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Blog Assignment 3: Politiacal Globalization / KIM JUNG SEUNG / late added

Summary Political globalization refers to the amount of political co-operation that exists between different countries. This ties in with the belief that “umbrella” global organizations are better placed than individual states to prevent conflict. The League of Nations established after WW1 was certainly one of the pioneers in this. Since then, global organizations such as the World Trade Organization (WTO), United Nations (UN), and more regional organizations such as the EU have helped to increase the degree of political globalization. Interesting Almost all of the world is organized by a single type of unit : the nation-state. And also, state sovereignty a central part of global society and the sovereign state is the most desirable way to structure political life. Discussion Then how do the poor nations like the United States and China agree on political cooperation?

Blog assignment 4. What is the relation between economics and globalization / KIM JUNG SEUNG

Summary Globalization refers to the integration among societies and economies across the globe. The process of globalization ensures the integration individual national economies with the global economy. International economic relations play an important role in the growth of economies across the world. For economic relations between nations to be successful, a number of conditions need to be fulfilled. Unrestricted movement of goods and services, flow of capital, mobility of workforce, and reduction of regulatory obstacles need to be ensured for successful economic relations.  Globalization has played an important role in fostering economic relations among nations across the world. In the era of globalization, countries have realized that economic co-operation with other nations is strategically important for the growth of the economy. Interesting  Globalization ensures easier movement of goods and services across nations. This is an absolute necessity for fostering internati