International institutions in the global economy Flashcards
(16 cards)
How does Keohane (2005) define institutions?
Persistent and connected sets of rules that prescribe roles, constrain activity, and shape expectations.
What are the two types of institutions?
Formal (legal, political, economic, education, healthcare) and informal (culture, morals, norms).
What are the four approaches to institutional formation?
Efficiency, Accidental, Cultural, Conflict.
What are the common elements of international institutions?
Institutional agreement, international member states, international law/system, and a defined purpose.
What is global governance (UN, 2014)?
The totality of institutions and processes through which states and citizens manage transnational challenges.
Why is there demand for global governance?
States often fail to provide basic functions like defence, infrastructure, education, and disaster relief.
What are Koenig-Archibugi’s (2003) three dimensions of international institutions?
Publicness, Delegation, Inclusiveness (Access and Weight).
What are the four main functions of international organisations (Gilligan & Johns, 2012)?
Authorising force, manipulating domestic politics, developing expertise, adjudicating disputes.
What are current challenges in global governance (UN, 2014)?
Institutions lag behind globalisation, are asymmetrical, and miss key areas of common interest.
What are the three generations of theoretical models (Gilligan & Johns, 2012)?
First: 2x2 games (e.g., Prisoner’s Dilemma)
Second: Bargaining models with domestic politics
Third: Models addressing distribution, flexibility, multilateralism
What is the repeated Prisoner’s Dilemma in international cooperation?
States prefer to cheat > cooperate > not cooperate > be cheated on (D > C > Q > L).
What is the neorealist view of cooperation?
States fear others will use gains to attack, so they seek unequal gains to maintain security.
What is the neoliberal view of cooperation?
States cooperate if gains exceed transaction costs, especially in economic and environmental issues.
What do second-generation models emphasize?
Endogenous payoffs from bargaining and the role of domestic politics in ratifying agreements.
What is Mo’s (1994) contribution to second-generation theory?
States must vote domestically to ratify international agreements.
