International vs. Supranational Organizations?
International: Cooperation, diplomacy | Supranational: Shared rules, enforcement power.
Economic Liberalization vs. ISI?
Economic Liberalization: Open economy, reduced tariffs | ISI: Domestic focus, tariffs, subsidies.
Nationalistic vs. Receptive Regimes?
Nationalistic: Wary of organizations, prioritize autonomy | Receptive: Value cooperation, open to agreements.
Cause & Effect: Conditionalities from IMF/World Bank?
Cause: Seeking loans/aid | Effect: Economic reforms, potential loss of national control.
Cause & Effect: Adoption of ISI?
Cause: Desire for self-sufficiency | Effect: Increased domestic production, potential trade conflicts.
What is the goal of Economic Liberalization?
Boost economic growth by opening up the country's economy.
What is the goal of Import Substitution Industrialization?
Increase self-sufficiency and pursue specific domestic goals.
