The issue that one ought to be concerned with is: to what degree does globalization erode these two concepts? ... Hence, it would only be commonsensical if one asserted that globalization would automatically entail interconnectedness and interdependence of states. An augmented interdependence would mean an increased deliberation on detailing the ways in which national societies have become more interconnected. ... An example of this would be the plight of the former Soviet Union. ... There is no doubt that the world economy is moving towards a "post-state" era where the role of the autono...

• Word Count: 2079
• Approx Pages: 8
• Grade Level: Undergraduate

People frequently accompany trade and investment flows. y International trade and international investment are two main elements of the growing interdependence of the world's economics commonly referred to as globalization. ... For example, let us assume that there are two countries - A and B. ... In all years since 2001, for example, the share of growth in world merchandise trade held by East and South Asia has outpaced that of all other developing countries combined, and a similar proportion prevails in trade of services. ... Thirty-one out of 45 sub-Saharan African nations are LDCs (a...

• Word Count: 1844
• Approx Pages: 7
• Grade Level: Undergraduate

Japan's economy continued to expand rapidly from the mid-1950s through the 1960s, experiencing only two short recessions, in 1962 and 1965. ... For example: "in order to pursue wet paddy rice farming, the village communities of pre-industrial Japan had to be bound together, and family connections cemented this social and economic interdependence. ...

• Word Count: 2410
• Approx Pages: 10
• Has Bibliography
• Grade Level: Undergraduate

Nevertheless, both proponents and critics must agree on the two central post-development hypotheses that the traditional concept of "development" has tones of Euro-centrism and authoritarian and technocratic undertones. ... While he provide answers to these issues, Ziai also recognizes these criticisms have root in the two discourses within post-development itself. ... This would include recognizing what is already in place in the area, emphasizing relations rather than the logics of development, and building upon the economic interdependence of individuals and groups. ... Accord...

• Word Count: 3546
• Approx Pages: 14
• Grade Level: Graduate

The Soviet Union for example, which was well known for its socialism and centrally planned economy underwent radical reforms of society and market under Mikhail Gorbachev. ... Another remarkable characteristic of this decade was the growing influence of multinational corporations, which was highly influenced by the dynamic trends of globalization and interdependence. ... For example, it would be incorrect to label the Chinese economy as entirely communist because it is clear that it is opening up to the West. ... Two types of problems that could arise from the lack of organization are te...

• Word Count: 4711
• Approx Pages: 19
• Has Bibliography
• Grade Level: Undergraduate

Among the advanced economies, two patterns seem to emerge: the United States, Canada, and Japan are expected to grow at a gentle pace, while the prospects for the euro zone are more uncertain, especially as tight credit conditions continue to limit domestic demand. ... While all of these factors are likely to be important for competitiveness and growth, they are not mutually exclusive-two or more of them can be significant at the same time, and in fact that is what has been shown in the economic literature. ... For example, owners of land, corporate shares, or intellectual property are unwilli...

• Word Count: 4162
• Approx Pages: 17
• Has Bibliography
• Grade Level: Graduate