1 / 13

GO131: International Relations Professor Walter Hatch Colby College Economic Power

GO131: International Relations Professor Walter Hatch Colby College Economic Power. Old Debate over Economic Power. Mercantilism versus Liberalism. Mercantilism. 16 th to 18 th centuries Gold and Silver Bullion = State Power X > M. Neo-Mercantilism.

meryl
Download Presentation

GO131: International Relations Professor Walter Hatch Colby College Economic Power

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. GO131: International Relations Professor Walter Hatch Colby College Economic Power

  2. Old Debate over Economic Power • Mercantilism versus • Liberalism

  3. Mercantilism • 16th to 18th centuries • Gold and Silver Bullion = State Power • X > M

  4. Neo-Mercantilism • 19th century economic philosophy • Germany (Friedrich List), U.S. (Alexander Hamilton), and Japan (Ministry of Commerce and Industry) • Promote and protect manufacturing

  5. Commercial Liberalism • Eighteen and nineteenth centuries • David Ricardo and Adam Smith • Gains from trade via specialization

  6. Comparative Advantage

  7. Heckscher-Ohlin Theory

  8. Laissez-Faire

  9. So …Why do governments still intervene in markets? • Classical liberals: domestic politics • Realists: relative gains

  10. Hegemonic Stability(Neo-Realism)

  11. Neo-liberal Institutionalism

  12. The International Economic Order: Fair or rigged? • Realists and liberals don’t care • Marxist theorists do • Leninism • Dependency Theory • Modern World System Theory

  13. Modern World System Theory

More Related