Drivers of Globalization: Integration of Theories and Models

Essay from the year 2005 in the subject Economics - International Economic Relations, grade: 1,3, Georgia State University, language: English, abstract: 'Globalization is not something we can hold off or turn off . . . it is the economic equivalent of a force of nature -- like wind or water.' Bill Clinton (American 42nd US president (1993-2001)) The first part of this research paper will define the major drivers of globalization and then introduce some of the basic and advanced theories of international trade and business. With this foundations it will then try to integrate theories and drivers and compare them to the actual situation and discuss if they are appropriately describing what we are seeing today.