Here is the synopsis of our sample research paper on Three Major Challenges to the Global Political Economy: International Trade Policies, Globalization in Developing Countries, and Sustainable Development
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Essay / Research Paper Abstract
This is a 5 page paper discussing three of the major challenges to the global political economy. Recent developments in the global economic community have led to several concerns and challenges which must be met politically and economically in order for an effective transition to take place among all nations active in international trade and those nations which should not be neglected in the process. Three of the major challenges to the expansion and continuation of the global political economy are the development of a workable international trade policy which would relate to the interests of all nations, the continued development of globalization in terms of technology and development in developing nations, and the increase in the level of sustainable development so as not to damage the environment beyond repair for future generations.
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Page Count:
5 pages (~225 words per page)
File: D0_TJglpec1.rtf
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Unformatted sample text from the term paper:
challenges which must be met politically and economically in order for an effective transition to take place among all nations active in international trade and those nations which should not
be neglected in the process. Three of the major challenges to the expansion and continuation of the global political economy are the development of a workable international trade policy which
would relate to the interests of all nations, the continued development of globalization in terms of technology and development in developing nations, and the increase in the level of sustainable
development so as not to damage the environment beyond repair for future generations. One of the recent developments in international trade policy is the "rules-based multilateral trading system" which has
been built up through the General Agreement on Tariffs and Trade/World Trade Organization (GATT/WTO) which has been shown to be one of the central administrative policies in international trade (ICC,
2001). Among the necessary components of the policy is its contribution to the liberalization of world trade, job creation, larger consumer choice and improving market access for future economic growth.
In order for the continuation of this process, members of the International Chamber of Commerce (ICC) urge that WTO member countries continue in their association and dedication to these policies
and that new broad-based multilateral trade negotiations should be considered a priority on the international agenda. Huge developments in international corporations must continue on the basis of prioritizing their trade
agreements from an international and not a national or corporate level (ICC, 2001). The WTO and the ICC want to reverse the growing concern that many governments in recent years
have bypassed international and multilateral interests to focus on bilateral and regional trading arrangements at the expense of further liberalization of international trade. In particular concern for the WTO and
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