To what extent has globalization reshaped international politics?

1718 Words Oct 28th, 2013 7 Pages
Globalisation as described by John Bayliss is the widening, deepening and speeding up of global interconnectness. Distinctions are usualy made between economic, cultural and political forms of globalization.Over recent years Liberals have tended to agree with the statement whereas the Realists disagree with the statement.

Liberals, or hyperglobalists as they are sometimes referred to believe that, globalization assures efficiency and that it increases welfare throughout the world. They also believe that the concept of globalization is unavoidable and should therefore be embraced instead of being criticized. The liberal view is one usually adopted by economists, part of the reason for the liberal viewpoint gaining credibility and being
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The rise has equally seen states mould some of their policies around the idea of trying to attract these NGO’s and transnational companies into their states. Tactics may include tax reductions or simply the promise of state perks. The states know that the NGO’s and transnational companies will help to bring with them prestige but also more importantly employment which will help their chance of staying in power as a major factor in elections is the economic situation in the country and this is what governments are ultimately judged on. Transnational companies now account for 70% of world trade which helps emphasize their importance to the economy. It can also be said that they bring technological advances around the world which can only really be deemed as a positive.

Liberals argue that economic cooperation leads to political cooperation. This is due to economic cooperation being able to dictate the country’s policies. This is because of the fact that the government know to be regarded as a success the economic stability of the state is one of the most important things. This leads the state into cooperating with not only transnational organizations but similarly other states in order to maximize their possible economic opportunites. A major example of economic cooperation leading to political cooperation was at the end of the Cold War whereby many former communist states saw
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