Monday, December 23, 2019

Globalization In Cuba Essay - 1883 Words

Globalisation and the economy are two ideas that are interchangeable with one another. Viewed not as a single concept or process as it encompasses multiple components globalisation looks at economic integration; the transfer of policies across borders; the transmission of knowledge and cultural stability it is a global process (Al-Rodhan Stoudmann, 2006). The best representation of globalisation is the process in which businesses create international influence where they can then begin to operate on a global scale (Al-Rodhan Stoudmann, 2006). A country that succeeds in globalisation is one that will become an economic force in the world. Third world countries like Cuba have some of the worst economies in the world because of poor†¦show more content†¦In the case of Cuba and the United States globalisation refers to the increased economic integration between these two countries. Nonetheless, with little doubt among economists it can show that used effectively globalisation has produced significant gains at the global level. However, there is a threat that globalisation can intensify the gap between rich and poor between a country and across nations. Globalisations linked to politics as it is an integral part of a government process since the government can shape or limit the possibilities for private entrepreneurship (Dreher, Gaston Martens, 2010). Politics influences the globalisation of a country because of the international relations between countries. As a result, third world countries are seen as obsolete and constricted because they are considered ineffective by having too many transnational connections and not having the ability to grow and gain international connections (Haynes). Third world countries like Cuba who are economically weak will have a harder time being incorporated into the global world and therefore politically, the country will not excel as much as it could. A country’s affected economically by globalisation as the flow of goods and services and factors of production have both direct and indirect effects on a nation state (Dreher, Gaston Martens, 2010). Globalisation has theShow MoreRelatedThe Political Of Political Globalization938 Words   |  4 PagesGlobalization refers to the â€Å"process of interaction and integration among the people, companies, and government of different nations†. Globalization can be broken into three parts: economic, political, and cultural. This essay will be focusing in the political part of globalization. When it comes to the topic political globalization, we tend to think of countries coming together to discuss global issues that are affecting every single individual in this world. 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