Power &: Interdependence

Power can be exercised by setting the (deciding what gets talked about) rather than just winning an argument. III. The Role of International Regimes

: How quickly and intensely changes in one country affect another. For example, a sudden rise in oil prices immediately impacts all importing nations.

The less-dependent state often has more in negotiations. Power & Interdependence

Traditional international relations often focus on "high politics" (security and survival). Keohane and Nye introduced to describe a world where:

: A state's ability to adjust and find alternatives over time. If a country can easily switch to solar power when oil prices rise, it is sensitive but not highly vulnerable. Bargaining Power Power can be exercised by setting the (deciding

As countries become more intertwined, they create —sets of rules, norms, and procedures that govern specific issue areas (like the World Trade Organization for trade).

: Military security no longer consistently dominates. Economic, environmental, and social issues (often called "low politics") are frequently at the forefront of national agendas. For example, a sudden rise in oil prices

These institutions help and make cooperation more predictable.