Free trade is a buzzing concept in modern times, with all governments across the world proclaiming to promote it. Indeed, the last thirty years or so of global economic integration is based on free trade principles – also referred to as laizzez-faire capitalism. Definitely, there are many advantages to be availed as a result of…
Tag: Foreign Policy
The economic and social relations of a globalizing world are creating increasing resemblance between cities
The phenomenon of economic globalization, which took off in the last four decades, has come to define this period in world history. The trading relations between the developed and developing countries reached unprecedented heights during this period. While this boosted the Gross Domestic Products of the involved countries, the distribution of wealth within nations has…
Critically assess the effect of terrorism and counter-terrorism measures on global norms and institutions
The first few years of the new millennium is defined by the rise of terrorism across the world. This escalation is attributable to two primary causes. The first is the hegemonic foreign policy initiatives of the United States of America, tacitly supported by its strong allies that include Britain and Australia. The second is the…