Effects of Economic Globalization on the United States' Defense Industrial Base

2007 ◽  
Author(s):  
John M. Lazar
Keyword(s):  
United States ◽  
Economic Globalization ◽  
The United States ◽  
Industrial Base

Origins and consequences of economic globalization: moving beyond a flawed orthodoxy

2021 ◽  
pp. 135406612098342
Author(s):  
Syed Javed Maswood
Keyword(s):  
United States ◽  
Economic Globalization ◽  
The United States ◽  
Global Network ◽  
New Production ◽  
Supply Chain Networks ◽  
Geographically Dispersed ◽  
Production Processes ◽  
Technological Advances ◽  
Liberal Trade

Contemporary economic globalization is typically seen as a product of both trade and economic liberalization after the Second World War and of technological advances that have made it possible to overcome coordination and management of geographically dispersed production units. Trade liberalization and technological advances were certainly important variables, but I argue that it was neo-protectionist American policies of the early 1980s that provided the initial catalyst for globally networked production processes. American protectionism encouraged Japanese investment in the United States that allowed US car manufacturers to learn the essentials of network manufacturing as practiced by Japanese transplants in the United States. In the next stage of global network manufacturing, liberal trade played a much more pivotal role because the global supply chains could not obviously be maintained without liberal trade. In this paper, I also discuss the likelihood of a reversal and suggest that globalization is unlikely to reversed in a significant way. Liberal trade is essential to the integrity of global supply chain networks, but these new production processes have themselves created a firewall against future systemic protectionism.

‘Mingled in an almost inextricable confusion’: the panics of 1873 and the experience of globalization

2020 ◽  
Vol 15 (2) ◽  
pp. 291-309
Author(s):  
Hannah Catherine Davies
Keyword(s):  
United States ◽  
Financial Crises ◽  
Economic Globalization ◽  
The United States ◽  
Vantage Point ◽  
Financial Globalization

AbstractThis article analyses the transatlantic financial crises of 1873 from the vantage point of the three countries that were most affected by it, Austria, Germany, and the United States, focusing on the experience of economic globalization and disintegration for actors on both sides of the Atlantic. It compares the perception of financial commentators and financiers of the panics in 1873, when the experience of integration was asymmetrical, and more pronounced in Germany and Austria than in the United States. It further argues that this asymmetrical experience of contagion shaped the monetary debates of the 1870s in all three countries. Focusing on the interrelationship and coexistence of experiences of integration and isolation, the article maintains that, despite the panics’ near-synchronicity, financial globalization remained difficult to see.

scholarly journals Inequality in the context of economic globalization: the empirical sociological dimension

2020 ◽  
pp. 66-85
Author(s):  
Vitalina Butkaliuk
Keyword(s):  
United States ◽  
Public Goods ◽  
Democratic Party ◽  
Current System ◽  
Economic Globalization ◽  
The Elderly ◽  
The United States ◽  
Modern World ◽  
The People ◽  
The Masses

The article is devoted to the study of the state and dynamics of socio-economic inequality in the modern world in the context of economic globalization. Based on the analysis of foreign and domestic literature, as well as large statistical and sociological information, the author argues that the implementation of neoliberal reforms has become a key factor in increasing inequality both globally and within individual countries, regardless of their level of development. The author pays special attention to public opinion research in the US and Ukraine on social inequality, social justice and the distribution of public goods. By showing that in both the most developed capitalist country, the United States, and in the "transitional" post-Soviet Ukraine, the majority of the population critically evaluates existing systems of distribution of public goods and advocates the transition to more egalitarian models of social development. In the United States, the most critical to the system of distribution of public goods in the country are such groups as the youth, the poorest segment of the people, the sympathizers of the Democratic Party and the liberals. With regard to Ukrainians, was found the connection between assessing the fairness of the current system and age, education, region of residence, and the level of respondents' income. Most critically, it is estimated by the elderly, the respondents with the lowest levels of education, the residents of the South of country and the people with the lowest income. The rise of inequality and, as a consequence, the conflict and tensions in the world, the radicalization and aggravation of the political situation are the key features of the modern neoliberal order. The inability to increase wealth for the majority of the population amid growing wealth of the richest and increasing concentration of wealth may lead to increased discontent among the masses and cause many social upheavals. The inability to increase wealth for the majority of the population amid growing wealth of the richest and increasing concentration of wealth would lead to increased discontent among the masses and cause many social upheavals.

scholarly journals Private Boots on The Ground: Meretas Korelasi Kebangkitan Private Military Companies Dengan Globalisasi Ekonomi

2019 ◽  
Vol 8 (2) ◽  
pp. 224
Author(s):  
Frieska Haridha ◽  
Indra Kusumawardhana ◽  
Muhammad Firjatullah
Keyword(s):  
United States ◽  
Descriptive Analysis ◽  
Economic Globalization ◽  
The United States ◽  
The State ◽  
Terrorist Attacks ◽  
Private Military Companies ◽  
The World

This article targets an understanding related to the phenomenon of the rise of the Private Military Company which has strengthened its relations with the State in various conflicts in the world in the era of globalization - especially after the terrorist attacks on the United States in 2001. Using PMC understanding as an actor and the concept of globalization on economy, this paper provides a descriptive analysis of the correlation between the existence of PMC and the process of economic globalization that supports their existence in various conflicts in this world.

