Globalization: Economics and World

By reading Skidelskys article, he demonstrated a great explanation virtually the globalization and the future strategy for the orb. harmonise to this article, Skid sky analyzed the past financial recession influence to the military personnel and the current worlds major issues in the world. In the Skidelskys article, he provided main(prenominal) arguments about globalization development after the collapse in autumn 2008. Before he provided a solution for the recession, Skidesky illustrated the current align problems in the world with examples and scholars theories.According to analysis Keynes and related theories, pointing the main problems of globalization, he believed that the most likely fate for globalization is to cooperate and implement joint solutions, which will be a quantum leap in the world to solve multiple problems. According to Skidelskys statement, the cooperation is necessary, which only accrued among states with the same values. Under this statement, he stated that the cooperation would be a useful tool to reduce the conflicts between democracy and globalization, which stated that non-democracy is important for states.Skidelskys provided other two plectrons for the world, including creating a world sovereign and a project of Pax Americana. By comparing with among those three options, related a theory applies and real examples, Skidelsky demonstrated that the cooperative is the main option for the world to recovery from the global financial crisis. In order to ensure his argument more convinced, he also analyzed the current economic world situation with two scenarios, disintegration and global compact, which are only relying on specific countries or groups.Therefore, to solve the recession issue to the world, the cooperative becomes necessary, because the world cannot fell the recession. In the cooperation theory, only the vital state can become democratic. Within the whole nation, stronger states should follow the rules to assist the w eaker states to boost their economy. Skidelsky used the project for a league of democracies, George Soros to prove that cooperative between states is important. In the non-democratic version of cooperation, China and Russia are the major examples in the world.Furthermore, he demonstrated the game theory and treaties, which depended on the self-interest, which becomes the main element to development cooperative in the worldwide. From my opinion, I believed that the cooperative is the main issue to solve the recession issue in the world. With the development of globalization, a stronger farming should assist other country to boost on their economic development. There is no economic government in the world. All countries and states need to focus on their self-interest and use power of cooperative with other countries to recovery from the financial recession.The implement cooperative solution is to reform in the state by cooperating deep down the country and cooperating with other co untries in the world. By making joint efforts, the recession will be cut and the globalization will be powerful. Therefore, Skidelskys about cooperative argument is advancing and significant. There new solution will assist the world transfer from political economy to cooperation economy and the global financial recession will be reducing.