The revolutionary opportunities and situations due to globalization raised a new topic of: global Security”. Everyone in the global politics is now concerned about the global security in the context of globalization. I will discuss issue of global security and possibility of its achievement in detail in the context of globalization and I will also highlight global security and the globalization link in the eyes of liberals and realists the two dominating school of thoughts throughout the world. Globalization has minimized the distances and increased the interdependence of states due to advanced technology and communication means. Nowadays the events are more localized and any event happened in one part of the world has impacts on the whole world due to globalization.
Today it is an overarching international system shaping the domestic politics and foreign relations of virtually every country, and we need to understand it as such? (Friedman, 2004). Now that we know what globalization is, we can know try to track it and better understand it and its effects. HISTORY OF GLOBALIZATION Now let?s take a look at the history of globalization. When we look back at globalization we are going to look mainly from the area of the industrial revolution.
Globalization ensures internalization of the products produced by different countries. The use of globalization in business aids in securing changes in production structure. In the end, the business entities make links with the deepening of capital in international flows. The process of globalization is a process that is likely to be reversed (Datel 125). Countries have alternatives to work with policies that govern different regions and countries during business interaction.
In recent decades, globalization has become a trend though hundreds nations around the world. Generally, globalization refers to trend of countries joining together in alliances or unions to support each other in many aspects such as politics, economy, education, and even military (Burbules & Torres, n.d.). While globalization brings a huge package of advantages to many nations and states, it would be fair to recognize a long list of disadvantages from this trend. In my opinion, one of the most significant problem is globalization has undermined the power of the nation state. This essay is going to explain the definition of globalization, analyzes the impacts of this trend on political aspects, and discuss how globalization has undermined the
In other words, the phenomenon of globalization goes beyond the purely economic framework and has a significant impact on all major areas of public life - politics , ideology and culture . He will undoubtedly play a decisive role in the global economy in the XXI., giving a powerful impetus to the formation of a new system of international economic and political relations. First, globalization is caused by objective factors of global development, the deepening of the international division of labor , scientific and technical progress in the field of transport and communications, which reduces the so-called economic distance between countries. Allowing to obtain necessary information from anywhere in real time and make decisions quickly, modern telecommunication systems unprecedentedly easy to organize the international capital investment, co-production and marketing . In the context of information integration of the world much faster transfer of technology and management experience of foreign borrowing.
It is a shift from a world of distant national economies to a global economy in which production is internalized and financial flows freely and instantly between countries. In cultural globalization it is the process whereby information, commodities and images that have been produced in one part of the world enter into a global flow that tends to “flatten out “cultural differences between nations, regions, and individuals. While political globalization is refers to the growing importance of international organizations. These organizations that are transnational in that they exert influence not within a single state, but within an international area comprising several states. (Andrew Heywood
The paper focuses on the increased complexity of globalized organizations and methods of altering the process within the structure. Business and environment change constantly to sustain development in emerging markets and increase efficiency. Integration of relationships and processes of the world systems, help to manage local, regional and planetary balance to manage duplication of success become conceivable. The retail giant Wal-Mart exhibits its ability to transform the organization asynchronously with the increase integration of globalization.’ Wal-Mart unveils the type of integration possible between globalization, and business services as it adapts, eliminating redundancies and repetitive movement. It observes the effect and influence, propagated on business through it use of supply chains, and influence.
Moreover the interconnections of economies will increase both opportunities for the business and competition among them. Zhu (2009) argues that globalization has two different parts namely Globalization of markets and Globalization of productions. Globalization of markets is about fusion of national markets, which are traditionally distinctive and separate, into one huge global market. Here the markets which are physically separated by national boundaries will be merged conceptually with the help of technologies and policies and then perform the business globally (Zhu, 2009). Ex.
An executive summary Introduction By globalization Dictionary 2542, the meaning of globalization is "to spread around the world; The international community should be aware of any relationship or affected by what happened to glance wide. This was due to the development of information systems, etc. "However, in view of the author's view, the globalization is the world and all countries are included in every aspect, there are many factors such as, political, economic, social, culture, technology, communications and transportation virtual. The authors proposed a view of globalization affect to the business in the current two aspects: Economic aspect of globalization and Cultural aspect globalization. 1.
Effect of globalization on business can be summarized as follows: 1. Transformation to Global Market: Chowdhury (2011:293) described that, globalization provokes the need to merge individual national markets into a huge global market. It eliminate local trade restriction imposed by government, cut taxes, ease up business activities over international boundaries. Globalization encourages various multinational companies to emerge and work under a common umbrella. 2.