Interdependence Global Security
The best way to understand security and what it entails is to look at Buzan’s five sectors of security. Buzan points out that the main sectors are military, economic, societal, political, and environmental. So, security roughly means to be secure from threat or threats in those five sectors. These are two important definitions to recall while reading this essay.
One of the most commonly noted economic downfalls associated with interdependence is the race to the bottom. Commerce becomes the most important concern between states with the ever-expanding interdependence, and other issues, such as the environment, fall through the cracks. In the modern word, companies will seek to obtain the highest possibly profit, meaning they will locate in nations that provide a low corporate tax, do not have strong labour laws, or vigorous environmental regulations. This will maximize their profits. In response, nations will take action to attract companies and investment through the loosening of the policy stated above. If, nations are unable to cut the cost of production low enough in their country they will lose …show more content…
Inequality will be produced between states, but also within states among different classes. First, this paper will examine inequality within state borders. The Gini coefficient is a tool used to measure the income distribution within the country. A Gini coefficient of 0 means equal distribution of income, while a Gini coefficient of 1 is the most unequal distribution. When the income data is examined in quintiles, one will see inequality rising. The interesting factor being income inequality within states has mainly risen in middle and high income countries. This may be due to the fact that low income countries are “stuck at the bottom” as shown earlier. Now, many will argue that there are problems with this study that make it invalid to use as evidence. The study treats each country as one, rather than going off population and the study uses consumption based indexes that are often self-reported rather than income based indexes. These are the two biggest arguments that will be made against this study. It is essential that countries are not based on population size, due to the fact, that this is analyzing inequality within a nation. If one used population, that would be looking at the entire worlds trend on inequality and not national inequality levels. Secondly, this study uses consumption based indexes, because in many under-developed countries families still rely on self-employment and