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interdependence

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Asia Pacific Economic Cooperation

Overview page. Subjects: Politics — Economics.

(APEC)

An association of nations around the Pacific rim aiming at the creation of a Pacific free‐trade area. APEC was set up in 1990; it has 21 members, including Australia,...

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Finance, International

Overview page. Subjects: Politics.

International finance refers to monetary transactions across political borders, usually involving the exchange of currencies. Because different economies use different currencies, basic...

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globalization

Overview page. Subjects: Social Sciences.

In a general sense, the increasing worldwide integration of economic, cultural, political, religious, and social systems. Economic globalization is the process by which the whole world...

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gold standard

Overview page. Subjects: Economics.

The setting of the value of a paper currency by reference to and exchangeable for gold (cf. convertibility). The USA operated a gold standard until 1971 fixed at US$35 an ounce.

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international organizations

Overview page. Subjects: Law.

International organizations (‘IGOs’) have been a major feature of the international legal environment since the nineteenth century. IGOs are created by states for carrying out specified...

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international political economy

Overview page. Subjects: Politics.

International political economy (IPE) emerged as a heterodox approach to international studies during the 1970s as rising oil prices and the breakdown of the Bretton Woods international...

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international Relations

Overview page. Subjects: Politics.

The discipline that studies interactions between and among states, and more broadly, the workings of the international system as a whole. It can be conceived of either as a...

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mercantilism

Overview page. Subjects: History — Social Sciences.

The 17th-century economic belief that aimed to exploit natural resources fully to promote exports and limit imports. Mercantilists believed that the possession of gold or ‘bullion’ was...

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nonstate actors

Overview page. Subjects: Social Sciences — International Law.

This term appears to have been first used in the Cotonou Agreement of 13 June 2000 between the European Community and 79 ACP (African, Caribbean, and Pacific) States, art. 4 ...

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regime

Overview page. Subjects: Politics.

A system of government or administration. The most common use of this promiscuous term in recent years has been in the phrase ‘military regime’. So while any government may be termed a...

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