EVOLUTION OF THE INTERNATIONAL ECONOMIC SYSTEM

1. EVOLUTION OF THE INTERNATIONAL ECONOMIC SYSTEM

Bretton Woods to WTO; Socialist economies & CMEA; Third World demand for NIEO; Globalisation of world economy

A. South-South Cooperation & North-South Divide

1. Examine the problems and prospects of South-South economic cooperation. (1991)
2. The central focus of global politics is no longer the conflict between Socialism and Capitalism, but North versus South. Explain. (1992)
3. Discuss the Third World perspective on the causes and cures of underdevelopment. (1993)
4. Comment: North-South conflict at Rio. (1997)
5. Identify some of the major issues challenging the North-South countries. (2001)
6. Elaborate the factors which cause North-South divide in the age of globalisation. (2008)
7. Explain the concept of the North-South divide and suggest how structural inequalities between the high wage, high investment industrial North and low wage, low investment predominantly rural South can be reduced. (2016)

B. International Economic Order & NIEO

1. Analyse the unjust and hegemonic aspects of the existing international economic order and the factors which perpetuate such an order. (1995)
2. Liberalization and Globalization are feared by the developing countries, as the Trojan Horses of the developed countries. Elucidate. (2000)
3. Comment: The New International Economic Order. (2000)
4. How far the existing international economic order is unjust and hegemonic towards developing countries? (2002)
5. “The IMF, World Bank, G-7, GATT and other structures are designed to serve the interests of TNCs, Banks and investment firms in a ‘New Imperial age’.” Substantiate with examples of governance of new world order. (2016)
6. Explain the significance and the importance of the demand raised by the developing countries for a New International Economic Order (NIEO). Are they likely to achieve their objectives of NIEO in foreseeable future? (2020)

C. Bretton Woods Institutions, WTO & Trade Regimes

1. Comment: GATT treaty and developing countries. (1994)
2. Comment: Intellectual Property Rights and free world trade. (1996)
3. Comment: Main features of WTO. (2003)
4. How has geo-economics replaced geo-politics in the present International scenario? (2008)
5. Explain the role of non–state actors, like IMF, World Bank, European Union and MNCs, in modulating and transforming the broad dynamics of international relations. (2009)
6. Sketch the journey of global political economy from Washington Consensus to the present. (150 words) (2013)
7. How are the rising powers challenging the USA and Western dominance in the IMF and the World Bank? (2019)
8. Critically evaluate the role of the United States of America in the World Trade Organization (WTO) dispute settlement mechanism and its implications for the future of the WTO. (2020)
9. Identify and evaluate the reasons for deadlock in the WTO negotiations on fisheries between the developing and developed countries. (2022)
10. The return of trade barriers and economic sanctions has diminished the spirit of GATT. In this context, discuss the factors contributing to the decline of WTO in recent times. (2024)

D. Globalisation: Contradictions & Trends

1. Bring out the contradiction between Internationalism and Globalisation. (1997)