripping all possible rivals. Massive advantage in all areas- from superpower to hyper power. Us decline: constraints on military power, economic difficulties, imperial over reac.

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