Globalization is a social process independent of man’s will. It is also a dynamic development process with inner contradictions and a dual nature. Although it provides a rare historic opportunity for many countries to develop, it also creates differences, competition and conflicts of interest. Globalization’s contradictions and dual nature also exert a complicated influence on contemporary international relations.
While globalization deepens mutual dependence and further promotes this era’s trend toward peace and development, its nature of imbalance has led to the rise of power politics in the same period, complicating the process of multipolarization.
The acceleration of globalization has continually deepened mutual dependence and
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However, since the current globalization process took shape at a time when the old international order had not yet undergone fundamental change, the Western developed countries remain dominant. They are the biggest beneficiaries while the developing countries are in an adverse situation. Thus the imbalance of forces in the international structure has been aggravated. In 1999, the developed countries, whose populations account for only 20 percent of the world total, possess 80 percent of the global GDP and 81.2 percent of the total volume of world trade. The political and economic strength of a vast number of developing countries has weakened relatively rather than strengthened within a certain period. Hegemonism and power politics will intensify for a considerable period of time and new interventionism will likely run wild. The imbalance in the globalization process means that the multipolarization of international politics will follow a long and tortuous road.
In the process of globalization, a vast number of developing countries are faced with more and more challenges on the issue of national sovereignty. Effectively safeguarding national economic security has become a new task for these countries.
In the process of globalization, different countries have different circumstances and standing. The developing countries, including China, are faced with unprecedented challenges and
In summary, the author, James Rosenau, suggests that the world has changed from the previous Cold War era. There is no longer a threat of nuclear holocaust that was so prevalent in previous years. Rosenau suggests, “the global economy may have replaced the battlefield as the site of competition among international actors…the emergent global order will be relatively free of strategic underpinnings.” Governance for Rosenau is supposed to be more informal, varied, and elaborate than that of the Cold War period. People have become smarter, technology has spread, and there is a greater involvement of citizens. As shown through the absence of a hegemon, and centralizing- decentralizing tensions, power is shifting in international affairs. Issues
Globalisation is such a complex and broad topic with numerous aspects that it is described by academics in a large variety of ways although most of which overlap in one way or another. However, Stief (2014) simply describes it as a process that presents a connection and interaction between countries and nations particularly in economic, cultural and political aspects amongst others, with Trans National Corporations (TNC’s) such as McDonalds being increasingly present in Asia, or Spanish films being shown in New York as well as groups of countries coming together to create organisations such as the United Nations and European Union. Key characteristics of globalisation include improved technology, Non-Governmental Organisations, spreading of knowledge and importantly the movement of people and capital which this report will be focusing on. It is argued that globalisation would not be able to occur without the ease of movement of both capital and people between countries, but it is important to understand what effects globalisation has had on this integrated movement. European Union is an organisation that can be looked at when trying to find this as it is a closely integrated group of countries in Europe where the effects of globalisation are seen on a daily basis in almost all sectors of the member countries from education to healthcare. One of the numerous policies and agreements within the EU is the ability for both people and goods to move freely between
Throughout the essays, “The Rise of the Rest” and “The Last Superpower,” Fareed Zakaria is interested in helping us see the world in a new way. “This is a book not about the decline of America but rather about the rise of everyone else” (Zakaria 9). There are many transformations happening around the world. Politics, economics, and culture have changed international life. The first shift was the rise of the Western world. It was about being modern in science and technology, commerce and capitalism, the agricultural and industrial revolutions. The political power in the West continued due to the rise of the Western World. The second shift was the rise of the United States. The United Stated was dominant. Also, it was solider than any other countries
The world order, in general, refers to the economic, political or social state of affairs prevailing in the world at a given time and the corresponding effect this has on the different relationships countries have among each other. In this essay, I will argue that the world order is not in fact changing and that we are not witnessing a power shift from the West to the rest of the world. To prove this, I will analyse in terms of hard and soft power how the West is still the more dominant party. Firstly, I will compare the military and economic power of the US and China and come to the conclusion that the US is the more dominant power. Next, I will demonstrate how in terms of foreign policy and political power the US commands more soft power
Globalization is a process that refers to the increased integration between different countries and economies as well as the increased impact of international influences on all aspects of life and economic activity. Over the last 50 years, globalization has had a tremendous impact on the Chinese economy. The impacts brought forth by globalization can be both positive and negative and effect both economic performance, economic growth and the development of China’s economy. Globalization is the main factor responsible for China’s significant growth that has taken place over the last two decades. However, globalization itself is not entirely responsible. The Chinese economy has also implemented strategies which have been very effective in promoting economic growth and development. These strategies include the implantation of“Open door policy”, “Reformation” of China’s agricultural system and joining the World Trade Organisation.
When it comes to the topic of the distribution of power in international arena, there is one state that cannot be left behind in any debate. The US has been considered as a global hegemon since the end of the Cold War, but more recently there has been no clear vision about its role in transformation of current international system. Although, other great powers tend to pick up pace in gaining strength in some dimension, the US status of the strongest superpower that dominates the global governance can be backed up with its economic and military capacity as well as its geopolitical influence.
