THE LIMITS OF GLOBALIZATION

A detailed Summary of THE LIMITS OF GLOBALIZATION

THE LIMITS OF GLOBALIZATION Nowadays one of the most commonly used terms is globalization. But what does globalization mean? Does it mean dissappearing borders, a common trade unit, no tax in trade abroad, political awareness across the world, or, in extremes, even interfering with other countries' domestic affairs? In some ways globalization may be useful in creating a common sense of "world citizenship", but useful to what extent? What are the possibilities, advantages and risks of such "world citizenship"? Are the United Nations and the European Union, stepping stones to globalization? Disappearing borders, in the economic meaning of the term can most clearly be seen today in Europe. The European Union restricts taxes on trade between members. Taking a step further the EU have decided on a common currency, the "Euro" , which became available at the beginning of 1999. This currency may economically be more functional but what aboutnational pride? All trade units display a co!

untry's well known heros or great personalities of them that the citizens respect for. How are the citizens going to respond to this kind of change time will show but nobody can say European countries are not nationalistic. There is a strong evidence on th

e contrary. One example is world war II, which started in the middle of Europe- -considered then the most civilized part of the world- because of Germany's belief in its national superiority. This unfortunate development took place just half a century ago.These European nation-states may seem to be getting along well for the time being because of fairly smilar economic levels but what will happen if one country's economic level drops or gets much better than the rest? Would the better ones pull up the worst to keep up with them or would those countries-having the best economy- want to carry the rest on their shoulders? Besides its economic ups and downs globalization has a tremendous effect on cultural values. World has a cul!

a long time been best characterized as the USSR-USA century. Equally Asia has been struck by fundamental changes: from the imperial China to the communist China, the rise of the Tiger Economies, the Vietnam war, the Korean war, the independence of India, the Iran Iraq war, the Gulf war,... to name just a few." Since economy plays the most important role or is the main criteria in a country's prestige and power; economically strong states started to have more power on international affairs. Such strength of some countries have led them to interpret the term globalization as their right to interfere with weaker states' domestic affairs. The most recent event we could observe about this issue was the attack of the US to Iraq on Ramadan -the religiously important month of Muslims. The reason and aim of the bombing were explained by the US Foreign Affairs Minister, Ms. Albright, exactly as "We -as the US- will do what is needed for Iraqi people to get what they deserve as better l!

tural diversity in itself. Every nation every country has its own traditions values practices of cultural activities. These create a diversity which every part of the world can be pointed out by thei

Some common words found in the essay are:
European Union, World Citizenship, US- Iraqi, GLOBALIZATION Nowadays, Iran Iraq, Iraq Ramadan, Equally Asia, West Caring, Barcelona June, Rwanda Nuclear, world citizenship, cultural diversity, normative globalism, idea world citizenship, cultural erosion, cultural values, domestic affairs, globalization useful, economic affairs, rise fall, cultural practices,

Approximate Word count = 1289
Approximate Pages = 5 (250 words per page double spaced)

Category: Politics