We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Globalisation - Essay Example

Comments (0) Cite this document
Summary
GLOBALISATION: CONCEPT AND FEATURES Introduction The first application of the term globalisation was on world economy with Columbus and da Gama’s so-called circumnavigation of the world in the fifteenth century. Globalisation emerged and evolved when man started to view the world as a big manufacturing plant of products…
Download full paperFile format: .doc, available for editing
Polish This Essay97.5% of users find it useful
Globalisation
Read TextPreview

Extract of sample
"Globalisation"

Download file to see previous pages The Cold War was characterised by the two-block system, the East and the West, or the opposition between the United States and the Soviet Union, with their supporter countries. And when this was dissolved, with the collapse of the Berlin Wall known as the Iron Curtain, the world seemed dominated with a one-bloc system with a single marketplace. (Eriksen 2007, p. 4) Meaning and concept Globalisation refers to economic consolidation through liberalisation of policies leading to an open economy (Van Der Bly 2005, p. 875). An important characteristic is the interconnectedness of people and openness of nation states. This is enhanced by technology and the Internet, with emails and websites becoming so popular, and everyone can connect and communicate with anyone in any part of the world for as long as there is a computer and an Internet connection. Mobile technology also has become popular and impacted on business and human transactions. Technology and the Internet are referred to as ‘a world of signs’, ‘the age of digitisation’, or the global village where nation states have fewer roles (Bairoch 2000). Some other important aspects include internationalisation, protectionism, liberalisation, and improved competitiveness in world commerce. Mooney and Evans (2007, p. 11) indicated that the beginning of globalisation was the ‘rise of capitalism’. But the question of chronology of globalisation has never been agreed upon by authors. Our primary aim here is to define first what globalisation is and to have a full understanding of its meanings, concept and features. Globalisation encompasses many subjects or disciplines. There are scholars in various fields that can be called globalisation scholars, such as those pursuing interesting studies in culture, sociology, economics, international studies, politics, language and the arts, and much more. Globalization is covered in many subjects and it is one of the much researched fields in man’s pursuit for knowledge (Ampuja 2012, p. 17). This is one of the main features of globalisation – its being cross-disciplinary, which allows it to borrow terms and concepts from those discipline’s own lexicon. (Mooney & Evans 2007, p. ix) Scholte (2005) asserts that globalisation is closely linked to the concept of internalisation, which means the word ‘global’ is a word that describes cross-border interactions or transactions between nation states, and globalisation pertains to an increasing international relations and interdependence of countries. Another important word that we can add to the meaning is liberalisation. This word pertains to a process where there are no restrictions or hindrances during economic transactions between countries. Economists also call it ‘international economic integration’. Liberalisation refers to removal of trade regulations and barriers, foreign-exchange laws and other related laws, and even visa restrictions (Sander cited in Scholte 2005, p. 31). Scholte (2005) adds the word ‘universalisation’ to the concept of globalisation. He theorised that when Oliver Reiser and Blodwen Davies first introduce the word ‘globalize’ in the 1940s, they meant it was about ‘universalising’ or a unity of cultures, or the global village. Thus, Scholte defined globalisation as the way of distributing objects or products and experiences or services to people in many parts of the world. Globalisation can be ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Globalisation Essay Example | Topics and Well Written Essays - 2000 words - 2”, n.d.)
Retrieved from https://studentshare.org/business/1461501-globalisation
(Globalisation Essay Example | Topics and Well Written Essays - 2000 Words - 2)
https://studentshare.org/business/1461501-globalisation.
“Globalisation Essay Example | Topics and Well Written Essays - 2000 Words - 2”, n.d. https://studentshare.org/business/1461501-globalisation.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Globalisation
Implementing effective marketing strategies in the globalization environment reduces risk management issues. Search: Globalisation convergence business market risk. Globalisation reduces revenue risks Globalisation has leveled the playing field, in terms of generating revenues.
12 Pages(3000 words)Coursework
Globalisation
This process facilitates effective circulation of ideas, languages, and cultural ideologies. Nations today tend to liberalise cross-border trade regulations as they realised the significance of increased cross-border trade for international business expansion.
4 Pages(1000 words)Essay
Globalisation
According to Rothenberg (2003), “globalisation is the acceleration and intensification of interaction and integration among the people, companies, and governments of different nations” (pp: 1). Today, with the altering viewpoints, globalisation has emerged as “neologism of the new millennium” (Putko, 2006: 1).
8 Pages(2000 words)Essay
Globalisation
Globalization has increased the concerns of several nations as it poses a threat to the initiatives that are taken on the local level and these initiatives are indigenous in nature. Developing countries have already been burdened by the negative side of globalization and they have started protesting against it.
6 Pages(1500 words)Essay
Globalisation
In essence, globalisation is a powerful real aspect with regard to the new world system, where it signifies one of the most prominent forces that assist in determining the future course of the world. Moreover, globalisation has various dimensions that assist in the process of making the world a single society.
10 Pages(2500 words)Essay
Globalisation
Globalization was the byword of the 1990s, reflecting the rapid growth of international financial transactions, the integration of developing countries into the world economy, and the information and communications revolution that brought satellite television, the cell phone, and the Internet to remote corners of the world.
2 Pages(500 words)Essay
Globalisation
Economic globalization is one of the most powerful sources to have shaped the post-war world and the two major drivers behind globalization are reduced costs in transport and communication in the private sector and reduced policy barriers to trade and investment on the
6 Pages(1500 words)Essay
Globalisation
Hence we are faced with either a process or a strategy, and they are not the same. Trade, investment, finance and labour are the important elements of world economy. Globalisation is the expansion of these economic activities across
4 Pages(1000 words)Essay
Globalisation
Globalization also refers to the massive migration of people, changing national identities and cultural belongings (Suarez- Orozco & Qin- Hilliard, 2004) shattering internal and external borders among and between nations. With its multifaceted connotations, globalisation has
8 Pages(2000 words)Essay
Globalisation
There are several different definitions and meaning for globalization of which one simple meaning would be unification of the world into a single society which functions together.
4 Pages(1000 words)Essay
Let us find you another Essay on topic Globalisation for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us