The New World Order and the Global Economy

The "new world order" in international relations is the product of the emerging global economy (Moore, 1998, p. 193). As the world's largest exporter of goods and services, the United States has an interest in global economic growth. Moreover, increasing global prosperity can help alleviate the popular discontent that, in turn, helps fuel regional instability, conflict, and tension. Economic growth and prosperity abroad creates markets for U.S. exports and reduces regional instability or conflicts that can threaten U.S. access to markets, raw materials, and trade routes.

Economic freedom is the foundation of individual prosperity and the economic development of nations. Without it, countries will remain poor, no matter how much money they receive in foreign aid. Thus, in order for countries to grow economically, the overseas economic development policies of the United States must be based on the principles of individual liberty and economic freedom that unleash the entrepreneurial, w

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Approximate Word count = 815
Approximate Pages = 3 (250 words per page)

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