regulate and facilitate international trade between nations. It officially commenced operations on January 1, 1995, succeeding the General Agreement on Tariffs and Trade (GATT), which had been in place since 1948. The WTO aims to ensure that trade flows as smoothly, predictably, and freely as possible. This essay outlines the key objectives and the organizational…
Tag: political-science
What in your assessment are the salient characteristics of the current phase of globalisation ?
Globalization, the process of increased interconnectedness and interdependence among countries, has evolved significantly over the past few decades. The current phase of globalization is characterized by several salient features that differentiate it from earlier periods. These characteristics include technological advancements, shifting economic power, rising protectionism, complex global supply chains, increased digital connectivity, and heightened focus…
Write a note on Asia Pacific Economic Co-operation (APEC).
Asia-Pacific Economic Cooperation (APEC) is a regional economic forum established in 1989 with the primary goal of fostering sustainable economic growth and prosperity in the Asia-Pacific region. Comprising 21 member economies, APEC aims to promote free trade and economic cooperation throughout the Asia-Pacific region, which includes some of the world’s most dynamic and fast-growing economies….
Is India an ’emerging’ or middle power ? Or, both ? Explain.
India’s status on the global stage has been a subject of extensive analysis and debate. The terms “emerging power” and “middle power” are often used to describe India’s position in international relations, and understanding whether India fits one or both categories requires an examination of its economic growth, geopolitical influence, and strategic behavior. Emerging PowerThe…
Trace the evolution of Non-aligned movement and discuss its contemporary relevance.
Evolution of the Non-Aligned Movement and Its Contemporary RelevanceThe Non-Aligned Movement (NAM) emerged during the Cold War as a coalition of countries that sought to remain independent of the two major power blocs led by the United States and the Soviet Union. Since its inception, NAM has evolved in response to changing global dynamics, and…
Review the contributions of Latin American Social Scientists to the theory of dependency.
Contributions of Latin American Social Scientists to the Theory of DependencyThe theory of dependency emerged in the mid-20th century as a critical response to the modernization theory, which posited a linear path of development for all nations. Latin American social scientists played a pivotal role in shaping and advancing the dependency theory, which provided a…
What are the underlying assumptions of the concept of ‘Realism’ in IR theory? Explain ‘neo-realism.
Understanding the Underlying Assumptions of Realism in International Relations TheoryRealism, as a foundational concept in International Relations (IR) theory, presents a worldview that emphasizes the role of power, state sovereignty, and self-interest in shaping global politics. At its core, realism operates under several key assumptions that form the basis of its theoretical framework.1. State-Centrism: Realism…
Discuss Lenin’s contribution to bring communist revolution in Russia.
Vladimir Lenin, a central figure in the Russian Revolution of 1917, played a pivotal role in leading the Bolshevik Party to power and establishing the world’s first communist state. Lenin’s contributions to the communist revolution in Russia were multifaceted and encompassed strategic leadership, ideological guidance, and organizational prowess. His ideas and actions reshaped the course…