IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v11y2019i19p5344-d271384.html
   My bibliography  Save this article

Multiple Dynamic Mechanisms of Globalization: Alternatives to Capitalism

Author

Listed:
  • Yu Huang

    (Faculty of Geographical Science, Beijing Normal University, Beijing 100875, China
    Department of Geography, University of California, Los Angeles, CA 90095, USA)

  • Yuejing Ge

    (Faculty of Geographical Science, Beijing Normal University, Beijing 100875, China
    School of Geographical Science, Qinghai Normal University, Xining 810008, China)

  • Wei Hu

    (Faculty of Geographical Science, Beijing Normal University, Beijing 100875, China)

Abstract

As one of the most striking topics in the contemporary world economy, the discussion on globalization seems to take capitalism as the main dynamic mechanism for its practice process, i.e., capital-driven globalization. Although many researchers have proposed other alternative solutions that are crucial to the development of globalization, relevant research is still very insufficient. Based on this point, this study aims to explore the driving forces, action mechanisms, manifestations, and influences of the contemporary globalization process in a more comprehensive way, particularly focusing on the dynamic mechanisms of globalization other than capitalism, and trying to explain the interaction between various dynamic mechanisms. Overall, this paper summarizes three major (but not all) dynamic mechanisms of the contemporary globalization: capital-driven, state-driven, and inter-state cooperation-driven. These three dynamic mechanisms act on different spaces in different ways, exert different influences, and have profound interactive relations on the process of globalization. By showing a more comprehensive picture of globalization, this study attempts to explain the existing alternatives to capital-driven globalization, and encourages a more in-depth discussion of anti-globalization and regional integration as alternative options for globalization from the perspective of internal operation mechanism.

