Global or International Development and Modern Economic Relations

History Although International relations and international trade have existed for many hundreds of years, it is only in the past century that international development theory emerged as a separate body of ideas.

1.Political and economic liberalism and Free Market 2.Social Revolution of Environment 3. Marxist critique of class and imperialism 4. Anti-colonial take and national self- determination Before the 20th century the were other ideas about this theory;

Post World War II This is called the “era of development”. The origins of this era were the reasons of: Reconstructions To change the colonization into globalization. To establish a new free trade policies between nations which is later called developed and underdeveloped nations The problems of Cold War and Communism

The main idea of IER was that each nations of the world first of all had to gain there independence. And the government of this newly independent state should be constructed so that the inhabitants enjoy freedom from poverty.

Millennium of Development Goals In 2000, United Nations signed