martes, 21 de julio de 2009

Advantages and Disadvantages of Globalization

Some Advantages
  • Increased free trade between nations
  • Increased liquidity of capital allowing investors in developed nations to invest in developing nations
  • Corporations have greater flexibility to operate across borders
  • Global mass media ties the world together
  • Increased flow of communications allows vital information to be shared between individuals and corporations around the world
  • Greater ease and speed of transportation for goods and people
  • Reduction of cultural barriers increases the global village effect
  • Spread of democratic ideals to developed nations
  • Greater interdependence of nation-states
  • Reduction of likelihood of war between developed nations
  • Increases in environmental protection in developed nations
    Some Disadvantages
  • Increased flow of skilled and non-skilled jobs from developed to developing nations as corporations seek out the cheapest labor
    Increased likelihood of economic disruptions in one nation effecting all nations
  • Corporate influence of nation-states far exceeds that of civil society organizations and average individuals
  • Threat that control of world media by a handful of corporations will limit cultural expression
  • Greater chance of reactions for globalization being violent in an attempt to preserve cultural heritage
  • Greater risk of diseases being transported unintentionally between nations
  • Spread of a materialistic lifestyle and attitude that sees consumption as the path to prosperity
  • International bodies like the World Trade Organization infringe on national and individual sovereignty
  • Increase in the chances of civil war within developing countries and open war between developing countries as they vie for resources Decreases in environmental integrity as polluting corporations take advantage of weak regulatory rules in developing countries

2 comentarios:

playhacker dijo...

Economic globalization is a surprisingly controversial process. Surprising, that is, to the
many economists and policy makers who believe it is the best means of bringing prosperity to the largest number of people all around the world. Proponents of economic globalization have had a tendency to conclude that dissent and criticism is the result of ignorance or vested interest.
They have argued that anti-sweatshop campaigners do not understand that conditions in the factories owned by multi-nationals tend to be better than those in comparable domestic firms; that environmentalists are denying the world's poor of the right to develop freely; and unionists in developed countries are protecting their interests at the expense of the workers in poorer parts of the world.

ale gómez dijo...

I don't think it is a realistic option to be "against" globalization, as it is an unstoppable force powered by advancing technology and the aspirations of ordinary people. I believe those of us who have concerns about equality and justice need to use our voices to influence the direction that globalisation takes. Turning the clock back is not an option.

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