increased rapidly among countries. This trend is called globalization. Generally speaking, globalization has its own advantages and disadvantages. The development in international trade and communication has created employment and opportunities for millions of people, but it has also made poor countries poorer. In my opinion, globalization has both positive and negative aspects. First of all, the most obvious advantage that the globalization brings about is that goods (such as car, laptop, smartphone
To examine the impact of globalization brought to work and employment, it is undeniably that working environment become vacillated since employment not only rely on domestic factors anymore but also involved multinational corporation (MNC) factors which initiated by globalization. Therefore, globalization in an important key concept before understand the issue. The view of Sanders and Sernau (1994) suggested that in traditional societies, gathering and hunting were mainly how the societies operated
2. Discussion of findings 2.1. Concept of globalization In modern time, most of people overlooks the reality of globalization but no one can explain what exactly make it real ( Bartelson 2000). Economy is the only field in which the impacts of globalization can be measured easily. Globalization is reflected in the growth of world trade as an output ratio (percentage of the world imports to gross world product, GWP, has increased from 7% in 1938 to around 10% in 1970 to over 18% in 1996). It is represented
Controversy of Globalization According to the dictionary, globalization is “the act of extending to other or all parts of the world.” Johan Norberg states that millions of people have become anti-globalization fanatics to avert the spread of global capitalism. He believes that the anti-globalization movement is “ignorant and dangerously wrong.” In his opinion, anti-globalists that think it creates poverty are completely wrong. To support this, he says that, thanks to globalization, “three billion
children have to work also. Vietnam is a poor country, because the GNP per capita is extremely low (Edmonds, Pavcnik, 2002). Besides, Vietnam is a developing country, which means that the export has increased, caused by globalization (Gunter & van der Hoeven, 2004). That is why Vietnam is an ideal country to analyse the relationship between child labour and globalization. It is a poor country with a lot of child labour, but it is also a developing country, caused by globalization. According to Edmonds
Introducation Globalization is a trend that affecting the patterns of work and increase the social divisions. There are many different definitions of globalization defined by academics, but globalization has no unified definition, it can generally understand as the integration of world economies by the less influences of nation boundaries to trade and invest in foreign countries. Labor and capital are no longer limited by countries barriers. This article would focus on how gender inequality is affected
The globalization that understood by the economist, is most of the time when someone speaks about globalization, he or she will refer to a multitude of phenomena, which usually have less or nothing to do with globalization. IMPACTS OF GLOBALIZATION ON POVERTY Globalization is the result of the phenomena which the evasion of the obstructions on the international commerce, the unprecedented
languages, and cultures that was never possible before the advent of the internet. This wide reaching phenomenon has developed into what is now known as globalization. Globalization refers to the free movement of capital, technology, services, goods and information on a world-wide scale. Globalization has had both positive and negative effects on the lives of people and governments. The lines between cultures have blurred while some have been lost. Some economies have prospered greatly while others
different places is easier than itself 50 years ago. These are ones of the positive impacts of globalization, which also “increase[s] of trade around the world, especially by large companies producing and trading goods in many different countries.” (Cambridge for Advanced Learner Dictionary 7th Edition). Globalization not only creates opportunities, but also poses a lot of challenges for the whole world, under the pressure globalization, people must stay creative and always have new idea or method to access
different places is easier than itself 50 years ago. These are ones of the positive impacts of globalization, which also “increase[s] of trade around the world, especially by large companies producing and trading goods in many different countries.” (Cambridge for Advanced Learner Dictionary 7th Edition). Globalization not only creates opportunities, but also poses a lot of challenges for the whole world, under the pressure globalization, people must stay creative and always have new ideas or method to access