Do global economic policies entrap nations?

World War II concluded with the end of a multipolar world. Under the umbrella of the United States, the West initiated the process of creating a unipolar world, but the emergence of the USSR did not allow the West to create a unipolar world. The West came up with another strategy and began constructing a global economic and financial system to dominate the post-World War II world. The West wanted to hegemonise the world through these institutions. Since then, global economic and financial institutions have been consolidating their position and control. The fall of the USSR provided them an opportunity to renew their efforts to create a unipolar world. End of History and Clash of Civilisation theories were constructed to further the agenda. The financial and economic institutions are spearheading the efforts to deliver desired results.