An overview of the relationship between liberal and neo-liberal theories and international politics.
Written in 2005; 861 words; 4 sources; APA; $ 30.95
Paper Summary:
According to sociologists, since the 1970s, market-based economic policies have been institutionalized as a nearly global policy paradigm embodying first, liberalism, and later, neo-liberalism. The purpose of this report is to discuss the theories of liberalism and neo-liberalism in studying international politics and to identify the limitations of these approaches.
From the Paper:
"In neoliberalism, which developed in the final decades of the twentieth century, a set of economic principles became part of the accepted framework for thinking about and acting upon both the economy and the relations of states to one another. Neoliberalism assumed that a positive outcome both economically and politically would be generated through a wave of reforms ? privatizations, dismantling of social welfare programs, the retreat of the state from economic regulation, tax cuts, and the opening of national boundaries."
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