Globalisation

Essay # 55415

Economics > International
Geography

Globalisation

A look at the theoretical debates surrounding globalization.

1,729 words () | 8 sources | MLA | 2004 United Kingdom

Paper Summary:

This paper examines how the process that has come to be known as globalization, i.e., the progressively greater influence being exerted by worldwide economic, social and cultural processes over national ones is clearly leaving its mark on the world of today. It looks at how it is not a new process, how its historical roots run deep and how the dramatic changes in terms of space and time being brought about by the communications and information revolution represents a qualitative break with the past.

From the Paper:

"The sociologist Anthony Giddens, defines globalization as a decoupling of space and time, emphasizing that with instantaneous communications, knowledge and culture can be shared around the world simultaneously (www.globalisationguide.org), while a Dutch academic who maintains a good website on globalization (http://globalisation.kub.nl/RuudLubbers), defines it as a process in which geographic distance becomes a factor of diminishing importance in the establishment and maintenance of cross-border economic, political and socio-cultural relations. Left critics of globalization define the word quite differently, presenting it as worldwide drive toward a globalized economic system, dominated by supranational corporate trade and banking institutions that are not accountable to democratic processes or national governments."