Thursday, November 21, 2019

A Brief History of Globalization Essay Example | Topics and Well Written Essays - 3000 words

A Brief History of Globalization - Essay Example This research will begin with the definition of globalization as a process (or set of processes) which embodies a transformation in the spatial organization of social relations and transactions, expressed in transcontinental or interregional flows and networks of activity, interaction, and power. Globalisation is perhaps the most overused and least understood word, and one can easily see that the meaning and scope of the word has transformed and evolved dramatically over the past few years. The controversy associated with it proves how complicated scholars on both sides have made it. Under this backdrop, here is someone with a rational approach who seeks to clarify the concepts. Alex MacGillivray’s views are wry and balanced, replete with historic anecdotes and high-quality analysis of each aspect and implication of globalization. He litters his writing with speckles of benign humor when referring to the steady growth in the number of countries over the last few decades accord ing to membership of the UN, recognition by FIFA or entries in the CIA’s World Fact Book. His observations are woven logically into the fabric of first-rate primary data analysis. For instance, a new data set showing that much of the reputed growth of an international trade over the past two decades arise from regional (intra trading block), rather than a truly international movement of goods and services. This idea contrasts what organizations like WTO and World Bank acclaim as the benefits of globalization.

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