Accession Number:

ADA422049

Title:

Globalization: The Welter of Nations, Grand Strategy

Descriptive Note:

Corporate Author:

INDUSTRIAL COLL OF THE ARMED FORCES WASHINGTON DC

Personal Author(s):

Report Date:

2003-01-01

Pagination or Media Count:

8.0

Abstract:

The world entered a new era with the fall of the Berlin Wall in 1989. The East-West polarity of the Cold War gave way to a paradigm of increased interdependence among nations and international economic integration. This trend, characterized as globalization, repeats a pattern that occurred from the late 1800s until disrupted by World War I. Great Britain dominated the first period of globalization. In relative terms, cross-border trade volumes and flows of capital of that period are comparable to those of the present. Because of information technology, however, the current globalization differs greatly in speed, depth and intensity. It transcends economics, effecting profound global cultural and political changes. This paper examines several dimensions of globalization. It outlines salient economic and technological characteristics. It discusses socio-cultural aspects and the function of nation-states in this new order. Finally, it examines the continued validity of globalization in the face of a radical fundamentalist backlash and the growing disparity between have and have-not nations.

Subject Categories:

  • Government and Political Science
  • Economics and Cost Analysis

Distribution Statement:

APPROVED FOR PUBLIC RELEASE