Running head : GEO-ECONOMY , GLOBALIZATION , INTERNATIONALIZATIONNew Geo-Economy , orbiculateization , inter fieldisation[name][university /institution][instructor s name][course code /subject]New Geo-Economy , Globalization , Inter field of studyizationThrough the historic period , there has been a continuous and expanding connection mingled with countries throughout the field of operations of a function . A lot of changes atomic mo 18 pickings place especially in applied science , communication , toil line and frugalal system . In to understand the sue , we will soften to dwell on three terms geo-economy , globoseization and outside(a)isation . We will discuss how for apiece nonpareil may affect each other or how they atomic number 18 related(a ) Geo-economy is an economy where activities such as manufact uring took place crosswise space or stretched globally . It is include in the schooling of globalization within geographics which involves e moilation , politics and accessible processes . These processes in globalizing trans bod the orb economy into what might be called a ` innovative geo-economy (cited in Dicken , 2003 , pageboy 1 . The new geo-economy is a set of changes in the local anesthetic economic development . The first on is the space minify technologies in transportation and communication . Next are the changes in production of goods and services in terms of applied science and managerial aspects . last-place is the increase volume of slew , swell and firms touching across the globe (cited in Dicken , 1998Because of Globalization , the increasing watercourse of cross-b commerce in terms of m atomic number 53y , information , people and technology will not stop There is withal a classic situation that the replete gets rich peopleer while the queasy becomes poorer , as many others argue . G! lobal standards of living bombination off arisen since the industrialization started in the third-world countries but unfortunately fall in developed countries . The already wide gap amidst the rich and poor countries continues to expand wish the gap mingled with the rich and poor people in these countries (Smith 2007(b ) Globalization and world(prenominal)ization has been employ interchangeably . But in fact , they are two different involvements in many arrays . internationalisation is the increasing enormousness of international trade , relations , treaties , and alliances among nations which is the basic social unit . The aim of the state and importance of nation are exceedingly exclamatory hereInternationalization means that the national community embraced both national labor and capital which cooperated to produce national goods with the use of national essential resources at large . The produced goods then competed in the international markets against the g oods form the other nations (Daly , 1999On the other hand , globalization is the global economic integration of many national economies gathered into one global economy (Daly , 1999 Globalization is defined as the process of world s markets and businesses increasing connectivity and interdependence to other links This is characterized with the scientific advances in travel communication , and business internationally , of which telecommunications and profit are the most recent (WebFinance , IncIn globalization , the government is the one who makes decisions like reducing tariffs or end controls on capital movements . On the other hand , in internationalization , they get plausive action of governments , grant authority to an international eubstance , and adore its decisions (Wilson , 2000Sometimes globalization is also defined as internationalization where it is viewed as another adjective used to describe the blood of a nation to another nation across the world .
It is the stronger discrepancy of the inter-national economy wherein these economies are included into the system by international processes and transactions (cited in Hirst and Peters 1996 : 8 and 10New geo-economy is a get out of globalization and internationalization Globalization and internationalization , although have differences , had an most the alike(p) overview - the breaking of bs of countries and the expanding relationships between each nation . On whether these concepts are positive or negative - that s another subject to discussReferencesDaly , Herman E . Global form _or_ system of government assemblage (1999 . Globalization Versus Internationalization : Some Implica tions . Retrieved November 9 , 2007 from hypertext transfer protocol /www .globalpolicyorg /globaliz /econ /herman2 .htmHelmsing , A .H .J (2001 ) topical anaesthetic Economic education . Retrieved November 9 , 2007 , from hypertext transfer protocol /www .uncdf .org / face /local_development /documents_and_reports /the matic_s /capetown_5 .pdfInfed (October 23 , 2007 . Definitions of Globalization . Retrieved November 9 , 2007 , from http /www .infed .org /biblio /defining_globalization .htmLancaster University (November 2005 . What is possibility in geography and Globalisation Studies . Retrieved November 9 , 2007 , from geography .lancs .ac .uk /geography - globalisation studies .pdfSmith , liza . Investopedia ULC (May 11 , 2007 . The Globalization Debate . Retrieved November 10 , 2007 , from http /www .investopedia .com /articles /07 /globalization .aspWebFinance , Inc (2007 . Globalization . Retrieved November 9 , 2007 , from http /www .investorwords .com /2182 /getword .c giWilson , Graham K (August 2000 . Internationalizati! on , Globalization and Policy Making : The Case of US culture . Retrieved November 10 , 2007 from http /www .lafollette .wisc .edu /facultystaff /wilson /IPSA .pdfGeo-Economy , Globalization , Internationalization PAGE \ MERGEFORMAT 3 ...If you indispensability to get a full essay, order it on our website: OrderCustomPaper.com
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