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Understanding contemporary globalization from a political economist perspective

International Journal of Development and Management Review

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Field Value
 
Title Understanding contemporary globalization from a political economist perspective
 
Creator Ezeanyika, SE
Oruebor, AA
Opurum, IO
 
Subject Globalization, political economy, international trade, supranational organizations
 
Description This paper presents an alternative interpretation of globalization, viewing it from a political economy perspective. Its central argument is that internationalization in the form of increased trade and foreign direct investment is the nature of capitalist accumulation process, thus, cannot be impeded. This accumulation process necessarily creates its own ideological
climate to facilitate acceptance of the doctrine and to justify the economic and social problems it creates. It concludes that there is a globalization tendency since increased internationalization inevitably weakens the role of nation states by transferring some of their functions to newly created supranational states
that are fostered by the dynamics of this internationalization process.
 
Publisher Directorate of General Studies, FUT, Owerri
 
Contributor —
 
Date 2011-06-08
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.ajol.info/index.php/ijdmr/article/view/66973
10.4314/ijdmr.v6i1.66973
 
Source International Journal of Development and Management Review; Vol 6, No 1 (2011)
 
Language eng
 
Relation http://www.ajol.info/index.php/ijdmr/article/view/66973/55091
 
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