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The pros and cons of globalisation. Advocates ... world. Opponents say globalisation
is the cause of growing poverty and inequality on the planet. ...
globalisation. What is globalisation? One can be sure ... processes or national
governments. Globalisation is an undeniably capitalist process. ...
Conflict Between Regionalisation and Globalisation. The argument between
regionalisation and globalisation is very vocal and considerably long-standing. ...
To what extent is globalisation a relatively new process in world politics? To what
extent is globalisation a relatively new process in world politics? ...
globalisation. ... The Phenomenon Globalisation is not new in today world. ?
Globalisation primary has the effect to exploit recourses. ...
Submitted by stefaniecroes on March 23, 2007
Category: Business
Words: 676 | Pages: 3
Views: 161
Popularity Rank: 49,454
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What is globalisation?
One can be sure that virtually every one of the 2822 academic papers on globalisation written in 1998 included its own definition, as would each of the 589 new books on the subject published in that year.
Many see it as a primarily economic phenomenon, involving the increasing interaction, or integration, of national economic systems through the growth in international trade, investment and capital flows.
However, one can also point to a rapid increase in cross-border social, cultural and technological exchange as part of the phenomenon of globalisation.
The sociologist, Anthony Giddens, defines globalisation as a decoupling of space and time, emphasising that with instantaneous communications, knowledge and culture can be shared around the world simultaneously.
A Dutch academic who maintains a good website on globalisation, http://globalize.kub.nl/ Ruud Lubbers, defines it as a process in which geographic distance becomes a factor of diminishing importance in the establishment and maintenance of cross border economic, political and socio-cultural relations
Left critics of globalisation define the word quite differently, presenting it as worldwide drive toward a globalised economic system dominated by supranational corporate trade and banking institutions that are not accountable to democratic processes or national governments.
Globalisation is an undeniably capitalist process. It has taken off as a concept in the wake of the collapse of the Soviet Union and of socialism as a viable alternate form of economic organisation.
Try this: Globalisation is the rapid increase in cross-border economic, social, technological exchange under conditions of capitalism.
Simon Reich also explores this question in a working paper for the Helen Kellogg Institute for International Studies at the University of Notre Dame
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