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This paper argues that politics and economics at the turn of the century are functions of the New World Order and globalization. It describes how world politics are being shaped by increased intervention in the affairs of one country by another, made complicated by the assumptions and fear regarding possible possession of weapons of mass destruction. The paper demonstrates that the massive globalization that has taken place primarily because of the Internet Revolution.
From the Paper:"The turn of the century has heralded the New World Order that has changed the face of world politics while globalization continues to shape world economics. The so-called New World Order constitutes collapse of sovereignty, increased intervention by one state in another state's domestic policy and possession of weapons of mass destruction. Any of these constituents were potentially upsetting to the previous state of world politics. This is the reason they mark the beginning of a New World Order. World economies continue to be shaped by the onslaught of globalization, approaching recession, the role played by the World Bank and the geographical limitations of underdeveloped nations. This paper discusses the changes brought about to the world politics and economics in the contexts stated above and supports it with adequate explanations."
Cite this Essay:
World History (2003, March 28) Retrieved May 19, 2022, from https://www.academon.com/essay/world-history-22827/
"World History" 28 March 2003. Web. 19 May. 2022. <https://www.academon.com/essay/world-history-22827/>