The Advantages and Disadvantages of Globalization Essay Example
The Advantages and Disadvantages of Globalization Essay Example

The Advantages and Disadvantages of Globalization Essay Example

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  • Pages: 4 (966 words)
  • Published: April 18, 2017
  • Type: Essay
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The advantages and disadvantages of globalization Introduction: With the development of Internet, transportation and closer relationship between countries, nowadays we heard of “globalization” more frequently in the daily life. Different countries and the people from different places have more connection and communication with each other than before. This is a human social phenomenon. In this big world stage, more relation not only means more opportunities, but also more competition.

To research the advantages and disadvantages of globalization can help to catch the chance and avoid the risk and maintain a momentum of healthy development. In this essay, I will briefly talk about what is globalization and its effects to different areas at the beginning. Furthermore, the advantages and disadvantages will be presented to show how these factors influence the developed and developing

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country respectively. Last part is the conclusion as well as some personal comments.

What is globalization? The globalization is just a concept which generally means an increase of global connections, the human life based on the global scale and an increase of global consciousness. The politics and economic trade rely on each other. The globalization can be recognized as the integration of the world.

Actually, Globalization is not a new phenomenon,which not happened in recent years. In ancient time, China exported tea and silk to Europe. That the west Europe started colonial times can be considered as the beginning of the globalization. It began at the end of the nineteenth century, but it slowed down during the period from the start of the First World War to the third quarter of the twentieth century. However, the paces of globalization picked up speed during the fourth quarter

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of the twentieth century.

Economy: The emergence of market makes the goods exportation more easily. International trades make the industrial companies develop fast. Meanwhile, the companies should upgrade their products, and adopt advanced technology in order to be faced with more competition.

Culture: The globalization of culture means more information and more communication with other countries. These influences mostly show in language, religion and communication. More people learn foreign languages, and intercultural communication becomes more and more important.

Politics: The development of globalization leads to the decrease of the importance of the state. After the establishment of WTO, G8 and EU, more international organizations are taking place of super-power.

The advantages and disadvantages of globalization

Advantages: Globalization provides convenience to the international trade and business and more opportunities are supplied to countries to help them to do what they can do best. It leads to the free trade between nations. Hence goods and services produced in one country can be increasingly available to all around the world.

Globalization is very beneficial for companies to purchase cheaper goods all over the world and can also have a big market to sell their products, so companies can save their cost and also make more profit. Furthermore, countries benefit from globalization. They can focus on what they need to be strengthened and improved, and it is good for their development. Consumers get more benefits. They get a much wider variety of products to choose and get the products they want at more competitive prices.

With the development of technology and Internet, nowadays, we can get more information than before. That is good for people from different places to know each other. For cultural part, there

are some conflicts between different cultures, but intercultural communication is not only good for people to understand each other, but also for different cultures to improve themselves and have a right direction for social development. B, Disadvantages: Economic depression in one country can trigger a widespread reaction across the world.

Take the economic crisis in 2008 as an example. It firstly happened in the USA, but rapidly influence all over the world, because the world economy tied too close with each other. Globalization causes unemployment in industrialized countries because firms move their factories to places where they can get cheaper workers. Globalization may lead to more environmental problems. A company may want to build factories in other countries whose environmental laws are not as strict as those at home. Human, animal and plant diseases can spread more quickly through globalization.

The influence of globalization on developing countries

Globalization is a big boon for the developing countries, but there are a few say that it is a curse. Let’s have a look at both of these aspects of globalization. For developing countries, the globalization sometimes is good for their economic development. Like the GDP increases with international business; the income of local people also increase; the unemployment rate falls. The infrastructure and education system can be developed. Otherwise, opportunity also means more challenges.

Wealth is still concentrated in the hands of few, and the common people in a developing country are seldom to get any major benefits from globalization. That may cause some developing countries more poverty-stricken than before. Inside those countries, it may have problems of unbalance of income. A worker may earn more for his work in a

developed country than a worker in a developing country.

Conclusion

Every coin has two sides. Globalization is a double-edge weapon for every country or individual.

Both countries and individuals will be confronted with more challenges, so we should learn how to use globalization to get values, besides the value of economy and culture. We should also learn how to avoid the risk.

Reference

  1. Summary of the Annual Review of Developments in Globalization and Regional Integration in the Countries of the ESCWA Region by the United Nations Economic and Social Commission for Western Asia Internet: http://en. wikipedia. org/wiki/Globalization
  2. http://www. darkseptemberrain. com/ideas/advantages.
  3. htm http://www. buzzle. com/articles/advantages-and-disadvantages-of-globalization. html
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