Neoliberalism and Neorealism

Paper Summary:

This paper discusses two of the most commonly used contemporary theories international relations, specifically with regard to the end of the Cold War. In light of the recent demise of the Soviet Union and the subsequent withdrawal of Soviet forces from Central Europe, the debate between neoliberal institutionalism and neorealism has taken on a new relevance. Neorealism and Neoliberalism concentrates on issues of conflict and cooperation with their implications for post-Cold War international relations.

From the Paper:

"International relations is a branch of political science that deals with the foreign policy of countries within the international system. In political science, there are various approaches to international relations such as institutionalism, constructivism, and Marxism. In the 21st century, the most influential and predominantly used approaches to international relations are Neorealism and Neoliberalism. Neorealism claims that institutions in the international community only play a minor role in shaping international politics and that co-operation between nation states is impossible in anarchy (Powell 1994)."

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