Costs and Benefits of Globalization and Localization
analytical Essay
1726 words
When people realized that the earth was round, their curiosity peeked. Explorers set out to discover what exactly was in place. They returned to their homelands with new ideas, new products, and an increased knowledge about a world that appeared to increase in size. While today, we realize that the earth, did not in fact become larger; people just became aware of what was out there. Today the world still appears to "grow"; yet, there is a debate as to whether or not this is beneficial. In the times of Christopher Columbus, the expansion of the globe was referred to as exploration. At the moment, this "exploration" period is often termed globalization. There are many other differences than just a change in name. In the past, people were anxious to share knowledge and learn about new things that they could apply to their country. However, today the attitudes of some have changed since the days of their ancestors. Critics of globalization feel that it is more beneficial for their country to remain independent of the influence of other countries. They are not welcome to the so-called benefits that have been introduced in their country. Globalization is seen as a threat to their political system, their economy, and their country. They believe in localization. They are more concerned with what occurs within their boundaries. Proponents of globalization on the other hand, are still interested in exploring. To them, globalization can do nothing but help their respective country flourish among those of the rest of the world. Here, the benefits to the political, social, and economical realms of their land are aided by their increased knowledge gained from fellow countries.
Localization focuses on keeping relations within the country. Sup...
... middle of paper ...
...are to maintain a balance between globalization and localization. The aforementioned should especially be applied to those countries that are still undergoing development. Globalization does not intend to obliterate every individual country's roots, rather it just strives to help each country accomplish its goals.
References
"IMF Highlights Benefits of Globalization for All Countries" Berta Gomes and Jonathan Schaffer. 28 April 1997.
http://www.usis-israel.org.il/publish/econews/1997/april/eco0428a.html
"A Swedish Dilemma: The Immigrant Ghetto" The New York Times. Warren Hoge. 6 October 1998.
http://www.nytimes.com/yr/mo/day/news/world/sweden-rinkeby.immigrants.html
"Clinton Appeals for Joint Attack in Economic Crisis" The New York Times. David E. Sanger. 6 October 1998.
http://www.nytimes.com/library/world/global/100698econ-speech.html
In this essay, the author
- Analyzes how the expansion of the globe was referred to as exploration, but the attitudes of some have changed since the days of their ancestors.
- Argues that globalization and localization are topics that affect almost everyone. rinkeby, sweden is tangled up in some immigration problems.
- Explains that the need for globalization is an issue that is facing many of the world’s powerful economies.
- Analyzes how the expansion of the globe was referred to as exploration, but the attitudes of some have changed since the days of their ancestors.
- Argues that globalization and localization are topics that affect almost everyone. rinkeby, sweden is tangled up in some immigration problems.
- Explains that the need for globalization is an issue that is facing many of the world’s powerful economies.
- Concludes that globalization and localization are unique processes that must be applied to each country on an individual level.
- Summarizes berta gomes and jonathan schaffer's "imf highlights benefits of globalization for all countries".
- Analyzes the swedish dilemma: the immigrant ghetto in the new york times.
- Opines that clinton appeals for joint attack in economic crisis.
- Explains that localization focuses on keeping relations within a country, while supporters believe that effects of globalization disrupt their belief systems.
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- Explains that the economy is definitely effected by globalization, but not always in a negative way. countries around the world are becoming more unified because of the advantages and technologies of globalisation.
- Explains that economic globalization refers to the growing economic interdependence of countries through increasing volume and variety of cross-border transactions in goods and services. trade, foreign direct investment, and financial capital are three positive effects of the global economy.
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- Analyzes the negative effects of globalization on developing countries, such as exploitation of labour and human trafficking.
- Analyzes the negative impacts of globalization on developing countries and its people. multinational corporations influence and affect the independence of a developing nation. they exploit labour, diminish and deplete resources, create monopolies, and evade taxes.
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- Explains that localization is derived from the need for comfort and reliable support from one's family or neighborhood and for a sense of togetherness and ‘us’ as in comparison to ‘them’.
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- Explains that the structural adjustment programs, or sap's, were facilitated through the international monetary fund and given to periphery countries.
- Explains how cecil rhodes led an imperialist expansionary mission for great britain after witnessing poverty in the east end of london in 1895. free trade, deregulation, privatization, minimalist government, and market forces enabled the core to take advantage of this new "laissez-faire" approach to the economy.
