The Nation State Is Dead

2 Globalisation is the process by which the world is becoming increasingly interconnected as a result of massively increased trade and cultural exchange. Globalisation has increased the production of goods and services. The biggest companies are no longer national firms but multinational corporations with

Globalisation refers to the process of interaction and integration among the people, companies as well as governments of countries around the world, particularly in terms of trade, investment and technology. The process of globalisation, has profound impacts on the environment, culture, political systems, economic developments, prosperity and human physical well-being in the societies around the world.

Globalisation- Globalisation is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. This process has effects on the environment, on culture, on political systems, on economic development and prosperity, and on human physical well-being in

Globalisation is the process which business or other organization interact and integrate with the people, companies, and governments of the other countries. Globalisation can help a country by improving their economy welfare but at the same time. It has change the world by the effects on culture, and industry. With globalisation, most people life standard has improved by having cheaper and more choices products. Other than the increasing of life standard, local industry have been affected by the globalisation because there are more multinational firms moving into the nation which provide cheaper price for the local residents.

Globalisation is the process by which the world is becoming increasingly interconnected as a result of massively increased trade and cultural exchange. Globalisation over the past hundred years has undoubtedly made the world more interconnected including closer societies, politics, economies, cultures and the environment. Globalisation has increased the production of goods and services. There are those who argue that globalisation creates "winners" and "losers," as some countries prosper, mainly European countries and America, whilst other countries fail to do well. For example, USA and Europe fund their own agricultural industries heavily so less economically developed

Globalisation is the growth and integration between the economies in different countries for movement of goods and services. Globalisation

Trans-national corporations are companies that expand businesses or operations in various countries. Shaping the current global economy and structure, TNCs have the ability to completely change a nation. McDonalds, Ford, and Shell are used as common examples for such companies, but today “smaller companies” are seen using the ever changing economy to expand into global endeavors (Meyar,1996). The appeal of larger markets, greater returns on investment, and overall cheaper production, gives companies the incentive to enter the globalized world. What is not shown in the price these seemingly cheaper enterprises have on environment, political economies, and natural rights. These large companies impose the model of any means necessary, in order to continue expansion and profits. While TNC’s prevalence provides goods and services at a lower cost, the unsustainable, self-seeking, and immoral behaviors displayed bring more harm than good.

Globalisation is a broad term that is often defined in economic factors alone. The Dictionary at merriam-webster.com describes globalisation as “the process of enabling financial markets to operate internationally, largely as a result of deregulation and improved communication.” Also due to deregulation on the financial market, multi-national companies are free to trade and move their businesses to areas where a higher return or profit can be achieved. New technology also enables companies to relocate to areas where labour costs are lower, for instance movement of call centre jobs from the UK to India.

Globalisation can be defined as the movement toward economic, financial, trade, and communications integration by countries and their populations globally. It is a constant process and it has resulted in the intertwining and generalisation of the needs and wants of people

Transnational Corporations (TNCs), also known as Multinational corporations (MNCs), are businesses that have subsidiaries in at least one other state other than their home state (Jackson, 2013) Due to their reach they have a fairly significant role on global politics. They control the mass of the economy and GDP of many states, place pressure on policy makers through their decisions and influence the decisions of citizens through media. They, however, would not be able to function without the rules and economic control states have to create a market place and media channels. This limits their power to an extent but they still retain a position of power within the global political scene.

Globalisation is a process by which national economies become more integrated and interdependent with one another. It is the increasing expansion of money, culture and ideas. It is the interaction and integration among the people, companies and governments of different nations. It is shaping the world around us in ways and at a rate that was unimaginable just two decades ago. Advances in transport such as the steamship, jet engine, and container ships and in communication infrastructure including the Internet and mobile phones have been major factors in globalisation, generating further interdependence of economic and cultural activities. Globalisation is in our everyday lives. The clothes we wear and food we eat have all been transported within days or weeks to our homes our towns. Also, most products have been advertised using our modern technology such as the internet and modern printing presses.

Globalisation is not a new concept, but many believe that the rate of globalisation has increased dramatically in the last few years. This is mainly due to two developments. Governments have initiated free-market economies which decrease the number of barriers standing in the way of international trade and investment and technology has provided people with new tools to identify opportunities, analyse trends, transfer assets and communicate with partners in different countries.

Globalisation is a worldwide movement which integrates economic, financial, trade and commerce from different countries. It has influenced communication between countries and brought them together. It made countries more interdependent and interconnected with free transfer of goods and services across national frontiers.

The power globalisation brings politically is extreme to the point that "globalization is thought to result in the erosion of nation states and national sovereignty by new international actors." (Yeates, 2001). This can be seen looking into transnational corporations and the huge rise of these, to the point that some TNC 's have huge influence of a state due to their size and worth, even to the extent of having a larger GDP than the country they are looking at redeveloping. "TNCs can be caught between competing value standards of political non-interference in a country’s domestic affairs and the pursuit of either activist involvement in such politics or a penalizing withdrawal from the country aimed at forcing changes in the host government’s policies." (UNCTAD, 1999). To the point the state create policies to allow for TNC 's to establish themselves within a given country, which benefits them most due to they have no attachment to government and move freely across the globe. "Since TNCs owe no allegiance to any state, they (re)locate wherever market advantage exists." (Yeates, 2002). Making TNC 's a very attractive investment for states due to the pulling power they bring to a countries economy. If even it means cutting costs in the public sector for example, as the opportunity to have a TNC within the country more be extremely beneficial for the economy and society due to the revenue and employment opportunities it brings. Also see how economic policies are being

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