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Compose a 1000 words essay on To what extent can there be a coordinated international effort to promote development or is development something that must occur from within What role should the US, the
Compose a 1000 words essay on To what extent can there be a coordinated international effort to promote development or is development something that must occur from within What role should the US, the UN and the World Bank/IMF play in it. Needs to be plagiarism free!
My aim in this paper is to discuss some of the main factors affect development and how they can be tuned to optimize the outcome of their impact geared towards development.
The International relations that exist between states or nations could very easily determine the economic development of the individual states or nations. The way a state or nation relates with other states or nations is in turn influenced by the approach adopted by the regime based on certain theories. I would like to highlight some traits in the following theories that I find economically-developing.
Liberalism, founded by Immanuel Kant and Adam Smith, argues that human nature is based on needs but can further be improved through education. It is generally assumed that international interaction is based on morality, law and international organization. The practicing state is more interested in long-term mutual gain over short-term individual gain and is based on community and cooperation. Liberalism mainly favors justice and human rights.
Neo-liberalism, which pushes for involvement of international institutions (such as the UN) in conflict resolution. Some neo-liberalist theorists were. Robert Keohane, Hernando de Soto, Wilson Woodrow and Joseph Nye.
In my opinion, incorporation of these two theoretical ideologies in the governance of a state or nation should yield positive development in the economic sector as it creates a conducive and fair environment for conducting of both individual and international trade. it also gives equal opportunities to all members of the nation to grow economically in peace and thus resulting to an over-all impact on the nation’s economy. I therefore conclude that that the economic development of a nation, in relation to this, is influenced by both international cooperation and by internal effort to promote adept governance.
Since the dawn of any sort of human civilization, one of the key factors in enhancing any sort of development is security.