- Compares the effects of globalization on the us and the poor.
- Explains that sevket pamuk and jeffrey g. williamson, editors, the mediterranean response to globalization before 1950.
- Explains charlick, r., "popular participation and local government reforms" new york: cornell university, pp1-5.
- Explains that globalization is the increasing interconnectedness of people, places, and cultures throughout the world. it has had both positive and negative effects, with many similarities to colonization.
- Analyzes how poor management of periphery countries' priorities and money has become a problem.
- Explains that globalization has produced many winners and losers. the periphery countries are being driven further into debt, and their citizens are ending up in poverty.
- Analyzes the positive effects of globalization through technologies such as the internet, cell phones, fast travel, and computers.
1807 wordsRead More - Globalization and New World Orderexplanatory essayThe term ‘Globalization’ refers to is the integration of economies, industries, markets, cultures and policy-making round the globe. It explains a progression by which both national and regional economies, societies, and cultures have become incorporated through the universal system of commerce, communication, migration and transportation.
In this essay, the author
- Explains that globalization refers to the integration of economies, industries, markets, cultures and policy-making around the globe.
- Explains that globalization can be explained in economic and sociological contexts. malcolm waters based on the different forms of human exchange proposed a globalization theorem.
- Explains that globalization was a significant theme in adam smith's book 'wealth of nations.' the division of labour facilitates growth of output, the pursuit for specialisation develops trade, and brings communities from unrelated fractions of the world together.
- Explains that globalization refers to the integration of economies, industries, markets, cultures and policy-making around the globe.
- Explains that globalization can be explained in economic and sociological contexts. malcolm waters based on the different forms of human exchange proposed a globalization theorem.
- Explains that globalization was a significant theme in adam smith's book 'wealth of nations.' the division of labour facilitates growth of output, the pursuit for specialisation develops trade, and brings communities from unrelated fractions of the world together.
- Explains that globalization is the result of powerful governments pushing trade deals down the throats of the world's people to segregate the general population from principal executive processes.
- Explains that rwanda had a stable and stable economy despite its third-world status. its economy was destroyed by the imf and international coffee traders.
- Cites michel chossudovsky's the globalization of poverty: impacts of imf and world bank reforms.
- Explains that the term ‘new world order’ connotes an ideological view of global governance, which entails the many systems meant for an organization and centralization of societies.
- Opines that globalization has enriched the world scientifically and culturally, and benefited many people economically as well.
1586 wordsRead More - The Disadvantages of Globalizationanalytical essayFrank, Barney (1999), “The Correct Approach to Globalization,” Congressional Record, [http://apcentral.collegeboard.com/apc/public/repository/ap05_comp_govpol_glob_42253.pdf], accessed 17 May 2012.
In this essay, the author
- Explains that globalization is a term that is difficult to define, as it covers many broad topics in the global arena. while it is advantageous for the privileged few, the benefits are unevenly distributed.
- Argues that globalization promotes the diffusion of wealth, culture, knowledge, and technology. proponents argue that the integration of cultures and economies leads to the spread of information.
- Explains that globalization has allowed expansion and the amassing of immense fortunes, which contributes to the gap between the wealthy and poor countries.
- Explains that globalization is a term that is difficult to define, as it covers many broad topics in the global arena. while it is advantageous for the privileged few, the benefits are unevenly distributed.
- Argues that globalization promotes the diffusion of wealth, culture, knowledge, and technology. proponents argue that the integration of cultures and economies leads to the spread of information.
- Explains that globalization has allowed expansion and the amassing of immense fortunes, which contributes to the gap between the wealthy and poor countries.
- Explains that globalization can lead to higher unemployment and possible declines in income and working conditions in developed countries. this can be proven in the united states' current economic plight.
- Explains that the inequality among nations includes the exploitation of workers and degradation of working conditions.
- Explains that strong economic forces can influence highly developed, stable countries. globalization makes countries' economies dependent on each other.
- Explains that cultural degeneration is another aspect threatened by globalization; small, unique cultures are the most likely to be compromised and face the highest risk of loss.
- Argues that globalization does not promote tolerance, but results in the annihilation of unique cultures and customs.
- Analyzes how globalization brings the notion of "survival of the fittest" to the forefront. globalization is detrimental to working conditions and wages in industrial countries.
