Geopolitical Framework and Global Economics

Geopolitical Framework and Global Economics.

  1. Geopolitical Framework and Global Economics

The geopolitical Framework has over the year’s takes notice of the global economy. This involves countries drafting what economic measures they want aspire or gain to influence in the world arena. The IMF and the World Bank have since their inception pursued the interest of the West to the rest of the world. These financial institutions are used by the US and the European Union to influence economic policies among developing nations with a promise of financial aid, grants, or loans. Nonetheless, the rise of China and it foreign economic policies is strongly competing for its recognition in Asia, South America, and Africa. Therefore, the emergence of Asian Infrastructure Investment Bank is posed as a game changer in the geopolitical framework.

Russian has received sanction from the European Union as well as from the US for over two years. The country involvement in the annexation of Crimea and its support of Ukraine rebel has rattled NATO geopolitical territory. However, Russia has also responded by sectioning all food export from the EU. All this economic confrontation is aimed at curtailing Russia expansion and influence of the Eastern Europe.

The Asia market is an envy of the world economic power and the US, in particular, has more often pursued to open a free economic zone between the two blocks. This has made the US make more recession and to change foreign policy that was characterized by coercion to dialogue.

  1. Geopolitical Framework and Global Security

The US influence in the Middle East is all geared to control the oil-producing countries such as Iran, Iraq, and Saudi Arabia from controlling the global economy. More so, oil is a very volatile commodity that has a huge impact on the financial and product market. Therefore, the control of political processes in the Middle East is aimed at securing the economies in the West from oil supply shocks.

The EU is under pressure to control the energy security and to develop a clear path to influencing the geopolitical drivers toward this end. Nonetheless, Russia, which has a huge deposit of gas, lead other countries in the importation of gas to the European Union and the rest of the world.

The world is now life with the geopolitical issue of disease. After the end of the First and Second World War, people are facing the threat of extinction from diseases. The spread of HIV and AIDS has claimed millions of people in Africa. Moreover, malaria has increased child mortality rate while other dangerous diseases like Ebola is threatening to wipe out an entire region. Therefore, to avert the spread of the diseases from one region to other countries such as China, the EU, and the US have invested heavily in research and offered technical, financial support to Africa, South America, and Asia countries to fight malaria, Ebola, Zika virus, and bird flu.

The formation of NATO in the European Nations and the US was to check the aggression of Russia and China. However, the emergence and the growth of terrorism have tilted the geopolitical from Asia to the Middle East. Today terrorism is a concern for every economy, and the NATO collation is involved in fighting terrorist cell in the Africa, Middle East, and in Afghanistan and Pakistan. Russia is also actively involved in settling the civil war in Syria to safeguard it interest in the country.

 

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Geopolitical Framework and Global Economics

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