Globalization: Poverty And Equality Essay

1876 words - 8 pages

GLOBALIZATION: A CAUSE OF TRANSFORMATION IN THE PATTERN OF GLOBAL POVERTY AND INEQUALITY?
INTRODUCTION
There is no topic in present international relations that attracts more noise than the concept of globalization. This is because of its deep controversial nature. Many scholars argue that advocates of globalization argue that it allows poor countries and their citizens to develop economically and raise their standards of living, while antagonists of it contend that the creation of an unregulated international free market has profited multinational corporations in the Western world at the expense of local enterprises, local cultures, and common people.
In the words of Dr. Nayef, globalization is not a single concept that can be defined and covered in a set time frame, nor is it a process that can be defined clearly with a beginning and an end. Additionally, it cannot be developed upon with confidence and be applicable to all people and in all situations. It involves economic incorporation; the transfer of policies across borders; the transmission of knowledge; cultural stability; the reproduction, relations, and discourses of power. It is a global process, a concept, a revolution, and an establishment of the global market free from sociopolitical controlled. Nayef argues that many authors have attempted, with comparative success, to define globalization in a variety of ways. Some scholars claim that it cannot be done; others claim that it would restrain the meaning to do so, and still others have challenged these two beliefs and have constructed a working definition.

Some scholars blame the inequities of the international community on globalization. They argue that poor countries are exploited by the wealthier nations. Contrariwise, others claim that globalization is the remedy for poverty

DEFINING GLOBALIZATION
In the words of Moghadam (1999), globalization is a multifaceted economic, political, cultural, and geographic process in which the flexibility of capital, organizations, ideas, discourses, and peoples has taken on an increasingly multinational shape. In her opinion, economic globalization relates to deeper incorporation and more prompt interaction of economies through production, trade, and financial transactions by banks and multinational corporations, with an increased role for the World Bank and the International Monetary Fund, as well as the World Trade Organization.

In her words, political globalization refers in part to an increasing tendency toward multilateralism, in which the United Nations plays a chief role, national non-governmental organizations act as overseers over governments, and international NGOs escalates their activities and influence. Cultural globalization refers to worldwide cultural regularization but also to postcolonial culture and cultural diversity. Moghadam argues that the various aspects of globalization have supported growing contacts between different cultures, leading partly to...

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