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Comparative and Foreign Law

Rachele M Hendricks-Sturrup

2015

Globalization

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Globalization And Foreign Policy In The Us, Rachele M. Hendricks Jan 2015

Globalization And Foreign Policy In The Us, Rachele M. Hendricks

Rachele M Hendricks-Sturrup

Globalization is a recent economic phenomenon that directly influences individuals’ freedom, opportunity and resources needed to freely move across the world to engage in and profit from transnational commerce. Several legal scholars and analysts have focused heavily on the costs and benefits of globalization. A number of its lauded benefits include decreased global poverty, increased political cooperation, cultural familiarity, war prevention, standard setting for human civil rights, and the extension of personal financial freedom across the world versus being concentrated mainly in developed nations. On the other side of the globalization coin however, a great deal of concerns have escalated …