Critically assessing the main drivers of the globalization process is the general purpose of this essay. As a start it seems sensible to basically identify all main drivers. After a short justification of the choice of the one driver, this driver will be described and evaluated in detail. A concise summary will conclude this essay.
Table of Contents
1. Introduction
2. Drivers of the globalization process
3. The expansion of International and Global Governance
4. Evaluation of International and Global Governance
5. Conclusion
Objectives and Topics
This essay critically examines the primary drivers behind the globalization process, identifying international and global governance as the most significant factor. It investigates the necessity of these governance structures in addressing contemporary global challenges while evaluating the effectiveness and legitimacy of international institutions.
- Analysis of the main drivers of globalization according to current academic discourse.
- Examination of the interplay between national sovereignty and international regulation.
- Evaluation of the functionality, transparency, and democratic legitimacy of global institutions.
- Critique of the "governance gaps" affecting current international systems.
- Discussion of potential reforms to enhance the efficacy of global governance.
Excerpt from the Book
Evaluation of International and Global Governance
Basically there is a very controversial debate between proponents and opponents of globalization and global governance as its main driver and destination. The proponents, one the one hand, believe in neo-liberalism and think that more globalization, including free markets and as less regulation as possible is the appropriate way to face the earlier mentioned challenges. (Johnson and Turner 2010; Dicken 2011). For them “the world is flat” (Friedman cited in Dicken, 2011, p. 4) and the national states with its borders become irrelevant. On the other hand, depending on their determination, the opponents either see globalization as the issue and preferably would like to return to a national economy or at least want to give globalization and its excesses a regulatory framework (Griffin 2003; Johnson and Turner 2010; Dicken 2011).
Stiglitz, cited in Clarke and Dela Rama (2002, p. xvi), wondered why globalization “become so controversial”. He claimed that globalization brought many conveniences and much wealth to the world, except to the developing parts of the world. Also Scott and O´Sullivan (2002, p. 234) stress that the international institutions achieved remarkable improvements in the areas of “financial volatility”, “currency stability” and “trade disputes”. Although the creating of these institutions reflects some success on the way to global governance, much more is necessary to do (Griffin 2003; Valaskakis 2010).
Summary of Chapters
1. Introduction: This chapter defines the scope of the essay and introduces globalization as a multifaceted process driven by several key factors.
2. Drivers of the globalization process: This section identifies the core drivers of globalization and establishes global governance as the most critical factor for future international stability.
3. The expansion of International and Global Governance: This chapter explores the terminology and the role of various international institutions in managing common global challenges.
4. Evaluation of International and Global Governance: This part critically assesses the debate between proponents and opponents of global governance, focusing on legitimacy and institutional efficiency.
5. Conclusion: The final chapter synthesizes the main findings, emphasizing the need for more democratic and transparent international structures to address global issues.
Keywords
Globalization, Global Governance, International Institutions, Neo-liberalism, Sovereignty, Economic Integration, Democratic Legitimacy, Governance Gaps, World Trade Organization, Sustainable Development, Political Conjunctures, Transworld Governance, Global Challenges, Reform, Enforcement Mechanisms.
Frequently Asked Questions
What is the fundamental focus of this publication?
The work focuses on the globalization process, identifying its main drivers and evaluating the critical role of international and global governance in managing contemporary world challenges.
What are the central themes discussed in the text?
The central themes include the drivers of globalization, the function of international institutions, the debate between neo-liberalism and regulation, and the legitimacy of global governance structures.
What is the primary research goal?
The primary goal is to critically assess what constitutes the main driver of globalization and to determine how global governance can be improved to better serve the interests of all nations.
Which scientific methodology does the author employ?
The author utilizes a literature-based analytical approach, synthesizing existing academic arguments and institutional reports to evaluate the current state and effectiveness of global governance.
What is covered in the main section of the paper?
The main section covers the identification of globalization drivers, the terminology of global versus international governance, and a critique of existing international institutional frameworks.
Which keywords best characterize this work?
Key terms include Globalization, Global Governance, Sovereignty, Democratic Legitimacy, and International Institutions.
Why is the World Trade Organization specifically mentioned in the critique?
The WTO is highlighted due to its unique voting structure and the debate regarding its democratic legitimacy and reliance on NGOs.
How does the author view the concept of national sovereignty?
The author suggests that national sovereignty is being "diluted" in the modern era, proposing that countries may need to "pool" their sovereignty at a higher level to effectively manage global issues.
What solution does the text propose for the "governance gaps"?
The text suggests the establishment of a comprehensive, rule-based system complemented by enforcement mechanisms and enhanced democratic structures to ensure accountability and transparency.
- Quote paper
- Ralph Strubbe (Author), 2012, The main drivers of the globalisation process, Munich, GRIN Verlag, https://www.grin.com/document/209585
