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Neoliberal institutionalism, developed by Robert Keohane, & liberal theory of international relations elaborated by Andrew Moravcsik, nowadays represent two grand International Relations (IR) theories drawing on liberalism as one of the main theoretical approaches in this discipline. However, Keohane conceived of neoliberal institutionalism as a synthesis of realism & liberalism & Moravcsik proceeds from a specific understanding of liberalism & defines liberalism by the criteria of empirical social science. This essay examines, therefore, whether neoliberal institutionalism & liberal theory indeed involve & assemble together the main ideas of liberalism. The perspective applied in the essay is based on the intellectual history of liberalism and, in this way, regards the assumptions about the most fundamental actor in international relations & about the evolution of international relations as the intellectual core of liberalism. According to liberalism, individuals & collective social actors constituted by individuals (social & bureaucratic groups) are the most fundamental actors in international relations & international relations undergo transformation, in the course of which cooperation gradually prevails over conflict. Neoliberal institutionalism considers the state to be the most fundamental actor in international relations & assumes that the nature of international relations transforms & they acquire a more cooperative character. Liberal theory claims that individuals & social groups are the most fundamental actors & that international relations undergo transformation that is marked by the growth of cooperation. Consequently, whereas neoliberal institutionalism involves the intellectual core of liberalism only to some extent, liberal theory implies that there is a grand theory that subsumes the main ideas of liberalism. Adapted from the source document.

The project of world trade liberalization undertaken by the WTO is subject to heavy criticism from many different international actors. This paper suggests a way to analyze a problem of many widely differing subjects opposing a complex, ambitious & far-reaching project. First the conflict over the trade liberalization project is introduced, the most relevant subjects of international politics identified & selected subjects' most relevant interests & goals are discussed. The analysis then focuses on the common belief that the main divide over the trade liberalization project lies between WTO officials, developed countries, their pressure groups & multinational corporations on one side, & nongovernmental organizations & developing countries' representatives on the other. This hypothesis is tested according to definitions of stakeholders' interests, & a subsequent prediction of likely coalitions on each key issue. Finally, an alternative division is suggested. Adapted from the source document.