Driving force of globalization: A multi- paradigmatic look

Kavous Ardalan

Research in International Business and Finance, 2017, vol. 41, issue C, 480-492

Abstract: Any explanation of the driving force of globalization is based on a worldview. The premise of this paper is that any worldview can be associated with one of the four broad paradigms: functionalist, interpretive, radical humanist, and radical structuralist. This paper takes the case of the driving force of globalization and discusses it from the four different viewpoints. It emphasizes that the four views expressed are equally scientific and informative; they look at the phenomenon from their certain paradigmatic viewpoint; and together they provide a more balanced understanding of the phenomenon under consideration. This approach is applicable to any phenomena, including financial phenomena.

Keywords: Driving force; Globalization; Academic finance; Multi-paradigms; Worldview; Paradigms; Philosophy (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:eee:riibaf:v:41:y:2017:i:c:p:480-492

DOI: 10.1016/j.ribaf.2017.05.005

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