How The Meaning Of Democracy And Globalization Differs In Deferent Essay Example for Free

How The Meaning Of Democracy And Globalization Differs In Deferent Essay Globalization is making international trade more easy and accessible. Business operations cut across transnational borders in contemporary times, more than before. Furthermore, there are increasing numbers of players in the international trade and deal transactions than ever before. The neo-liberalists views in international trade has always supported a globalize and open market order in which every countries is expected to open up its market and imbibe the culture of free trade, free economy entry and exit of labor and the opening of the state economy to the international market for active competition. The adoption of open markets have resulted in the political responses in terms of change in the political structure, that is hitherto exhibited and the way government intervene in her country’s economy. This change has resulted in the adoption of the neo-liberal stand. Even, the communist states are now gradually opening up to the trade zone to international transactions. â€Å"Globalization can be briefly defined as, the intensification of economic, political, social, and cultural relations across borders† (Holm Sorensen, 1995:4). According to Yeung (2002), from an economic perspective the term globalization is defined as â€Å"the rapid proliferation of cross-border production, trade, and investment activities spearheaded by global corporations and international financial institutions that facilitate the emergence of an increasingly integrated and interdependent global economy†. Thus, globalization is a transformation of the world order to become accustomed to the changes of time and the pattern of the world order. Democracy is seen as a system of government where the government is accountable to the people, and sovereignty of the state lies with the people. Cultural differences in terms of the practices and way of living of people makes them adapt to different conceptualization and practice of philosophy associated with democracy and globalization. DIVERSITY IN CONCEPTUALIZING DEMOCRACY AND GLOBALIZATION IN DIFFERENT COUNTRIES Williams (1983) try to capture in his book the differences between in articulated experience and the general conclusion reached in regards to democracy and globalization. This according to him has lead to the covert disappointments in the failure to formulate that tension abstractly. People’s experience in actual life sometime differs from the principles underlying democratic practices and the gains and pains attributed to globalization in the 21st century. Williams work preoccupies with the connections between human ideology and societal culture. The cultural difference between countries and political and economic settings tend to present different realities pertaining to democracy and globalization. For instance, in underdeveloped African countries democracy in the real sense which has to do with government by the people and where full public accountability is emphasized is a far cry from the realities. African leaders are corrupt and tend to infringe on people’s human rights. There is poor public accountability, amidst high level of corruption. The interpretation giving to democracy in the advanced western world respects the rights of the people and public accountability is emphasized. Sovereignty should lie with the people according to democratic principle, but in African countries that practice democratic rule, the leaders see themselves as custodian of sovereignty, as it is observed in a monarchical rule. The African culture embraces a fatalistic perspective to life, while the western culture tends to strive for change. This fatalistic lifestyle as made globalization not too beneficial to underdeveloped African countries, as they rely on primary goods production, which are grossly under priced in the international trade level. Williams thus, recognized the importance of taking individual and social circumstances into consideration as this bring about the differences in interpretation to vital issues of life, like democracy, human arts, industry, class and culture. The role of developing countries in globalizing the world is one in which they play significant role. Most raw materials utilized in both advanced economy and in processing into finish, products are sourced from developing countries from Africa, Asian, and Latin America. At the aftermath of the Uruguay Round Agreements (URA) the role of developing countries in global economy has increased significantly. Furthermore, the role of the World Trade Organization (WTO) is harnessing trade negotiations within developing countries. According to Michalopoulos (1999), â€Å"The integration of the developing countries into the multilateral trading system has been especially impressive for a group of perhaps 15-20 middle and higher income developing countries in Latin America and Asia†¦Ã¢â‚¬  The increasing significant of developing countries in speeding up the global development ascribes on them certain responsibilities that is expected for them to play. This comes in way of putting in place a smooth export trade zone for its raw materials and free movement of labor in and out their national boundaries. Some developing countries in assuming this responsibility has formed export agency among them to enable the smooth export trade in raw materials. â€Å"†¦exports have risen b y more than 10 per annum in volume since 1970†¦ the developed countries combined gross domestic product (GDP); at the beginning of the 1990s†¦accounted for 1. 8 per cent of GDP, whereas the figure in 1999 was 3. 2 per cent† (Akyuz, et al 2001). Developing countries has developed policies in their exports, which is characterized by imposition of control and taxes on export of primary products and foodstuffs, and also they tend to provide incentives and subsidies to their exports manufacturers (Michalopoulos 1999). Thus, the need to create a trade free zone and easy passage of primary products to international zone where they would be converted into finished product is one responsibility developing countries need to carry out. Furthermore, the developing countries play the significant role in the supply of labor, in the production process, given their large population. Developing countries have large labor markets, thus the supply of this to the global labor market goes a long way in contributing to global development. Thus improving of labor skills in developing countries is a way the usefulness of labor in this part of the world would contribute significantly in area of global development. In this view, Akyuz, et al (2001), has it that â€Å"improvement in labor market conditions will also require a reorientation of development policies at the national and global levels, particularly with respect to the speed and pattern of integration of developing countries into the global economy†. The role third world countries play in globalization is directly connected to how their cultural background and interpretation to the phenomenon is connected to their occupation and way of life. For instance, countries in Africa, it has 70 percent of its workforce in peasant farming. Thus, the continent economy is agrarian and thus, its involvement in globalization is in the production of primary product. On the other hand, advance western countries like U. S. and EU states, including advance Asian countries like Japan, China, produce finish products like automobiles, electronics etc. While the western world would conceive globalization as an expanded place for trading, with the less barrier to trade, the underdeveloped countries something conceive this as a continue exploitation of the westerners and the dependency on their products. CONCLUSION Democracy has in contemporary times being widely acknowledged globally in the political realm and in work place. Workers participation are urging for more participation as a way to embrace democracy. In addition, this globalization phenomenon has made organized capitalism to transit from corporate capitalism to monopoly capitalism not it is in its customer capitalism. However, democracy is different interpreted by countries in line with their cultural setting. While the advance political states seeks for more respect for human rights and public accountability, the underdeveloped state in their nascent democracy are trying to fight huge level of corruption and leadership oppression as it is being notice in Zimbabwe where Mugabe is hindering any move of oppositions. In addition, the conceptualization of globalization by different countries depends on the receiving end they find themselves in the international trade. While those countries primarily engaged in the production of primary products such as raw materials cry for unfavorable term of trade, the advanced economic countries see globalization as a pattern for encouraging free trade and maximizing economic wealth. REFERENCES Akyuz, Yilmaz, et al (2001), â€Å"Globalization, Inequality and the Labour Market† http://www. flassbeck. de/pdf/GLOBALIZ. PDF. (02/12/07)Michalopoulos, Constantine (1999), â€Å"Trade Policy market Access Issues for Developing Countries: Implications for the Millennium Round† http://wbln0018. worldbank. org/research/workpapers. nsf/bd04ac9da150d30385256815005076ce/a70066326b8be18c85256818005b9fb6/$FILE/wps2214. pdf. (2/12/07) Williams, Raymond (1983) Culture And Society: 1780-1950, Columbia University Press. Yeung, Henry W. (2002), â€Å"The Limits to Globalization Theory: A Geographic Perspective on Global Economic Change† Economic Geography, Volume 78, Number 3, July http://www. europe. canterbury. ac. nz/courses/euro223/yeong. pdf. (02/12/07)