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Write 14 pages with APA style on Is Globalization Presently Being Governed To the extent that it is, how is it been done.
Write 14 pages with APA style on Is Globalization Presently Being Governed To the extent that it is, how is it been done. It is argued, that although pluralism is not a conventional method of understanding governance, it is a new and effective method for responding to the exigencies of the multi-layered nature of globalization. This research study is therefore divided into two parts. The first part of this paper defines globalization as a means of presenting the multi-layered nature of globalization. The second part of this paper describes and analyses the global legal pluralism in terms of the governing of globalization. Globalization: Definition and Concepts Globalization is typically attributed to changes occurring in the international political and economic arena in the second half of the 20th century.5 The domestic economies have become progressively integrated via trans-national trade, finance and investment activities. Advances in technology have also eliminated a number of obstacles related to time, space and distance which in turn have accelerated and facilitated market integration of domestic economies. With the collapse of the Soviet Union and the end of the Cold War, the world stage has been dominated by a single “political ideology”, namely. capitalism.