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Globalization and

economic conflict
Development

How to manage
Monetary &
global
finance
governance?

International Autarchy?
political Anarchical society Interdependency?
economy Dependency?

Conflict How our


Chaos
Trade foreign
economic
policy can cope
Crisis War with it?
FDI & MNC
Hegemonic
Us or china?
leadership

A set of explicit or
International implicit principles,
norms, rules, & decision WTO
political International making procedures IMF
economy regime around which actors World Bank
expectations converge in
a specific issue area

International
G7 G20
coordination &
cooperation
Conflict in IPE
Definitions:
-escalating of disagreement
-zero sum situation
-beliefs other will acts against them
Five beliefs can lead
to conflict
-superiority
MNC State -injustice
-vulnerability
-distrust
-helplessness

Society

Six variant of possible


conflict in IPE
Conflict resolution in IPE

Negotiation A B

Mediator
Mediation
A B

Dispute Impartial
resolved adjudicator/ Binding
Arbitration arbitrator
by

A B
dispute settlement in WTO

Dispute parties WTO Dispute Setting up the


on trade settlement panel
matters body

Panel

A B

Consultation Panel

Final
First
Submit paper Hearing Rebuttal Experts Review draft Appeal
draft Rulling

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