Theories of Globalisation

3 THEORIES of globalisation include:

• 1). HYPERGLOBALISTS

• 2). GLOBALISATION SCEPTICS

• 3). TRANFORMALISTS

Hyperglobalists argue that:

• The state has become redundantm due to globalisation.
• They also believe that economic and cultural globalisation is inevitable due to:
  • Computerised financial trading
  • Satellite communications
  • Mobile phones
  • Internet.
• These have all become more available which has enabled globalisation.

The view that Globalisation Sceptics have on globalisation is:

• That they protray globalisation as a fantasy.
• They dismiss an integrated global economy.
• They believe that globalisation has not caused the state to become redundant (supporting state sovereignty), because:
  • They argue that the overwhelming bulk of economic activity still takes place within national boundaries; not across.

Transformationalists offer a different perspective globalisation:

• They accept changes in the patterns and processes of world politics.

• However, they also believe that the traditional features of global politics have not been removed altogether.