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Neoliberal institutionalism

Explore neoliberal institutionalism by Keohane and Nye, focusing on state cooperation, mutual benefits, and managing anarchy through institutions. Learn about Functionalism theories to prevent war and promote international cooperation.

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Neoliberal institutionalism

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  1. Neoliberal institutionalism 1975 Keohane and Nye-power and interdependence 1984-Keohane After Hegemony

  2. State cooperation • Harmonization of actions among states • Aim is to reach mutually beneficial outcomes • Cooperation through institutions • Overall aim is to manage anarchy by reducing uncertainty by generating information

  3. Anarchy • Key assumption in neoliberalism as well • Yet, it can be managed by institutions rather than only by balance of power • This constitutes a key difference from neorealism • Both neorealism and neoliberalism- see anarchy as given

  4. 2nd versus 3rd image • 2nd image-state level theories- all theories that look at domestic level attributes • 3rd image- systemic factors- neorealism and neoliberalism are both systemic • Their main unit of analysis are different

  5. Functionalism • 1943 David Mitrany-A working peace system • Territory and authority linkage is cause of war • Aim is to divorce these two and create a linkage between function and authority

  6. International cooperation • Functionalism-theory of international cooperation • Aim is to prevent another European war • Neofunctionalism-Haas- 1957, theory to understand precisely the European integration process • Both explain integration- could be seen as an alternative to power politics

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