-
Essay / pol101 - 970
Economic globalization and economic integration can reduce the likelihood of conflict and war in many cases. Economic globalization is the increasing economic interdependence that results in policies such as reduced tariffs, foreign investment and includes increased cross-border movements of goods and services. Economic integration is the elimination of tariff and non-tariff policies through the unification of economic policies at the national level. The way economic globalization and integration reduces the risk of conflict and war is by providing conflicting nations with an alternative to military action by allowing economic competition within the market. Another way to reduce conflict is to create business relationships and interdependencies. Finally, economic integration has the capacity to change policy; this is done through the interactions of commercial markets and relationships built through globalization. Economic globalization and economic integration can, in most cases, prevent conflict behavior from occurring by using interstate relations in the market sphere. The market becomes an alternative domain in which many disputes can be resolved through competition or dependence and can prevent conflict and violence between states. Economic globalization can reduce disputes between states because it provides an alternative to military violence and can lead to market competition. An example of how this could be achieved would be to have two (or more) states focusing their resources and energies towards the goal of becoming the economic hegemon of the market. If states focused more on their economic sphere of influence and became more profitable, this in turn could distract attention from any sort of militia...... middle of paper ......g (with loans) to these European and non-European countries, they were able to revive their economy again and re-enter the market. The World Bank and the IMF are excellent models of how economic integration can change the way states do politics with each other and how it could in turn reduce conflict while rebuilding a state up to point where he is able to function on his own with no financial assistance. Although economic globalization and economic integration cannot resolve all conflicts and disputes that arise between states, they do, however, effectively reduce the scale of conflicts and wars that could eventually arise by bringing states together in trade relationships that create bonds of interdependence and trust through market trade. The market acts as an alternative means to resolve conflicts and create bonds between nations..