- Cites the levin institute's "introduction" and green, duncan, and claire melamed, "a human approach to globalization."
- Opines that schoen, john, and the world brace for messy impact from greece.
- Cites flanagan, robert, ghose, ajit, and krain, matthew, who authored the ap comparative government and politics briefing paper on globalization.
- Cites frank, barney, and shawki, ahmed, paul d’amato's "briefing: the shape of world capitalism," international socialist review, accessed 19 may 2012.
1583 wordsRead More - Globalization Essayopinion essayGlobalization is the connection of different parts of the world. Globalization results in the expansion of international, cultural, economic, and political activities. As people, ideas, knowledge, and goods move easily around the globe, the experiences of people around the world become more similar. (“Definition of Globalization“, n.d., ¶ 1)
In this essay, the author
- Describes globalization as the idea of making the entire world like a single country. globalization results in the expansion of international, cultural, economic, and political activities.
- Describes real world examples of globalization, such as manufacturing goods in one country and selling them overseas, and outsourcing work to other countries to boost the economy.
- Explains how cell phones connect people all over the world like never before. the auto industry is a real world example of globalization.
- Describes globalization as the idea of making the entire world like a single country. globalization results in the expansion of international, cultural, economic, and political activities.
- Describes real world examples of globalization, such as manufacturing goods in one country and selling them overseas, and outsourcing work to other countries to boost the economy.
- Explains how cell phones connect people all over the world like never before. the auto industry is a real world example of globalization.
- Explains that the economic effects of globalization are not always positive. migrating workers are willing to work for a much lower wage than native workers in other countries. undocumented workers use government services without paying taxes.
- Explains that globalization transfers consumption of limited oil supply from developed countries to developing countries. high oil prices are a big problem for major importing countries such as the u.s., japan and many european countries, which leads to cutbacks in spending elsewhere.
- Opines that there are many positive impacts, such as more efficient markets and increased competition, which is good for consumers.
- Explains that foreign companies provide wealth to local economies in the form of foreign currency when they buy local products and services. they have built schools, colleges and hospitals for the local residents, enhancing the quality of life.
- Opines that globalization has helped poorer developing countries better provide for their families.
- Explains that globalization aids in the blending of cultures. food, for example, is a factor in this.
- Explains that satellite television shows can be broadcast in many countries, which adds to cultural globalization. people can read information about other countries as quickly as they read about their local news.
- Opines that globalization could lead to higher safety standards in air travel throughout the world.
- Explains that political globalization refers to the accumulation of power in a single international government. political integration schemes such as the european union and intergovernmental organizations reduce the importance of nation states.
- Opines that there are positive and negative sides to globalization. one major complaint is that it will make developed countries wealthier and non-developed countries poorer.
- Explains that some people think that globalization will lead to the increase of spreading diseases like hiv/aids. people travel more freely to remote parts of the world, where these diseases are more prevalent.
- Opines that globalization has led to exploitation of labor. prisoners and child workers are used to work in inhumane conditions. safety standards are ignored to produce cheap goods.
- Argues that globalization will make the world a better place to live and solve problems such as unemployment and poverty by promoting economic growth, creating jobs, making companies more competitive and lowering costs to consumers.
- Opines that socially, we have become more tolerant of each other and those who live in other parts of the world. the influx of information between countries increases, especially between those with nothing in common.
- Opines that there will be more markets for trade which will allow companies to make a greater profit and give more options for investments. corporations and governments will try to sort out problems for each other.
- Opines that globalization may lead to stronger economies in some countries and produce a greater flow of information and technology, but each country will lose their cultures and traditions and put an end to cultural diversity.
- Opines that globalization has allowed corporations to outsource to less economically developed countries, providing more jobs and allowing people to take care of their families financially.
- Opines that globalization has allowed for the worldwide blending of cultures and has increased the amount of student studying abroad.
- Opines that political globalization would be harmful for everyone because it would not be possible to influence or govern the world as a whole.
- Opines that the idea of maintaining international law has grown since the establishment of the international criminal court in 2002.
- Opines that the idea of globalization for those living in non-developed countries is probably better accepted.
- Explains that they have been affected by globalization in many ways in their life. growing up, there were no cell phones or internet.
- Opines that globalization can be beneficial for developing non-developed countries and solve long-standing problems like unemployment and poverty.
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