Question

In: Economics

do tou agree wjth the argument that globalization constrains the autonomh and capacity of the state?...

do tou agree wjth the argument that globalization constrains the autonomh and capacity of the state? why or why not?
must be 600 words and not word for word from google

Solutions

Expert Solution

Ans: yes I agree with the argument that globalisation constrained autonomy and capacity of the state and it is because of the following reasons.

  • Globalisation is a concept where the presence of the organisation is around all over the world. Globalisation increases the quality of the production because of the existence of international competition in the market.
  • Globalisation restricts the presence of the state because all the activities for passing through the central bank therefore it is important that all the corporate sectors are in favour of globalisation.
  • Globalisation reduces the risk of the monotony of a particular sector in the economy because it provides an open platform to all the corporate houses to believe and to take the risk for the announcement of the activities.
  • It is important to break the autonomy of the state because the state's involvement in any of the policy created a lot of confusion and lots of restriction on the production of the commodities in the state.
  • Globalisation is a good concept which ultimately increases the lots of facilities to the public by providing International standard goods.
  • Globalisation provides an open platform to all the business houses to increase productivity by providing a quality product at a reasonable price because this is the biggest challenge in front of the corporate houses.
  • Globalisation working on the principle of the increase of market share in the country.
  • The concept of globalisation is very clear: the spread of production units all over the world and there are no restrictions on the increase of the units.
  • Globalisation is also known as multinational companies because the head office is operating only in one country but the branches are existing all over the world.
  • Globalisation provides the limit where the involvement of state authorities for the state is not possible because the only financial authority in the country is the Central Bank.
  • The benefits of the globalisation are very large therefore the state is not going to take any negative initiative which is harmful to the development of the MNCs in the country, as it helps in the reduction of poverty and to enhance the employment opportunities in the domestic territory.
  • Globalisation is work on the basis of demand and supply forces in the market so if any country enhances the demand of new products on an international basis then the concept of globalisation is perfectly fit in that type of country.
  • The concept of globalisation is helpful and self-monitor concept shows the involvement of straight is not at all required because the state is involved directly and indirectly in the system just only in the case of a thread which is not possible to cover at a short-run level.

Sometimes the interference of the state is very important because of the following reasons.

  • The monitoring of the state is very important so that it is the Assurance of the quality product in the market.
  • The presence of the state will ensure less fraud in the economy.
  • In the legal proceedings in the business houses, the involvement of the state is important.
  • The involvement of the state is also very important because there are two faces in the economy that won the Global competition And the other thing is the protection of the domestic industries. It is very important to make a balance in both situations. Nowadays all countries are under the contract of free trade and there is no limit to the sale and purchase of the commodities.
  • The involvement of the state is also very important so that the monitoring of the financial channel and distribution can be possible smoothly.

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