ABSTRACT

The United States (US) must craft national security policies that incorporate awareness of potential threats that could endanger its economic and financial relationships and functions. The current trends in globalization demonstrate a rapid acceleration of integrated economies. Advances in communication and transportation technology, combined with free-market ideology, have given goods, services, and capital unprecedented mobility. The vast majority of countries want to open world markets to their goods and take advantage of abundant, cheap labor in other parts of the world. The modernizing of nations has the potential to offset traditional power balances among regions where the US has global interests. The Middle East represents a special case with regard to globalization. The dangers of US dependency on international petroleum suppliers, including those of the Middle East, are concerning. Globalization has had an overall positive effect on the world and the America economies.