Which International Relations theory best explains the process of globalisation?
Four Approaches: Transnationalism, Realism, Liberalism and Marxism
1. Introduction
2. A Brief History of Globalisation
1. First Level of globalisation (from 1850 to 1914)
2. Protectionism (from 1914 to 1945)
3. Second level of globalisation (from 1850 to 1914)
4. Hyper globalisation (from 1990 to present)
3. The Four Approaches in International Relations Theories
1. Approaches of Transnationalism to Globalization
2. Approaches of Realism to Globalization
3. Approaches of Liberalism to Globalization
4. Approaches of Marxism to Globalization
4. Conclusion and Using International Relations theories to describe the process of globalisation - Critical …show more content…
In the period between the two wars, Europe's economies have lost much blood and far below historical growth data(Ritschl and Straumann 2010). Europe's economic development and integration was cut and reorganized by two world wars, and its regional order was brutally distorted by war, destruction, immigration and borders(Eloranta and Harrison 2015). The First World War led to a sharp decline in global trade followed by the end of the gold standards of an international currency system and the initiation of protectionism and isolation policies. By the end of the Second World War, global trade fell to only 7% of GDP(Durukal Gun …show more content…
2017. The Globalization of World Politics: An Introduction to International Relations: Oxford University Press.
Dollar, David. 2002. "Globalization, Growth, and Poverty: Building an Inclusive World Economy."
Durukal Gun, Christian Keller, Sree Kochugovindan, Tomasz Wieladek. 2017. "The End of Globalisation as We Know It? | Barclays."
Eloranta, Jari, and Mark Harrison. 2015. "War and Disintegration, 1914–1950." In The Economics of Coercion and Conflict, 39-65: World Scientific.
Heywood, Andrew. 2014. Global Politics: Palgrave Macmillan.
Jacks, David S, Christopher M Meissner, and Dennis Novy. 2010. "Trade Costs in the First Wave of Globalization." Explorations in Economic History 47, no. 2: 127-141.
Ritschl, Albrecht, and Tobias Straumann. 2010. "Business Cycles and Economic Policy, 1914-1945."
Secretariat, WTO. 2008. World Trade Report 2008: Trade in a Globalizing World: Geneva: World Trade Organization.
Subramanian, Arvind, and Martin Kessler. 2013. "The Hyperglobalization of Trade and Its Future."
Thomas, Caroline. 1997. "Globalization and the South." In Globalization and the South, 1-17:
Four Approaches: Transnationalism, Realism, Liberalism and Marxism
1. Introduction
2. A Brief History of Globalisation
1. First Level of globalisation (from 1850 to 1914)
2. Protectionism (from 1914 to 1945)
3. Second level of globalisation (from 1850 to 1914)
4. Hyper globalisation (from 1990 to present)
3. The Four Approaches in International Relations Theories
1. Approaches of Transnationalism to Globalization
2. Approaches of Realism to Globalization
3. Approaches of Liberalism to Globalization
4. Approaches of Marxism to Globalization
4. Conclusion and Using International Relations theories to describe the process of globalisation - Critical …show more content…
In the period between the two wars, Europe's economies have lost much blood and far below historical growth data(Ritschl and Straumann 2010). Europe's economic development and integration was cut and reorganized by two world wars, and its regional order was brutally distorted by war, destruction, immigration and borders(Eloranta and Harrison 2015). The First World War led to a sharp decline in global trade followed by the end of the gold standards of an international currency system and the initiation of protectionism and isolation policies. By the end of the Second World War, global trade fell to only 7% of GDP(Durukal Gun …show more content…
2017. The Globalization of World Politics: An Introduction to International Relations: Oxford University Press.
Dollar, David. 2002. "Globalization, Growth, and Poverty: Building an Inclusive World Economy."
Durukal Gun, Christian Keller, Sree Kochugovindan, Tomasz Wieladek. 2017. "The End of Globalisation as We Know It? | Barclays."
Eloranta, Jari, and Mark Harrison. 2015. "War and Disintegration, 1914–1950." In The Economics of Coercion and Conflict, 39-65: World Scientific.
Heywood, Andrew. 2014. Global Politics: Palgrave Macmillan.
Jacks, David S, Christopher M Meissner, and Dennis Novy. 2010. "Trade Costs in the First Wave of Globalization." Explorations in Economic History 47, no. 2: 127-141.
Ritschl, Albrecht, and Tobias Straumann. 2010. "Business Cycles and Economic Policy, 1914-1945."
Secretariat, WTO. 2008. World Trade Report 2008: Trade in a Globalizing World: Geneva: World Trade Organization.
Subramanian, Arvind, and Martin Kessler. 2013. "The Hyperglobalization of Trade and Its Future."
Thomas, Caroline. 1997. "Globalization and the South." In Globalization and the South, 1-17: