Three part typology of the theories of globalization developed by Held and Mc Grew include the following:

A. Hyper Globalist

B. Sceptic

C. Culturalist

D. Transformationalist

Choose the most appropriate answer from the options given below: 

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UGC NET Paper 2: Political Science 15th June 2023 Shift 1
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  1. A, B, C only 
  2. B, C, D only 
  3. A, B and D only 
  4. A, C and D only

Answer (Detailed Solution Below)

Option 3 : A, B and D only 
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UGC NET Paper 1: Held on 21st August 2024 Shift 1
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Detailed Solution

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The correct answer is A, B and D only 

Explanation:

Key Points

David Held and Anthony McGrew's three-part typology of theories of globalization reflects a way to understand and interpret the process and impact of globalization i.e., the growing interconnectedness of different parts of the world.

The Hyperglobalist perspective:

  • This view asserts that globalization is a real and powerful force bringing about a new era wherein national governments are no longer able to exert control over their own economies.
  • Proponents argue that global economic integration is leading to a significant decline in the power and sovereignty of nation-states, bringing about a more interconnected global society.

The Sceptic perspective:

  • Held and McGrew's second perspective, held by the sceptics, is more critical and downplays the extent and novelty of globalization.
  • They argue that regional economic processes and the power of individual states remain largely intact, and that the idea of globalization is more a myth or an ideological ploy than a reality.

The Transformationalist perspective:

  • The third perspective is that of the transformationalists. They posit that globalization is a significant force that is reordering our world, but not in the predictable manner described by the hyperglobalists.
  • They see the nation-state as being reshaped rather than becoming powerless, and global interconnectedness as reconfiguring rather than diminishing national power, leading to a reshaping of global politics and economics.

Hence, Culturalist is not part of the typology developed by Held and McGrew. 

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