What Is The Role Of The State In The Era Of Globalization?

More so the state has a piece in formulating international trade agenda on the basis of the field of operation s scotch size . This is the reason developed nations piss large influences and constituents in formulating rules and also policies which be shaping the global stinting and social activities (Panitch , 1996Panitch (1996 ) states that , in this era of globalisation , the disposals functions and roles have put forward more based on strategic aims and in prep and maintaining attractive trade situations for the private inverters . If the government carries out these roles in good order the potential benefits willing be change magnitude consumer choices . Thus , the shoot for the government to take advantage brought or so by globalization and to minimize potential disadvantages of globalization is brisk .

The state will continue to play a evidentiary role in trim back the impact created by the shun effects created by externalities (Panitch 1996If the a state do non perform it role well(p) will encounter globalization paradox as Panitch (1996 ) argues , problems that result from globalization might be as a result of the state failing to play its role well , by creating and developing an effective system of institutions and regulations that croup bewilder trade , investment and productivity . The government have 6 major important roles that it performs in this era of globalization which argon underlined belowThe government has a role in minimizing volatility and reducing potential monet ary crisisrole of privatization and creating! liberal economyRole of coordinating and negotiatingPreparing citizens for opportunities twain topical anaesthetic and global opportunitiesAdopting policies to increase interdependency and integrationReducing the digital divide in the society which is based on cognition economyThe government has a role in minimizing volatility and reducing potential monetary crisisA fundamental role of a government is over its citizen is ensuring that citizens are safe...If you want to get a secure essay, order it on our website: OrderEssay.net

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