The private sector thus becomes the most important factor in the decision making process. Unfortunately, as bad as it sounds the fact that states are losing their powers in front of the private sector, globalization has proved to work, at least in the more developed countries. The weakness of a state is the price to pay for a prosper society. It is true that globalization weakens the state, but this

Thus, globalization may have several drivers, factors, and aspects that may pose challenges to a nations strength, power and sovereignty. There may be strong influences from private entities, TNCs and MNCs for the government of a nation-state to formulate policies beneficial to these groups. Then there are the international monetary agencies such as the World Bank and IMF whose policies also undermine governments. All these are strong influences to

Globalization's Effect on the United States' National Security Objective of this paper is to explore the impact of globalization on the United States national security. The study defines globalization as the increasing global relations of people, corporate organization and government. There is no doubt that the globalization provides numerous benefits to the American economy. Despite the benefits derived from the globalization, the advent of globalization also provides some threats to the United

These companies are getting bigger and bigger. Some companies have such huge assets all over the world that they are worth more than many small countries. If you compare the GDP of many countries, you can see that the GDP is even less than the earnings of those big companies (Disadvantages of globalization, 2012). The governments do not have the power to stop the multinational companies from closing a factory

For instance the World Trade Organization reports having "allowed First World countries to raise trade barriers protecting their companies, even as we have served as their forum for insisting that Third World countries lower their trade barriers more and more." (WTO, The truth is that if richer nations were to open their markets to the LDC countries for increase opportunities of export, generated would be approximately $700 billion in additional

Many manufacturing workers in developed countries are losing work to foreign manufacturers who will work for substantially less pay. As companies take advantage of the significant savings that result by shipping jobs overseas, manufacturing workers in developed countries are frequently forced to take jobs paying significantly less in their own country. One of the greatest impacts on the global economy is the world's growing thirst for crude oil. The engine