Globalization and International Relations Essay

Globalization and International Relations - Essay ExampleHowever, since sphericalization, the global economic environment has undergone tremendous changes. According to Devetak and Hughes (2008, p. 34), globalisation connects nations through a global network, and it assists a nation to get access to contrasted markets and customers. Since the nations got ranges of benefits from globalization, governments adopted a liberal approach towards international trade. As Slaughter & Swagel (1997) point out, the removal of trade barriers promote import and merchandise activities by which a government acquires strange investments (IMF). In outrank to take advantages of liberal international trade laws, a trope of corporate global giants spread their credit line across the globe this traffic pattern greatly promoted international relations. For instance, Starbucks Coffee Company transplanted its business operation from the United States to China. The improving unemployment rates in thir d world countries can also be clearly referred to the fruitful effect of the globalization. The global interconnectedness helped these nations to attract more and more investors to complete their capital accumulation process successfully. In addition, multinational companies started their product activities in developing and underdeveloped countries and this practice created ranges of employment opportunities in those countries. Globalization has also intensified the in-migration processes. Even though the ultimate cause of immigration is not globalization, this concept has considerably increased the number of immigrants (Migration and globalization). Before the 21st century, traveling from ones home country to a foreign destination was expensive and time consuming. In addition, inter-communication between countries was... This essay approves that the productive elements of globalization contributed to the development of a new technological era that restructured the living standard s and business concepts of the modern world. The increased application of technology in productive activities also augmented the volume of production. It was necessary to employ more and more workers in order to efficiently operate machineries and other technical systems. This situation also created wide ranges of job opportunities for skilled individuals. Similarly, even technologically underdeveloped nations got access to improved technologies as a result of globalization and this situation in turn improved international cooperation. The explosive growth of information technology (IT) is one of the major outcomes of globalization and industrial revolution. Globalization has also intensified the immigration processes. Even though the ultimate cause of immigration is not globalization, this concept has considerably increased the number of immigrants.This report makes a conclusion that globalization has greatly added value to international relations as this concept facilitates intern ational trade transactions. Increase in export and import trade encourages nations to function cooperatively. The globalization also amplified immigration by which nations could resolve their staffing shortage issues. Moreover, developments in IT sector have greatly restructured the ways nations say today.