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Impacts of globalization
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Introduction
Globalisation as process of international relations incorporates the aspects of economics and politics. The process of globalization is through the exchange of views, ideas, products and various other aspects. Through cultural differences within different countries, the process of globalization creates a unique realm by which globalisation can take place. The process of globalization is benign and within this essay will discuss the very aspects of globalization that make it a process that is good and a process that affects the world positively. Within the essay, the examples of products, sporting events, and tourism will be addressed, because there is a correlation between the three parts that create positivity through globalisation. Examples from countries such as South Africa and Brazil, which are third-world countries, will be discussed to understand how globalization takes place. A comparison will be made with the United States of America (USA), which is a first-world country in order to have a perspective from both a first and third world countries perspective to understand the process.
What Globalisation Consists of as a Process
Globalisation as a process composes of different cultural, political and economic aspects that allow for people to interact with others outside of the state borders and within their borders. Globalisation as a term is addressing every single country in the world in terms of how interaction is created (Hoe, 2009). Globalisation through the advancement of technology and communication has rapidly increased the process of globalization. This process through technology of the internet, the improved modes of transportation makes it easier for people and businesses to trade and supply to compan...
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... for International Economics, 77(10):348-354.
Hoe, SC. 2009. Globalization Impact of Globalization Benefits from Globalization. International Business Trade, InsideBusiness360. [Online] Available: http://www.insidebusiness360.com/index.php/globalization-impact-of-globalization-benefits-from-globalization-18848/ (Accessed 5 May, 2014).
Jacobs, HE. 1998. Political and Economic Stability in South Africa: An Overview. Journal of Foreign Policy Issues. [Online]Available: http://www.hri.org/MFA/thesis/summer98/stability.html (Accessed 5 May, 2014).
Napier, DB. 2012. Globalization and Transformation in South Africa: The Hosting of the 2010 World Cup. Education and Society, 30(1): 53-73.
SouthAfrica.info. 2010. World Cup Legacy: Counting the World Cup benefits. [Online] Available: http://www.southafrica.info/2010/benefits-020710.htm#.U2bb1aJpe1I (Accessed 5 May, 2014).
The first section, called Globalization of the Economy, summarizes the United States economy from 1950s to 2000. It provides a short list of advantages and disadvantages that globalization had on the American consumers, workers,
Soccer was globalized when the FIFA World Cup was established in 1928. Being the single most watched sporting event in the world, the World Cup is a way to bring the world together in a delightful way. According to FIFA’s website, “It fulfills FIFA’s objectives to touch the world, develop the game, and build a better future through a variety of ways.” They also mention, “As of mid-2007, FIFA has grown to include 208 member associations, thus making it one of the biggest and certainly the most popular sports federation in the world” (“FIFA World Cup”). The World Cup has been held every four years since the inaugural tournament in 1930, except in 1942 and 1946 when WWII stopped it from being held (“FIFA World Cup”). Countries compete against each other in these tournaments in a process of elimination until one country comes out on top and is titled champion.
Nelson Mandela once said that sports have the power “to change the world… to inspire… to unite people” (Carlin et al., 2008). He said this in 1995 before the rugby World Cup, which help to unite an apartheid stricken country.
Marks, Shula, and Stanley Trapido. "South Africa Since 1976: A Historical Perspective." South Africa: No Turning Back (1988): 1-45. Print.
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.
Just imagine waking up in squalor, a once prominent society, now a desolate wasteland. All because foreign interest has raped your land of its natural resources and you seen not a cent in profit. Although, globalization is unifying the worlds developed nations and is bringing commerce to nations that have struggle in past years. True, globalization has many positive effects but do the pros outweigh the cons. In this essay I will discuss Globalization ruining the integrity of many countries and also is forcing many undeveloped nations into a bind, and is causing economic distress on some developed nations. Also, due to economic globalization the nations of the world are diluting their culture, sovereignty, natural resources, safety and political system. My goal is not to change your way of thought, but only to enlighten you of the negatives of global economic expansion.
...ent prevails over the degradation. In my opinion, the benefits of globalization discussed in this paper are far more important than it's costs or the costs and benefits of localization. Although, localization and globalization will continue co-existing, globalization will continue to increasingly dominate over time because most countries are generally leading to and becoming more accepting of the idea of globalization. In conclusion, the benefits gained by globalization are the most important to people's lives because it aides in the learning process of people expanding their horizons and understanding the benefits to countries, organizations, and groups working together. Although losing some part of one's national identity can be a disadvantage at times, the advantages of being able to work together and help each other in a globally integrated world are much more.
