People all over the world become closer than never before. Globalization is the spreading of anything worldwide. The most common example is multinational corporations like McDonalds. The big bright yellow triple ‘M’ is easily recognized around the world. First of all we have to look at the meanings of the globalization term ‘one is empirical, it refers to the actual structural changes that are occurring in the way the global economy is organized and integrated’. The second ‘refers to the neo-liberal, free market ideology of the globalization project’ (Dicken, P. 2015).
Globalization it is a term used to describe the process of integration on a worldwide scale of markets and production’ (Britton, C. 2014). Globalization made a big way in the last for decades and now is everywhere. The term is being used by politicians, journalists, commentators on the radio and television, academics, by business or trade. Globalization it is the effects of people and places. In those essay I would like to give examples about strength and weakness of globalization. This essay will look at the advantages and disadvantages of globalization.
Looking from the optimistic standpoint, supporters of globalization argue that is has potential to make it world better place to live, because of the increased globalization all countries can benefits from the international trade, which is exchange of capital, goods and services across borders (Gokh, I. 2018).Trade impacts on the lives of people. The range of the products is produced and available for consumers. Trade influenced for all peoples life, affecting the range of goods available for consumption. Flows of products and goods between countries helps growth and develop the economy. During the late 1980s and early 1990s, Latin American countries took off their trade barriers and they create labor market reform. Two decades later, these countries reached doubled of their trade-to-GDP rations and benefits to better access to foreign markets (Cosar, A. 2016). The past 25 years international trade growth and world economies have been more connected. China is a leader in global business, Eastern European economies joined the European Union in 2004. Both of those changes led to increase of import in some of the UK manufacturing sectors. The UK’s automotive industry has been one of the biggest. The production has increased 60 % since 2010 (Ebell, M. 2017).
People ideas, experiences and knowledge move more easily around the globe. The communication was improved via internet and television. Students wants to be competitive to get a good job in the future. Globalization offers tools like technological developments, online platforms which are used in teaching foreign languages. Information and communication provide opportunities to communicate. Teachers can find a better material for students, more interesting and attractive. Language teachers can provide specific blogs where they can organize materials, video clips, useful pages or links and addresses and give tips. Both side can get a feedback, start discussion (Petcovici, T. 2016 ). Cultural globalizations shows different ideas, meanings and values all around the world. We are using same technology, internet, eating the same food but still, we are different from each other. ‘Population in India might drink Coca Cola and listen western music, but this does not mean they hold the same views as the west.’ (Dicken, P. 2015).
The past decades have observed globalization of the economic growth. The process of globalization has increased in innovation in areas such as technology, finance, new ideas and a variety of products. Those activities help use innovation from overseas and into products, services, licenses outside, on the foreign markets. Many countries are included in international economy. Globalization is a useful tool. All activities provide an increase in productivity, better competition, lower prices of the products, and the variety of different products. Globalization helps to be more competitive and creating the lowest costs of products. At the end, it helped to open the new markets and access to raw materials and resources Countries like Brazil, Russia, India, China, south Africa (BRICS) are the most important competitors in the world market. The Indian Economy wants to be on top with their products. The key of the Indian Economy are micro small and medium Enterprises. They are the major reason of the economic growth in India. Around 20 % of the Indian MSMEs are located in the rural areas and they provide 40 % of the employment opportunity of the India’s labor force. According to data of the Reserve Bank of India, between 2015 and 2016 the MSME hired around 117 million of people in more than 51 million enterprises. Indian companies produce more than 800 of different products. One of the largest industries in India is Coir fibre with around 80 % of the total world production in Coir Fibre (Mukherjee, S. 2018).
We are going to see the negative effect that globalization has on culture then focus on the disadvantages of the trade. Globalization may affect gender. There is a fact that women earn less money than men, the examples are, Scandinavian countries especially in the private sector. In the larger business exporters demanding flexibility from their employees. For example, many firms require working until late hours to communicate with customers in the different time zones, business trip as well. They want employees to be available 7 days a week 24 hours a day. It is said they women are less flexible. The female divides her time between working at the farm and child care. Today’s access to technology via phone, email helps to make business easier. Blair-Loy and Jacobs (2003) the stock brokers stated that the pace of work increased in the recent years due to new technologies and globalization. According to employee research women are seen as those who should stay home and take care of family. There is an example between exporters and non-exporters and the labor force at the two types of firm. The research found out that the average wage to women is 24% lower than the one which is paid to men, what is more exporters pay women 20 % less (Boler, E.A. 2018).
