Globalization

Topics: Globalization, Human Development Index, Developed country Pages: 2 (953 words) Published: November 3, 2014

Globalisation is an important process that has strongly influence in all over the world. Different countries are affected by globalisation in many aspects, such as tourism, transportation and economy. In the 1960s, the word "Globalisation" was existed, but the influence of globalisation just limited in financial and academic aspects. In the late of 20 century, globalisation can affect various aspects and not restricted in financial aspect. Due to the development of communication, the globalisation has become more powerful. Meanwhile, the anti-globalisation is increasing. Generally, many countries think globalisation is a positive progress for them. However, some other countries were against it. This essay will focus on two aspects that is influence of globalisation on international policy and economics. This essay will discuss the positive and negative effects on the two aspects. So, what is Globalisation? It is a difficult concept to define. There are still some debate about what globalisation exactly is. For example, a famous expert-Collins (cited in Jeffery, 2002) defines that Globalisation is "process enabling financial and investment markets to operate internationally, largely as a result of deregulation and improved communication." This point was shown Collins's opinion for what is globalisation, and globalisation is important in economic area. However, Jeffery (2002) believes that Globalisation is a phenomenon which show a tendency of prevalence and describe every new things appearing today in all over the world. In fact, both Collins and Jeffery are right. Different years will have different definition of Globalisation. Both them state some concept of Globalisation. This show that globalisation is continuing to develop in the world. For economics there are a number of advantages have influenced by globalisation. Stiglitz (2002) believes that many countries are growing fast due to open the international trade than other countries which not open the...
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