How Epic Games Changed the Gaming Industry?
The gaming industry is notorious for being full of fads. Games tend to become popular very soon. However, their popularity dwindles at a greater pace as the next attraction hits the market. This is the reason that gaming customers have been known to be fickle and inconsistent. As a result, building a multi-billion dollar in […]
How Organizations Should Deal with Sexual Harassment in the Present Times
In recent months, there have been several instances of women across the economic and social groups coming forward with complaints and retelling of the cases of sexual harassment and gender discrimination against authority figures. For instance, Harvey Weinstein, the Hollywood Director and Scriptwriter have found himself in the center of a raging storm where several […]
Characteristics of Planning
Planning is goal-oriented. Planning is made to achieve desired objective of business. The goals established should general acceptance otherwise individual efforts & energies will go misguided and misdirected. Planning identifies the action that would lead to desired goals quickly & economically. It provides sense of direction to various activities. E.g. Maruti Udhyog is trying to […]
How a Cram Up Works in Bankruptcy?
In most bankruptcy cases, senior classes of creditors have more power as compared to junior classes of creditors. This means that the re-organization plans are generally meant to satisfy the needs of senior classes of creditors. However, there are some cases in which companies give importance to the needs of junior stakeholders as well. There […]
IT Systems Operations and Best Practices for Disaster Prevention and Recovery
IT systems are the most sensitive systems that are prone to failure and disaster. The risks that can cause breakdown of the systems and loss of data are many. As the data is something that is very important for the existence and continuity of the business, every Organization needs to have a proper Disaster Recovery […]
The previous articles discussed how state formation and state development takes place in the world. Though there are many examples of states that have managed to develop and progress, there are an equal number of states that have regressed and lapsed into chaotic conditions. These states where governance is absent and where civil war like conditions are prevalent are known as failed states.
For instance, many states in Africa can be classified as failed states because there is no semblance of government there and where the people are at the mercy of warlords and stakes.
The failed states index, which is an annual listing of the countries, considered to have failed is growing by the year and at the moment; it has over 100 countries in the list. Though not all are failed to the same degree, it is understood that those countries that make the top slots in the list are certainly basket cases that are beyond redemption. Indeed, many countries in Asia are also considered to be bordering on being classified as failed states as they are unable to control large swathes of their own countries.
The implications of failed states for the global political economy are many. To take the first aspect, failed states present a humanitarian challenge as the world cannot simply sit idly by when large numbers of people are going hungry and humanitarian disasters are happening. This is the reason the United Nations intervenes in these states so as to help the people in those countries to subsist and manage their lives.
Next, failed states are the breeding ground for terrorists and criminals as the case of Afghanistan proves. Considering the fact that the country is now at a stage where it can be classified as a failed state, it has become a haven for all sorts of unsavory activities. This has repercussions for the whole world as the people engaging in these activities can turn their attention to neighboring countries and even distant countries by virtue of having a sanctuary from which they can operate.
The third aspect is that failed states present challenges for the global political economy in terms of accommodation and inclusion of interests as countries with weak governance structures cannot be relied upon to enforced international agreements on issues like climate change and biodiversity.
Finally, failed states pose a threat to the global political economy because of these reasons and any developed country with a conscience cannot ignore the failed states and abandon their people. It is for this reason that the developed west in conjunction with countries like India and China are acting to resolve the knotty issues that make states fail and address the root causes. It remains to be seen as to how successful these efforts are and how much they yield results. What is undeniable is that the global political economy cannot ignore these threats and hence must act in tandem before it is too late.
Your email address will not be published. Required fields are marked *
