s growing economic interdependence and globalization changing the way the world works? What would the realist, liberal, and neo-Marxist answers to this be?
Ans.
Yes , it is true that the growing economic interdependence and
globalization changing the way the world works. On one side lot of
manufacturing .
There has been growing integration of world markets for goods and
service and capital markets for movement of capital across the
borders.
Realist belied in the self-center of the economy. And gave high
authority and power to the states and they will not be in favor of
the growing interdependence and globalization. They believed states
to be self sufficient and don’t be dependent on anyone.
Liberal- believed in the interdependence and more open
international relations and foreign trade.
Neo-Marxist believe in terms of the stability of the economies and interdependence. They are in favor of the globalization and interdependence and believe in capitalism.
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