Give an account of the changing role of state in the light of Globalization.
Answers
Explanation:
The following is a summary of the influence of the shifting role of the state in developing countries as a result of globalisation:
1. Globalisation reduces state capacity, or governments' ability to do what they do.
2. The market takes precedence in determining economic and social priorities.
As the primary determinant in global interconnectedness, the nation-function state's in a global world is essentially regulatory. While the nation-domestic state's function remains largely unchanged, historically isolated governments are now required to engage with one another in order to determine international trade policy.
#SPJ2
Answer:
The term "globalisation" refers to the increasing interdependence of the world's economies, cultures, and populations as a result of cross-border trade in goods and services, technology, and flows of investment, people, and information.
Explanation:
Globalization reduces state capacity, or the ability of the government to perform what it does.
The changing role of state in the light of the Globalization.
- (a) Throughout the world, the old welfare state is losing way to a more minimalist state that provides some core duties, such as law enforcement and citizen security.
- (c) The entry and expanded participation of multinational corporations around the world reduces governments' ability to make decisions on their own.
- Globalization has also diminished governments' ability to make voluntary decisions on national and international policy. They have been forced to follow foreign bodies' policies and decisions.
- (e) The state's role in developing and enforcing tight import-export regulations has shifted. Because globalisation is founded on the rapid movement of people, things, and ideas. As a result, the barriers to permits, licences, and so on have been removed, as has the role of the state.
Find more about this here:
https://brainly.in/question/49159213
#SPJ3