Thursday, May 14, 2020

Globalization A Journey Through Globalisation Essay

To what extent is our understanding of economic globalisation challenged or expanded by analysing the lived experience of global processes. Introduction Globalisation refers to finance, migration and trade (Huwart and Verdier 2013). Economic globalisation is a strand of globalisation that is controversial, especially in the recent global economic situation. It is difficult to define globalisation because different disciplines use differing measures to study globalisation, for example ‘economic interdependence, technological change, cultural homogenisation or the growing importance of global institutions’ (Feyter 2007: 3) are all factors used by authors investigating global processes. In the general sense, economic globalisation is ‘as ancient as commercial trade’ and it ‘resulted from a combination of dynamic merchants seeking new markets outside their own borders’ (Huwart and Verdier 2013: 18). Understanding of economic globalisation can be challenged or expanded by analysing the lived experience of global processes, for instance, Caroline Knowles in her book ‘Flip-Flop: A Journey Through Globalisation’s Backroads’ demonstrates economic globalisation in terms of the mass production of flip-flops. Knowles’ book follows the journey taken in the manufacturing and marketing of flip-flops through the landscapes, lives and trips of those along the flip-flop trail (Knowles 2014). The people in ‘Flip-Flop: A Journey Through Globalisation’s Backroads’ are evidence of the livedShow MoreRelatedGlobalization Is Not A Myth? Essay2166 Words   |  9 PagesGlobalisation as a concept is both convoluted and criticised. Arguments regarding globalisation are not only limited to the issue of definition, but whether or not globalisation is in fact a myth (Scholte 2000). 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