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Essay / Research Paper Abstract
This 3 page paper looks at globalization and why it appears to be a robust model that is surviving numerous shocks. The paper reviews literature supplied by the student which describes how and why globalizations works and survives and emerges, characteristics and limitations. The bibliography cites 3 sources.
Page Count:
3 pages (~225 words per page)
File: TS14_TEpoleco.rtf
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Unformatted sample text from the term paper:
as a slow down in the global economic exchanges following 9/11, but this was only temporary. McGrew looks at this in the book, the Logistics of Economic Globalization. Indeed, the
robust and ongoing nature of globalization in terms of international political economics is one that appears to a common thread in many articles with a number f models explaining how
and why the concept and practice is robust ands survives shocks. There are many concepts associated with globalization such as liberalism, modernization and westernization (McGrew) as well as requiring
collaborations and benefiting from technology and increased levels of communication (Aggrawal and DuPont). There has been reference to globalization and the emergence of a single global economy (McGrew), however, there
is also a high level of fragmentation and different areas receive different levels of benefit (Rosenau). There is a high level of concentration of international trade between the OECD countries
(McGrew). When looking at the concept as globalization the difference needs to be drawn between a process and a condition. Where there
is a process there is the implication that there is change and evolution taking place (McGrew), it is this that is needed on many developing areas so that they can
be more included in the global economy, and where governance and agencies can play a role (Rosenau). While it is obvious that there had to be a process bringing about
a global economy, most notable since the 1960s, but it should not be seen as a new phenomenon, it has been gradually occurring for centuries. It is not only a
process, it is also a condition that has lead to, and is likely to continue to lead to higher levels of integration and a rescaling of economic patterns (McGrew; Aggrawal
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