The implications of the world systems theory, proposed by Immanuel Wallerstein, can be seen in the influence of the coronavirus on the economy of each state affected by the virus. The author asserts that while the virus has heavily impacted the rich core states, they are still better off as compared to the developing and underdeveloped states. She explains that the pandemic has made the North-South divide even more apparent; it has made it clear that the world cannot have a unified economy.
Today, Bangladesh celebrates its golden jubilee of independence from Pakistan. The country’s social and economic development has only accelerated in the 50 years since its inception and despite Bangladesh’s troubling South Asian dynamics, its economic and social growth continues to thrive. The main reason behind such growth Bangladesh’s commitment to a secular polity.
The paper is structured around assessing mainly the gross domestic product and human development index of India, Bangladesh, and Pakistan.
The South China Sea is important due to economic, military, and strategic factors. This region, critical for military purposes, is rich in resources like oil and gas. The question remains: Will China fall victim to the lust for resources? Or will it use diplomacy to create a win-win situation?
Like all economies, Pakistan’s too has fallen ill to the coronavirus pandemic. The article specifically focuses on the impact the virus has had on Pakistan’s tourism sector, food & agriculture, SMEs, & also the manufacturing & mining sector.
The paper focuses on the current methods the U.S. and China are using to integrate themselves in the African economy – and deliberates whether the U.S. can counter the growing Chinese economic monopoly.