An overview of the positive and negative sides of globalization

The rapidity and profundity of this interconnectedness is manifested in the expansion and internationalization of financial markets, global corporate management, worldwide epistemic and interpretive communities, newly emerging power relationships derived from changing global investment patterns, and new social constructions of cognition, identity and meaning built upon postmodern global conditions.

Technological changes and advancements expanded the sphere of culture, creating the global village called by Canadian communication theorist Marshall McLuhan.

As some states experience an improvement in political or civil liberties, they shortly thereafter experience civil strife e. Women constitute 70 percent of the world's poor United Nations Development Programme, Accordingly, the paper will proceed in the following manner: Free trade forces all countries to compete using an even playing field, which critics claim puts smaller, less developed countries behind their more developed counterparts.

In situations where violence does not occur as a result of political liberalization, the state may respond to liberal political behavior by strengthening its internal security apparatus and may resort to indiscriminate political repression.

However, there is an urgent need to address all those concerns which can make globalization a tool for developed countries to gain an upper hand over developing countries.

In Ciudad Juarez the adverse effects of globalization are seen in the dusty and smog-shrouded shantytowns, and people living in squalor and abject poverty. Many economists and environmentalists have criticized globalization due to its environmental impact.

School of Business and Economic Studies. The Global Economic Crisis Explained. Although people belonging to different cultures and countries get a chance to interact with each other, it causes a loss in tradition and values. Hegemonic interests control the globalization-related growth centric approaches that are very resistant to redistribution.

Steering Committee on Rwanda. According to Bruce Anderson: Similarly, the fast food industry promotes values of production efficiency. World bank and IMF support this policy.

Thus, former highly compensated factory jobs disappeared. The issues that they raise are real and can have catastrophic effects if not tackled earnestly. A Different Kind of Threat. Globalization has serious human security implications for some members of the world community.

Earl Conteh-Morgan Introduction The end of the 20th Century and the transition to the 21st is characterized by two simultaneous trends: As the subject of this article pertains to the positive effects of globalization, we will focus on the positive changes it has brought to the world - both economically and culturally, and how it can very well become one of the defining factors of the present century.

In the Sierra Leone conflict, for example, close to 50 per cent of some 14, soldiers became soldier-rebels "sobels" who operated on both sides of the conflict, motivated by their own economic self-interest or personal gratification.

Both the international relations and the internal structures of developing countries have been conditioned to serve the markets of the dominant nations in the areas of production, capital accumulation, the reproduction of the economy, and in social and political behavior.

OpinionFront Staff Last Updated: And if you want a year old computer, you can get it for almost nothing.

Negative Effects of Globalization on Culture

The outcome is the establishment of an international civil society characterized by adherence to homogenous rules and regulations as well as the strengthening of links between the social classes of the countries that comprise the historic bloc. It carries both negative and positive impacts on the society.

One side, made the world a global village, vanishing those barriers once were. But it has also negatively impinge the lives, the purposes of appliances moved to negative direction. Jun 30,  · The spread of globalization has brought many positive changes to developing countries with increased wages, educational opportunities and health care.

How Does Globalization Affect Culture

But. Outsourcing reduces costs for business owners-The positive and negative impacts of globalization hit both U.S. and international workers. One of my workers lives in Africa, another in Eastern Europe, and I’m not certain from which country the third comes from.

Globalization has been a recent phenomenon in the twentieth century that has brought both positive and negative effects to society, the economy, and the population. Pro will argue that globalization has brought more positive effects than negative effects overall.

unambiguous positive correlation between globalization and convergence. When the globalization played the critical role in contributing to convergence. THEORY NEEDS HISTORY important features of the late twentieth-century international economy characterized the late nineteenth century as well.

first, the. But as a coin has two sides, globalization also has its pros and cons. No doubt it affects the world’s economies in a positive way but its negative side can not be ignored. Globalization has resulted in deindustrialization at a fast pace.

An overview of the positive and negative sides of globalization
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How Does Globalization Affect Culture