GLOBALIZATION

Globalization



Abstract

Throughout the late twentieth and the early twenty first centuries, the term, globalization has been frequently used in contemporary academic and general discourse as well as at the forefront of international economic debate. Globalization has a fundamental impact on our daily life, and debate of its good and bad impacts remains unresolved. Although this era has given rise to the significant advancement in various elements such as technological, social, economic, political, cultural, and sociological, the discussions about economic globalization are much more dominant and commonplace.

Globalization

Introduction

Globalization is the process through which the peoples of the world interconnected in all aspects of their life that is culturally, economically and politically, technically and environmentally. Globalization has always been equated by many analysts with economic interdependence. Indeed, nowadays, the extent and level of global economic relations appears to be unparalleled in world history, mainly in terms of the immense quantity of capital flows. It was supposed to be one of the great new ideas.

Globalization put a new emphasis on spatial economics and the importance of economic geography because of the spatial spread of certain economic activities in some geographical locations and the contraction of certain business in others. Because globalization is immaterial and impersonal, it may not be located in a defined geographical space, it cannot be taxed or prosecuted, but it governs to the extent the lives of people that it touches. Globalization seems to be something like an emperor without an empire.

Discussion

Globalization and Realism

Realism is a philosophy that understands the world as relational, causality as contingent, and knowledge as socially produced. Realism is a powerful analytical ability to understand the united international system. For classical realists, like Morgenthau, the forces inherent are the nature of human behavior, such as aggressiveness, are those that make up the world consequently, favor the outbreak of war. They believe that the proper way to avoid them is to form balances of power in order to discourage states and to promote necessary conditions for stability in the international system.

To maintain this balance, Morgenthau notes that the key is to allow the system elements pursue their opposing tendencies, until one is not strong enough to exceed that of others, but to prevent it from being overpowered by other. This formulation of realism soon caused dissatisfaction among academics international relations. Criticisms by the anthropological pessimism marked and forget the growing interdependence in the international system and the development of standards created to govern it international. How to identify and measure threats between States is a controversial issue for all variants of realism. The neo-realists like Waltz computing threats, calculating the potential power of each state.

Globalization offers great opportunities to achieve a truly global development forward in an irregular manner. Some countries integrate into the global economy more quickly than others. In those who could fit in, growth is stronger and reduces poverty. Under the influence of outward-oriented policies, countries of East Asia, which were among the poorest in the world 40 years ago, for the most part ...