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Globalisation Essay: The Positive and Negative Impacts of Globalisation on the Developing World
What is Globalisation?
Free 3000 words Globalisation Essay: The concept of globalization is currently a popular but very controversial issue, and has been one of the most widely debated issues since communism collapsed. �Debates currently raging about globalization include whether it even exists, whether it is more important now than at some earlier date, whether it is displacing the nation state, and whether it is more important than regionalism or localism� (Stallings 2000). It means different things to https://www.aupetitmarchecouvert.com/how-to-post-a-financial-assistance-charm-letter/ different people, but in most cases remain a loose and ill-defined concept. Globalization has several definitions, but an undisputable fact which everyone agrees to is the fact that it is a complex process that has wide and varying impacts on economies, both developed and developing.
Looking critically at the concept, globalization in its broadest sense can be said to be a prismatic, complex, and multidisciplinary topic. It can be examined from several angles which includes not only economic, the most common viewpoint, but also social, cultural, ideological and political ones. James Rosenau, a foremost political scientist, defined globalization as �a label that is presently in vogue to account for peoples, activities, norms, ideas, goods, services, and currencies that are decreasingly confined to a geographic space and its local and established practices� (Stallings 2000). For those looking at it from the economic angle, it refers to the increasingly internationalized character of the emerging global economy. To the lawyers, it has to do with �the threatened changes in legal status of states and their citizens� (Saker et al. 2004). It means different things to different people, but the bottom-line is that these disciplinary-based viewpoints fail to take into consideration the multiplicity and complexity of change processes, and therefore fail to appreciate their effects, both directly and indirectly.
Globalization is widely accepted and referred to as �the widening, deepening and speeding up of world-wide interconnectedness in all aspects of contemporary social life, from the cultural to the criminal, the financial to the spiritual� (Lawal, 2006). This widely accepted definition shows the way in which globalization today connects the cultures and communities in one corner of the world to development occurring in another country.
Globalisation Essay: Globalisation and world wide interdependence
Globalization is truly a complex phenomenon �which encompasses a great variety of tendencies and trends in the economic, social and cultural spheres� (Bertucci & Alberti 2001). It is dynamic and unpredictable, although not entirely disordered. Four major factors have been identified to be the driving forces pushing forward worldwide interdependence. They include entrepreneurship, liberalization of trade and investment, technological innovation, and global social networks (Bertucci & Alberti 2001). Although it is believed in many quarters that the two major forces behind globalization are entrepreneurship and technological innovation, these two alone cannot give an explanation of the process of improved economic integration. Through the elaboration and adoption of market-oriented policies and regulations at both the international and local levels, the national governments have played a very vital role in allowing greater interdependence and economic integration of specific activities (Bertucci & Alberti 2001). The most formidable force is the economic dimension of globalization as it is the driving force for both the social and political aspects (Ibrahim 2006). Taking Africa for example, European cultures were able to find their ways into the innermost regions as a result of the colonisation of various countries which was triggered by the European industrial revolution.
Globalisation Essay: Globalisation and Worldwide Development
Globalisation today has now cleared the way for worldwide development, but the progress is not �even� as some nations are getting integrated into the global economy faster than others as shown by these countries� fast economic growth and reduced poverty levels (Lawal 2006). This then means that globalization does not hold the same benefits for all members of the global community. It holds more benefit for members of developed nations while developing nations can be said to be in a rather deprived position. But looking closely at the impacts of globalisation on developing countries, one would observe both sides of the coin, in that it has both positive and negative impacts.
Globalisation has had a lot of positive effects on developing countries. For instance, it played a significant role in the ability of some countries to achieve independence. Taking the case of Ghana for example, �the end of the Second World War was significant for Ghana�s gaining independence and a turning point in the history of the Gold Coast� (Ofosu 2010). And just like Scholte argued that situations occurring in a country thousands of miles have a way of affecting the economic, social and political situations in one�s country, the rising up of capitalism in the United States and Socialism/Communism in the Soviet republics were to Ghana�s benefit as they assisted in the achievement of