GLOBALISATION AND DEGLOBALISATION

Globalisation and Deglobalisation

Globalisation and Deglobalisation

Globalization and Its Significance

Globalization of the world is not the original concept. Globalization offers various benefits to the economies. Nayyer suggests that the only way to survive in the market without having to reduce excessive wages and profits is economic globalization, which is the most important result of advances in technology, becomes in turn a powerful acceleration factor of this progress.

As the global economy can only protect employment by improving the level of professionalism, or by improving the competitiveness of the national production system, globalization presents as an opportunity for economic and social growth for people who prove able to adapt its rules, gives way, also citizens of the world to be united by a collective mentality.

Proponents of globalization believe that, through its processes, for the next twenty years the economy will grow by 5.4% per year in developing countries, by 4.9% per year in the newly industrialized countries of 4.2% per year in the Middle East and North Africa and 2.4% per year in OECD countries. These data tell us that economic growth will affect all the states and that the poorest countries today are growing much faster than richer ones.

The expected economic boom should result in twice the welfare of the people in this area, and they are now with the spread of wealth, should also decrease the birth rate, and the tremendous growth of world population (Michie 1995, pp. 200).

Globalization, in fact, breaking the historic alliance between the market economy, welfare state and democracy, which so far had legitimized the project of modernity based on the nation-state. Globalization for developing countries may be a significant growth engine.

Globalization also strengthens the inequalities. On a space, since the emphasis of the roughness of the area occurs at all levels: ...