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Essay / Research Paper Abstract
This 10 page paper looks at the problem of globalization as it respects the continent of Africa. Solutions are explored. Bibliography lists 20 sources.
Page Count:
10 pages (~225 words per page)
File: RT13_SA344gl.rtf
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Unformatted sample text from the term paper:
say it is controversial. From complaints about NAFTA to problems in the African continent, it just seems to be the case that globalization has wreaked havoc on certain nations. Of
course, in the United States the complaint is not about the nation which is successful but about unfairness, rising unemployment in various sectors and also about what globalism has done
to third world countries. Africa, for example, continues to suffer with poor monetary growth, an AIDS epidemic that it cannot halt, and a variety of maladies that plague the region.
First, a look at globalization should shed some light on this important topic. According to the globalization thesis, the rise of stateless transnational corporations has made both the nation
and nation state powerless and rendered it obsolete (Rude, 1997). Because these companies have made the state largely unimportant, multinationals have created a certain coherency for the world economy (1997).
Perhaps an example of a "stateless" corporation is one that merges and acquires subsidiaries in a variety of locales. One cannot, after awhile, tell which country a business is really
associated with. Globalization is the wave of the future. And while globalization has rendered the corporation stateless, different regimes react differently to globalization. However, it also pays to look
at what is called the new regime as explored by Tabb (1999). To this author, it appears that capital has attempted to create an international regime with powers which are
unaccountable to elected governments (1999). Such a regime obeys the rule of the marketplace, something that is loosely defined by transnational capital and its bureaucratic allies (1999). This poses political
challenges for Africa as well as other continents. Still, the real question is how can nations sustain themselves in the long term? What sort of macro economic reforms need
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