Cold War and Globalization Term Paper

Pages: 5 (2263 words)  ·  Bibliography Sources: ≈ 5  ·  File: .docx  ·  Level: College Senior  ·  Topic: Drama - World

The terrible problems of Africa, for example, with AIDs running rampant and starvation (famine) and wars taking a huge tool, need to be taken into account when the globalization issues are being faced. An article in Foreign Policy (March-April 2004) points out that "bringing Africa into the fold [of globalization] has been one of the most daunting challenges of the globalization process."

In Africa, where there already is a level of poverty unseen in other parts of the world, economies were affected by "economic misfortunes worldwide in 2002," which offered "little relief for the region." In fact, "financial flows to Africa dried up, in tandem with declining global investment." And in contrast to a more rapid growth rate in other parts of the world, "Africa saw some technological connections retreat," the article continues.

Although the number of Internet users grew in Africa, "Internet hosts actually declined in a few key countries such as South Africa, where new security measures [online measures] and government regulations forced many small providers out of business."

Still, notwithstanding the retreat in online technologies, Africa "continues to be along the world's top recipients of government aid and worker remittances relative to economic size." International tourist arrivals in Africa grew at about 3% per year, which helps the economies of those struggling nations.

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The Foreign Policy article mentions that "results [of globalization] in previous years challenged the conventional wisdom" on such topics as "income equality, wages, environmental protection, corruption, and political freedom." How did those results show that? "...On par, the most global nations are also those with the strongest records of equality, the most robust protection for natural resources, the most inclusive political systems, and the lowest [rates of] corruption."

Term Paper on Cold War and Globalization the Assignment

Some of the fears of those who protest globalization at World Trade Organization meeting around the world have mentioned that workers wages are being cut, and social benefits are being slashed, by some nations heavily into globalization.

The Foreign Policy article rebuts those contentions. "There appears to be little proof that global nations have trimmed social benefits or slashed workers' wages in an effort to get ahead." Indeed, most global nations are those "where residents live the longest, healthiest lives," and alluding to the gender issue, which this paper is committed to addressing, the global nations are where "women enjoy the strongest social, educational, and economic progress," the article asserts.

Some countries have a lot of work to do though before they join the globalization nations' record of success; those nations are at the "bottom ten" of the survey conducted by Foreign Policy: Iran, India, Egypt, Indonesia, Venezuela, China, Bangladesh, Turkey, Kenya, and Brazil. Those nations, in fact, accounted for more than 50% of the world's population in 2002.

In fact, not one country from Africa, East Asia, Latin America, or the Middle East made the "top 20" of the Foreign Policy Globalization Index. A couple of the bottom ten nations - Bangladesh and Indonesia - are so politically instable and suffer from so much political corruption, that they discourage foreign investment, and also, tourism.

What the survey also found was that the non-economic drivers of "global integration," like telephone technology and travel, "remained remarkably resilient in 2002, while access to the Internet worldwide continued to surge."

The biggest threats to globalization in 2002 - heightened travel alerts resulting from 9/11 and other terrorist acts subsequent to 9/11, stringent new security measures at airports around the world, a major strike by dock workers "at the busiest port in the U.S.," a series of massive corporate scandals in places like Europe and the U.S., financial market fallout from Argentina's freefall - still did not stop globalization from growing in its influence.

The most powerful "accelerator" for the continuing march of globalization, as one might expect, was the World Wide Web. More than "130 new Interact users came online in 2002, bringing the total to more than 620 million." That represents only 9.9% of the total world population, but the growth rate brought it up from 8.1% the year before.

By at least one estimate, the World Wide Web now contains "a volume of information that is 17 times larger than the print collections of the U.S. Library of Congress," an amazing statistic, to say the least.


Bentley, Jerry H.; & Zeigler, Herbert F. (2000). Traditions & Encounters: A Global

Perspective on the Past. Boston: McGraw-Hill.

Foreign Policy (2004). Measuring globalization: economic reversals, forward… [END OF PREVIEW] . . . READ MORE

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How to Cite "Cold War and Globalization" Term Paper in a Bibliography:

APA Style

Cold War and Globalization.  (2004, July 16).  Retrieved January 24, 2021, from

MLA Format

"Cold War and Globalization."  16 July 2004.  Web.  24 January 2021. <>.

Chicago Style

"Cold War and Globalization."  July 16, 2004.  Accessed January 24, 2021.