Globalization In Developing Countries

Globalisation is “the creation and expansion of economic and social connections among people and organisations around the world” (The Gale Group, 2016, p1). Globalization plays a significant role in the economy, culture, as well as people’s everyday lives. Globalization initiated during the Middle Ages when merchants and explorers exchanged goods and ideas throughout Europe, North Africa, the Middle East, and Asia. In the late twentieth, internet was developed and hence, sped up communications. In addition businesses expanded to more distant and foreign continents. Due to the help of these two forces, globalization began to advanced at an accelerating rate. Further along the timeline, a number of international organizations including the World

In terms of economic growth, Mr Anwar put forwards that in the context of globalisation, most countries have increased trade flows (Anwar, 2002, p412) and hence, increased the variety of goods in countries. Furthermore, proponents of globalisation claim that globalisation can reduce trade barriers and generate economic growth. For instance, reducing tariffs and other measures would help to promote free trade, open up the markets, and thus, provide more job opportunities. Consequently, economic growth would increase government spending on public welfare such as medical care, education, and public facilities. As a result, supporters believe that globalisation will benefit everyone from trade and economic

Undoubtedly, globalization has enabled the f the western "popular culture" to grow and flourish over the years. Hollywood is become an universal name, American celebrities has become global stars, and English has become the intercontinental language. In fact, popular culture is reflected all over the world through movies, music, TV programs, newspapers, satellite radio, fast food and clothing, and other entertainment programs (SUNY,n.d). According to the research made by …. SUNY LEVIN Institute, it shows that many people complain that globalisation is actually “americanizing” the world and perhaps one day, there will no longer be a difference to where we live in the world because all countries will be identical. This prediction is horrifying to many because culture is what defines our evolutionary identity and helps us the understand our ancestral values. It is what makes us unique from