Positive and negative effects of globalisation

Positive and negative effects of globalisation study Question Globalisation has take to significant shifts in the valet de chambre prudence oer the last trio decades. Please describe these major shifts. It has been suggested that globalisation is a major driving force of the global economy towards greater prosperity. It has also been argued that greater globalisation has brought greater risks to the orbit economy. Given the situation that the whole world has just been facing the or so s perpetuallye m bingletary crisis and economic recession for many decades, what is your view on the globalisation debate?IntroductionDefine GlobalizationGlobalization refers to the shift towards a more incorporate and interdependent world economy (Hill, Cronk, Wickramasekera, 2008). Globalization has brought a hatch of people into contact with the world by declining the barriers of the free function of goods and services, since the World War II and the dramatic technological change and devel opment in recent days mainly in the past three decades (Hill, Cronk, Wickramasekera, 2008). This development has made the people roughly the world to be connected to separately other. Information and m stary flow quicker than ever. Products produced in one town argon available to the rest of the world. It becomes much easier for anyone to travel, communicate and do business internationally. Free flow of goods and service s has produced many opportunities for business. This whole phenomenon has been called globalisation. This essay is about globalization, how globalization led to significant shifts in the world, I will describe these major shifts in more details. How globalization has brought the economy and many countries into part prosperity. On the other hand, the greater the globalization the riskiest it gets. Finally, I will view my points on the globalization debate. aft(prenominal) the break down of the Soviet Union, globalization accelerated through the world. It inclu ded the increasing of integration countries exclusive economies, the rise in the world workmanship and transnational companies and the effect of large sums of money moving in and out of economies. People around the globe ar more connected to each other than ever before. Information and money flow more quickly than ever. Goods and services produced in one part of the world are increasingly available in all parts of the world. outside(a) travel is more frequent. International communication is commonplace. This phenomenon has been titled globalization.McDonalds has more than 25,000 branches in 100 countries (Vijayarani, 2004). This achievement shows how globalization has impacted this organization in terms of culture and physical actional activities. The success of this fast food chain can be lavishly hat attri thated by its ability and techniques to adapt to local cultures and resources. This ability has utilityed McDonalds tremendously by allowing McDonalds to spread its bra nd intercontinental which is at once earning the company over $4.0 billion annually in revenue (Lockyer, 2006). The problems of globalizations attributed by various cultures and heed systems were turned into opportunities by the companys continued sensitivity to local cultures. For instance, McDonalds has training programs translated in over 35 different languages mainly English, Spanish, German, French and Chinese to suit the needs of customers as well the needs of various franchises worldwide.Globalization has been accompanied by multiple developments on the world stage, or may carry existed before. But it increased the degree of appearance, and these phenomena may be economic, political, cultural, communications and the close to prominent of these is with no question the economic phenomena.Transformation of the economy (traditional activities such as the exchange of goods in kind, buying and change) to a emblematical economy that uses icons and electronic pulses through t he computers and electronic devices connectivity, will firmness of purpose in increasing the volume of electronic commerce, electronic data interchange in the trade sector, transport, money, credit and others.Deep interdependence among nations, national economies and the trade through speed and ease of moving goods is a good result outsourcing. Outsourcing is the tasks that were preceding(prenominal)ly performed in-house are now purchased from another firm (Hill, Cronk, Wickramasekera, 2008). Capital and information across borders with the trend towards integration of financial markets, peculiarly with the excretion of many non-tariff barriers and obstacles to the flow after the establishment of World Trade Organization, may arrange for the removal of barriers and obstacles among the markets now that the competition is the strongest factor in determining the type of goods produced by the state.Few regions of the world bugger off been affected by the rove of globalization tha n the Asia Pacific Basin. Changes have occurred over the past three decades as the result of the increasing interdependence of Asian countries with each other and with the rest of the world (Rondinelli Heffron, 2007). Globalization has led the international interactions and interdependencies have led to the spread of culture influences and the ability of people living near each other anywhere in the world just to communicate with each other (Rondinelli Heffron, 2007). Many multinational corporations benefited from global economy in many ways, round of these organizations have seen the differences in the upbringing level, which made the education sector a major concern. With better education provided, better jobs will be granted and the elaboration in global economies will be more effective which will lead in high standard of living. (Rondinelli Heffron, 2007).Globalization brings great prosperity to those countries that pay their market to the international trade and investme nt. Countries that do open to the global markets and share its products grow faster than those who limit their domestic markets and limit their confederations in international trade. The growing in gross domestic product is associated with export exploitation (Rondinelli Heffron, 2007).Globalization has brought greater risks to the world economy, change state debt and increasing multinational corporations Fairies.The prevalence of multinational corporations, with control over investment, production and international, MNC companies such as IBM, Microsoft, and others, particularly after the World Trade Organization equated between these companies and national companies in the transaction.The problem of the global debt, especially the debt of the third world, poor countries with no capacity to pay as well as the debt services and pay of multinational companies has grown in a scary way. Many MNC have been cutting down in employment number, just to reduce their debts.The emergence of a new international division of work in which the