Globalization Name: Tutor: Course: Institution: Date: Table of Contents Introduction 1 Arguments Supporting Globalization 2 Arguments against Globalization 3 Conclusion 4 References 5 Globalization Introduction Globalization refers to the process of integrating the regional societies, economics and cultures through a global network of ideas related to politics, transportation, communication and trade (Bauman, 2000)…
Therefore, the paper will focus on developing an argument, which is supporting globalization and against it, through identifying both advantages and disadvantages. Arguments Supporting Globalization One of the benefits related to globalization is the reduction of the cultural barriers in order to increase the effects of the global village, hence enhancing the development and different nations across the world (Held & McGrew, 2000; Crafts, 2004). Therefore, through breaking the cultural barriers, numerous nations are able to adapt to the global market and behave in a similar way with the rest of the world (Gilpin, 2000). In this case, globalization facilitates enlargement of the global market, since many nations are able to join the market at their ease. Moreover, it also creates consistency in brand image, via a process of choosing to market products or commercial operations in the global market (Germaine, 2000). The other merit of globalization relates to the new means of transport and techniques of communication that facilitates participation of customers in immediate information level of globalization (Held, McGrew, Goldblatt & Perraton, 1999). In fact, this stage of globalization is also contributing to people’s participation in international trade form anywhere in the world, hence leading to a direct influence on the world economy, which is higher than the beginning of the century (Perraton, 2001; Mussa, 2000). Moreover, the level of political and economic globalization is associated with the process of denationalization of the market, politics and legal system, thus allowing the understanding of core sense of globalization, which relates to economics (Woods, 2000; Baylis & Steve, 1997). The other advantage of globalization relates to improvement in the political status of various countries, due to the creation of opportunities for governments to compare the leadership skills with those of the other nations, or imitate the unique skills (Went, 2000). It also facilitates delocalization of businesses and activities, thus enabling the improvement of the performance. On the other hand, globalization contributes to spread of technology form one nation to the other leading to enhancement in activities of the less developed countries (Hirst & Thompson, 1999). Therefore, globalization enables nations to compare the activities and positive moves in their competitors, in areas related to adverse technological skills with an aim of improving their performance (Lechner & Boli, 2000). Arguments against Globalization Globalization has been associated with negative effects in the development of nations across the world, whereby the economic crisis affecting a country like America affects other countries (Mohammadi, 2000; Clark, 1997; Scott, 1997). This is due to changes in the process in the world since it becomes a large market; hence, a disruption on the economic status of one country, especially the most influential ones as America affects the other countries that have connections in their economic activities (Rupert, 2000; Jones, 1995). On the other hand, globalization has also contributed to an increased flow of skilled and non-skilled labor for the developed nations such as America, since the corporate in these nations seek out for cheap labor, thus causing a rise in the level of unemployment (Scheve & Slaughter, 2001). Globalization also ...
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(Globalization Research Paper Example | Topics and Well Written Essays - 750 Words)
“Globalization Research Paper Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.net/other/12453-globalization.
Globalization leads to drastic changes in social conditions of millions of world’s residents, expressing itself both in constant shifts in global production and the disruption of ‘usual’ cultural conventions. That is why it is necessary to analyze the problem of globalization, so that the overcoming of its drawbacks may be possible.
Today’s information advances and the globalized economy have deeply and permanently reshaped the economic, educational, political, and social setting of the world. The once limited, slow, and conservative tempo of societal transformation has now become borderless, fast, and far-reaching.
Although the term ‘globalization’ is commonly used in lieu of the term ‘economic globalization’, it has a wider meaning and application in the modern world which covers socio-political and cultural globalization. It is fundamental to have a clear and specific definition of globalization in order to improve sustainable explanations, precise evaluations and effective policies of the same.
This paper explores concepts of globalizations and economic systems. Concept of globalization One of the fundamental concepts of globalization is its interconnectivity of different aspects across the globe, a feature that identifies shared characteristics that are transferred across developed international networks.
Globalization is simply an international process which arises from interchanging of products, ideas, world views and many other aspects of culture. This process has an effect on the culture, on the environment, on the political system, on the prosperity and development of the economy and also on the well being in the societies around the whole world (Globalization101, 2012).
The once limited, slow, and conservative tempo of societal transformation has now become borderless, fast, and far-reaching. The new globalized economy has become dependently structured on modern and digitized
It impacts the general environment and culture in different countries, the processes of trade effect culture and the processes themselves get affected by culture and adapt. (Levin Institute, 2014) Globalization
For instance, globalization is essential for organizations because it enhances cultural integration and appreciation. This arises when students or workers admitted embrace different cultural backgrounds and they can freely share and
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