Abstract

RESTRUCTURING POLITICAL SCIENCE IN THE ERA OF GLOBALIZATION

Dr. K. Prabhu

Volume: 7 Issue: 2 2017

Abstract:

This research analyzes the potential effects of restructuring on labor and employment in Sub-Saharan African nations within the framework of globalization. It analyzes the phenomena of globalization and the potential impact of current economic restructuring projects in various African nations on employment and labor. The findings of the investigation suggest that for Sub-Saharan nations to attain enhanced labor market advantages from restructuring during globalization, they must engage in more profound economic reform. A global elite, including financiers, bureaucrats, and corporate executives, manages developing governments and their economies through globalization in the context of international political economy, according to this thesis. It claims that and that it has tended to work, like colonialism, against emerging nations and their economies. This essay highlights the impact of transnational corporations and corporatism on the economy in this environment. Globalization is the driving force behind the powerful Neoliberal dogma in the US since the 1980s. The landscape has witnessed a remarkable increase in the number of actors, with China's growing influence at the forefront, alongside a myriad of alliances and convergences among nation-states. This complexity further complicates the dynamics and implications of globalization as we move into the future.

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