Globalization and Canadian Economics Analytical Essay by Master Researcher

Globalization and Canadian Economics
An overview of globalization and its effects on Canadian economic and social policies.
# 40786 | 2,275 words | 6 sources | MLA | 2002 | US
Published on Oct 15, 2003 in Canadian Studies (Economics and Finance) , Economics (Globalization)

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This paper looks at globalization and the demise of communism and the emergence of pro-capitalist imperatives and markets. The paper explores the impact of these global events on Canada and their effects on Canadian economic and social policies. The paper considers the disadvantages of the global economy for Canada, and discusses how Canada should lessen its dependence on the United States.

From the Paper:

"In 1989 the world witnessed the dismantling of the Communism State, an event that has had ongoing significance and impact on worldwide economics, politics and international relations. The end of communism has helped to advance the project of globalization, and the events that have taken place since1989 have moved Canada and other nations of the world closer towards becoming a global marketplace. The term globalization has become a much over used word, one that few us really understand. What does the concept of globalization mean, and how has it influenced Canadian economic and social polices? As a nation that is now part of the so-called global economy, are there any viable alternatives to globalization for Canadian policy makers to consider?
"For nearly two decades Canada like other industrialized nations has been in the grips of globalization and the accompanying idealization of corporate identity and power. Canada's emergence as a global player in the process of globalization has added to the instability of the Canadian economic landscape, increased the Canadian unemployment rate. It has also resulted in an increased Canadian dependence on United States economic policy and the dismantling of the Canadian social welfare system that has been constructed since World War II. (Watkins, 1992)"

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Globalization and Canadian Economics (2003, October 15) Retrieved February 02, 2023, from

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"Globalization and Canadian Economics" 15 October 2003. Web. 02 February. 2023. <>