Globalization

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Globalization

Introduction

Globalization process is a process of world political, economic and cultural integration and unification. The definitions, you can move to phase describe causes, driving forces and an understanding of the process. The main driving force of globalization is the world market and a unified information space formed by the development of the energy sector, transport and communications. The development of the energy sector resulted in the rapid growth of the industry, which, thanks to the development of transport can effectively and quickly sell their products not only in the regional markets, but also in the world, that was the reason for the formation of a developed, truly global, world market. Simultaneously, the development of communications enabled to quickly transfer large amounts of data over long distances, which gave rise to the single information space.

Discussion and Analysis

Globalization is a complex and contradictory chivy process. There are many definitions of globalization; the authors emphasize the key to their view features. The choice of these features depends on the position and researchers' interests. Some of them perceive globalization as a growing process which has international impact of various factors. Others see it as the formation of a unipolar world a new global empire. Others pay attention to cultural and value unification (victory liberal node democratic values).

But the overwhelming majority of studies recognizes the central role of the economy in the process of globalization and provides the relevant definitions of the briefest which treats globalization as a single occurrence of the World of the economic system. Globalization has increased the internationalization of the economy, therefore, on the one hand, it is a continuation of the other, represents a new stage. An important component of globalization is the new international division of labor, which implies an increase in the share of trade and services (other than the traditional cross-sectoral) a sectoral division of labor that gives special economic strength to the relations.

Significant component of globalization is the emergence of international production in the face of TNK - "global ball players, "which became a major driving force of the process. However, the undisputed leader of a recognized financial globalization sphere is directed by one central "global player” the IMF. The global movement of capital has three main streams, providing trade in goods and services, foreign direct investment and portfolio investment. The rapid growth is portfolio investment became a hallmark of modern variable of global economy. Capital portfolio suggests quick speculative of profit and benefit from market fluctuations in any direction. Globalization and the development of modern means of transport, communication and information technology, the use of which "squeezes" the space and time and increases borders transparency ability.

Thus, globalization is a new reality that undermines and changes the traditional structures and institutions. Analysis of the ongoing processes in the world, allows us to state that globalization has the most diverse influences on all States, including the development (first in the USA) included the group of "global players". Globalization undermines the role of the nation-state as ...
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