Among the following concepts in the political economy of International Relations, which one does not…
South-South Co-operation does not belong with the other three because the Washington Consensus, Structural Adjustment and the Neo-Liberal Economic Architecture all form part…
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Among the following concepts in the political economy of International Relations, which one does not belong with the other three ?
Answer and explanation
Correct answer B
South-South Co-operation does not belong with the other three because the Washington Consensus, Structural Adjustment and the Neo-Liberal Economic Architecture all form part of the market-led neoliberal policy framework promoted by Western-led international financial institutions. By contrast, South-South Co-operation represents developmental solidarity and economic collaboration among developing countries of the Global South.
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Rajasthan SET (RSET)