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.