Optimal Or Ideal Amount Of Globalization Essay

1296 Words Apr 14th, 2015 6 Pages
Optimal or Ideal Amount of Globalization
Globalization is one of the major concepts in the contemporary world that has emerged from the widespread interconnectedness. The idea of globalization originates from the widespread connection of widening, accelerating, and deepening of global interconnectedness in every aspect. Consequently, globalization is described as an increase in the degree of cross-border resource flows and economic interactions. These interactions and resource flows create qualitative changes in relationships between countries and national economies. In the past few decades, globalization has been characterized by foreign direct investment, merchandise resource flows, and cross-border monetary investments. However, there are different opinions and views regarding the optimal or ideal amount of globalization. This issue has been characterized by differences of opinions between the Critics and Hyperglobalizers. The determination of a personal decision on the issue requires consideration of various aspects like the risks and benefits of the free trade and capital flows, immigration, and global governance.
Overview of Globalization Globalization is a concept that has been widely used in politics, the media, and business in the past few decades. Generally, globalization is a concept or term that refers to the fact that people live in one world. Despite the emergence of this concept in the past few years, the process of globalization has been taking…

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