Globalization Theory: The Structuralist Theory Of Globalization

2.5.1.iii. Globalization Theory: The theory of globalization emerges from the global mechanisms of greater integration with particular emphasis on the sphere of economic transactions. Its focus is on cultural aspects and their communication worldwide. Globalization scholars argue that the main elements for development interpretation are the cultural links among nations rather than economic, financial and political ties. In this cultural communication, one of the most important factors is the increasing flexibility of technology to connect people around the world. The main aspects of the theory of globalization can be outlined as follows:

a) The concept of minorities within particular nations is being affected by these new patterns of communications

b) Improved and frequent interaction among nations among both the government and citizenry;

c) The increase in technology as well as improvement in the main communication systems operating in the developing and less developed world has increased the possibility that marginal

Structuralist theory: The Structuralist theory was developed as a result of the inability of modernization of the theory to adequately provide a development model that considered the disparities between developing countries and did no subsume all developing countries under one umbrella. The theory argues that in order for countries particularly developing countries to develop and limit the level of dependence on the west they must take active part in the development of their country. Poorer countries were admonished to limit their interactions with wealthier and more developed global countries. In order to allow for economic growth, less developed countries were advised to process their own raw materials into higher value goods that will be purchased by the local population and reduce reliance on developed countries products. This will then translate into an increase in a balance of trade and reduction of import costs (Viner,