What Are The Advantage And Disadvantage Of Globalization

Victoria Idele

Student (LON) number: LON170920004

Contemporary Themes

LSBM002

What are the advantages/disadvantages of globalisation?

Advantages

Globalization has increased free trade between countries. The increase in capital liquidity has allowed investors in developed countries to invest in developing countries. Large corporations from developed countries have great flexibility to work in other countries. According to

(www.occupytheory.org), the flow of communication has allowed the global mass media to bind the the world together. Global mass media has allowed vital information to be shared between corporations and individuals around the world. Globalization has also contributed to greater speed and ease of transporting goods and people.

Globalization may lead to more environmental problems. A company may want to build factories in other countries because environmental laws are not as strict as they are at home. Poor countries in the Third

World have to cut down more trees to sell wood to richer.

Week 3: CSR is effective/ineffective at improving the world?

Effective

“If the company has invested in an environmental CSR program, it will make sure that its operations do not harm the environment in any way. Inventing machines and techniques to reduce the harmful effects of its operational activities will give the community a clean environment. It will also give the company a chance to explore the usage of renewable energy for its operations. This will reduce the cost of acquiring fossil fuels and can reduce the cost of production by a one-time investment in renewable energy production.” (www.mallenbaker.net)

Companies having solid CSR commitments find it easier to recruit and retain employees. People want to work for companies that care about the wellbeing of their employees and provide good working conditions. Compassionate attitude towards employees is highly desired by new recruits and old

Week 4: What are the negative effects/solutions of/to high levels of immigration to the UK?

Solutions

According to (www.migrationwatch.org), to cope with this population increase huge amounts will have to be spent on the expansion of school places, roads, rail, health and other infrastructure. This is at a time when the government is running a budget deficit and aims to reduce public spending over the long term. The growing economy is creating more employment opportunities and the numbers of both U.K born and migrants in employment are growing.

Reasonable levels of migration are key to achieving strengthened community relations. Mass immigration contributes to the growth of the economy, because more people make for a larger economy which is said to continue over the next few years. This is why it is common to hear the argument that immigration is good for the economy because it increases GDP.

Negative

According to (www.economicshelp.org)There is a rapid increase in the population due to migration could lead to falling living standards. For example, the U.K faces an acute housing shortage, but also an unwillingness to build on increasingly scarce green belt land. In many cities, it is