Neoliberals argue that the Neorealist view of the world holds best when there is low interconnectivity between states. However, when there is high interdependence, states come to share a wide range of interests in trade, environmental protections, and a range of other issues. Thus, Neoliberals contend that international cooperation is likely to occur because it is in a state’s self interest to do so most of the time. However, they share the sentiment of Neorealists that cooperation is difficult under anarchy. The primary difference between the two is that Neoliberals have confidence in the power of institutions to lower transaction costs and help states
Neoliberals argue that the Neorealist view of the world holds best when there is low interconnectivity between states. However, when there is high interdependence, states come to share a wide range of interests in trade, environmental protections, and a range of other issues. Thus, Neoliberals contend that international cooperation is likely to occur because it is in a state’s self interest to do so most of the time. However, they share the sentiment of Neorealists that cooperation is difficult under anarchy. The primary difference between the two is that Neoliberals have confidence in the power of institutions to lower transaction costs and help states