The Impact of Globalization

4 April 2015
This paper is a very detailed discussion on the controversial and complex process called globalization, including its major contemporary trends, the controversies surrounding it, its economic, political, technical, legal, organizational, ideological and cultural dimensions. The author submits that that subjective ideological patterns may be imposed upon Globalization issues.
“According to Modelski, the process of Globalization is a range of waves coming from frictions between different civilizations. In my view, Globalization phenomena imply a special reorganization of production, inter-dependence between macro economies, mobility, diffusion and transfer of factors of production. Many agree with Sachs, that development is often the cause of rather than the solution to our problems, some of which include the dissolving family ties, hostile environment, lack of reliability and predictability.”
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