Pros And Cons Of Globalization

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“Globalization is the process by which businesses or other organizations develop international influence or start operating on an international scale.” (Reyes-Ruiz, 2010). Up until the late 1980’s, globalization was at an all time low, a minimum. Although it can be argued that this phenomenon has had its positive effects on economies, and perhaps helped less fortunate countries catch up with leading countries, the dangers that globalization poses from others aspects should not be ignored. The local culture in the U.A.E. is suffering from the effects of globalization, distancing nationals from their heritage, decreasing the use of their mother tongue, leaving behind their traditions and forgetting their ethnic beliefs. There have been many uses and justifications for globalization over the years. Most of the positive ones come from an economic and commercial perspective. From an economic perspective, many countries with a weak infrastructure and high unemployment rates benefit greatly from local workers being hired in foreign-owned enterprises. Multinationals that setup factories, sweatshops, and outlets in various countries around the globe are the main enablers of globalization. A company that begins operating on an international level eventually influences the culture of the host country. Many who criticize globalization and everything that it stands for are deemed as ‘backward thinking’ or ‘afraid of change’(Reyes-Ruiz, 2010). It cannot be argued that globalization is

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