The government of the United States borrows money to meet its various financial obligations during periods of cash shortage. These include financing its operations, managing […]
Tag Archives: International Relations
The Purpose of the European Union
The European Union or EU emerged as a political and economic union after the Second World War. It was the successor to the European Economic […]
Difference Between Internationalization and Globalization
There is a relationship between internationalization and globalization. The two have some overlaps in their respective definitions. However, when comparing the entire scope of their […]
OPEC Explained: Purpose, Importance, and Criticisms
The Organization of the Petroleum Exporting Countries or OPEC is an intergovernmental organization composed of 13 countries with proven oil reserves and the capacity to […]
Economic Globalization: Advantages and Disadvantages
One of the three major dimensions of globalization, alongside political and cultural dimensions, is economic globalization. It represents the process involved in the accelerated cross-border […]
Non-State Actors Explained: Types and Roles
The global affairs after the Second World War and the end of the Cold War saw increased global integration through the process of globalization and […]
Advantages and Disadvantages of Economic Sanctions
Economic sanctions are penalties imposed by a particular country or a supranational organization against a target self-governing state, groups or organizations, and individuals. They have […]
Types of Economic Sanctions
Economic sanctions are penalties levied by a country or a supranational organization against another country, its leaders or officials, specific organizations, or selected private individuals. […]
Sea Dispute: Sovereignty vs. Sovereign Rights
Countries often argue about who owns parts of the ocean and the resources there. These issues are complex and have been one of the focal […]
Who are ISIS-K: Islamic State – Khorasan Province Explainer
The Islamic State – Khorasan Province or ISIS-K is a regional branch of the transnational terrorist organization Islamic State that is active in South and […]