Neocolonialism through Neo-Liberal Institutionalism: Unleashing FATF’s Manipulation of Pakistan driving Policy Changes

Abstract

The objective of this study is to explore the neoliberal institutionalization is towards realism than to liberalism because international order has been designed and not destined in a way to restrict the decision making power exclusively to the Masters. IGOs like FATF are utilized as mere tools to legalize the agenda undertaken by the Masters. It is done in a legal sense by ‘internationalization’ of laws without keeping into consideration municipal laws and legal system. Economically it is done by promoting notions of ‘free market’ and ‘corporatism’ and politically by promoting western democratic values to be adapted in the name of ‘peace’ and ‘shared community’. The methodology is used in this research is mix method research has been conducted to highlight FATF’s neocolonial agenda to maintain the status quo in international relations and system. Published documents by FATF have been analyzed on jurisprudential basis to unleash geopolitical interests of so called apolitical technical organization. The result of this study Pakistan has been critically analyzed as per FATF’s standards and a distinction has been created between ‘terrorism’ and ‘terror’ thus proving that there is no alternative for the LDCs in the international order except to obey the Masters. This study recommends that democratic values should be preferred over power politics, assessment process, helping to achieve its outcomes. FATF should not be used to put pressure of sanctioning on the states.