The Role of Foreign Policy and International Relations in Economic Development Based on the Philosophy of Liberalism

Abstract

The national economic growth is one of the most important development indicators that are affected by a variety of factors including the international relations. International relations consist of a series of actions and interactions of the government and non-government an institutions and political processes of the nations. However, international politics refers to the governmental behaviors or their reactions. On the other hand, and foreign policy includes a set of governmental decisions concerning the foreign relations. Liberalism is a comprehensive view that covers the domestic and foreign policies and is the theoretical framework of this study to discuss the economic development. This library study aimed to investigate the role of the international relations in economic development and analyzed a wide range of the theories or discussions. Review of literature showed the role of the international relations in the economic development of the societies. Furthermore, according to the theory of liberalism, all the countries in the world are interdependent and if this kind of interdependence is efficiently managed using a comprehensive framework it may lead to the economic development.