...tries. These ideas were discussed in lecture on February 16th, 2011, as well as explored in Manfred B. Steger's, Globalization: A Very Short Introduction, and I.B. Logan and Kidane Mengisteab's article, "IMF – World Bank Adjustment and Structural Transformation in Sub-Saharan Africa." Instead of globalization as a positive system for SSA, it did the opposite, and made the region stagnant in economic terms. It was about expanding relationships among countries, but adjustments were creating barriers that prevented SSA from economic communications with other countries. Therefore, it contributed to colonialism after World War II; colonial powers were able to indirectly control what SSA could do, and whom they were able to contact. The World Bank as a financial institution affected SSA's economic industry, and was partly responsible for the control colonial powers had.
In the recent years globalization has begun to appear as one of the most predominant issues in the world. The term ‘is generally used when discussing the technology and advances in an assortment of areas including, but not limited to, everything from technology to capital. The main aspects that comprise globalization are debatable. Throughout this essay, globalization will be explored as a recent social change in our society as it relates to incorporating economic relations and incorporations political relations around the world, despite the fact that this change is often portrayed as a problematic and unequal one of the restrictions of mobile subjects and connectivity. To begin my segment, I’ll begin to discuss on some of the most important definitions of globalization. Lastly, I’ll begin to investigate the imbalanced and difficult practices that make up globalization.
Globalization 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)
Globalization is associated with bringing together world economies and cultures. Globalization is a controvertible conception. This allows powerful corporation change local enterprises and in the future make the gaps big between, rich people and poor people. The benefits of an international market to integrated where labour, ideas, capital and goods can be free and to promote the economic development all of the levels in the society. Globalization is a process to interact and integrate among companies, people and the governments of other nations. Globalization is process which international organization, corporations, individuals and communities has become more interconnected with politics, cultures and the earths environment. “It is characterized
The FIFA World Cup is a global spectacle that captures the attention of millions of people every four years. More than 200 nations are members of FIFA and they compete for the honor of being worthy to play for the Cup. There is no second place, and there are no consolation prizes. It is the ultimate dream of all football players to hold the golden cup as a champion of the world. As the largest sporting event in the world, the World Cup embodies the best attributes that lead people to love the sports they watch and play. Sports stimulate national economies, lead people to experience other cultures through international competitions, and promote world peace by bringing nations together in friendly competition. Even though some people disagree with these points by assuming sports are a waste of money, put athletes at risk due to injuries and while playing in other nations, and causing disagreement between countries. Evidence will be provided to show that sports have a positive impact on society.
Many negative and positive thoughts have been given to the process of globalization. The proponents of globalization rather see the benefits of globalization, while the opponents have based their opinions on the disadvantages of globalization.
The interrelation and the integration of people, companies, governments and nations can be described as globalization. Globalization was produced due to international trade and investments with the help of technology. In today’s world, globalization is very essential. Advancements and technology help the process needed for globalization. Many countries and organizations similarly are affected by this phenomenon, on the other hand, smaller countries have benefited from larger contributors to the world’s market.
Globalization is one of the main aspects in the 21st century. Globalization has brought the world closer; all the things that are happening nowadays are recognized globally even if they happened locally (Buckley). According to Nayef Al-Rodhan GCSP (Geneva Centre for Security Policy) globalization is not a single word or concept. It contains many other concepts within itself. Globalization is composed of different concepts like incorporation regarding the economics, transmitting information or understandings, stability within beliefs, and other concepts (Al-Rodhan p.3). This paper deals with the definition of Globalization, the advantages and disadvantages of globalization, and based on these information the views that to which extend the globalization is beneficial for majority of the world's population. The concept of globalization has changed the whole shape of the world. It has both its positive and negative impacts on people's life. However, by taking both the advantages and disadvantages into consideration we can find that to a large extend globalization is beneficial for majority of the world's population. With the help of globalization the works that were difficult in past is getting easier in today's environment. People are getting closer to each other, which is a product of globalization. Moreover, the knowledge and informations are being circulated in very good way which is a very good sign for having a good and prosperous life.