Tuesday, May 5, 2020
Government International Relations Developed World
Question: Discuss about the Government International Relations for Developed World? Answer: Introduction Numerous and varying benefits have been drawn from the onset of globalization. It has included Economic, Political, Technological and Social Cultural fronts. Indeed, it has been a gradual process that has occurred over the years, bringing all societies of the world, including the developed, developing and under-developed to a shared pool. Ideally, the aspect of globalization has enhanced its roots and may be here to stay. Additionally, its diverse merits may be realized across the globe by all through their day-to-day undertakings. Globalization Beck (2000) outlined globalization as the continued interdependence, connectivity, and incorporation into a universal realm concerning economic, political, and social as well as, technological insights. Globalization embeds the integration of nations and societies in enhancing practices such as trade, education, financial systems and governance with the aim of reducing organizational and cultural differences. Positive Effects of Globalization Peaceful Coexistence As a result of the trade relations adopted by nations, both developed and developing economies have been boosted; an aspect that has helped significantly in curing past and unpleasant encounters. The International trade has fostered an avenue where nations nurture capital and reinforce their stand in the international scene (Burande, 2014). Trade Liberalization The Free Trade policy allows for open trade transactions between developed and developing countries. It does happen when levies, subsidies, quotas taxes are either reduced or eliminated when dealing with imports and exports (Beck, 2000 and Burande, 2014). It has a comparative advantage to consumers who purchase products at relatively low prices. Universal Connectivity The world has significantly developed into a smaller space. According to Martin, Metzger and Pierre (2006), this is owing to the increased use of the internet. Societies have interlinked their mindsets through the interchange of ideas, thoughts and perceptions (Martin, Metzger Pierre, 2006) narrowing the previous connectedness gap that existed between the two levels of economies. Markets and Opportunities Significantly, growth has been realized through the expansion of opportunities for new and advanced markets. It is evidenced by the increased trend of markets advancing towards creating overseas, international and regional linkages with an aim of increasing their consumer bases (Beck, 2000). Resultantly, this has had the collaborative aspect of the creation of employment platforms leading to the absorption of both skilled and unskilled labor for both the developed and developing economies. Unity and Equity of Diversity The world being termed as a global village has become a realistic aspect. Notably, this had particularly occurred when globalization has helped in resolving barriers that had over a long time clustered the world into differing and rigid segments. Such interventions have been seen in the judicial, parliamentary and governance entailing international agreements, treaties, conventions, patents and copyrights (Lechner, 2009). Conclusion Globalization has not only significantly helped in improving the lives of the citizenry in the developed world but also; it has fostered international peace, development, trade and justice for the developing economies. It is thus, a frequent assertion that knowingly or unknowingly both the developed and developing societies are under the positive impact of globalization. References Beck, U. (2000). What is globalization? (1st Ed.). Cambridge, UK: Polity Press. Burande, A. (2014). Advantages of Globalization. Buzzle. Retrieved 8 May 2014, from https://www.buzzle.com/articles/advantages-of-globalization.html Lechner, F. (2009). Globalization (1st Ed.). Chichester, U.K.: Wiley-Blackwell. Martin, D., Metzger, J., Pierre, P. (2006). The Sociology of Globalization Theoretical and Methodological Reflections. International Sociology, 21(4), 499--521.
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