In depth analysis about article Essay Example | Topics and Well Written Essays - 500 words

In depth analysis about article - Essay ExampleBut at the equivalent time, authors view on internationalization is also pertinent because it helps the nations to maintain their autonomy vis-a-vis their fiscal policies and economic welfare and equitable scattering of wealth for the wider welfare of their people. The article emphasizes that globalisation promotes economic integration across the globe through free trade and liberalization. It has resulted in diminishing national boundaries and brought in influx of foreign trade, both in term of goods and human capital. Daly believes that it undermines the national interests of the individual nations. But it nevertheless greatly facilitates the development process in the development and under developed countries which need to be exposed to the opportunities for improving their standard of living. The developing world has indeed gained through globalization Daly also asserts that internationalization would be more relevant because it helps to maintain national identity but promotes international relation through trade, treaties, alliances and protocols etc. The author has unconsciously supported the process of globalization in his emphasis for internationalization When trade and business alliances are encouraged across nations, inter-dependency of economic units become vital ingredients of the developing relationship.