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Essay / Globalization defines our world today - 1095
I will first define the term “globalization” in order to avoid the flaws of misrepresentation or overgeneralization. Therefore, the term has been defined in several ways, by various researchers and scholars, but for this article I will limit it to the following definitions by Kennedy and Beck. Kennedy defines globalization as primarily integrating structures. He went further to explain that the globalization of economic structures means that local and national governments end up ceding control of policy to global institutions – primarily multinational corporations, but also non-governmental, regional or international organizations. such as the World Bank or the International Monetary Fund (Kennedy 1993, p. 47). Ulrich Beck defines it as a collective process by which sovereign national states are crisscrossed and undermined by transnational actors with varied perspectives of power, orientations, identities and networks (Beck 2000: p. 10). Globalization is known today as the new system of interaction between the contemporary society of the world in order to develop the world economy, technology, political and cultural exchanges. However, this appears to be possible largely due to advances in communications, transportation, and infrastructure development around the world. Globalization has become particularly important over the past two decades, a period which has seen the emergence of a global economy and the development of communications. Subsequently, the end of the Cold War in the late 1980s coincided with increased globalization. However, this post-Cold War period lasted approximately twenty years. This has been noted as a period of rapidly expanding globalization, involving an increase...... middle of paper...... our current world. Works cited1. Kennedy, P. (1993). Preparing for the 21st century. New York: Random House.2. Thomas L. Friedman (1999). The Lexus and the olive tree: Understanding globalization: New York: Farrar, Straus, Giroux3. U. Beck 2002. What is globalization? Cambridge.4. Globalization, computerization and intercultural communication: http://www.acjournal.org/holdings/vol3/Iss3/spec1/kluver.htm5. Globalization and beyond: the future of poor nations; by Sherrow O. Pinder: http://globalization.icaap.org/content/v6.1/pinder.html6. Globalization and culture: http://www.stateofnature.org/globalizationAndCulture.html7. International relations and globalization: http://vig.pearsoned.co.uk/catalog/uploads/M01_HAYN4924_01_SE_C01.pdf8. Understanding globalization: http://www.etu.org.za/toolbox/docs/development/globalisation.html