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The Obstructive Power of Ideas: The Role of Ideational Conflict in Preventing International Coordination

O'Hare, Kevin M.

Abstract Details

2012, Master of Arts (MA), Ohio University, Political Science (Arts and Sciences).
This thesis examines the effects that economic ideas have on international coordination and how ideational change affects international economic coordination. It traces the international responses to the Mexican Peso Crisis, the Asian Financial Crisis, and the Subprime Crisis while focusing on the nature of the response from international bodies such as the IMF, the G7/8 and G20. It is argued that in the absence of an economic hegemon, ideas are central to the policy responses, as the ideas policy makers hold about how the economy works at the microeconomic and macroeconomic levels can promote or hinder international economic coordination. As the ideas of some leaders have changed while others have not, ideational conflict has resulted. The primary conflict is between neoliberals, who believe that markets work almost all of the time and liberal interventionists, who believe that markets work a lot of the time, but can still fail in many cases. These two viewpoints about the economy lead to different conceptions of the correct policies needed to restore growth and stability to the international economy and as a result of these ideational conflicts, international economic coordination has suffered.
James Mosher, PhD (Committee Chair)
Andrew Ross, PhD (Committee Member)
Takaaki Suzuki, PhD (Committee Member)
173 p.

Recommended Citations

Citations

  • O'Hare, K. M. (2012). The Obstructive Power of Ideas: The Role of Ideational Conflict in Preventing International Coordination [Master's thesis, Ohio University]. OhioLINK Electronic Theses and Dissertations Center. http://rave.ohiolink.edu/etdc/view?acc_num=ohiou1344281173

    APA Style (7th edition)

  • O'Hare, Kevin. The Obstructive Power of Ideas: The Role of Ideational Conflict in Preventing International Coordination. 2012. Ohio University, Master's thesis. OhioLINK Electronic Theses and Dissertations Center, http://rave.ohiolink.edu/etdc/view?acc_num=ohiou1344281173.

    MLA Style (8th edition)

  • O'Hare, Kevin. "The Obstructive Power of Ideas: The Role of Ideational Conflict in Preventing International Coordination." Master's thesis, Ohio University, 2012. http://rave.ohiolink.edu/etdc/view?acc_num=ohiou1344281173

    Chicago Manual of Style (17th edition)