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3.4.4.1 Neo-<strong>in</strong>stitutionalism<br />

42<br />

Neo-<strong>in</strong>stitutionalism was revived by John W. Meyer <strong>in</strong> 1977 <strong>and</strong> later on ref<strong>in</strong>ed by Paul<br />

DiMaggio, Walter Woody Powell <strong>and</strong> o<strong>the</strong>rs. Neo-<strong>in</strong>stitutional <strong>the</strong>ory ma<strong>in</strong>ta<strong>in</strong>s that <strong>in</strong>stitutions<br />

are socially constructed programs or rule systems that operate as established, constra<strong>in</strong><strong>in</strong>g<br />

environments (Jepperson, 1991). Neo-<strong>in</strong>stitutionalism social <strong>the</strong>ory focuses <strong>the</strong> approach<br />

<strong>in</strong>stitutions <strong>in</strong>teract, react <strong>and</strong> <strong>the</strong> way <strong>the</strong>y affect society at local, regional <strong>and</strong> <strong>in</strong>ternational<br />

levels. This <strong>the</strong>ory ma<strong>in</strong>ta<strong>in</strong>s that states are <strong>in</strong>terdependent <strong>and</strong> <strong>the</strong>re exist complex relations<br />

among <strong>the</strong>m. Accord<strong>in</strong>g to this <strong>the</strong>ory IGOs are not accidental birth but a deliberate <strong>and</strong><br />

cont<strong>in</strong>uous endeavor <strong>of</strong> states to achieve shared <strong>in</strong>terests <strong>in</strong> a complex <strong>in</strong>ternational network <strong>of</strong><br />

different entities. Due to this reason IGOs are ga<strong>in</strong><strong>in</strong>g popularity <strong>and</strong> importance, <strong>and</strong> <strong>the</strong>ir<br />

population has seen a big <strong>in</strong>crease dur<strong>in</strong>g <strong>the</strong> last century.<br />

3.4.4.2 Institutional liberalism<br />

Institutional liberalism or liberal <strong>in</strong>stitutional <strong>the</strong>ory propagates that <strong>in</strong>stitutions, at <strong>in</strong>ternational<br />

level, are a mean to <strong>in</strong>teract, establish <strong>and</strong> enhance cooperation between/ among states. The<br />

<strong>in</strong>terest constellations, with<strong>in</strong> <strong>the</strong> context <strong>of</strong> IGOs, are complex phenomenon because <strong>of</strong><br />

<strong>in</strong>terdependent relations among states. As a result no state can achieve maximum ga<strong>in</strong>s <strong>in</strong><br />

isolation <strong>and</strong> all powerful states need to depend on o<strong>the</strong>r states to establish durable mutual<br />

relations. Liberal <strong>in</strong>stitutional <strong>the</strong>ory claims that IGOs foster congenial environment that help to<br />

achieve constellation <strong>of</strong> objectives, i.e. human welfare <strong>and</strong> socio-economic development, without<br />

conflict<strong>in</strong>g with states‟ ideologies.<br />

3.4.4.3 Neoliberal Institutionalism<br />

Neoliberal <strong>in</strong>stitutionalism school <strong>of</strong> thought believes that <strong>in</strong>ternational <strong>in</strong>stitutions play an<br />

important <strong>role</strong> <strong>in</strong> coord<strong>in</strong>at<strong>in</strong>g <strong>in</strong>ternational cooperation, <strong>and</strong> nation-states are concerned with<br />

absolute ga<strong>in</strong>s <strong>and</strong> <strong>the</strong> prospects for cooperation ra<strong>the</strong>r relative ga<strong>in</strong>s to o<strong>the</strong>r nation-states.<br />

Accord<strong>in</strong>g to this philosophy, states are <strong>in</strong>terested <strong>in</strong> IGOs because <strong>of</strong> <strong>the</strong> possibility <strong>of</strong> higher<br />

mutual ga<strong>in</strong>s. At <strong>in</strong>ternational level various types <strong>of</strong> <strong>in</strong>tergovernmental cooperation are possible<br />

even <strong>in</strong> <strong>the</strong> absence <strong>of</strong> centralized system or <strong>in</strong> an anarchic world system <strong>and</strong> such cooperation<br />

results <strong>in</strong> treaties, conventions <strong>and</strong> IGOs. Neoliberal <strong>in</strong>stitutionalists believe that repeated<br />

<strong>in</strong>teractions, among <strong>the</strong> states, push <strong>the</strong>m to enter <strong>in</strong>to a setup <strong>of</strong> cooperation <strong>in</strong> apply game<br />

<strong>the</strong>ory to f<strong>in</strong>d solutions to knotty problems while study<strong>in</strong>g <strong>in</strong>stitutions. Accord<strong>in</strong>g to Keohane

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