What Is Globalization, and Is It a Positive Force for Good in the 21st Century.
What is globalization, and is it a positive force for good in the 21st century.
It is hard to define globalization and seems “easier to describe than to define” (Kiggundu, 2002:3). “Globalization has become, the most important economic, political, and cultural phenomenon of our time. Around the globe the integration of the world economy is not only reshaping business but also reordering the lives of individuals, creating new social classes, different jobs, unimaginable wealth, and, occasionally, wretched poverty and globalization is neither new nor complete” (United Nations Development Program, 1999:1). Globalization affects everyone across the globe but will most likely have a different affect on different people, therefore there are and used to be many various opinions on globalization and on its affects.
If you look at globalization and no matter what opinion you have on it, it has brought the world to how it is known today. In some countries the benefits have been dramatically diverse, it lead to wealth, increased health and higher security. It increased the standard of living in more developed countries. In some however inferior benefits were provided by globalization, this was generally the case in less developed countries. For less advanced countries it does not always have to be inefficient, it can also provide opportunities to increase the countries economic, political and cultural development. Economics has been the driving force for globalization, such as trade agreements between countries or the introduction of free trade and the lowering of transportation and communication costs. Whether a country is for or against globalization one of its main interests is going to be economic growth and development in order to be able to provide a higher standard of living to its population. Without the movement to a more efficient economy a high standard of living cannot be provided. Main economies such as the ones of the United States of America or East Asia and
It is hard to define globalization and seems “easier to describe than to define” (Kiggundu, 2002:3). “Globalization has become, the most important economic, political, and cultural phenomenon of our time. Around the globe the integration of the world economy is not only reshaping business but also reordering the lives of individuals, creating new social classes, different jobs, unimaginable wealth, and, occasionally, wretched poverty and globalization is neither new nor complete” (United Nations Development Program, 1999:1). Globalization affects everyone across the globe but will most likely have a different affect on different people, therefore there are and used to be many various opinions on globalization and on its affects.
If you look at globalization and no matter what opinion you have on it, it has brought the world to how it is known today. In some countries the benefits have been dramatically diverse, it lead to wealth, increased health and higher security. It increased the standard of living in more developed countries. In some however inferior benefits were provided by globalization, this was generally the case in less developed countries. For less advanced countries it does not always have to be inefficient, it can also provide opportunities to increase the countries economic, political and cultural development. Economics has been the driving force for globalization, such as trade agreements between countries or the introduction of free trade and the lowering of transportation and communication costs. Whether a country is for or against globalization one of its main interests is going to be economic growth and development in order to be able to provide a higher standard of living to its population. Without the movement to a more efficient economy a high standard of living cannot be provided. Main economies such as the ones of the United States of America or East Asia and