S/P/290. Critically discuss the assertion that in a rapidly globalising era, the Nation-state and Nationalism have become anachronistic

The paper examines the economic, political and social factors changing the position of nations under globalisation. A review of academic literature is provided on multinational and transnational corporations (MNC and TNC) outlining the features of the global economy and National economies. The challenges facing National policies are considered: the threats of Westernisation and Cosmopolitantisation to National cultures are discussed.