Does Globalization Benefit Both Developed And Developing Countries

Topics: Globalization, Multinational corporation, Corporation Pages: 2 (821 words) Published: March 10, 2015
Does globalization benefit both developed and developing countries? Globalization is regarded as the process of shorten the distance, in many aspects, of our world. The benefit of globalization is said to be high efficiency and the growth of gross domestic product (GDP). Some sociologists believe that globalization benefits more at developed countries than developing countries.

Due to the development of public transportation and mass media, the concept of world become smaller and smaller. We now can travel from one side of the world to the opposite side of it within one day, which might take months in the past. People can experience different culture easily by convenient public transportation. Thanks for mass media, the information can be spread fast and powerful these days. People can hold activities and even a strike on it. For example, Tunisian Revolution, also known as the Jasmine Revolution, was sparked by the self-immolation of Mohamed Bouazizi at Tunisia on 17 December 2010. Tunisian philosopher Youssef Seddik believed it spread on mainstream media, such as Facebook, faster in foreign countries rather than Tunisia itself. However, there are some people criticise the mainstream media gave less coverage and less sympathy to this revolution at the same time. These are the power of globalization in media. Both developed and developing countries benefit from it.

Regarding to economic, tourism become an important income for government, especially countries such as Australia and New Zealand. Singapore is another example. Although they don’t have rich natural resources, the excellent position and government’s policy make them one of the Four Asia Tigers in 1990’s. At this term, globalization benefit both developed and developing countries.

Multinational Enterprise is another result of globalization. These transnational corporations make huge amount of money due to its enormous colony throughout the world. Enterprise such as McDonold, Starbucks, Apple...
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