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ISSN Print: 2394-7500, ISSN Online: 2394-5869, CODEN: IJARPF

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International Journal of Applied Research

Vol. 7, Issue 12, Part B (2021)

Is global unrest manifests the perils of inherent institutional policy fissures through misallocation of resources and distributive injustice?: A critical analysis

Author(s)
Rabinder Prasad
Abstract
The Celebrated American Statesman Adlai Stevenson had once remarked that,” We can chart our future clearly and wisely only when we know the path which has led to the present”. In the light of this enlightened thought, we need to examine that whether the Past occurrences of sporadic tensions, mass mobilization, specific and localised regional frustrations and mass protests of higher dimensions such as the French Revolution, Civil War in USA, Russian Revolution or the decolonization of several developing countries in the middle of 20th century and other such events clearly indicates and corroborates that the contemporary global unrest of varied categories are actually “ Old Wine in New Bottle”. This paper attempts to study that “is global unrest manifests the perils of inherent institutional policy fissures through misallocation of resources and distributive injustice? “. This Study attempts to figure out the root causes of the widespread civic unrest across the globe and to analyse that whether there exists common threads which connects these developments of global dissatisfaction and discontent. This paper also attempts to study the link between the economic growth and civic unrest. This study takes help of axiomatic findings, literature review, empirical evidence and reaches at a conclusion that the factors influencing the global unrest or decline in growth or institutional challenges are interrelated. The paper observes and concludes through causative factors such as (a) Increased defence spending of major economies since Atomic Bombing Catastrophe and Strategic blunders in resource allocations, (b) Leadership crisis, (c) Rise of Hawkish, irresponsible and politically tilted social media, (d) Border Challenges of India and economic growth (e) Failure to learn lessons from History.
JEL Classification: P16, N40, F01, Y50, O10
Pages: 92-95  |  134 Views  2 Downloads
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How to cite this article:
Rabinder Prasad. Is global unrest manifests the perils of inherent institutional policy fissures through misallocation of resources and distributive injustice?: A critical analysis. Int J Appl Res 2021;7(12):92-95.
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