Introduction to global politics - Term Paper Example

Only on StudentShare

Extract of sample
Introduction to global politics

China is now the cynosure of eyes in pure business terms. Countries like India and Brazil have also been able to invite world attention, as huge investment possibility exists in these poor countries as well. Countries like India and Brazil have also been able to invite world attention, as huge investment possibility exists in these poor countries as well. Unlike earlier times, when the military might was the only yardstick to measure the strength of a country, today the economic strength holds key. Strategic tie-ups take place amongst countries depending upon the economic leverages being held by each country. The classical liberalism limited the role of governments to maintaining social order, enforcing law and defending the country against foreign aggressions. This kind of liberalism hinged on individualism, with respective countries making best efforts to safeguard their own interests. But, over the years this philosophy has widened to a great extent. The neo-liberalism not only includes the individualistic or country specific aspects, but it also includes regional interest as well as global interests. For example, the recession hit economies of US and the European nations is a matter of concern for almost all countries around the world, because a weak US economy, weaker dollar, weaker Euro would imply all round losses to many countries around the world. On the other side, the neo-liberalism promotes institutions like world bank or IMF, which provide easier loans and financial assistance to nations in need of such assistance. ...
Download paper

Summary

Indeed, if we compare today's geopolitical environment with that of yesteryears, the impact of globalisation is quite perceptible. America, the only superpower knows it quite well, that its corporate world requires having a market, which in turn would bring growth to US economy…
Author : baileysenger

Related Essays

Global Politics and Economics
3 pages (753 words) Essay
International organisations in global politics
7 pages (1757 words) Essay
Comparative Politics
6 pages (1506 words) Essay
Global Politics
12 pages (3012 words) Essay
History of global politics
14 pages (3514 words) Essay
Global Economy and Politics
6 pages (1506 words) Essay
The Politics of Global Communications
4 pages (1004 words) Essay
Got a tricky question? Receive an answer from students like you! Try us!