GLOBALISATION  VERSUS  GLOCALISATION Cover Image

Globalizácia verzus glokalizácia
GLOBALISATION VERSUS GLOCALISATION

Author(s): Ladislav Lysák
Subject(s): Economy
Published by: SAV - Slovenská akadémia vied - Ekonomický ústav SAV a Prognostický ústav SAV

Summary/Abstract: Globalisation had brought lots of riches, but it had also resulted in many poor countries and people still awaiting promised changes. It had been criticised mostly for capital flows that caused the Asian and another financial crisis, the closure of firms and job losses. The debate is not about globalization, the debate is about the division of the enormous benefits that globalization can give and how fair is that division. Globalisation has gone with a dual phenomenon – strengthening of regionalism in all of the world.The aim of this piece is to concentrate an intention on the subject of regionalism in relation to globalisation = glocalisation. The regionalisation process is now spreading across the whole planet. The European Economic Area brings (yet) together 380 million consumers, North America through NAFTA with its 360 million consumers, Japan among ASEAN consist a free-trade area of 320 million consumers. However intensification of regionalism brings many new questions, among them are political, social and cultural: Isn’t the new regionalism a recomposition of the global system into homogeneous and highly competitive blocs? What would happen to the African continent and the other casualties except of triad of globalisation? Is it accept-able that the strategic oligopolies should themselves enter the regional dimension? How does regionalisation impact on current WTO rules? Are the rich countries of the triad (Europe, the USA and Japan) capable of setting coherent trading balances among them-selves? The second series of questions: What political model is to be adopted given the new regional situation, and what should be the attitudes of political parties sharing the same convictions? Western right-wing parties are now unified by a conformist economic liberalism offering the world just one project: economic liberalism. Is there any alterna-tive on the political (organisational) and cultural levels? Will social protection covering working conditions, safety at work, health and material welfare of workers be blocked at national level, or will it find its way into regionalisation? How will cultural identity be treated? Regionalism is effected between countries with very different cultural traditions How do you manage these particularities at a time when globalisation is imposing a single language for finance, science and communication?

  • Issue Year: 51/2003
  • Issue No: 08
  • Page Range: 931-946
  • Page Count: 16
  • Language: Slovak
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