Suggested Citation

  • Yu Huang & Yuejing Ge & Wei Hu, 2019. "Multiple Dynamic Mechanisms of Globalization: Alternatives to Capitalism," Sustainability, MDPI, vol. 11(19), pages 1-15, September.
    • Handle: RePEc:gam:jsusta:v:11:y:2019:i:19:p:5344-:d:271384
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/11/19/5344/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/11/19/5344/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Sheppard, Eric, 2016. "Limits to Globalization: The Disruptive Geographies of Capitalist Development," OUP Catalogue, Oxford University Press, number 9780199681167.
    2. Rupp, William H., 2014. "Globalization in Practice," OUP Catalogue, Oxford University Press, number 9780199212637 edited by Thrift, Nigel & Tickell, Adam & Woolgar, Steve.
    3. Kumar, Ronald Ravinesh, 2013. "Remittances and economic growth: A study of Guyana," Economic Systems, Elsevier, vol. 37(3), pages 462-472.
    4. Lim, Sokchea & Simmons, Walter O., 2015. "Do remittances promote economic growth in the Caribbean Community and Common Market?," Journal of Economics and Business, Elsevier, vol. 77(C), pages 42-59.
    5. Simon Feeny & Sasi Iamsiraroj & Mark McGillivray, 2014. "Remittances and Economic Growth: Larger Impacts in Smaller Countries?," Journal of Development Studies, Taylor & Francis Journals, vol. 50(8), pages 1055-1066, August.
    6. Jamie Peck & Jun Zhang, 2013. "A variety of capitalism … with Chinese characteristics?," Journal of Economic Geography, Oxford University Press, vol. 13(3), pages 357-396, May.
    7. Chung, Young-Iob, 2007. "South Korea in the Fast Lane: Economic Development and Capital Formation," OUP Catalogue, Oxford University Press, number 9780195325454.
    8. Harvey, David, 2007. "A Brief History of Neoliberalism," OUP Catalogue, Oxford University Press, number 9780199283279.
    9. Nee, Victor & Opper, Sonja, 2012. "Capitalism from Below: Markets and Institutional Change in China," Economics Books, Harvard University Press, number 9780674050204, Spring.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Kristina Matuzeviciute & Mindaugas Butkus, 2016. "Remittances, Development Level, and Long-Run Economic Growth," Economies, MDPI, vol. 4(4), pages 1-20, December.
    2. Mercy. T. Musakwa & N. M. Odhiambo, 2020. "Remittance Inflows and Poverty Dynamics in South Africa: An Empirical Investigation," SAGE Open, , vol. 10(4), pages 21582440209, December.
    3. Chantha Hor & Pheara Pheang, 2017. "Analysis Determinant Factors Effect on Migrant Workers' Remittances Flow to the CLMV Countries," International Journal of Economics and Financial Issues, Econjournals, vol. 7(2), pages 202-207.
    4. D. O. Olayungbo & Ahmod Quadri, 2019. "Remittances, financial development and economic growth in sub-Saharan African countries: evidence from a PMG-ARDL approach," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 5(1), pages 1-25, December.
    5. S. Nyasha & N.M. Odhiambo, 2022. "The impact of remittances on economic growth: empirical evidence from South Africa," International Journal of Trade and Global Markets, Inderscience Enterprises Ltd, vol. 15(2), pages 254-272.
    6. Henri Njangang & Edmond Noubissi & Hilaire Nkengfack, 2018. "Do remittances increase the size of the informal economy in Sub-saharan African countries?," Economics Bulletin, AccessEcon, vol. 38(4), pages 1997-2007.
    7. Ezzamel, Mahmoud & Xiao, Jason Zezhong, 2015. "The development of accounting regulations for foreign invested firms in China: The role of Chinese characteristics," Accounting, Organizations and Society, Elsevier, vol. 44(C), pages 60-84.
    8. Schmalz, Stefan & Gräf, Helena & Köncke, Philipp & Schneidemesser, Lea, 2022. "Umkämpfte Globalisierung: Amerikanische und europäische Reaktionen auf Chinas Aufstieg im Hochtechnologiebereich [Contested globalization: US and EU responses to China’s rise as a high-tech power]," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 32(3), pages 427-454.
    9. Hathroubi, Salem & Aloui, Chaker, 2016. "On interactions between remittance outflows and Saudi Arabian macroeconomy: New evidence from wavelets," Economic Modelling, Elsevier, vol. 59(C), pages 32-45.
    10. Taiwo, Kayode, 2020. "Do remittances spur economic growth in Africa?," MPRA Paper 111029, University Library of Munich, Germany, revised 2021.
    11. S. Nyasha & N.M. Odhiambo, 2021. "The Impact of Remittances on Economic Growth: Empirical Evidence from South Africa," Working Papers AESRI-2021-21, African Economic and Social Research Institute (AESRI), revised Jan 2021.
    12. Zhu, Jingqi & Spence, Crawford & Ezzamel, Mahmoud, 2021. "Thinking like the state: Doxa and symbolic power in the accounting field in China," Accounting, Organizations and Society, Elsevier, vol. 93(C).
    13. Lesly Cassin, 2018. "The effects of migration and pollution externality on cognitive skills in Caribbean economies: a Theoretical analysis," EconomiX Working Papers 2018-30, University of Paris Nanterre, EconomiX.
    14. Andersson, Fredrik N.G. & Edgerton, David L. & Opper, Sonja, 2013. "A Matter of Time: Revisiting Growth Convergence in China," World Development, Elsevier, vol. 45(C), pages 239-251.
    15. Howard Stein, 2012. "The Neoliberal Policy Paradigm and the Great Recession," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 59(4), pages 421-440, September.
    16. Njangang, Henri & Nembot Ndeffo, Luc & Noubissi Domguia, Edmond & Fosto Koyeu, Prevost, 2018. "The long-run and short-run effects of foreign direct investment, foreign aid and remittances on economic growth in African countries," MPRA Paper 89747, University Library of Munich, Germany.
    17. Jamie Redman, 2020. "The Benefit Sanction: A Correctional Device or a Weapon of Disgust?," Sociological Research Online, , vol. 25(1), pages 84-100, March.
    18. Jim Glassman, 2018. "Geopolitical economies of development and democratization in East Asia: Themes, concepts, and geographies," Environment and Planning A, , vol. 50(2), pages 407-415, March.
    19. Grzegorz W. Kolodko, 2009. "A Two-thirds Rate of Success: Polish Transformation and Economic Development, 1989-2008," WIDER Working Paper Series RP2009-14, World Institute for Development Economic Research (UNU-WIDER).
    20. Craig A. Depken & Maja Nikšić Radić & Hana Paleka, 2021. "Causality between Foreign Remittance and Economic Growth: Empirical Evidence from Croatia," Sustainability, MDPI, vol. 13(21), pages 1-13, November.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:11:y:2019:i:19:p:5344-:d:271384. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.