Ikenberry begins his article stating that power and wealth spheres are moving from the North and the West to the East and the South (Ikenberry, 56). Moreover, he explains that the modern rising states are large non-western developing countries such as China or India (Ikenberry 57). Ikenberry contemplates that the global economic slowdown and the different set of cultural, political and economic experiences gives way to the belief that the liberal world order is ending (Ikenberry, 57). However, Ikenberry dismisses this thought, as he believes that emerging great powers will want to maintain the basic rules and principles of the liberal world order (Ikenberry, 57). Ikenberry asserts that the power transition of North and the West to the East
Globalization grew at an alarming pace after the fall of the Soviet Union when the USA was left in a position of dominance, allowing them to invest in “economic prosperity” in several nations. With the introduction of deregulated global free trade, the shift to capitalism with an individualist mentality, and a technological revolution that transformed our social spaces and boundaries, a “farther, faster, cheaper, deeper” (Antonio, p. 70) mindset now guided decisions about the environment, culture, economy, political system, and most importantly, the well-being of global citizens. America currently maintains the hegemony and the alliances
Globalization is perhaps the single most important development in geopolitical affairs post-WWII, affecting the state in a forceful and wide ranging manner. These effects can be seen with the rise of populism in America and Europe, the proliferation of free trade agreements, and the progression of technologies such as the internet. With these long term trends, it is evident that the power of the state over its populace has weakened profoundly. There are numerous current or recent events that serve to confirm this.
Mr. Thomas Friedman’s luncheon address on November 15, 2000 entitled National Strategies and Capabilities for a Changing World: Globalization and National Security is a summary of his book, “The Lexus and the Olive Tree,” which describes the international environment for the post-Cold War era. Mr. Friedman argues that “globalization” is the primary architecture that most of the world operates in since the demise of the Cold War era.
According to Kindleberger, for the development of a liberal, open stable international economy, there has to be a stabilizer power – a hegemon. Hegemony means dominance or leadership, especially by one nation. Hegemons are the states that dominate the system and pay most of the cost of maintaining a stable system. The hegemonic stability theory argues that in order for the international system to achieve grow and stability there has to be a state that acts as a hegemon, dominating the others but also paying the cost associated with undertaking problems in the international system. The hegemonic stability theory raises that one country that is unusually rich and powerful dominates other states or the entire international system for a length of time, during which it establishes and enforces a set of rules that regulate various elements of the international political economy (Balaam, Dillam 2011).
Today’s era of globalization has opened up to satellites, internet and fiber optics making it possible for developing countries to widen their trade capabilities. “These technologies also allow companies to locate different parts of their production, research and marketing in different countries, but still tie them together as if they were in one place” (Friedman, 1999, pg. 11). Politically the era of globalization has also evolved from an earlier one dominated by British power to current times dominated by American power. The American navy opened up the lanes at sea for the international trading system to breath life. Globalization has changed immensely over time and a new era of globalization has began to dominate the international system. Thus, replacing the Cold War system and contributing to a new structure of domestic politics, commerce, environment and international relations.
As different states continue to try and emerge as powerful global leaders there is one argument that still seems to always be questioned. The question of globalization and whether every state should implement it within the international community. The growth of international flow of money, ideas, and culture help increase the interaction between people, states, and countries demonstrating full globalization. However, globalization is not only an economic issue but a cultural issue as well. To be a globalizing international community global leadership must go beyond prioritizing only one’s interest. Globalization has both benefits and drawbacks to being fully implemented in the international community. There are many states and actors within states that would benefit from a common economic goal, however there will always be some actors and states that would suffer from a common goal. In the global community right now there are many states that would be antiglobalization for many different reasons. Some include high tariffs, human security, and trade wars. However, globalization is worth defending and extending when every state is forced to have a common economic process of integration that has both social, economical, and cultural aspects. Their are many different states that take a different approach to globalization and antiglobalization. Their different approaches help drive the argument of whether globalization is with the impacts it has on not only the global leaders but
The dubious nature and influence of globalization is profound within the International Political Economy (IPE). Globalization is used in reference to three distinct sets of forces in the world economy. Internationalization encapsulates the upsurge in economic transactions across borders which has been occurring since the turn of the century but which some contend has experienced a quantifiable spike in recent decades. Technological revolution, a second facet of globalization describes the way modern communications made possible by technological advancement have made location and distance less important aspects, not just for government at the local and regional levels but in the quantification of modern-day communications which enables firms and other actors to operate globally with less regard for position, distance, and borders. The liberalization theory describes the policies undertaken by states which have engendered a new global economy. Both rules and institutions are created by powerful states in sustaining a new scale of transnational economic activity in certain sectors of the world economy. This also comprises the policies of smaller and less influential states in the system who through liberalization, investment, production, or trade have integrated into the fabric of the world economy. In International Political Economy, different competing claims are made about globalization. For instance, some scholars claim that globalization is nothing new, others argue that
Globalization refers to the development an economy and any forms of governance that span much of the world.It means the integration of markets across the entire world and the increasing tendency for people , corporations and states to operate in or across national boundaries. More foreign enter into China and the employment opportunities will be conduct regardless of the nationality in favor of ability. Mobility of humanresourse.With China's WTO accession, many in the Western world are planning to exploit the vast potential markets and considering the "benefits" that WTO membership will bring such as increased access, new markets and more opportunities to move production facilities. To benefit fully from WTO membership, however, Chinese companies will have to become players on the world, rather than just on the regional stage. Otherwise, the world will compete with China, but China will not benefit fully from entry into Western markets. We have come to realize that China's entry into WTO will bring great risks and challenges as well as the excellent opportunities to the Chinese companies, especially the state-owned companies, which are still in the process of reform. We need to quicken our pace of reform and lay a good foundation to meet these challenges.