Chapter Four Globalization and Regionalism



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Chapter Four GA
cultural values.


B. The Skeptics
Rejects the view of super globalist as a myth, flawed and politically nave
• Considers
globalization
as
internationalization
which is
dependent on the regulatory power of states
States
are
central actors and agents of globalization playing
central role in
shaping and regulating the economic activities
including the transboudnary flows
of ideas, goods and peoples
Undermine the view that the world is interconnected and
moving into a village.
Globalization is not more than regionalization that is being
manifested in the emergence of financial and trading blocs in Western countries, north America, in Asia and to some extent in Africa.
Argue that the
world has seen more interconnectedness at
regional level than at the global level
– There is no free flow of goods, resources, technology and
finance at the global level, instead there is just a regional based
globalization


Skeptics claim that
– The
Western region (Global North) is more integrated and
globalized than Africa and Asia (Global South).
• There does exist ab trade relation between the developing nations

and the Western markets (agricultural commodities
– this trade is not beneficial to the developing nations as the West sells technology and financial capital to the developing world where the developing world sells its relatively much cheaper agricultural commodities.
Doesn’t agree that globalization would help to
narrow the economic and technological gap

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