The Oligopolistic Global System: Power Concentration and Multipolar Paradox in Contemporary International Relations The post-Cold War order has often been described through the vocabulary of multipolarity, complex interdependence, and globalization. Yet beneath the proliferating multiplicity of actors—ranging from emerging states to multinational corporations and transnational regulatory bodies—lurks a structural concentration of power that is distinctly … Continue reading How does the concept of an oligopolistic global system illuminate the contemporary structure of international relations, wherein a few dominant powers—both state and corporate—monopolize decision-making in economic, technological, and security domains? In what ways does the post-Cold War transition from bipolarity to a multipolar yet oligopolistic configuration represent a paradox—multiplicity of actors coexisting with concentration of power in a limited few?
Tag: international political economy
What are the geopolitical, economic, and environmental potentials of non-conventional energy sources in shaping the future of international politics and sustainable global order?
Non-Conventional Energy Sources and the Future of International Politics: Geopolitical, Economic, and Environmental Potentials The accelerating global transition toward non-conventional energy sources—solar, wind, geothermal, biomass, tidal, and nuclear fusion—has emerged as one of the defining trends of the 21st century. The shift is driven not merely by the imperatives of climate change but also by … Continue reading What are the geopolitical, economic, and environmental potentials of non-conventional energy sources in shaping the future of international politics and sustainable global order?
What are the theoretical foundations, historical trajectories, and contemporary challenges associated with the demand for a New International Economic Order in global politics?
The New International Economic Order: Theoretical Foundations, Historical Trajectories, and Contemporary Challenges The demand for a New International Economic Order (NIEO) represents one of the most ambitious attempts by the Global South to reconfigure the inequities of the international political economy. Emerging in the 1970s, the NIEO was not merely a technocratic program for economic … Continue reading What are the theoretical foundations, historical trajectories, and contemporary challenges associated with the demand for a New International Economic Order in global politics?
What are the defining characteristics, structural determinants, and evolving trajectories of the political process in the Third World, and how do issues of state formation, class dynamics, authoritarianism, democratization, and global dependency shape its nature and functioning?
The Political Process in the Third World: Defining Characteristics, Structural Determinants, and Evolving Trajectories The concept of the “Third World,” though contested in contemporary discourse, continues to serve as an analytical lens through which to examine the distinctive political trajectories of post-colonial states across Asia, Africa, and Latin America. While the term originated during the … Continue reading What are the defining characteristics, structural determinants, and evolving trajectories of the political process in the Third World, and how do issues of state formation, class dynamics, authoritarianism, democratization, and global dependency shape its nature and functioning?
How can the contemporary international order be characterised as an oligopolistic global system, and what are the structural, economic, and political implications of concentrated power among a limited number of dominant states or actors for global governance, economic interdependence, and the normative foundations of international relations?
The contemporary international order, when conceptualised through the lens of political economy and structural theories of international relations, can be aptly described as an oligopolistic global system. This characterization draws from the economic notion of oligopoly—a market structure where a few dominant actors hold disproportionate influence over outcomes—and transposes it onto the domain of global … Continue reading How can the contemporary international order be characterised as an oligopolistic global system, and what are the structural, economic, and political implications of concentrated power among a limited number of dominant states or actors for global governance, economic interdependence, and the normative foundations of international relations?
To what extent does Dependency Theory present a cogent critique of the structural limitations and power asymmetries embedded in the dominant paradigms of development, particularly in the contexts of Africa and Latin America?
Dependency Theory and the Critique of Developmental Orthodoxy: Structural Power, Peripheral Constraints, and the Experience of Africa and Latin America The post-World War II era witnessed the emergence of various paradigms of development, most prominently modernization theory, which posited a linear progression from traditional to modern societies based on the Western experience. However, this perspective … Continue reading To what extent does Dependency Theory present a cogent critique of the structural limitations and power asymmetries embedded in the dominant paradigms of development, particularly in the contexts of Africa and Latin America?
Analyse the transformative shifts in the international political economy since the end of the Cold War, focusing on the rise of economic globalization, the proliferation of regional trade agreements, the reconfiguration of North–South economic relations, and the evolving roles of emerging powers, international financial institutions, and transnational corporations in shaping global economic governance.
Transformative Shifts in the International Political Economy since the Cold War: Globalization, Regionalism, and the Contestation of Economic Governance The end of the Cold War in 1991 marked not only the collapse of a bipolar ideological order but also ushered in profound and wide-ranging transformations in the international political economy (IPE). The dissolution of the … Continue reading Analyse the transformative shifts in the international political economy since the end of the Cold War, focusing on the rise of economic globalization, the proliferation of regional trade agreements, the reconfiguration of North–South economic relations, and the evolving roles of emerging powers, international financial institutions, and transnational corporations in shaping global economic governance.