The Pros and Cons of Globalization and Localization

The concepts of globalization and localization are considered to be very significant in that they deal with the political, economic, social, and cultural lives of human society. Globalization can be defined as "any technological, psychological, social, economic, or political developments that foster the expansion of interests and practices beyond established boundaries" (Rosenau p. 16). On the other hand, the concept of localization limits or reduces these interests. It is designed to inhibit or prevent the movement of people, goods, information, norms, practices, and institutions outside those specific boundaries. This is mostly related to the social and cultural realms. Politically, globalization enhances the expansion of authority, policies, and interests, whereas localization contracts them to a lesser extent. Economically speaking, globalization favors the expansion of production, trade, and investments, while localization constricts them to a narrower boundary. There are both costs and benefits which can be associated with these two concepts of globalization and localization.

Most people feel that globalization has great advantages or benefits and that it is the answer to world unity. This is somewhat true. But along with these benefits, there are also quite a few problems or costs which may coexist. One major problem is that it weakens the administrative power of states. First, borders are no longer boundaries, especially with respect to information, the flow of money, and crime. Second, a number of problems can only be discussed in collaboration with other countries. There is also criticism with respect to corruption and lack of integrity. And finally, some may believe that the state is forced to renounce some of the ac...

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... having a particular bounded location of its own. People should worry first about the political, economic, and social conditions they are living in before those of the world’s. I assume they should care more about improving the location around them before wanting to unite the entire world. Although I feel localization is more associated with an individual, I do not at all think globalization should be discontinued. Globalization and localization are two forces coexisting, and if both can simultaneously occur, then why enforce one over the other when both can achieve better realm conditions.

BIBLIOGRAPHY

Lubbers, R.F.M., The Globalization of Economy and Society, www.globalize.org

OECD, Globalization: What Challenges and Opportunities for Governments?, www.oecd.org

Rosenau, James N., The Complexities and Contradictions of Globalization, p. 15-19