-A Gateway to the knowledge of GS

Part-1

THE STUDY
By Manikant Singh
 Oil Crisis (1970s)

Decline of Structural Growing Oil crisis Technologic

Keynesian change in the American and al
Economics economy of hegemony on environmen upgradation
USSR Gulf countries tal crisis guided by
resulting into constraints the
Capitalist world
The condition of tensions on on the objective of
moving to new
economic crisis Palestine-Israel economy of maintaining
economic policy
due to cold war conflict the third supremacy
world in cold war
Washington Disintegration of USSR due to economic crisis, racial division, the
consensus policy of new President Gorbachev and some other related factors

Decline of socialist economy Bargaining position of the third The progress of

and disintegration of world countries weekend capitalism due to the
Czechoslovakia and further due to the absence of a decline of socialist
Yugoslavia supportive power, USSR governments
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 The main factors of change in 1970s

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 What does the term oil crisis mean?
 What was the issue of environmental crisis
and what was the reaction of different
countries towards it?
 Why did oil crisis lead to the decline of
Keynesian Economics?

BY MANIKANT SINGH
THE STUDY
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 Washington consensus

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 What does the term ‘Washington consensus’
imply?
 How was its background prepared?
 New challenges in West Asia and Arabian
region

BY MANIKANT SINGH
THE STUDY
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 Structural change in Russian economy

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 Economic crisis faced by Russian economy due to
the burden of cold war.
 Economic crisis, racial division, disintegration of
Soviet Union due to the policy of Gorbachev and
some other regions (1991)

BY MANIKANT SINGH
THE STUDY
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BY MANIKANT SINGH MOB: 9999516388
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 The impact of disintegration of Russia

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1. Changes in socialist world

BY MANIKANT SINGH
THE STUDY
Eastern
Europe
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2. Reunification of Germany

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3. Disintegration of Yugoslavia and Czechoslovakia

BY MANIKANT SINGH
THE STUDY
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4. Weakening position of the Third World countries

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5. Due to the decline of socialist economies the
worldwide progress of capitalism.

BY MANIKANT SINGH
THE STUDY
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 Growing American hegemony on Gulf countries

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and increasing tensions on Palestine-Israel issue

BY MANIKANT SINGH
THE STUDY
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 Military rivalry during the era of cold war led to

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technological breakthrough
 Progress in information technology

 Constraints in the development of Third World

economy due to the phenomenon like oil crisis and
environmental crisis.

BY MANIKANT SINGH
THE STUDY
 Post Cold War World Order (1991-2008-09)

Eastward Soviet Russia The policy of Unipolar vs. Challenges by

Expansion in post-cold economic Multipolar Environmental
of Europe war world liberalisation world order crisis and terrorism
(European
union and
European Impact of East European Altered role of IMF Pressure on
Federation) Washington countries’ transition and World Bank the Third
consensus from socialist to and formation of World
capitalist model WTO countries

Formation of a new economic order

Subprime debt Globalisation Impact on the Third

crisis World countries
Eurozone crisis
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 Eastward expansion as well as further integration

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of Europe
 The causes behind the formation of Eurozone
and European Federation

BY MANIKANT SINGH
THE STUDY
  Soviet Russia in post-cold war world

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BY MANIKANT SINGH MOB: 9999516388
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BY MANIKANT SINGH MOB: 9999516388
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 The Policy of Economic liberalisation

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1. What does the term ‘Economic Liberalisation’ mean
and what factors did encourage it?
2. Why did the Third World countries accept the
condition?
3. Is the ‘Economic liberalisation and Globalisation’
synonym for each other?

BY MANIKANT SINGH
THE STUDY
 THE STUDY
BY MANIKANT SINGH