Has the globalization of politics undermined democracy?

Running Head : Globalization of Politics

Has Globalization of Politics Undermined Democracy

[Name of Writer]

[Name of Institution]

Has Globalization of Politics Undermined Democracy

ABSTRACT

Globalization is a phenomenon which has accelerated in the last two decades . Globalization helps in lowering the trade barriers Globalization also increases the liquidity of capital . Globalization has reduced cultural barriers . Globalization has helped in the spread of democracy , especially to the developed nations . Globalization has many other disadvantages also . Globalization increases the flow of skilled and unskilled labour / employees from the developing nations

or the low waged nations to the developed countries . Due to globalization the corporate nation stats have more influence . Globalization has increased the integration of politics at a global level . The World economies are now changing into one global economy . Economic globalization is probably one of the most important after affects of globalization . This change is also due to globalization . The developing nations are benefiting from globalization , as capital is coming in to their countries . Globalization has affected the cultural identity of nations in the deepest sense . This means globalization has increased the awareness amongst people . Some believe that globalization undermines democracy . Developing nations are becoming developed and the economies of developed nations are falling With all these , does globalization really undermine democracy ? The democratic nations want the developing and the developed nations to adapt democracy . Globalization is certainly not favouring democracy Globalization has certainly shaken the foundations of democracy Globalization is destroying social , political and national accountability . Globalization has limited the economy . Globalization has also developed standards . Globalization increases the democratic consciousness among people

TABLE OF CONTENTS

TOC \o "1-3 " \h \z \u HYPERLINK \l "_Toc6 " ABSTRACT PAGEREF _Toc6 \h 2

HYPERLINK \l "_Toc7 " TABLE OF CONTENTS PAGEREF _Toc7 \h 3

HYPERLINK \l "_Toc8 " CHAPTER I PAGEREF _Toc8 \h 4 HYPERLINK \l "_Toc9 " INTRODUCTION PAGEREF _Toc9 \h 4

HYPERLINK \l "_Toc0 " 1 .1 Introduction PAGEREF _Toc0 \h 4

HYPERLINK \l "_Toc1 " 1 .2 Thesis statement and Methodology PAGEREF _Toc1 \h 5

HYPERLINK \l "_Toc2 " 1 .3 Historical Background PAGEREF _Toc2 \h 5

HYPERLINK \l "_Toc3 " 1 .4 Emergence of Globalization PAGEREF _Toc3 \h 8

HYPERLINK \l "_Toc4 " CHAPTER II PAGEREF _Toc4 \h 9 HYPERLINK \l "_Toc5 " GLOBALIZATION PAGEREF _Toc5 \h 9

HYPERLINK \l "_Toc6 " 2 .1 Globalization PAGEREF _Toc6 \h 9

HYPERLINK \l "_Toc7 " 2 .2 Advantages of Globalization PAGEREF _Toc7 \h 12

HYPERLINK \l "_Toc8 " 2 .3 Disadvantages of Globalization PAGEREF _Toc8 \h 14

HYPERLINK \l "_Toc9 " 2 .4 World politics and globalization PAGEREF _Toc9 \h 17

HYPERLINK \l "_Toc0 " CHAPTER III PAGEREF _Toc0 \h 19

HYPERLINK \l "_Toc1 " GLOBALIZATION AND POLITICS PAGEREF _Toc1 \h 19

HYPERLINK \l "_Toc2 " CHAPTER IV PAGEREF _Toc2 \h 23

HYPERLINK \l "_Toc3 " GLOBALIZATION AND ECONOMY PAGEREF _Toc3 \h 23

HYPERLINK \l "_Toc4 " 3 .1 The Global Economy PAGEREF _Toc4 \h 23

HYPERLINK \l "_Toc5 " 3 .2 Drivers of economic globalization PAGEREF _Toc5 \h 24

HYPERLINK \l "_Toc6 " 3 .3 The Global Economy at Different Levels PAGEREF _Toc6 \h 26

HYPERLINK \l "_Toc7 " 3 .4...