Global Interdependence Article Example | Topics and Well Written Essays - 1500 words

Global Interdependence - Article Example l idea of Simon’s article is the worldwide sense of exhaustion, particularly in the Islamic world, as a result of local conflicts, interference by the US and terrorism. The Israeli-Arab conflict, its fallout on the relations between Syria & Lebanon, the 9/11 disaster leading to the wars in Afghanistan and Iraq, the sanctions against Iran and the latest act of terrorism against Mumbai by suspected terrorists from Pakistan – all continuing disastrous events evading resolution, have been touched upon by Simon to point out that the world is exhausted and looking forward to a new messiah to bring these conflicts to an end. President-elect Mr. Barack Obama, according to Simon, carries this great ‘burden of expectation’ by the people across the globe. If trade or economic matters are the bye-words of globalization, the word Obamania is no less in a globally interdependent world. Mr. Obama assumes office as President on 20th January 2009, and the eagerly awaited change of course from the present administration’s policies. Without saying it in so many words, Krugman hints at the interdependency of the global economy and politics to suggest that expectations indeed run high on both counts at home and abroad. The end of the cold-war period signified by the fall of the former Soviet Union, gave rise to globalization as the solution to economic co-operation and growth. The USA promoted this approach aggressively and prompted most nations to fall in line. Indeed, many poor countries have been seeing the benefits of global marketing, by exporting cheap manufactured products into the rich markets of the western world. However, the success on the economic side has not been repeated in the political area. The decades old conflict between the Israelis and the Palestinians continued without abatement and if anything, worsened into an all out conflict between the Islamic and non-Islamic (mainly Christian, Jewish and Hindu) faiths. Exhausted by the expensive wars on one side