However, it has made the connection between developing countries and developed countries stronger, it made each country rely on another country. This essay has shown that some of the most significant benefits of globalization are goods and people, that are transported easier and quicker across boarders and for result free trade between countries has increased, nonetheless, it has made a lot of economy and trade advantages for developing countries, therefore it reduced the probability of war between
Globalization is marked with increasing economic integration and growing economic interdependence between countries of the world. There is an increased cross border movement of goods, technology, people, information etc. Globalization brings new potentials for development and wealth creation. But there are divergent views on the economic impact of globalization. Few argue that the present model of globalization has increased the problems of unemployment, inequality and poverty, while others contend that globalization helped to reduce these aspects.
Despite the fact increased cross-border trading and production has raised average incomes globally, inequality has nonetheless become more prevalent. Cee J. Hamelink notes that, “Millions of farmer, immigrants, poorly qualified urban workers, youth and women suffer globalization's negative consequences...marginalized and excluded (Hamelink, 29). Rather than collectively making the world more prosperous, critics attest that “if there is any globalization at all, it is the ‘globalization of poverty’. The benefits created through this process of interconnectedness is only experienced by a very small percentage of the global population leaving behind much of the developing world. According to Amartya Sen, the main issue is not the process itself but rather the institutional inequality that has led to the unequal distribution of opportunities created through globalization (Sen, 24).
I am convinced that globalization provides many benefits for us as individuals but also for every country in the world. Many professionals, economists and politicians align that the process of globalization is a huge benefit for economies worldwide. Through this process different trade markets are getting more competitive but also efficient at the same time. It balances the unequally between different countries and prevent eventually some military conflicts. The Milken Institute’s Globalization of the World Economy reports that even if there are many benefits regarding the globalization, there are still several risks which should not be underestimated by investors or governments.
The focus of globalization on the economic benefits needs to be translated into health benefits. It also required that the resources generated by globalization process should be more favourable to developing countries and used to strengthen health systems, to ensure universal access to cost-effective interventions, and to improve other services essential to health, such as education, water and sanitation, environmental protection and effective nutrition and health safety programmes (Woodward et al, 2001). Countries should protect health-related spending from reducing in public expenditure, limiting the adverse effects of low or negative growth on the incomes of the poor, this will equally minimize the adverse effect on the health. It is important to monitor the effects of globalization and health, and to ensure that the results of such monitoring are fed effectively into decision-making processes at the national and international
The effects of globalization in a global community Ferbryan Cliff Pelleng (016201400060) Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. This process has effects on the environment, on culture, on political systems, on economic development and prosperity, education and on human physical well-being in societies and communities around the world Community itself is a group of people who share not just living space but also ideas, belief, goods, and solutions to a common global issue. But in a wider perspective, a global community consist of the people or nations of the world, considered as being closely connected by modern telecommunications and as being economically, socially, and politically interdependent. How a Globalization creates a community of a global citizens? And what’s is the effects of Globalization on our local community?
The relationship between globalization and environment could not be analyzed merely based on evidence particularly favorable to one side and should be examined more comprehensively. Overall, the inexorable spread of globalization indeed promotes the awareness of sustainability and encourages international scientific and technical cooperation to overcome the environmental challenge. However, it is evident that globalization has produced grave damage to the environment of the entire earth. The selfishness of human nature and the competitive characteristic of globalization are the major obstacles people are facing when dealing with conflicts between the financial interests and the environmental ones. Nevertheless, this doesn’t mean the environmental issues are beyond remedy.
• Cheaply leveraging local labourers- local labourers are paid lower than the expatriates. 2. How does globalization affect governments and people of the Pacific? It links the Pacific countries’ government together and making them more interdependent as they face its impacts. Because they are made up of smaller islands and economies, they have form large regional organizations so they can work together to deal with common economic, political, social and environmental problems.
With these treatments available to all, life expectancy increases worldwide. In fact, John A. Charles, on the article “The Environmental Benefits of Globalization” (2004,P.187) mention, “The rise in living standards has had tremendous public health benefits as well. The infant mortality rate in the United States dropped from 29.2 per thousand in 1950 to 7.1 in 1997. Since 1980, the death rate for cancer has dropped more than 11 percent for individuals between the ages of 25 and 64.” He shows that, the life expectancy for all Americans rose through globalization.Globalization has altered the growth in flows of international trade. The tremendous expansion of global trade over the last few decades has driven economic growth in many developing and developed countries.
The globalization has impacted on education, economic, culture, language, food and others. Globalization also means the phenomenon that makes the world seem smaller in terms of human relations due to the speed of development of information technology. Human easily get information and difficult to filter the negative elements that permeate the hearts and minds. Some terms such as “borderless worlds” and “open skies” make such as trade, the development of political and economic power towards the development of civilization. Education is the process of receiving and giving systematic instruction, especially at school and university.