Sustainable development is a comprehensive and integrative concept that aims to meet the needs of the present without compromising the ability of future generations to meet their own needs. This notion, popularized by the Brundtland Commission in its 1987 report “Our Common Future,” encompasses economic growth, social inclusion, and environmental protection. Sustainable development requires balancing…
Tag: political-theory
Bring out the key arguments of the dependency approach in International Relations.
The dependency approach, also known as dependency theory, emerged in the mid-20th century as a critique of modernization theory and the prevailing economic order that was seen as perpetuating global inequality. Primarily developed by scholars from Latin America, such as Raúl Prebisch, Fernando Henrique Cardoso, and Andre Gunder Frank, dependency theory focuses on the relationships…
What role do you envisage for India in the evolving new global order ? Explain
As the global order undergoes significant transformations, driven by shifts in economic power, technological advancements, and geopolitical realignments, India stands poised to play a pivotal role. This role is shaped by its growing economic clout, strategic geographical position, demographic advantages, and active engagement in international diplomacy. In the evolving new global order, India is likely…
Analyse the role of the World Bank and IMF in the management.
The World Bank and the International Monetary Fund (IMF) are two of the most influential international financial institutions (IFIs) that play critical roles in global economic management. Established in 1944 during the Bretton Woods Conference, these institutions have distinct but complementary functions aimed at fostering global economic stability, development, and cooperation. This analysis explores their…
Describe the objectives and the organisational structure of the World Trade Organization (WTO).
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…
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…
Distinguish between classical and modern political theory.
Classical and modern political theory represent two distinct periods in the development of political thought, each characterized by its own unique approaches, themes, and intellectual currents. While classical political theory refers to the works of ancient and medieval philosophers and theorists, modern political theory emerged during the Enlightenment and encompasses the ideas of thinkers from…