Neoliberal institutionalism

•1975 Keohane and Nye-power and interdependence

•1984-Keohane After Hegemony

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

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

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

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

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