International Relations while it has several theories is mainly centered on the two opposing schools of thoughts, that of liberalism and realism. Realism views, international relations as a state-centric discipline and as such the state is the core entity of the system. Twentieth century realis...
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...y. Like neo-realism, neo-liberalism is a more systemic approach to international relations theory.
In conclusion, it can be said that while realist and neorealist are founded on the same basic principles, just like liberal and neo liberal theory the latter versions seek to build and scientifically prove the former. Neo-liberalism adds greater emphasis on non-state actors as well as embraces interdependence viewing it as necessary, while it acknowledges the anarchy highlighted in neo realism it believes that institutions such as the World Bank, International Monetary Fund and World Trade Organization can help to successfully manage this anarchy. Neo realism on the other hand replaces the basis of conflict with security instead of power. Thus the neo variants of the aforementioned schools of thoughts tend to overlap and agree much more than the classical variants.
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