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Abstract
Today, the world is at a turning spot. The changes that we are undergoing are universal in scope, radical, indispensable and structural in content. As we have arrived the 21st century a sense of hopefulness prevails for achieving harmony and prosperity through effective role-play of regional as well as worldwide organizations. Many outlook Asia as having a variety of characteristics in familiar with Europe of the nineteenth century: developing international organizations, mixed domestic orders, increasing nationalism, high but differential growth rates, and bitter, emotional rivalries between insecure neighbours. The accomplishment of states in today’s world is not so much measured in terms of capacity for defending borders or generating uniquely state organizations, but in terms of ability to adapt to regional and global trends, endorse exports, draw investments, and skilled labour, deliver a advantageous environment for transnational companies, build good-looking institutions of research and higher learning, wield political influence on the regional and global scene, and also brand the state culturally in the worldwide market-place.