Following the changing of globalization to different forms during the 1980s and 1990s, there were several ways in which technology and economic developments began to blur the borders of nation-states. In this regard, globalization was characterized by changes and adjustments in the economic and political environments among various nation-states ( Negus, 2019). Besides, some considerable technology-related problems and challenges were faced within the borders of several nation-states. For instance, such challenges contributed to a situation where major vulnerabilities began to be exposed concerting the technology enterprise in the United States.
According to Cable (2015), the blurring of the borders of nation-states in the 1980s and 1990s was characterized by rapid and steady changes in their corporate and industrial frameworks and structures that were also accompanied by increased competition. Further, there were several instances of reduced barriers concerning communication and international commerce, which has increasingly been perceived as a potential threat to the sustainability of nation-states. To that extent, the world continued to experience the establishment of more advanced sea and air transportation ( Robb, 2016). Technology and economic developments also contributed to a greater level of expansion in various countries without the abolishment of the sovereignties. During this period, the concept of globalization was viewed as a force that brought about significant changes to how nation-states were dealing with each other, especially on the scene of international commerce.
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Technology and economic developments continued to blur the borders of nation-states by influencing a considerable and dramatic increase in the intensity of several services and manufacturing industries. Besides, such changes were accompanied by a revolution of the systems of production to the extent that both the technical and the human elements were redefined because of competitive standards as well as levels of managerial performance. The observations made by Lynn et al . (2018), indicate that certain nation-states were largely disadvantaged by the blurring of borders occasioned by technology and economic developments as elements of globalization. Particularly, the nation-states that were dealing with Europe and America were among those that experience significant disadvantages.
Other nation-states were forced to deal with situations that required them to re-examine their economic policies following the many opportunities and challenges that were presented by multinational corporations as well as international entities of commerce. To some extent, multinational corporations began to pose severe challenges to nation-states by confronting unique issues involved in direct foreign investments, thereby influencing into determining their role in the global economy. In this way, globalization influenced the creation of a more significant level of interdependence among several nations. The outcome of this influence entailed the creation of an imbalance of power between nations that has varying economic strengths ( Kumar, 2018).
The emergence of technologically and economically powerful nation-states like the United States, Russia, and Germany, among others, has been accompanied by a greater sense of entitlement and pride when it comes to the demonstration of national identity. Essentially, this kind of entitlement has played a significant role in increasing the extent of vulnerability of the less powerful governments, businesses, and individuals ( Agarin, 2017). Moreover, the blurring of the borders of nation-states is something that has also been propagated by regional consolidation of power. For instance, European nations managed to collaborate in building structures of unified states, thus developing within their borders. In this way, instances of cultural and social integration have increased over the last couple of decades, with nation-states being forced to experience expansions beyond their boundaries to extend their political and economic reach. That particular phenomenon has led to the creation of a gateway to various other parts of the world.
Ways in which these Development Businesses, Governments, and Individuals more Vulnerable
Even though many people considered the technology and economic developments occasioned by globalization as advantageous to the society, they made businesses, governments, and individuals more vulnerable in several ways (Lynn et al ., 2018). For instance, the rapid advancement and spread of technological aspects of the internet led to cultural alterations and changes in some countries. While these developments largely contributed to the realization of faster, easier, and more convenient ways of communication, several challenges emerged, such as fraud and cybercrime. It is noteworthy that some of the positive impacts associated with these developments included enhanced democracy, promotion of diversity, increased cultural awareness, and poverty alleviation.
However, businesses, governments, and individuals were made more vulnerable following the establishment and introduction of regulatory and restrictive policies, systems, and structures. While there have not been significant changes to the domestic role played by the nation-state, it is worth acknowledging that some governments, businesses, and individuals still feel isolated by the developments that have been able to accompany the concept of globalization. The idea of economic development through globalization has also led to increased levels of competition among businesses, thus creating economic imbalances (Cable, 2015). In that respect, the imbalances have been accompanied by interactions that have significantly contributed to the exaltation of roles for some states diminishing roles for others.
Technological and economic developments are unambiguously correlated with the concept of globalization. The trend of information growth that has been witnessed over the last couple of decades was amplified and through the rapid expansion of technology and particularly the internet. The idea of embracing technology, especially by developing nations, has been linked to the realization of profound outcomes from their economies (Negus, 2019). In this regard, these nations have managed to experience the establishment of quality standards in many sectors as well as reduced costs of production. However, part of the challenges that have the extent of vulnerability for such nations is the high cost of procuring and maintaining technology infrastructure and systems.
References
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