hyperglobalisers vs globalisation sceptics

• paragraph 1

  • Hyperglobalisers believe that globalisation drives an integrated global economy with the prospect of prosperity for all
  • There has been a shift towards free trade since 1945 and the emergence of the IMF,WTO and W.Bank with associated economic growth supports this view
• paragraph 2

  • Globalisation sceptics believe that we are seeing regionalism rather than globalisation and don’t believe that we are moving to global capitalism for the benefit of all
  • Whilst there has been a shift to regionalism, much of this is defensive and aimed at bringing prosperity to members only with the benefits of globalisation arguably enjoyed by the, so called, ‘Core’ rather than ‘Periphery’ states.
• political globalisation - states no longer autonomous in decision making as decisions made outside of state. Political non-state actors participating in decisions affecting nation-state.
• Hyperglobalisers love globalisation, positive process of economic globalisation.
• Sceptics cynical about globalisation, make point about resurgence of sovereignty.