Globalization Defines Our Present World

I will first define the term ‘Globalization’ in order to avoid the blemish of misrepresentation or overgeneralization. Hence, the term has been defined in several ways, by various scholars and academia, but for this paper, I shall limit it to the following definitions by Kennedy and Beck. .

Kennedy defines globalization as primarily integrative structures, he went further discussing that globalization of economic structures means local and national governments eventually cede control of policy to the global institutions – primarily multinational corporations, but also including non-governmental, regional, or international organizations, such as the World Bank or the International Monetary Fund (Kennedy 1993, p. 47). .

Ulrich Beck defines it as a collective process through which sovereign national states are criss-crossed and undermined by transnational actors with varying prospects of power, orientations, identities and networks (Beck 2000: p.10)..

Globalization is known today as the new system of interaction among the contemporary society of the world in order to develop the global economy, technology, political and cultural exchanges. However, this is noted to be possible largely by advances in communication, transportation, and infrastructure development around the world. .

Globalization has become particularly important over the last two decades or so, a period that saw the occurrence of a global economy and a communications development. Subsequently, the end of the Cold War era in the late 1980s coincided with increased globalization. However, this post-Cold War period – approximately lasted for a period of twenty years. This was noted as a period of rapidly expanding globalization, involving increased ...

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Works Cited

1. Kennedy, P. (1993). Preparing for the twenty-first century. New York: Random House.

2. Thomas L. Friedman (1999). The Lexus and the Olive Tree: Understanding Globalization: New York: Farrar, Straus, Giroux

3. U. Beck 2002. What is Globalization? Cambridge.

4. Globalization, Informatization, and Intercultural Communication: http://www.acjournal.org/holdings/vol3/Iss3/spec1/kluver.htm

5. Globalization and Beyond: The Future of Poor Nations; by Sherrow O. Pinder:

http://globalization.icaap.org/content/v6.1/pinder.html

6. Globalization and Culture: http://www.stateofnature.org/globalizationAndCulture.html

7. International Relations and Globalization: http://vig.pearsoned.co.uk/catalog/uploads/M01_HAYN4924_01_SE_C01.pdf

8. Understanding Globalization: http://www.etu.org.za/toolbox/docs/development/globalisation.html