ID | 142724 |
Title Proper | Mounting oil politics in West Asia and implications for India |
Language | ENG |
Author | Tripathi, Sudhanshu |
Summary / Abstract (Note) | The prevailing global political or economic order is still characterised by an assertive dominance of powerful nations over weak or less powerful ones. The powerful nations always try to grab the maximum of economic benefits even if it is unjust or unethical and is also detrimental to the interests of the weaker counterparts despite their bitter resistance. If physical and military means were the only route for establishing this dominance in the early years, a mix of political, economic and trade diplomacy became the modern means for achieving the above objective with varying degrees of enforcement and resistance in different regions and situations. Today, in the largely multipolar world of politics and multilateral markets, there have often been clashes of interests and, thereby, the military has once again become an active agent of arbitration, where markets and diplomacy fails. |
`In' analytical Note | World Focus Vol. 37, No.1; Jan 2016: p.62-68 |
Journal Source | World Focus 2016-01 37, 1 |
Key Words | India ; West Asia ; Political ; Mounting Oil Politics ; Economic and Trade Diplomacy |