neoliberalism
Emerging Relevance of Neo-Liberalism in International Relations:
A case study of BRICS
Origin of Neo-Liberalism
Neo-Liberalism as a school of thought has a significant origin, Post world war II scenario lead Nation States to form some sort of organisational setup in various arenas to overcome the overall war ruptured economic and political disturbances the emergence of World Bank can be considered as an example, but even though these system of institutions occurred but a relevant theory depicting them was not seen in the larger context.
Neo-Liberalism as a theory though off late drawn itself from the idealistic view of institutional building clearly depicts the existing scenario of “Neoliberal Institutionalism”, so thus one can clearly say that the implication of the theory existed first followed by its formulation itself. Though initially there was no coherent picture about the role of International Organisations in International Relations but works like Robert O.keohane and Joseph Nye’s Power and Interdependence (1977) and Stephen Krasner International Regimes (1983) framed some sort of explanation for its study and its behaviour in International arena.
This scenario laid path for recognising Non-governmental organisations role in framing the international economic cooperation which though widely existed but not widely seen and thus tried to explain and view the totality of cooperative efforts among Nation states. The overall concern of neo liberalism is to bring together and build collective cooperation among nation states and other actors of the International system.
The origin of Neo-Liberalism could be considered as the striving phenomena for the world to come together for a better social, political and economic setup in which the cooperation between the nation states would be brighter by building up of regimes. In fact it is very clear in the world Anarchy that such Regimes could also be the barriers for the dynamic change in the sequences among
A case study of BRICS
Origin of Neo-Liberalism
Neo-Liberalism as a school of thought has a significant origin, Post world war II scenario lead Nation States to form some sort of organisational setup in various arenas to overcome the overall war ruptured economic and political disturbances the emergence of World Bank can be considered as an example, but even though these system of institutions occurred but a relevant theory depicting them was not seen in the larger context.
Neo-Liberalism as a theory though off late drawn itself from the idealistic view of institutional building clearly depicts the existing scenario of “Neoliberal Institutionalism”, so thus one can clearly say that the implication of the theory existed first followed by its formulation itself. Though initially there was no coherent picture about the role of International Organisations in International Relations but works like Robert O.keohane and Joseph Nye’s Power and Interdependence (1977) and Stephen Krasner International Regimes (1983) framed some sort of explanation for its study and its behaviour in International arena.
This scenario laid path for recognising Non-governmental organisations role in framing the international economic cooperation which though widely existed but not widely seen and thus tried to explain and view the totality of cooperative efforts among Nation states. The overall concern of neo liberalism is to bring together and build collective cooperation among nation states and other actors of the International system.
The origin of Neo-Liberalism could be considered as the striving phenomena for the world to come together for a better social, political and economic setup in which the cooperation between the nation states would be brighter by building up of regimes. In fact it is very clear in the world Anarchy that such Regimes could also be the barriers for the dynamic change in the sequences among