Essays on Is Globalization Killing the World Coursework

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The paper "Is Globalization Killing the World" is a perfect example of business coursework. Globalization refers to a trend whereby countries join together economically through politics, society and education and view themselves as part of the world as a whole in addition to belonging to a certain country. As such, globalization has been successful in bringing the people of all nations together through a common medium such as the world economy or the World Wide Web. In other words, though the physical boundaries between nations still exist, globalization has increasingly made them invisible by enabling free movement f goods, services and information among nations.

As such, it can be said that while globalization is largely driven by economic interests among nations, nations or the state are political, geopolitical and cultural in nature and exists for a bigger purpose than globalization. However, it has been argued that globalization is killing the state. This stems from the ever-increasing impact that globalization is having on the state at times overshadowing the state. For instance, although the traditional physical boundaries still exist, they have increasingly become blurred thanks to globalization (Janet, 2005).

The distance between one nation and the other has been reduced to just an internet connection or a call. It is possible to work and trade from anywhere in the world as a result of connectivity brought about by globalization. But is globalization killing the world by increasing connectivity and eliminating the traditional barriers that exist among nations? Although globalization has had a profound effect on the state and has definitely weakened the influence of the state, this essay argues that globalization is not killing the state; it is underlining its fundamental importance to political and economic life in the 21st century. Globalization has led to increased economic integration, increased interdependence and interactions among nations and individuals in disparate locations.

However, it also poses a threat to the integrity and interdependence of states owing to its cross-fertilization of cultures, the ever-shrinking borders and imperialism. Globalization has led to greater mobility of labor and seamless flow of goods and services to all areas of the globe through the increased transport systems and declining transport prices.

Business organisations such as Coca-Cola now produce their goods far from their parent countries. They have plants in many countries of the world driven by the search for cheap labor and an educated workforce. This has been possible owing to globalization. However, such multinationals are also becoming increasingly powerful and are increasingly threatening the interdependence and power of states and their homegrown industries (Christopher, 2008). The organisations have are such immense entities that their input to states economies are vital and state governments frequently compete with one another in creating low tax regimes in a bid to entice them to open up plants to boost their economies.

This shows how the state is increasingly being threatened by globalization. States now find it hard to survive without global giants operating in their economies. Globalization and hence expansion of the global market has resulted in the westernization of states. The states’ traditional cultures are increasingly being driven out by the introduction of such companies as Coke, IBM etc. Such companies introduce western culture to states thus eroding the state’ s identity. Globalization has made it easy for the multinationals to erode the remaining state identity by replacing it with brand royalty (Salvetti, 2010).

Thus it can be said that globalization has in no doubt had a negative impact on the state’ s identity. The state is no longer in control of the actions of its members whether economic or otherwise thanks to globalization. It is as a result of globalization that the state’ s security has been comprised owing to increasing interconnectivity of terrorist groups. It should, however, be noted that despite the negative effect of interconnectivity resulting from globalization, it is intended to make trade among nations easier.

References

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Janet, M2005, Economic policy in the modern age of globalization, Cambridge, Cambridge University Press.

Christopher, B2008, Globalization and the nation state, Sydney, Prentice Hall.

Salvetti, F2010, The state, Regionalism and Globalization, London, Rutledge.

Hemerling, W, 2011, Globality: competition with everyone from everywhere for everything, New York, Business plus.

Andrew, J2013, Globalization is killing us, Cambridge, John Willey and sons.

Gavin, K2010, International trade and globalization, Oxford, Oxford University Press.

Edward, G2006, The case against globalization: advocacy for the return to the local, New Haven, Yale University Press.

Arno, T2007, Why globalization works, New York, Nova Science Publishers

Stieglitz, J2012, Globalization and the state of third world countries, Cambridge, Cambridge University Press.

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