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Neoliberal Institutionalism Towards Conflict or Cooperation
Author Name

Adwaith PB, Department of Political Science, Ramjas College, University of Delhi.

Abstract

The paper attempts to explain the importance of various international institutions in the point of view of neoliberal theories. Further, it explains how these institutions helped in building peace around the world. To assess the effectiveness of international institutions, the data of inter-state armed conflict is collected, followed by explaining various trends like declining significance of high politics issues, and States cooperating with each other, especially in the economic realm. Moreover, game theory is used to explain why it is beneficial for the States to cooperate and the role played by international institutions in achieving that level of cooperation. Finally, the on-ground reality and effectiveness of these institutions is analysed.

 

Key Words:  Neoliberalism, international institutions, United Nations, peace, game theory, conflict, cooperation, economy



Published On :
2022-02-21

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