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PSIR Optional PYQ Solutions · Model answer

Identify the major changes in the International Political economy in post-Cold War period. (200 words)

  • UPSC 2013
  • 15 marks
  • Changing International Political Order

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International political economy (IPE), in Susan Strange's sense, studies how states and markets allocate wealth and power across borders. The Soviet collapse in 1991 left the United States the sole strategic pole, and the decades since have moved from near-universal market integration to a contested, security-driven globalisation.

You are reading the opening of the model answer. The full answer is part of the PSIR Optional PYQ Solutions.

What the full answer covers

  • 1. Universalisation of the market
  • 2. Institutionalised rules and regional blocs
  • 3. A shift in the centre of gravity
  • 4. Financialisation and its crises
  • 5. From complex to weaponised interdependence
  • Conclusion
PSIR Optional PYQ Solutions

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