Discuss During the post-war period of the 1950s, the East Asian region was considered to be part of the third world with international agencies holding pessimistic views over the potential for growth and development in the region. ... The period that was the 1960s produced a booming world economy, a relatively open and non-protectionist regime together with some huge U.S spending related to the Vietnam War which all aided to launch the take off of these countries. ...

• Word Count: 3533
• Approx Pages: 14
• Has Bibliography
• Grade Level: Undergraduate

During the 1990s, literature on the international political economy was dominated by the idea of globalization. Dramatic decreases in transport costs and the rise of fast and cheap telecommunications technology have made geography less relevant and facilitated massive increases in global trade and new forms of multinational production. Whether or not such developments are good or bad is a topic of ongoing political debate. Some argue that an expanding global economy provides new opportunities for the developing world to integrate into global markets and to achieve rapid rises in living standar...

• Word Count: 7309
• Approx Pages: 29
• Grade Level: Graduate

This was brought to a halt by the First World War and the bout of anti-free trade protectionism that led to the Great Depression in 1930. ... The end of the Second World War brought another great expansion of capitalism with the development of multinational companies interested in producing and selling in the domestic markets of nations around the world. ... The fall of the Berlin Wall and the collapse of the Soviet Union ended the cold war between the forces of capitalism and socialism with capitalism triumphant. ... The International Monetary Fund (IMF) was established in the wake of the Wor...

• Word Count: 9131
• Approx Pages: 37
• Grade Level: Undergraduate