Danny Loyola Globalization in India The concept of globalization was first introduced by Adam Smith, the father of modern economics in the year 1776 through the book titled, “Wealth of the Nations”, and since then the globalization has been liked yo-yo. Globalization is not a new concept. The word "globalization", which connotes where all the nations join their hands, create a kind of synergy to do business or any commercial, cultural or educational activities, in which every participant nation should beneficiary. Globalization in a nutshell is "one for all and all for no. The purpose behind globalization has been to open the portals for each and every nation in different fields. A nation can buy from other nation and sell to other nation. Globalization can both bring about positive and negative effects to the nation that adopts it. On the positive side, globalization can lead to the generation of numerous employment opportunities. This occurs as multinational companies move their operations into developing countries in search of it’s advantageous work force. This leads to the creation of employment and the generation of income for the host country. Globalization also encourages education. With the globalization of labor and services comes the globalization of education. Globalization also has its negative side that includes an uneven distribution of wealth and disparity within the citizens of the host country who are directly affected by globalization. It is said that the rich are getting richer while the poor are getting poorer. In the real sense, globalization has not been able to reduce poverty. Instead it has led to the accumulation of wealth and power in the hands of a few developed economies. Therefore the gap between the... ... middle of paper ... ...ate, there is little reason to believe that an IT-based learning environment will advance the cause of Indian education in any substantial way. Problems that are enmeshed in the social and economic fabric of our society need to be primarily addressed with solutions that are of a social and economic nature. Throwing technology at these problems will not make them go away. Presenting technology as the solution to India’s educational challenges is troublesome in two ways. First, it diverts our attention from issues that should really be on the front-burner. Once our attention and resources are diverted, building back the momentum in the correct direction is a monumental task. Second, by building castles in the air that will soon be blown away by the winds of reality, it does a serious disservice to the more limited, but yet substantial and real benefits of technology.
Globalization is the process of people of different cultures or countries integrating through interacting through trade or the use of social media. In “Point: Globalization Provides a Better Life for All” By Jennifer Graham, she provides a valid point of view of how globalization has benefited society. “Globalization enriches the human experience through increased cultural and economic integration, which promotes diversity by opening society to new technology, communication and ideas...Moreover, globalization helps to break down discrimination against people on the basis of religious beliefs or race” (Para, 11,13). Globalization has an impact on my lifestyle because I am currently surrounded by technology and different cultural food. With globalization I have access to different foods that i would normally never get to try, also technology has allowed me to gain knowledge about different culture I would normally not know, this results in me being more informed and benefited because of globalization bringing the different culture of the world so much closer
Globalization is the process of people of different cultures or countries integrating through interacting through trade or the use of social media. In “Point: Globalization Provides a Better Life for All” By Jennifer Graham, she provides a valid point of view of how globalization has benefited society. “Globalization enriches the human experience through increased cultural and economic integration, which promotes diversity by opening society to new technology, communication and ideas...Moreover, globalization helps to break down discrimination against people on the basis of religious beliefs or race” (Para, 11,13). Globalization has an impact on my lifestyle because I am currently surrounded by technology and different cultural food. With globalization I have access to different foods that I would normally never get to try, also technology has allowed me to gain knowledge about different culture I would normally not know. This results in me being more informed and benefited about the world as a whole because of globalization bringing the different culture of the world so much closer
Our global world is being more connected as we become integrated politically, socially and even economically. Due to the Bretton woods agreement, different countries have been economically dependent on each other in fear for war to erupt. From then on different organizations and policies tied more countries into being economic globalized. This economic globalization had then given us many opportunities in trades and more access to natural resources in other countries. Unfortunately, there are some negative effects that are brought to less developed country. Overall, many people believe that economic globalization does a great work on accumulating our economy and our quality of life.
Globalization helps many people achieve greatness. But for the majority it brings hardships and struggle. People will be plagued by the effects of globalization and will have a tough time over coming it. We are far from reaching a point where we can say we have sustainable prosperity throughout our world. But before we focus in on sustaining prosperity, we must first reach prosperity and bring it to all corners or the earth.
The essay, “The Noble Feat of Nike” by Johan Norberg basically talks about the effects of Nike going into third world countries, particularly Vietnam. Norberg explains how Nike’s factory gains from being in its desired location, Vietnam. Vietnam being a communist country comes to Nike’s advantage, because if they were located elsewhere they would have to pay workers higher wages and use more of their machines. Workers in these countries are provided with an air conditioned building with regular wages, free meal plans, free medical service, and training/education to operate the machinery within the factory. The workers find all of this beneficial and in their own favor because of the fact their earning double to five times the amount in wages than if they were working outdoors on a farm. This great deal, blinds them to notice the meaning behind the company’s location in Vietnam. The Nike factory was rather clever in making their location in that specific area to gain benefits for Western owners. The catch Nike gains from is simple. The owners pay factory workers only a small monthly sum from what they make selling the shoes to customers. Globalists state that the company doesn’t pull this fast one on the Western population because of our advancements compared to the Eastern countries. Western people would protest and strike to demand better wages for their work, but the people in Eastern countries have no choice but to deal with the injustice in order to support their families and educate their children.
