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
- Introduction
- Drivers of the globalization process
- The expansion of International and Global Governance
- Evaluation of International and Global Governance
- Conclusion
Objectives and Key Themes
This essay aims to critically assess the main drivers of the globalization process. After identifying the main drivers, it focuses on one specific driver – the expansion of international and global governance – providing a detailed description and evaluation.
- Defining and Understanding Globalization
- Identifying Key Drivers of Globalization
- Exploring the Role of International and Global Governance
- Assessing Criticism of Global Governance and International Institutions
- Proposing Solutions for Improving Global Governance
Chapter Summaries
Introduction: This chapter defines globalization and identifies its key characteristics. It also introduces the main objective of the essay – to critically analyze the drivers of globalization.
Drivers of the globalization process: This chapter identifies several key drivers of globalization, including the changing economic paradigm, the spread of finance, the diffusion of information and communications technology, social and cultural convergence, and the extension of international and global governance. The chapter argues that the “neo-liberal, free-market ideology” was the primary condition for globalization's emergence, while finance and technology acted as catalysts. It concludes by identifying the extension of international and global governance as the most crucial driver for future developments.
The expansion of International and Global Governance: This chapter discusses the concept of global governance and its importance in addressing challenges arising from globalization. It explains the different dimensions of international governance and highlights key international institutions such as the UN, the World Bank, the IMF, and the WTO.
Keywords
The main keywords and focus topics of this text include globalization, international governance, global governance, international institutions, neo-liberalism, free markets, democratic legitimacy, transparency, accountability, and the WTO.
Frequently Asked Questions
What are the primary drivers of globalization?
Key drivers include neo-liberal economic paradigms, financial spread, information technology diffusion, cultural convergence, and international governance.
What is "Global Governance"?
It refers to the framework of rules and institutions (like the UN, WTO, and IMF) designed to manage global challenges that individual states cannot solve alone.
How did neo-liberalism influence globalization?
The essay argues that neo-liberal, free-market ideology provided the essential conditions for the emergence of modern globalization.
What are common criticisms of international institutions like the WTO?
Criticisms often focus on a lack of democratic legitimacy, transparency, and accountability in decision-making processes.
Why is international governance considered a crucial driver for the future?
Because global issues like climate change and economic stability require coordinated international responses beyond the power of single nation-states.
- Quote paper
- Ralph Strubbe (Author), 2012, The main drivers of the globalisation process, Munich, GRIN Verlag, https://www.grin.com/document/209585
