As most history buffs would know, the Treaty of Westphalia that took place in 1648 was a treaty that decided modern nation-states after the Thirty Year war in Europe. Borders were decided among the ruling Counts, Princes, and Dukes. The basic formality was to be fulfilled on certain main factors such as resources, the people, …
A unipolar world, or what once was, has been dictating policies it deems fit for nations with different cultural and economic mindsets. Liberal economic nations have imposed policies on under-developed nations that do not apply to their framework of institutions and market behaviors. Joseph Stiglitz put it best, that the most ignorant machinery to exist …
