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Essay / Research Paper Abstract
This is a 3 page paper that provides an overview of globalization. Research is cited that links globalization to state competition. Bibliography lists 4 sources.
Page Count:
3 pages (~225 words per page)
File: KW60_KFproj01.doc
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Unformatted sample text from the term paper:
common and readily obvious of these ways is through the increased economic competition between state powers. Throughout the last several decades, globalism in business has facilitated the foreign direct investment
in many world economies that had previously not enjoyed a very large economic footprint, including many countries throughout South America and Southeast Asia. Now, as globalism has bolstered those economies
locally, there is a tendency to enter the competitive fray that drove multinational expansion in the first place. There are many pieces of research which readily demonstrate this principle.
One 2010 study attempted to measure the global cultural transformation away from the welfare state and towards the "competition state" (Horsfall, 2010). The link between globalization and the emergence of
the competition state is illustrated here as globalization of industry facilitating a collapse of welfare states in many countries as the result of "perceived global and demographic upheavals [during] the
last 30 years" (Horsfall, 2010). In measuring this link, the research relies upon qualitative measurements such as data from the Organization for Economic Cooperation and Development (OECD), data previously used
to "index 25 countries in terms of their competition stateness (Horsfall, 2010). Results indicated a strong dissolution of the welfare state by standard definitions thereof, and an emergence of qualities
suggesting a competition state in the majority of globalized countries (Horsfall, 2010). Globalization has also impacted state competition in the local sense as well, in that local communities within
a single national context are now competing with one another for the favor of economic development programs. A 1998 study showed that while "economic development programs can help local economies
by reducing unemployment and increasing earnings", it is also the case that many institutional bodies have adopted the view that these programs are most impactful when concentrated in low-growth of
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