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Paradox Of Africa

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Southern Africa in the Era of Globalisation
The paradoxes of Globalisation

According to Islam, S (2007) Globalisation can be defined as a practice that involves the trading of merchandise, services and/or capital on an international scale. This means that organizations and companies are operating not only within there country but cross national borders as well. Globalisation plays a huge influencing role on various economic systems, political institutions and daily social interactions across the globe. With globalisation being such significance influences on today’s world it is important to take note of the different paradoxes that comes with this ‘phenomenon’.

There are four main paradoxes that come with this global phenomenon of globalisation. …show more content…
Bida (2009) refers Deterritorialisation as the uprooting of culture through means of technological advances communication and media. For Tomlinson (1999) this meant the breaking or diluting of the cultural ties that community had to a certain place or territory. His believe was that globalisation is to be blamed for peoples weak sense of identity and culture. Jacquemet (2005) however believed that it is more important when came to deterritorialisation and globalisation to look at the interplay between the world and local people. That globalisation is not hindering cultural traditions but spreading them though the means of communication (such as cell phone and social media resembling facebook and twitter). In addition to this, mass media has played a huge part in destroying the idea of territorial boundaries. It’s for these reasons that we have become more connected with each other, which allows us to shape our own sense of identity and …show more content…
Globalisation and regionalisation are not completely new ideas. Sim, P (2008) makes the statement that globalisation and regionalisation are two completely different things. Globalisation encourages international trade across national borders all around the globe where regionalisation try’s to limit social, political and economic encounters to geographical regions. According to Sim, P (2008) a good example of both of these concepts is the EU. The European Union at its core is type of regionalization and promotes trade within its geographical area but yet the union still operates all around the world. In my opinion globalisation has lead to companies beginning to trading on global scale, which will lead more competition and growth due to the free market conditions. Where Regionalisation on the other hand will most like only lead to market failures such as monopolies and oligopolies, which will end up stagnating market system. In term of the environment both globalisation and regionalisation have similar positives and negatives. A negative being due to the increase in demand, factories have to produce more to keep up which means more green house gas which will only contribute more to globe warming. A positive is that because the world is more connected they can develop world wide plan to help combat problems such as globe warming and drug trafficking for

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