(Bilton et al 1996:5) The process of globalization has certainly had many changing effects to the world we live in; it has also changed the way many factors operate. Globalization is said "to have transformed the structure and scale of human relationships that social, cultural, political, and economic processes now operate at a global scale with a consequent reduction in the significance of other geographical scales. "(The Dictionary of human geography 2004:315) Globalization has had both positive and negative effects on a local, national, international and global level. Globalization often brings benefits at one level which cause negative effects at another, these results and the scale at which they manifest are often uncertain and unpredictable.
The globalization of production refer to the sourcing of goods and services from location around the globe. This benefit is to take advantage of national differences in the cost and quality of factor of production such as labor, energy, land and capital. IKEA had concentrated production in four core suppliers in China and Europe to reduce the cost of the cotton slipcovers. Between 1999 and 2005, the price of the Klippan by some 40 percent are reduce from these global sourcing decision enable IKEA as the resulting efficiencies. It is because, the labor of cost in China and Europe are more cheaper than another country. Thus, IKEA choose the China because in there have cheaper labor and lower price of sources to take advantage of national differences in the cost. By doing this, IKEA hope to lower their overall cost structure or improve the quality or functionality of their product offering, thereby allowing them to compete more effectively than others.
Globalization refers to the absence of barriers that every country had. Yes, it has helped to demolish the walls that separated us .Globalization, which is the process of growing interdependence among every country in this planet, can be seen as a sign of hopeful and better future by some, but for others it represents a huge disaster for the whole world. That’s why we are going to see the negative effect that globalization has on culture then focus on the ethical disadvantage it brought, to finally talk about the damage it did to skilled workers.
Globalization is an overwhelming trend. It is no doubt that there are many positives rise out of globalization, but equally some serious negatives brought from this trend, such as gradual disappearance of ethnic identity (Buckley, 1998). This essay is going to address some positive effects of globalization generally, and then it will focus on impacts of this trend on developing countries.
Finally, everything in the world has a positive side and a negative side and globalization is one of them. It is up to us the people of the world to maximize the positive aspect of globalization and minimize its negative aspect.
Globalization is a term that is difficult to define, as it covers many broad topics in the global arena. However, it can typically be attributed to the advancement of economic, social, and cultural interactions among the companies, citizens, organizations, and governments of nations; globalization also focuses on the interactions and integration of countries (The Levin Institute 2012). Many in the Western world promote globalization as a positive concept that allows growth and participation in a global community. Conversely, the negative aspects rarely receive the same level of attention. Globalization appears to be advantageous for the privileged few, but the benefits are unevenly distributed. For example, the three richest people in the world possess assets that exceed the Gross National Product of all of the least developed countries and their 600 million citizens combined (Shawki and D’Amato 2000). Although globalization can provide positive results to some, it can also be a high price to pay for others. Furthermore, for all of those who profit or advance from the actions related to globalization, there are countless others who endure severe adverse effects.
Globalization on a broader scale, is an integration act, involving cultural, mental, political as well as economic aspects of a person, among countries. It is mostly limited to, economic integration, associated with movement of people, exchange of technology and information, trade as well as financial flows. . This is practice is clearly miles ahead, as demonstrated by the ever increasing capital flows in the world economy as well as the level of importance, the world economy has. As a result of globalization, tremendous pressure is on the nations to keep up with its demands and this has had a lot of consequences. Some pundits will tell you that these effects are only economic based,
Globalization’s history is extremely diversified and began during the beginning of civilization. Now we live in a world that is constantly evolving, demanding people to use resources in locations that are very difficult to obtain certain resources. This could make it completely impossible to operate in these specific parts of the world. However, globalization allows people across the world to acquire much needed resources. Globalization creates the opportunity for businesses to take advantage and exploit the ability to take part of their business to a different country. Nevertheless, globalization is part of today’s society and will be involved in virtually all situations.
ICT's vital role cannot be ignored in increasing attainment to education as well as preparing better quality education (Gutterman et al, 2009). Education has not been untouched by the pervasive impact of information and communication technology. No doubt that ICT has influenced the quantity and quality of teaching, learning, and research. ICT, in concrete terms can improve teaching and learning via its engaging and interactive content; and it can prepare real opportunities for individualized teaching. ICT has the potential to speed up, enhance, and deepen skills. It motivates and engages students in learning. It also helps to connect school experiences to practices and to develop economic viability for future
Globalization is a global process that is changing the world. I would also like to discuss what are the benefits and drawbacks of globalization in the world from different perspectives.