The term is most frequently used in reference to creating an integrated global economy marked by free trade, the free flow of capital and corporate use of foreign labor markets to maximize returns.
Some of the most thoughtful explorations of this problem have been undertaken by Andrew Linklater, e. Benefits and future of globalization Experts generally acknowledge globalization brings both benefits and risks, which must be managed. International tribunals also came into power in the 20thcentury, reflecting increased globalization.
Jones ed. Grewel, and C. From January to AugustG20 countries alone introduced more than discriminatory measures against foreign interests versus to liberalise trade. Globalization has ebbed and flowed throughout history, with periods of expansion, as well as retrenchment.
Inforging group solidarity in the world system normally entailed, above anything else, identifying a territorial homeland and emphasising the national distinctiveness that was associated with that country. The main problem in many western economies is the perception that globalisation has impoverished the middle classes whose jobs and income have been pushed downward by both migrants working for cheaper wages and multinationals offshoring many activities to lower cost countries.
Willkie, One World London, Cassell,