Globalisation has brought about fundamental change. Advancements in technology have made the global markets more accessible than ever before making trade and investing abroad much more efficient. It has become so easy to reach the global population that it would be detrimental for any entity not to expand its horizons; however, the question on whether or not an entity should go global raises conflict right from the start.
Trading, in general, makes it more likely for conflict between countries due to natural trade relations; however, globalisation mitigates these problems. Conflict is innately involved in trading and trying to maximize one's own position but globalisation has brought information and resources closer to the trader allowing for faster and more informed decision making. So although conflicts may arise, globalisation helps to extinguish the conflict faster.
NAFTA is a trilateral agreement between the U.S., Canada, and Mexico which allows for free trade within North America. Although there is a section in NAFTA that specifically deals with conflicts between member countries, in general, the agreement makes it easier to do trade or invest by globalising the continent. That's not to say conflict doesn't arise because it quite frequently does; it just happens less often because the ground rules are well established.
Globalisation and Sovereignty through Conflict
by Cory Contini
May 2010
Globalisation has brought about fundamental change. Advancements in technology have made the global markets more accessible than ever before making trade and investing abroad much more efficient. It has become so easy to reach the global population that it would be detrimental for any entity not to expand its horizons; however, the question on whether or not an entity should go global raises conflict right from the start.
Trading, in general, makes it more likely for conflict between countries due to natural trade relations; however, globalisation mitigates these problems. Conflict is innately involved in trading and trying to maximize one’s own position but globalisation has brought information and resources closer to the trader allowing for faster and more informed decision making. So although conflicts may arise, globalisation helps to extinguish the conflict faster.
NAFTA is a trilateral agreement between the U.S., Canada, and Mexico which allows for free trade within North America. Although there is a section in NAFTA that specifically deals with conflicts between member countries, in general, the agreement makes it easier to do trade or invest by globalising the continent. That’s not to say conflict doesn’t arise because it quite frequently does; it just happens less often because the ground rules are well established.
Currently, the basic conflict in globalisation is based on dependency. From this perspective, developing states need the first world for markets, investment, capital, and loans. This places the developing world at a constant disadvantage as it puts them in position to better serve the wealthy states more. Dependency and distortion in local developing economies are the result, and national independence is sacrificed for the sake of being globally connected.
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- Citation du texte
- Cory Contini (Auteur), 2009, Globalization and Sovereignty through Conflict, Munich, GRIN Verlag, https://www.grin.com/document/230473
