Globalization has led to an increased dependency ratio hence declining the state roles. Many of the global south countries have become socially, structurally, and economically dependent on world powers like the USA for military and financial aid. Globalization has involved the liberation in trade, investment, and finance due to minimal administrative obstructions; requiring the weaker states to obtain services from countries with comparative advantage (Laurence,
Globalization has to a great extent affected the ecological factors as it has expanded the level of a worldwide temperature alteration, exhaustion in the ozone layer, the ascent in the ocean level and lessening in the water supply as it is subject to expanding measure of transportation, generation. Globalization has its advantages and disadvantages. The individuals who bolster globalization conceives that globalization could help expel destitution and joblessness. For instance, free exchanges advances monetary development, makes employments, and rises rivalries inside nations. The consummation prompts diminish in the costs.
Having Globalization supports free and better trade all over the globe. However, Globalization can have a negative effect on the world. Employment can decline in a globalized world, It can hurt nations economy, and If country’s cant function together it can create global strife. Globalization is a positive force for the world because it promotes free trade. In a globalized world, free trade is one of the main factors that contribute to globalization.
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?
Incidents like these create more division than unity, and they build walls instead of bridges. Here hatred and fear often find room to grow. This reduces the more positive effect of globalisation, which earlier mentioned is the knowledge which is spread around globally. Globalisation has great impact on the international economy, and the lives of workers internationally. Globalisation has furthermore led to xenophobia and racism through jobs being deported.
The process stimulated a worldwide industrialization competition that drew its power from the exchange and consumption of resources, the consequences of which are reminiscent of Easter Island’s collapse. Furthermore, globalized trade provided opportunities for the plague and influenza to infect an incredible number of people. Such consequences of globalization have destabilized society and established a culture of paranoia, which technological advances have failed to overcome. So although globalization is praised for having created a closer and more interdependent global community, it is this very connection that brought about environmental and physical suffering throughout
We can still say that not everyone really celebrates the traditions, but at least we are empathetic about the people who celebrate them, which makes understanding between people of other cultures and our own better. So this allows culture to be more freely practiced. Therefore, globalisation does have positive impacts on culture because it allows people to exchange commodities and ideas creating a progressive society in terms of culture. In conclusion, globalisation impacts culture negatively because it brings down people’s self-identity by excluding minority cultures and it brings upon loss of individualism as creativity can no longer be supported by familiar cultures. Yet, globalisation allows information to be exchanged regardless of cultural backgrounds as globalisation brings awareness of other cultures and our
Globalization has both positive and negative impacts on global sustainability. In spite of some negative impacts caused by globalization on global sustainability and some unaccomplished goals of SDGs since 2000, the success of the MDGs (Millennium Development Goals) agenda also proves that global cooperation is likely to slowly improve the whole world, and achieve the milestone of global sustainability. We need to ensure that the all nations work together and help each other to continue developing global sustainability
however globalisation can also bring a negative impact to developing countries. Certain MNCs transfer thier technology to developing countries as those technologies might cause health problem to employees as well as local citizens in the country. Globalisation can bring good and bad effects to a country. Development in undeveloped countries through globalisation may be able to reduce the amount of population living below poverty level with the help of job creation taking place in country.Local citizens are able to get a job and ensure survival of thier family and improve thier living
The negative impacts of globalization focus onthe destruction on the environment that is export-oriented. On the other hand, thepositive impacts are the multinational companies research into technology that iseco-friendly and an increase in environmental awareness. A