Role Of Power In Globalization

Globalization and power

In this paper, we handle the role of power inside a globalized international system and we conclude that globalization has not changed main aspects of international relations, but has changed means and channels for the practice of power. In the end, we find that power remains the main independent variable which shape and change the modern international relations. Globalization is a display of new means through which power is practiced and distributed. But, the complexity of globalization needs a reevaluation of the meaning of power in international security

In the beginning we shall define power. Power is the ability to get someone to do something that they otherwise would not do. We can say that Power has been

We can say that globalization can give the chance to the strong countries to improve their powers; however, it also gives a chance for the weaker countries to challenge powerful ones. The asymmetrical power gives alternatives for small or weak states to challenge more powerful states.

On the other side, the technological dynamics of globalization such as the increase usage of mass destruction weapons makes the asymmetric powers more dangerous.

The actual battle field happens through television and other globalized means of communication. These means of channeling power gives audience a deceptive image which make the weak appear and feel strong, so , It can create a stimulus to correct or modify the imbalance of power through asymmetrical means

The last 50 years have seen trade expand faster than output by a significant margin, increasing the degree to which national economies rely on international trade in overall activity (WTO, 1998, Annual Report)8. The decline in transportation costs and technological innovation, in particular the Internet, have contributed to an increase in the volume of trade, financial flows and accelerated economic transactions by decreasing the time and methods of delivery and payment of goods and services. Developing countries received about a quarter of world FDI inflows in 1988-1998 on average, though the share fluctuated quite a bit from year to year (World Bank, 2000, World Development Indicators)9. Between 1980 and 1997, private capital flows to developing countries as a group soared to US $140 billion from US $12 billion. The main problem is that flows to developing countries have been so far concentrated among a relatively low number of countries. The report on financing for development prepared for the UN Secretary-General notes that, during the period 1993 to 1998, 20 countries accounted for over 70 per cent of all FDI inflows to all developing countries. It further notes that the majority of low-income countries have been largely bypassed by private finance from abroad – least developed countries as a group received 0.5 per cent of