developed countries gave to the developing countries for some manufacturing industries (i.e. industries that depend on the conversion of the raw material to processes goods can benefit from them), that do not meet a comparative advantage, such as intensive industries, labor-intensive and polluting the environment while developed countries have focused on high-tech industries like computers, software, and telecommunications equipment and electronic industries with safer and higher favourableness and less employment.Areas like information and communication technologies grant not only the interests of global capitalism but also many small groups to publish their messages and ideas. This is demonstrated by the Democratic side of the development of moderne technical. In fact the great diversity of representatives of the actors on the pages of the information network of international non-governmental organizations working in the area s of human rights and the environment through the opponents of globalization and access to the movements of Nazism and the radical. On the other hand, the effectiveness of campaigns organise by some of these parties against State policies and large corporations. This does not mean in any way deny the fact that there are centers and parties in the modern world with remains globalized world of ideas and visions, symbols and letters attack in large part from the cultural frameworks in the developed North controlling the accounts of the overall strength. However, the previous analysis proves that how they formulated and published on the basis of these components and the image that is the interaction with and awareness deny the shopping center of a unilateral approach, and widespread in our midst, which sees in globalization merely a synonym for domination.Anti-globalizationnot only the term of globalization has increased since the last years, but also anti-globalization has appeared and is still increasing. The first wave of global protest began in the mid-1970s and focused on the austerity measures adopted as part of the geomorphologic adjustment programmed (Munck, 2007). Anti-globalization is the umbrella term for a group of different protest causes, including environmentalism, third world debt, animal(prenominal) rights, child labor, anarchism, and anti-capitalism and opposition to multinationals. The most attacked institutions of anti-globalization protests have been especially World Trade Organization (WTO), International pecuniary Fund (IMF), and World Bank (Hill, Cronk, Wickramasekera, 2008). As the big businesses are increasing all around the world, anti-global activities and protests are also increasing their level of strength and violence. McDonalds is one of the most criticized companies by anti-globalists who reproached corporations low wages, advertising practices, participation in deforestation, harvesting of animals, and promotion of junk food and an unhealthy diet. There were several trials between McDonalds and activists and it did not matter whether activist had won or not, because both cases negatively influenced the good name of the corporation. Activists claim that McDonalds is selling junk food that is overly saturated with salt, sugar, and fats, producing high cholesterol (Kellner, 2001). Moreover, this food is overpriced and it destroys traditions like post cooking, individualized family restaurants, and a balanced and healthy diet. McDonalds is multinational Corporation that does not customize its products and because of its enormous growth all around the worth, McDonalds is the paradigm of mass homogeneity, sameness, and standardization which erases individuality, specificity and difference.Globalization DebateIndeed, globalization has over hundreds of years contributed to the progress of the world, through travel, trade, migration, spread of cultural influences and dissemination of knowledge (Rondinelli He ffron, 2007).Globalization has brought many positive aspects to some countries. Lowering the prices of goods and services has made many customers and consumers happy. For example, Australia was greeted with news in early 2007 that manufactures will be move to India. This has led to a huge in a passage of job. However, manufactures operating in India are producing in lower cost which will lead to lowering the price of this product (Hill, Cronk, Wickramasekera, 2008). As well as, this operation will lead to a better economy for India, because an increase income is provided, jobs will be provided as well.At the same time relocating of manufactures or services from advanced countries to poor-labor countries will destroy many jobs in the rich advanced countries. An example is Etisalat communications. Their call center was located in Dubai when the company was operating in Emirates. In 2009, the company started operating in Egypt, which made them use the low wages and the low operatin g costs in Egypt. So they moved their call center to Egypt. As well as a lot of MNC will decrease their wage rates of unskilled employees in developed countries. Any problem in one country can affect the whole world. Open, global market means that any financial diesis will spread widely.In conclusion,Globalization has made the people around the whole world connected with each other. Sending and receiving money is just matter of seconds nowadays. This made many companies go international. An example of Multinational Corporation is McDonalds. McDonalds who become successful and powerful around the world had taken into consideration many aspects of direction strategy which benefited them. Globalization has existed before, but it increased in new levels. The economic level was and still the most important one. Countries with global economy with less trade regulations and trade goods and services more frequently, will result in an increase in the trade sectors, money and transportations . Outsourcing has led to the spread of culture influences. However globalization has brought great risks to the world. The problem of the global debt and the poor countries has grown in an effective ways. Some companies had to fire most of their employees to reduce their debt. Anti-globalization has appeared in the mid 70s and focused on measures adopted as part of the structural adjustment. Anti-globalization is a term of group of different protest causes like animal rights, child labor and anti-capitalism. McDonalds is one of the most criticized companies by anti-globalists. Positive aspects of globalization are the low prices of goods, new available jobs, the production process have become cheaper and some economies benefited. On the other hand, granting jobs in one country means the loss of jobs in other country, destroying manufacturing jobs in the developed countries and reducing the wage rate of unskilled labor in the developed countries. In the end I agree with the term glob alization because overall the benefits that came out of it are more effective and made the whole world better-off.