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Part of the book series: International Political Economy Series ((IPES))

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Abstract

In the years and decades after 1944, the United States (US) took the lead in constructing a grand liberal multilateral order (Ikenberry, 2001; Patrick, 2009). This US-sponsored global architecture covered both security and economic affairs. Some institutions were created immediately after World War II, such as the Bretton Woods institutions and the General Agreement on Tariffs and Trade (GATT). Others came later and were set up for different reasons - the monetary and oil crisis of the early 1970s, for example, spawned the G7 and the International Energy Agency (IEA). Many of these institutions had a truly global span, and even those that were confined to the Western camp often took on global aspirations after the end of the Cold War.

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© 2015 Dries Lesage and Thijs Van de Graaf

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Lesage, D., Van de Graaf, T. (2015). Analytical Framework and Findings. In: Lesage, D., Van de Graaf, T. (eds) Rising Powers and Multilateral Institutions. International Political Economy Series. Palgrave Macmillan, London. https://doi.org/10.1057/9781137397607_1

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