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Benefits and pitfalls of globalization
The effect of globalization on the environment
Globalization and its impact
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Globalization can both harm and help the sustainability of people around the world. It can be shown through many examples such as ship breaking and outsourcing that these can both hurt and help economies, they can both hurt and help the environment, and that they can both hurt and help overall quality of life in a country.
Because of globalization, many countries have gained economic power, but some countries have lost theirs. In the example of ship breaking, ships are sold to developing countries to be dismantled and turned into scrap metal for resale. This can help the economies of the countries the ships are sold to, because it provides jobs in a place where work might be scarce. Another example of this is outsourcing, because jobs are mover to countries where wages are cheaper and regulations are less strict the company can profit. This can also be good for the people of that country; they will have access to a job they may pay higher or be safer that what they already have. But outsourcing is a two sided coin; when jobs are moved, the workers who first held those jobs will lose them and will be out of work weakening the economy of the country the company was first based in. for example in Salaberry-de-Vallyfield, Quebec, when the two manufacturing plants closed hundreds of people lost their jobs, and 1500 were employed in Honduras, Nicaragua. Because it cost less to employ them there where there is little regulation and low minimum wage one economy grew, while one shrank. Because of other countries benefitting and others not, it can be proven that globalization does have both positive and negative effects on economies.
Another point that shows how globalization can have positive and negative effects is the environment. Agai...
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...it can be shown that globalization has both advantages and disadvantages, but the bad does not outweigh the good, and good does not outweigh the bad; globalization is a two sided coin and the organizations, companies, and countries that participate should be cautious and make sure that what they are doing is sustainable, and can help provide resources needed without taking away from future generations. Globalization can both harm and help the sustainability of people around the world.
Works Cited
"Globalization." BBC News. BBC, n.d. Web. 13 Jan. 2014. .
YPSA. "Ship Breaking." Ship breaking in Bangladesh. N.p., 2012. Web. 13 Jan. 2014. .
Gardner, Robert, and Wayne Lavold. Exploring Globalization. Toronto: McGraw-Hill Ryerson, 2007. Print.
Our global world is being more connected as we become integrated politically, socially and even economically. Due to the Bretton woods agreement, different countries have been economically dependent on each other in fear for war to erupt. From then on different organizations and policies tied more countries into being economic globalized. This economic globalization had then given us many opportunities in trades and more access to natural resources in other countries. Unfortunately, there are some negative effects that are brought to less developed country. Overall, many people believe that economic globalization does a great work on accumulating our economy and our quality of life.
Globalization helps many people achieve greatness. But for the majority it brings hardships and struggle. People will be plagued by the effects of globalization and will have a tough time over coming it. We are far from reaching a point where we can say we have sustainable prosperity throughout our world. But before we focus in on sustaining prosperity, we must first reach prosperity and bring it to all corners or the earth.
“Globalization contributes to sustainable prosperity for all people”. This quote contains mostly truth but there are also many arguments towards how globalization really does contribute to sustainable prosperity for people all around the world. This can be supported by three main points. How the rise of Japan’s economy effected the lives of millions of people. How shipwrecking effects the lives of both the ship companies and the workers in Bangladesh, and how economic growth contributes to the sustainable prosperity of the population in a specific nation. Sustainable prosperity can be defined differently from different individuals because of people’s personal opinions and their perspective is also effected by the people who influence their lives the most, but the main definition of prosperity is to have good fortune, or growth in an economic way. Globalization creates a gateway for sustainable prosperity to all people and gives people all around the world the opportunity to gain prosperity.
Under globalization, nations compete to attract foreign investors and corporate operators. Global investors seek those opportunities that offer the greatest promise of growth for their funds. Globalization has told us that in order to be competitive, a nation must orient its policies around encouraging and supporting economic growth despite whatever social deterioration and environment degradation caused. It is safe to say that globalization is definitely harmful to the well being of Canadians and any other people.
Here and there individuals allude to globalization as a path for huge partnerships to command and impact the world economy. Globalization has a tendency to take away exceptional social assorted qualities by regularly driving western world values and plans on everybody. It additionally has lead to outsourcing in a few nations (the USA has seen this with organizations like Apple and Nike). Indeed the spread of AIDS and different dieses could be faulted for globalization.
Many negative and positive thoughts have been given to the process of globalization. The proponents of globalization rather see the benefits of globalization, while the opponents have based their opinions on the disadvantages of globalization.
Globalization plays a large part in contributing to sustainable prosperity. I believe without globalization, many people and countries would not have sustained prosperity.
Globalization helps restrict movement of products, and ideas across national borders and regional lines. Bill Gates once said, “this is a very exciting time in the world of information. It's not just that the personal computer has come along as a great tool. The whole pace of business is moving faster. Globalization is forcing companies to do things in new ways.” I believe that the current stage of globalization is a good thing because, it’s creating jobs in third world countries, creating cheaper prices on products, and it’s creating competition between businesses.
Mobility has allowed human civilizations throughout history to reap the benefits of unrestricted, intercontinental trade, but there are environmental costs as a result which are not immediately apparent. There is no doubt that trade between nations has depleted natural resources, but the question as to whether current trade policies augment or temper environmental degradation is currently under contention. One view is that environmental regulations will create "pollution havens" in countries where there are less stringent regulations, simply relocating environmental damage to a country where the environment is worth less. The opposing view comes in the form of the "Porter hypothesis" named for Michael Porter and his suggestion that stringent regulations will encourage technological innovation among polluting firms thereby decreasing the rate at which the environment is damaged. The opposing views deal with current trade policies, but it is also important also to look at the effects that trade has had on the environment when trade policies were just taking shape.
Firstly, globalization has led to create the possibility of employment which decrease the poverty from developing nations such as every developing country face the problem related with jobs and unemployment and globalization provide different kind of jobs opportunity. Secondly, globalisation is also helpful for students as they can get education from various institutions worldwide and its really beneficial for not only for students but also for developing countries ,because students can use own knowledge for own countries. Next, globalization gives the options to customers to choose a variety of goods which raise the living standard of people from developing countries . Near about 50 years ago people 's of developing countries like to live in simple way, and they were use very less technological equipment, but after globalisation people of developing countries become more fissionable, using more and more things which are related with technology and make own life easy and comfortable because of globalisation.
Globalization refers to the absence of barriers that every country had. Yes, it has helped to demolish the walls that separated us .Globalization, which is the process of growing interdependence among every country in this planet, can be seen as a sign of hopeful and better future by some, but for others it represents a huge disaster for the whole world. That’s why we are going to see the negative effect that globalization has on culture then focus on the ethical disadvantage it brought, to finally talk about the damage it did to skilled workers.
... policies. People will continue to suffer in silence because of the world’s greed. So, while we enjoy our cheaply made goods and over consume the planet into demise, we never know of choose not to know the pain that went into the productions of those goods. Globalization may be championed as a gateway to financial growth for all nations, but only certain nations benefit from it. Global trading and integration has a negative effect on undeveloped nations and developed nations in many ways including; political systems, sovereignty, economy, way of life and much more. Earlier in the essay I asked ‘do the pros outweigh the cons when it comes to globalization’ and from my research I don’t see any real benefit. I don’t believe we should eliminate global business, but better the already lacking regulations and probably increase the standard of living equally for the world.
Globalization affects this world and the people of this world in many ways. It is the idea of making the entire world like a single country.
...get larger which results in difference in life styles of people. By comparing both the advantages and disadvantages of globalization we can understand that the advantages are more noticeable and have greatly benefited the human life.
Globalization is a global process that is changing the world. I would also like to discuss what are the benefits and drawbacks of globalization in the world from different perspectives.