The Impact Of Neoliberal Institutionalism On The United States Of International Relations Theory

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RAL INSTITUTIONALISM Neoliberal Institutionalism is one of many schools of international relations theory often used to both describe and predict trends and characteristics of the global political landscape. The ‘new’ liberal institutionalist school of international relations theory owes it roots to the functional integration study of the 1950’s and 1960’s, and the complex interdependence scholarship of the 1970’s and 1980’s (Lamy p.132). As part of the larger umbrella of liberal approaches, neoliberal institutionalism holds a typically positive view of humanity and possibilities for interaction, peace and cooperation, yet places more emphasis on exploring the role of institutions than its predecessors. To comprehensively understand the neoliberal institutional approach to world politics, it is also necessary to understand its opposing theory of neorealism. While the two schools of thought disagree on the implications of political structure, both scholarships share similar epistemology and asks largely the same questions which is why Keohane and Martin(1999:3) refer to neoliberal institutionalism as “the half sibling of neorealism”; making it insufficient to discuss one without comparing it to the other. Therefore I have framed much of my definition of neoliberal institutionalism in the context of the ‘neo-neo’ debate. As mentioned above, the state centric theoretical approaches of neoliberal institutionalism and neorealism shares in many key assumptions of the global
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