India Turns East

2017 ◽  
Author(s):  
Frédéric Grare
Keyword(s):  
United States ◽  
Economic Globalization ◽  
The United States ◽  
New Delhi ◽  
Comprehensive Strategy ◽  
The Us ◽  
Geographic Separation ◽  
Zero Sum ◽  
Strategic Autonomy ◽  
Do So

India Turns East tells the story of India’s long and difficult journey to reclaim its status in a rapidly changed environment increasingly shaped by the US-China rivalry and the uncertainties of US commitment to Asia’s security. The so-called Look East Policy initially aimed at reconnecting India with Asia’s economic globalization. As China becomes more assertive, Look East has rapidly evolved into a comprehensive strategy with political and military dimensions which, together with favourable circumstances, have gradually allowed for a closer relationship with the United States. But the book argues that despite this rapprochement, the congruence of Indian and US objectives regarding China is not absolute. The two countries share similar concerns, but differ about the role China should play in the emerging regional architecture. Moreover, though bilateral US policies are usually perceived positively in New Delhi, paradoxically, the multilateral dimension of the US Rebalance to Asia policy sometimes pushes New Delhi closer to Beijing’s positions than to Washington’s. The asymmetry of power between the United States and India and their geographic separation make the persistence of significant divergences inevitable. The challenge for India is to reinvent the concept of strategic autonomy — defined as a position allowing India to leverage US capacities while avoiding being drawn into a zero-sum game between the US and China — but it will ultimately be able to do so only if it does make itself more attractive. Economic reforms are a key to India relationships with both the US and China.

Peaceful Change: The Post–Cold War Evolution

2020 ◽  
Author(s):  
Jeffrey W. Taliaferro
Keyword(s):  
United States ◽  
Cold War ◽  
Economic Globalization ◽  
The United States ◽  
Unintended Consequences ◽  
Global Leadership ◽  
Post Cold War ◽  
Independent Variables ◽  
Different Types ◽  
Cold War Era

This chapter traces the evolution of thinking about peaceful change at the systemic (or global) and regional levels during the post–Cold War era. Unipolarity, US liberal hegemony, and the acceleration of economic globalization were just some of the independent variables that scholars argued might facilitate such peaceful change. Each has yielded unintended consequences, including, but not limited to, the overreach of the United States during the Iraq and Afghanistan wars and its subsequent retreat from global leadership, the emergence of China as a peer competitor, Russia’s efforts to undermine the United States and its allies through hybrid interference, and the uneven impact of globalization on the security strategies of different types of states across several regions. In sum, the effects on peaceful change at the systemic and regional levels are decidedly mixed.

Restarting Globalization after World War II

2004 ◽  
Vol 37 (2) ◽  
pp. 127-151 ◽  
Author(s):  
Shale Horowitz
Keyword(s):  
United States ◽  
World War Ii ◽  
Cold War ◽  
Federal Republic ◽  
Economic Globalization ◽  
The United States ◽  
Institutional Factors ◽  
Federal Republic Of Germany ◽  
World War ◽  
Side Payments

The present period of economic globalization originated following World War II. Given the strongly protectionist tendencies prevailing at the time, how did this happen? Structural economic and military causes, along with intervening coalitional and institutional factors, are considered. Trade policy change is examined in the five largest trading economies—Britain, France, the Federal Republic of Germany, Japan, and the United States. Structural economic causes best explain why protectionist tendencies were so strong, and why they were weakest in the United States and the Federal Republic. The liberalizing trend inaugurated in the United States and the Federal Republic was also facilitated by coalitional side payments to agriculture. Cold War–related military interests appear to have been the strongest impetus behind the unilateral form of the liberalization.

scholarly journals Prelude to America’s Downfall: The Stagflation of the 1970s

2021 ◽  
Vol 21 (2) ◽  
pp. 243-251
Author(s):  
Vassilis K. Fouskas
Keyword(s):  
United States ◽  
United States Of America ◽  
Free Market ◽  
The United States ◽  
Capitalist System ◽  
Industrial Base ◽  
Global Power ◽  
Uneven And Combined Development ◽  
Free Market Capitalism ◽  
Market Capitalism

Since the end of the Bretton Woods system and the stagflation of the 1970s, the transatlantic core, under the leadership of the United States of America, has been trying to expand its model of free market capitalism embracing every part of the globe, while addressing its domestic overaccumulation crisis. This article follows a historical methodological perspective and draws from the concept of Uneven and Combined Development (UCD), which helps us consider the structural reasons behind the long and protracted decline of the American economic power. In this respect, according to the UCD concept, there is no global power that can enjoy the privilege for being at the top of the global capitalist system forever in a world which develops unevenly and in a combined way. Power shifts across the world and new powers come to challenge the current hegemonic power and its alliance systems. The novelty of the article is that it locates this decline in the 1970s and considers it as being consubstantial with the state economic policy of neo-liberalism and financialisation (supply-side economics). However the financialised capitalism of the transatlantic assemblage lack industrial base producing, reproducing and recycling real commodity values. Further, the article shows that this attempt to remain at the top of the global capitalist system forever has not been successful, not least because the regime which the recovery of the core had rested upon, that of neo-liberal financialisation represents a major vulnerability of the transatlantic assemblage eroding the primacy of the United States of America in it.

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