Writing Resources
The concept of globalisation had been widely explored by academia especially by social scientists from the 1990s onwards after emerging within the financial and business publications in the 1980s Ampuja 2015 The phenomenon of neoliberalism is often used by many authors especially those who are critical about the intent and the exploitive outcome of neoliberalism to explore the nature of globalisation Harvey 2005 argues that from the 1970s onwards neoliberalism started to become the mainstream of political economic practices and states began to withdraw from social provision In addition Litonjua 2008 p 254 suggests that globalisation is promoted by the ideology of neoliberalism the goal is a wholly deregulated global market society They suggest that the process of globalisation requires a neoliberalism global market and globalisation is a product of neoliberalism It can be seen that neoliberalism plays an important role in creating the phenomenon of globalisation from their perspectives However some other authors suggest that instead of being a fundamental causation globalisation should be viewed as a separate phenomenon from neoliberalism Wikan 2015 This essay attempts to critically discuss the relationship between neoliberalism and globalisation with reference to a case study of neoliberalism in China's reform and a case study of foreign direct investment
