The Disadvantages Of Globalization

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In recent decades, globalization has become a trend though hundreds nations around the world. Generally, globalization refers to trend of countries joining together in alliances or unions to support each other in many aspects such as politics, economy, education, and even military (Burbules & Torres, n.d.). While globalization brings a huge package of advantages to many nations and states, it would be fair to recognize a long list of disadvantages from this trend. In my opinion, one of the most significant problem is globalization has undermined the power of the nation state. This essay is going to explain the definition of globalization, analyzes the impacts of this trend on political aspects, and discuss how globalization has undermined the …show more content…

It happens as a result from the expansion of nation companies to the multinational level and the extensive cultural exchange (BBC, n.d.). The definition above of globalization is only a general term of globalization. In addition, there are many interpretation of specific kinds of globalization such as economic globalization, or political globalization. Particularly, political globalization means governmental actions nowadays have upgraded to a global level, where a number of countries join together in a union to create and share some policies and also make important decisions (Greenaway & Nelson, 2008). The existence of European Union (EU), the United Nations (UNs) are a few clear examples about alliances among nations. On the other hand, political globalization is not only about the connections among countries around the world, but is also about the establishment of non-government organizations (NGOs) and intergovernmental agencies which have increased their influence on government’s decision-making (Moghadam, 2005, p.35). For instance, the growing reputation and power of organizations such as World Trade Organization (WTO), International Monetary Fund (IMF) have played an important role in regulating trading policies for the world which are followed by hundreds of

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