Will the Nation-State survive globalization article review
The article “Will the Nation-State survive globalization?” by Martin Wolf sparks the discussion about whether nations will endure the effect that globalization brings along. The argument of globalization, in this case, has two sides, there are those supporting it and those that oppose it. According to the article, today’s form of globalization distinct itself from the earlier one due to technological advancement. These advancements have brought about more straightforward and quick international communications. The rapid communication has, in turn, enhanced the global integration when it comes to access to services and goods.
The article then seems to refute the positive effects of globalization in the modern world, according to the article, despite the increased technological advancement, the level of trade and capital integration today cannot match that of the nineteenth century. Globalization was more pronounced and bore positive results at the period before the world war. Today’s globalization has been affected by the failing communication and transportation costs.
Further, the article states that effective communication and transport techniques aided globalization during the twentieth century more so after the introduction of the submarine cables. This advancement has eased the physical movement of goods and services. However, the author suggests that the current globalization policies have ailed it. The policies are more of the globalization determinants, even with the availability of technology.
Cross-national barriers due to cultural and legal differences are some of the key hindrances to globalization today. This reason makes it difficult for nations to integrate effectively to match the integration capacity in the United States. Further, the issue of taxes has also rendered a challenge to globalization as it discourages international trade and migration of citizens.