Rich countries focus on a things requiring skilled workers, poor countries produce goods requiring large amounts of unskilled employees. The influence of digitals is changing the world. The world economy is being shared means work can be split all around the world. Machines are replacing people at work. Digital do not need workers anymore. The capital of Facebook is worth $500 billion and hired just 20.000 people. Workers are having a cheaper competition from the low costs labor in India. Creating enough amounts of jobs is a new global problem. Americans expert ideas is to support low-income workers by putting up higher the minimum wages or offering the tax credit. The serious problem of globalization in developed countries is the loss of production to developing countries. Most of the companies in developed countries moved their manufacturing industries to the other countries with the lower costs. Increased imports products outside of U.S. from the low paid countries is causing competition. Powerful companies outsourcing labour to the cheaper Asian markets and maximizing profits by cutting expenses to the bare minimum. The 230.000 employees often work 12 hour a days, 6 days a week. The average worker earns less than $17 a day. Fifteen workers threatened a mass suicide to protest the working conditions of the factory. Most of them are having a health problems. In 2007 employees worked more than 60 hours a week, 15 years olds were hired, and records were falsified. Working condition is not the only one issue for the Apple. Engineers which Apple needs to assemble the products, barely works for the United States since they are all ‘made in China’ For the United States of America, that is 700,000 jobs which could helps with the high unemployment.
The consequences of globalization increased international trade and generate pollution. Wasted are produced from the companies connected to the international trade. Carbon dioxide is a gas used in transport. China was the world’s largest carbon emitting country in international transport, consumption and production. We should pay more attention according to the CO2 emission from the international trade in order to limit of global emissions. The Paris agreement in 2015 is a part of climate changes in 194 countries around the world. Among six different gases, 52 % is CO2. Because of the international trade grown, international transportation grown as well. In 2015 trade services were 16,500 billion USD and 2700 billion USD. International trade by sea, air is generating much more carbon emissions. In 2007 CO2 emission were 870 million tons. International trade is responsible for 33% of world trade emissions and 75% for the manufacturing categories. Emissions from the air and maritime sector increased 90% and 64% compared to 1990. The forecast of the CO2 emissions show that maritime transport will increased up to 250%. The energy consumption in China between 1987 and 2007 increased. In the City Beijing production growth and population was the reason of the emission growth. Therefore, discussion about carbon emissions and production should receive more attention in the future of global pollutions (Young Y, 2018).
Globalization spread the terrorism from Asia and Middle East to the U.S. and Europe. Migration of people from one country to another often brings disadvantages such as terrorist in the other countries. Tradition and religion based in different the countries. Some rules may be broken, the example is McDonald and their beef burger. In the Hindu religion beef eating is forbidden. Globalization brought a lot of various based around the world. AIDS, West Nile various and the other flue. In 2017 the global total diseases treatments totaled $48.9 billion. Globalization and associated like travels migrations are the problems of the diseases increased. By 2022 the treatment expected to grow about 99$ billion.
Globalization has been going on for thousands of years. Globalization is needed by society and country to develop countries. Technology helps world come together in many ways, created better and more developed place to live for the poor countries. Access to the variety of products and the consumption. People can easily travel around the globe. Trade barriers and not closed anymore. We are able to work and study abroad. Communication in the different times zone was improved. There are still some negative effects. Rich countries are using low costs labor in the less developed nations which results in the high unemployment in the country exporting the work. Environmental effects of the international trade and the total pollution emissions increased from the 1993 to 2001. Terror, diseases these are the problem world have to deal with.
The progress, and happiness is the beauty of globalization.
Globalization is really powering. There are both good and bad sides. The one is sure, it will stay with us forever.