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A classic liberal "institutionalist" explanation of cooperation in a world of independent, sovereign states.In brief, interdependence among states brings both costs and benefits. In order to minimize the costs while maximizing the benefits, states cooperate with each other in international institutions. These institutions provide a forum for bargaining, a centralized bureaucracy for surveillance of compliance, and a dispute resolution mechanism. Such cooperation persists even in the absence of a...
The cornerstone of neoliberal thought (along with Keohane and Nye's Power and Interdependence). The idea that institutions prosper long after hegemony's fall because states want them to is an interesting and poignant proposition. In observing the world today, and the stress the UN has come under because of US unilateralism, it is clear to see that Keohane is right on target.
One of the early liberal-institutionalist works that would ultimately destroy realism's stranglehold on the field of international relations. The book argues that states cooperate much more than they compete, and he looks at why this might be the case. The book feels a bit outdated now, although the basic analysis and his fundamental challenges to realism are still relevant.
A nice step beyond hegemonic stability theory and Waltz's neorealism. Institutions can remain even after the hegemon that created them goes into decline, thus supporting the economic system designed by the hegemon. Perhaps a little dated now, especially with the idea that international institutions themselves can be actors, rather than just forums that help reduce transaction costs.
The chapters by Keohane were reasoned and organized, but I thought that Waltz was extremely meandering in finding his point and greatly obscured what he was trying to explain.
[Disclaimer: This is a snapshot of my thoughts on this book after just reading it. This is not meant to serve as a summary of main/supporting points or a critique – only as some words on how I engaged with this book for the purposes of building a theoretical framework on strategy.]-- Assigned chapters 3, 4, and 6 for School of Advanced Air & Space Studies curriculum -- Keohane presents an alternative to the requirement for a hegemon as the foundation for cooperation between states – internation
This book is a bit dated in its hope in international "regimes" as described by Keohane. It reflects a blind faith, common in the late 1980s and 1990s, that international organizations will provide the requisite stability for global security and prosperity. Now that we know this is not true, with the weakening of organizations such as the UN, NATO, and even OPEC (with the advent of an increased production from the US), it is still a decent reference as a snapshot in time. Hegemony, even limited,...
A well-written tour de force by Keohane which uses game theory to set up a post-hegemonic society where cooperation is funneled through IGOs. There are lots of potential applications for foreign policy analysts as well as those aiming to work for an IGO.
A classic response to the power theories. Albeit it still rests on naive materialist assumptions of human/state behavior.
Keohane's foundational text on neoliberaliism, in which he lays out his theory that cooperation can be formed without the need of a hegemon.
These are quite dangerous thoughts, I think. Wishing for a hegemonous single world power. Who has ever held great power and not abused it? Practically unreadable.