Name Course Professor Date Neoliberal Globalization and Illiberal Securitization Neoliberal globalization has been one of the major issues discussed in the United States. Actually neoliberal globalization has become the global regime controlling the economies of most countries including the United States. Of course neoliberal globalization is not the only kind of liberalization but this kind of liberalization has been seen to take root in global policies. Evidently there has been a protest against globalization; however the real reason for protest has not been globalization per se but neoliberal globalization. Neoliberal globalization has been termed to be a package that contains informatization securitization flexibilization and various changes in regionalization and reconfiguration of the countries and states; the factors that have led to neoliberal globalization (Pieterse 348). The neoliberal globalization has been termed to affect and influenced by informatization a process that entails application of the information technology to influence the creditors since they would be faced with the challenge of valuing the assets in relation to the debt that the insurance company owes them. Thus the capital structure during securitization is prone to facing challenges such as underpricing which would be risky to the creditors. In conclusion free trade which is promoted by neoliberal globalization is relieved to the government since it cuts down issues such as tariffs but economics views are as means of burdening the middle-class earners. Some of the forms that neoliberalism is burdening the people is through a reduced wage rate as well as an increase in the interest rates of borrowing. Consequently illiberal securitization has also been viewed as an extension of neoliberal globalization. Work Cited Gautney Heather. Prot; est and organization in the alternative globalization era: NGOs social movements and political parties. Palgrave Macmillan 2012. Pieterse Jan Nederveen. Globalization or empire?. Routledge 2004. [...]
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