The Impact Of International Economic Law And Globalization On Third World Countries

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THE IMPACT OF INTERNATIONAL ECONOMIC LAW AND GLOBALISATION ON THIRD WORLD COUNTRIES - Dhruv Patwari We live today in a time where there is continuous and rapid transition in ideas, technology, theories, perspectives, strategies and methods. In the same sense there is a profound transition in the politics, traditions, culture and economy as the larger picture. There have been many changes in the society from the feudalism to the bourgeois world. Now the economy is moving from a sovereign state system to becoming global states and preparing themselves to a global system of governance. From a global perspective the resource are limited or scarce and the wants are unlimited. Thus problems such as resource geo-politics, threat from other countries, which raises issues, related to global security concerns, maintaining peace in the society from activities such as war and various categories of crimes, that create disturbance in the global society. To address such problems and issues, international law comes into picture. In this research paper I would be addressing the third world approach to international law and argue why globalization and international economic law is a western strategy to benefit only the western modernized countries, which is the basis for international economic laws and the third world countries are a victim to these western benefiting laws. International laws that have claimed to be universal are believed to have their source of origins from Christian

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