Global Economy Flashcards
1
Q
What is the realist view of the global economy
A
The contemporary global economic governance, in the realist view, is the reflection of the power distribution in the system.
The contemporary global economic system is still based on regimes promoted by the U.S. after the Second World War - Bretton woods.
Russia and china are trying to find alternatives because of this - the system became even more global after the fall of the Soviet Union.
