Academic Search Complete. EBSCO. Web. 2 May 2010.
Globalization is the ‘international integration” or ‘de-bordering’ – “a number of highly disparate observations whose regular common denominator is the determination of a profound transformation of the traditional nation-state” (Von Bogdandy 2). Globalization is connecting different people from different cultures and backgrounds together. More and more corporations are entering new foreign markets to sell their products to the native populations. But at the same time globalization is negatively hurting people and countries. Globalization is hurting workers and small countries.
2007. Academic Search Complete. Web. 23 Feb. 2010. Poniewozik, James, Amy Lennard Goehner, Jeanne McDowell, and Adam Pitluk.
Globalization can be defined as the global economy coming together in many ways to create unique products, and services and other things. But what exactly does this mean? The initial thought would be that globalization is good. However, I believe globalization is the leading cause of the increased gap between the rich and the poor, and diminished the middle class. Globalization simply allows the cycle of the rich developed countries exploiting poor countries for labor and resources.
Globalization has become a big topic in today’s world with huge impacts, in social, economic, political and cultural aspects. Globalization, different people have a different notion about the term, according to the different place and situations. People have their own definition of globalization, according to their interest and perspective. I believe that globalization comes with a lot of economic advantages and opportunities, it creates an opportunity for developing countries such as Lapen, to be financially stable. It creates an open door to the market and eventually escalates the interaction and communication between and across the economic hierarchy.
Although globalization is often thought of in economic terms, this process has many social and political implications as well. Many in local communities associate globalization with modernization. At the global level, globalization is thought of in terms of the challenges it poses to the role of governments in international affairs and the global economy. There are heated debates about globalization and its positive and negative effects. While globalization is thought of by many as having the potential to make societies richer through trade and to bring knowledge and information to people around the world, there are many others who perceive globalization as contributing to the exploitation of the poor by the rich, and as a threat to traditional cultures as the process of modernization changes societies.
Academic Search Complete. EBSCO. Web. 30 April 2011.