Economic Aspects Of Globalization And The Meaning Of Globalization

An executive summary

Introduction

By globalization Dictionary 2542, the meaning of globalization is "to spread around the world; The international community should be aware of any relationship or affected by what happened to glance wide. This was due to the development of information systems, etc. "However, in view of the author's view, the globalization is the world and all countries are included in every aspect, there are many factors such as, political, economic, social, culture, technology, communications and transportation virtual. The authors proposed a view of globalization affect to the business in the current two aspects: Economic aspect of globalization and Cultural aspect globalization.

1. Economic aspect of globalization

For

Changing constantly, sometimes the world is facing an economic downturn like the Great Depression of the 1929's, when North America and Europe. There are many impact that happened to the world. This corresponds to the reign of the seventh of the Asian financial crisis, Thailand in period 2540 (Tomyum Krung crisis) , many countries around the world got the affects. In this economic downturn has affected the many regions so have to prepare the defense for fighting with the economic problems in the future. Including the United States have adopted the sufficiency of the reign of the ninth to deploy the business community and local authorities. There has been sustained growth. A foundation for economic and Thailand

Disadvantages caused by many causes, such as the production of goods and resources than needed. And shortages in some They cause more destruction of natural resources. The wasteful use of resources. And that the Free Trade Agreement If a superficial look would be found to be fair trade, If you look in detail will find it growing on inequality. The advantage of the superior power. Just do not come in the form of trade sanctions in the past. Or perhaps in free trade today. There is still discrimination in trade latency. Cause advantage occurs, as in the present to find that big companies to buy into or merge with smaller rival. Cause a market monopoly up. Or Greece and Spain to try to withdraw from the European Union, as well as a request to withdraw Scotland from the UK. City or Barcelona To be withdrawn from Spain, etc. In addition, the last on January 25, 2017, President Ronald Trump has endorsed withdrawal from the Trans-Pacific Partnership (TPP) is completed. America first, and focus on implementing policies, including the abolition of free trade that the United States would result in a disadvantage. From an economic policy which is sent to the world. The original TPP members have been isolated. And the US began to turn to protectionist trade policies. The whole world must adopt policies to increase trade barriers. And returns to the trading systems of the past. The business must adapt and respond to change, especially small