Reaction paper for international studies lectures Essay

Reaction paper for international studies lectures - Essay Example The relationship between the economy and globalization is only based on positive impacts and change. While defining globalization, Norberg (2003) points out that globalization is a way in which nations can share the same platform of trade with minimized legal and corporate requirements. He regards this definition as the main reason behind the development of many nations from underdeveloped countries to developed and developing countries. Apart from economic growth, globalization has led to many other positive changes in the modern society. Norberg (2003) cites gender equality, improved education and a more efficient way of fighting global crimes such as terrorism as other significant changes impacted by globalization. In his arguments and theories, Held & McGraw (2007) argue that globalization creates a united globe that greatly depends on each other for excellence. Norberg (2003) creates well formulated defensive arguments in support of globalization. In his arguments, he acknowledges the most important positive changes globalization has impacted in the global front (Norberg, 2003). He cites significant reduction of poverty and hunger across the globe as one major importance of globalization (Norberg, 2003). With globalization, poverty and hunger are effectively addressed as global bodies and nations have steeped up the efforts to eradicate the two problems. Additionally, Norberg (2003) argues that globalization has increased the level and spread of democracy. Across the globe people have the freedom of speech and decision making regardless of the cultural or social affiliations. Kalder (2000) also points out that the increased gender equality can be attributed to the rising levels of globalization. Kalder (2003) also depicts globalization with positive perception. The most important argument in her literary piece is that globalization is the answer to wars experienced across the globe. She points out that