Implications Of Globalization

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1. Globalization represents the reality that we live in a time when the walls of sovereignty are no protection against the movements of capital, labor, information and ideas—nor can they provide effective protection against harm and damage. This declaration by Judge Rosalyn Higgins rightly points out the implications of globalization: the creation of a world without borders. Globalization has been described as the increasing and intensified flows between countries of goods, services, capital, ideas, information and people, which produce cross border integration of a number of economic, social and cultural activities. It is a complex concept regarded as moving to a
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Advances in Technology Laptop computers, mobile devices like phones and tablets, powerful Internet search engines like Google and YouTube and surveillance devices are some of the trends in this era of globalisation that make life better. Technology has contributed to the intensification of global connectivity, in this latest wave of globalization. The flow of people, ideas, services, products, capital and goods across borders have been accelerated due to advances in transportation, information and communication technology. Developments in railways, shipping and air transport have facilitated travel as well as the transportation of goods across borders, reducing the cost of transportation in certain cases. Aircrafts have similarly enhanced mobility across borders.The Internet, in particular, has assumed a pivotal function in facilitating globalization through the creation of the World Wide Web that connects billions of individuals, civil society and governments. The result of all these technological innovations is the integration of local, national and regional societies, economies and cultures across the globe. There is no end to technological advances, neither can the intensity of the next wave of globalisation be fathomed. What is clear is the fact that the process of globalisation depends on the advances in transport, information and communication technology. Development in technology should therefore be encouraged, in the schools and training institutions for…show more content…
Political Globalisation Political globalization refers to the "intensification and expansion of political interrelations across the globe.” Characterized by a proliferation of non-state actors and the institutionalization of international political structures, global politics leads to a decline in the power of the state to direct and influence their economies and to determine their political structures. There is a kind of global governance in global politics, and the most dominant of the non-state actors is the United Nations (UN). At the regional levels, actors like the African Union and the European Union also exist. The impact of these organizations is to create a process of institution-building, where the organizations are able to determine and dictate what happens in the governance of member states. Globalisation, therefore promotes global governance. It strengthens the role of non-state actors whilst reducing the sphere of influence of state actors, thereby subjugating state

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