Multilateralism
Cooperation among multiple states through institutions or agreements.
Interpretations
- Institutionalist: Creates norms, reduces transaction costs, builds trust.
- Realist Critique: Works when aligned with power interests.
Examples
A simple, concrete illustration to make it click.
- Everyday: A neighborhood association pools dues to fix a park; cooperation creates rules and shared oversight.
- Policy: Countries join a climate accord that sets reporting rules and targets with monitoring.