Impact Of Globalization On Nation States

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

We live in a time of worldwide change. What happens in one part of the world impacts people on the other side of the world. People around the world are influenced by common developments.

I believe globalization is somewhere in between of having a positive or negative impact on the world. Just like the old saying “too much of a good thing can be bad for you” the key to everything in life is balance and excess might harm you. Furthermore, both sides of globalization have compelling arguments on the positive and negative effects of globalization, furthermore different countries and cultures would have different opinions in regards to how they have been affected by globalization. In this assignment I will look at the positive and negative views of globalization to further prove that globalization ultimately falls somewhere in between as being positive or negative.

Globalisation has effects on the environment, culture, political systems, economic devel`opment, prosperity, and on human physical well-being in societies around the world. Globalisation allows free transfer of capital, goods, and services across nations.

Globalisation, a result of social development, can be described as the increase in cross-broader trade and influence on the economic and social behaviour of nation states (David Begg, 2003:272). This process has affected the world widely and deeply, principally in economics, industrial, technological, political and cultural aspects.

Globalisation is the complex of processes that result in an increase in the interconnection of state through economy, politics and culture. Globalisation and increased state interconnectedness have been present since the late 1940s until today. Globalisation through the ages is seen through the Long Boom, the world wide recessions, neoliberal revival and neoliberal hegemony (Cerny, Menz and Soederberg, 2005: 7/8).

As a result globalisation has also undone some important cultural and psychological underpinnings of sovereignty. However, it is imperative to note that the effect of globalisation on different nation states will not be the same, because states differ domestically, historically, politically and socio-culturally. Therefore, states will make different policy choices in response to the same global phenomena (Held 1989, 237).

Globalization occurs in three forms: political globalization, cultural globalization, and economic globalization. All forms work together to expand relationships and create a single place. On its own Economic globalization is a way for economic relations to extend and integrate across the world. Economic globalization and its policies as well as, the ideology of neoliberalism have a way of creating an inequality between countries and creates an endless debt cycle. International economic organizations have caused long-term effects due to the harsh conditions these organizations impose. A prime example of this effect can be seen in countries such as Jamaica. It is important to understand neoliberal policies and economic organizations in order to understand how debt still plays a role in today’s globalized economy.

China takes a huge role in the global economy. If you will pay attention on any goods around, it can be noticed that the majority of products produced in China. The economic system in this country is enormous. In the 21st century, no country has attracted as much attention to itself as China. In an amazingly short period of time, China increased economical level of the country and developed itself rapidly, however for most modern advanced countries this process took centuries. Every year China increased its impact on the world economy and politics and still doing so. If earlier this influence was only related to the growing share of China in world trade, GDP and manufacturing, in the second decade of the 21st century Beijing started to effectively use the process of globalization for its economic recovery. China began to pursue a policy of restructuring the global rules in accordance with Chinese interests. Due to this, China has influenced some significant impacts on other countries and world economy.

Globalisation alludes to the procedure of connection and joining among the general population, organizations and additionally administrations of nations around the globe, especially as far as exchange, venture and innovation. The procedure of globalisation, impacts affects the earth, society, political frameworks, financial advancements, thriving and human physical prosperity in the social orders the world over.

Globalisation is the process in which all the other nations of the planet come together to expand out exchanges and social trade. This results in a trade of different perspectives, knowledge, items and culture. Many goods and services have increased, because of worldwide trading throughout the past years. Australia is linked into the global economy due to exchanges being made between nations and technology being better than ever, as it is quicker, faster and easier to communicate with potential customers. These are just some of the reasons why Australia is linked in to the global economy.

A country is affected economically by globalisation as the flow of goods and services and factors of production have both direct and indirect effects on a nation state (Dreher, Gaston & Martens, 2010). Globalisation has the ability to be very

In a world where trade barriers are blurring, people cross borders relatively easier in comparison with previous times, countries cooperate with one another and even unite and multinational enterprises (MNEs) gather momentum the national governments still exist. National states refer to geographical space preoccupied by a group of people, who share the same cultural values and political governance, language and religion, history and ethics (Dicken, 2003). Recently, their relevance has been questioned because the world experiences fundamental economic transformation (YouTube, 2008). In other words due to globalization a

Globalization as ‘the acutely adamant affiliation of economies, societies and cultures into a borderless accepted communications [technology] and accumulation arrangement [is] a world-transforming process, not all which is pleasant,’ (Morrison, 2010, p. 32). Although globalization is, and will apparently abide for some time, one of ‘a lot of ambiguous and misunderstood’ concepts, there is some accepted arena to be beginning an allotment of all the confusion (White, 2008). That is the abstraction of admission and relationships that go above the immediate, bounded ambiance. ‘Globalization is the action by which all peoples and communities appear to acquaintance an added accepted economic, amusing and cultural environment; but globalization as a theory, deals with the compression of the region and accession of alertness of the region as a whole’ (Robertson, 1992, p. 8).

The term ' 'globalization ' ' is so saturated with conclusive idealism that such economic philosophy can only appear to intend principles of fairness or freedom. Before the 18th century, the belief was that societies were in a state of decline amongst ancient civilizations. However, during the Enlightenment period, the notion of progress became pervasive, which eventually prompted sociological and cultural revolution, the Western stage theories of progress. In the course, we have so far discussed the emergence of developmental thinking from its conception to its prevailing influence on modern society. The teleology that it has established is that progress is innate and that we are on the same trajectory to the state of betterment: an economic freedom. However, I would like to discuss the adverse effects and consequences of such fixation on progress and development, illustrated by the state of globalization and the imposition of rational order throughout the world. The enthusiasm for ration and technology to govern the human and natural world encourages entities to attempt developmental projects or create solutions that only benefit the sovereign or force developing countries into a Western framework.