The Pros and Cons of Globalization

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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. It is widely accepted that there are a lot of benefits globalization brought to our life. Firstly, advanced transportation system makes different places of the world closer. Considerable amount of exciting tourists can visit remote villages in the corner of the earth. Secondly, new telecommunication, such as internet and TV, makes people’s common life colorful. Fans in China who are interested in Manchester United can also share their joy with their counterparts in United Kingdom, when the team won a game. Moreover, we can buy the popular products of high quality made in other countries, such as automobiles of Volkswagen and furniture of IKEA. Finally, globalization can lead to cooperation in trade between different countries. Even though globalization can bring so many conveniences to us, we still worry about its severe negative aspects. Globalization results in several grievous consequences in developing countries. First of all, As Buckley has written (1998), tourism causes the traditional culture hard to live and ultimately lost their identities. For instance, Prague, which is the most popular tourist attraction in Czech Republic, witnesses the city has reversed from the old age of communism to commercialism nowadays which is of more American value. In addition, Buckley also declared (1998) that global business activity can also cause negative effects on developing countries in different aspects. Environmentally, more and more factories invested by foreign corporations have already resulted in air pollution and deterioration of ecological environment in some areas in China. Economically, global business activity causes a result that the gap between rich and poor countries is widened rapidly, because power and wealth are gradually concentrated in rich countries through global trade (Buckley, 1998).

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