• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Is globalization a new phenomenon in world politics?

Extracts from this document...

Introduction

JOHN MURPHY 101INT Is globalization a new phenomenon in world politics? In my essay, I will analyse the statement of globalization being a new phenomenon and I will look at the ideas that would suggest this. It is however in my opinion that globalization is not a new phenomenon but a steamroller that has constantly picked up speed to become the issue it is today. I intend to look at the differences in the ideas of modern globalization to those of the sixteenth through to the nineteenth century using the ideas of great economists such as Andre Gunder Frank, David Ricardo, Kevin O'Rourke and Jeffrey Williamson as a basis of my argument. In a way, to say that globalization is a new phenomenon is to say that international trade is a new phenomenon too. This idea has been one of many classical economists including that of the British economist David Ricardo. In his arguments, mercantilism has often been compared to and seen as an early form of globalization going back as far as the sixteenth and seventeenth centuries, with mercantilism being an important part of economic and political structures. When Ricardo talked about mercantilism and the politics behind it, many similarities to globalization can be seen, questioning the idea of globalization just being a more recent world development. ...read more.

Middle

of origin; a basis of globalization has existed.5 Globalization has only become a recent issue as there has been a more dramatic spreading of networks altering the economics and cultures of countries, and has only recently become a 'buzz word'. There are many political and cultural exchanges too that suggest globalization is not merely a new phenomenon. An eighteenth century example of this was when America declared its independence breaking away from rule of the British government and monarchy, a revolution which inspired similar revolutions in Europe such as that of the French Revolution. Even cultures were beginning to spread through the arts, most particularly western influence and exchanges of culture to South America, Africa, parts of Europe and the Middle East. Many religious cultures where exchanged and spread too with many parts of Africa and Japan converting to Christianity. Although on its own this is clearly not enough to state that globalization existed, it is just yet another factor in saying that it did. However, even though it's been argued globalization was clearly under way by the eighteenth century, an alternative argument can be put forward. There is never any dispute over the fact that there was a large global trade network but there is no means that can imply a rise in global trade necessary involves globalization. ...read more.

Conclusion

This is because people where travelling the world as was goods and money, the lives of people where beginning to change, cultures and political ideas where too exchanged. Also, many forms of communication networks were being set up paving the way for even more trading and political exchanges, with Britain leading the way with the adoption of a free trade policy. Although globalization is arguably more dominant now than ever before with more influential factors, the basis of it has existed for over 200 years picking up speed and development with the occasional relapse along the way. In effect globalization now is felt more in the way more countries are affected by it and more MNC's have emerged, a factor that was not really seen for the most part of globalizations development. "Globalization has thus not been a sudden novelty. It goes back to the three last centuries, and went through different stages"8 1 K Waltz. Man, the State and War 2 K Waltz. Man, the State and War 3 (Andre Gunder Frank) Philippe Legrain Open World: The Truth About Globalization 4 Robert O.Keohane and Joseph S.Nye Jr. Globalization: What's New? What's Not?(And So What?) 5 Joseph S. Nye, Jr. Governance in a Globalizing World 6 (Kevin O'Rourke. Jeffrey Williamson) Phillipe Legrain Open World: The Truth About Globalization 7 John Baylis Globalization of World Politics 8 R. Robertson Globalization: Social Theory and Global Culture ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level UK, European & Global Economics section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related AS and A Level UK, European & Global Economics essays

  1. Marked by a teacher

    Is Increased globalization a good thing?

    5 star(s)

    Increasingly, policies are being formulated for developing countries through global institutions such as the IMF, the World Bank and the WTO. Often, their policies favour the agenda of the richer countries that dominate them. Since the policies are usually set in a one-size-fits-all manner, they hinder the ability of the

  2. Discuss Globalization.

    The Positive Impacts of Globalization So is the world a better place as a result of globalization? Well, this is a question that rouses much debate. Advocates of globalization point to the many improvements in the world, which they claim result from globalization.

  1. Robert Keohane and Joseph Nye have described international relations as exhibiting 'complex interdependence'. What ...

    This is a slightly contradictory statement in that by its very nature it is highly unlikely that a clear issue of complex interdependence will take place. The point being made is that complex interdependence theory endeavours to facilitate the exploration of all other options before force is used.

  2. By the mid nineteenth century, Britain had been the world's strongest economic power for ...

    that the lag in British industry's organisation and techniques was more than anything else a question of entrepreneurial responses. Arguably, the work of these three economic historians represented the peak in the hypothesis of entrepreneurial failure. However, from the late 1960s and early 1970s, this supposition of entrepreneurial failure has been attacked on several key issues.

  1. Where does the World Trade Organisation fit in the overall scheme of international public ...

    Trade liberalisation, in particular, allows people to exploit their productive potential, thereby contributing positively to poverty alleviation through growth.28 China is the emblematic example of the nexus between globalisation, growth and poverty reduction, with over 300 million people lifted out of absolute poverty since 1978.

  2. Discuss Globalization.

    In theory if the barriers to free trade are removed and the world moves towards becoming a global economy there should be many benefits. One of the first ways these would occur would be from the increased competition between firms.

  1. Will trading fairly reduce world poverty?

    The average tariff rates are less than 20% in most countries, although they are often quite a bit higher for agricultural commodities. In the most developed countries, average tariffs are less than 10%, and often less than 5%. On average, less developed countries maintain higher tariff barriers, but, for many

  2. Globalization is undoubtedly not a single phenomenon.

    According to some estimates, the industrialized countries, which make up 20 per cent of the GATT membership, will gain 70 per cent of the additional income arising from the implementation of the Uruguay Round of GATT (Globalize.org). Traditionally politics has been undertaken within national political systems.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work