Taking altogether eonomic globalisation has had positive Free经济全球化以共有积极的自由.docVIP

Schneider 4623 words Frederick International political Economy Taking altogether economic globalisation has had positive effects so far. Evaluate. Discussion about globalisation is one of the most passionate in the field of economics. While some see it as a huge opportunity to allocate resources in the most optimal way worldwide, others accuse international institutions and rich countries promoting it of exploitation of the Third World. There is no doubt about the fact that globalisation is a complex set of processes which cannot be assessed easily. One of the origins of the divergence in view about it is because all the commentators do not mean exactly the same thing when they speak about globalisation. In fact, there is no single definition of this concept. It can be seen very narrowly as the free trade among countries or very broadly as a force which not only determines (or puts into a framework) policy outputs in different countries but also drives the changes in political relations, in cultural convergence, in making peace, but also in provoking wars. As we will see later, some even believe that there is no globalization at all. Joseph Stiglitz defines it as “closer integration of countries and peoples of the world which has been brought about by enormous reduction of costs of transportation and communication and breaking down of artificial barriers to flow of goods, services, capital, knowledge and people across borders.” He stresses that this has been accompanied by the emergence of international institutions which aim to regulate and to promote these processes. He says that parallel to that an international civil society emerged. We will use his definition of globalization in this paper, as it is seen as a compromise between this describing it simply as a free trade system and the broad