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2023-01-16 14:28:20
00:12:03
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economic liberalism explained in Urdu Hindi economic Liberalism IR international relations IR css pms IR bs ipe international political economy what is Economic Liberalism economic liberalism in Urdu free trade political Science IR approaches urdu hindi economy and politics quick review quick review css pms pcs css pcs pms upsc ias Liberalism 2023 Liberalism in international relations Harvard university international relations international relations in politics
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Quick Review
What is Economic Liberalism | IPE theory | Economic Liberalism explained | IR series
Economic liberalism opposes government intervention in the economy when it leads to inefficient outcomes. They are supportive of a strong state that protects the right to property and enforces contracts. They may also support government interventions to resolve market failures.
International political economy (IPE) or Global political economy (GPE) is the study of interactions between the economy on a global level and political and economic actors, systems and institutions.
The advent of free trade areas such as the North American Free Trade Area (NAFTA) and customs unions like the European Union (EU) provides a good example of the political economy of international trade. Regional trade agreements like NAFTA and the EU frequently use economic tools to achieve political goals.
economy in international relations.
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