Globalization - Threat or Opportunity

Paper Summary:

This paper examines how globalization is one of the most hotly debated issues in world politics and how some view globalization as a system or age, while others regard it as a revolution or the neo-imperialistic process of the 21th century. It looks at how globalization can be defined as the process of denationalization, integration, and growing interdependence of markets, economies and societies, which affects the environment, political systems, and cultures.

Outline
Introduction
Economic Impacts of Globalization
Globalization and National Sovereignty
Globalization "The End of Cultural Diversity"
Conclusion

From the Paper:

"Information technology is one of the main drivers of globalization. The important role technology plays in the globalization process is often disregarded or at least underestimated. The degree of technological innovation determines whether a country reaps the benefits of globalization or not. Studies have shown that developing countries still lag behind industrialized countries as far as technological development is concerned. According to a recent UN report only one person in 200 in Southeast Asia has Internet access. In Arab countries only one person in 500 has access to the Internet. In African countries, the ratio is even worse. Information technology, which was originally designed to connect the world, has produced a "digital divide" that has exacerbated the gap between the rich and the poor. The low degree of technological innovation in developing countries certainly deprives people in developing countries from participating in the globalization process. The question is, however, whether information technology will at the same time be the only key to catching with industrialized countries."

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