what are some positive effects of globalization essay

Globalization’ Positive and Negative Effects

Positive effects, negative effects.

A lot of attention is paid today to the process of globalization, but the general public often lacks understanding of this concept and its influence on the world. In general, globalization is expected to modernize communities and provide them with international recognition. Globalization is often characterized by the usage of improved technology, increased movement of people and money, diffusion of knowledge, and development of non-governmental and multinational organizations (Collins, 2015). Thus, it is critical to know when dealing with interaction and integration, among various countries, both the positive and negative effects globalization may have on their economy, politics, and culture.

Globalization begins in developed countries and tries to expand out to further destinations, giving these countries the opportunity to interact and improve economic conditions, as well as increase the population’s standard of living. In this way, it provides more scope for others to benefit from having more opportunities. Developing countries also gain the chance to move forward and enjoy economic success and an enhanced quality of life. Competition between, and within, countries is critical for business. Globalization strengthens this, ensuring reasonable prices and lower rates for the production of goods (Hite & Seitz, 2016).

It can also be seen as a tool to assist those in need. There are many people all over the world who are in a vulnerable economic position, lacking access to clean water, decent healthcare services, and without protection of their human rights. Due to the increased use of media, and interactions, under globalization, these issues gain greater attention from governments, non-governmental organizations, and the general public (Steger, 2013).

As a result, people become more aware of things happening in the world and cooperate in order to assist these populations and make their lives better. Globalization brings different nations closer to one another. It allows them to share their cultures and traditions through music, art, movies, etc. In this way, human beings become more open to one another; they seem to be ready to accept changes, and consider opposite points of view. It is also beneficial that countries have an opportunity to use innovative technologies developed by one another so that they do not need to face the strain of their creation over and over. Many nations deal with the same crucial issues, and find difficulty in trying to overcome them. Globalization enables them to cooperate and achieve common goals faster.

One of the most critical negative effects of globalization deals with the gap between social layers (“Globalization,” 2015). Receiving an opportunity to extend their businesses and cooperate with foreign partners, people with high incomes obtain an opportunity to increase it even more. Unfortunately, such improvement is not observed among the low-income population, as they tend to become poorer (Goodman, 2016). Globalization promotes outsourcing and encourages people to go to foreign countries.

Thus, some countries may lack jobs or resources. In addition to that, a close interaction between different nations makes people forget some of their traditions and values, which can have a detrimental effect on maintaining cultural heritage. Finally, some natural products may be dangerous to non-native ecosystems, which could affect the safety of both people and the environment (Ritzer, 2011).

As has been shown, globalization can have various effects on countries, people, and their environment. It is not possible to determine whether the pros or cons dominate in this framework. While the tendency to engage in the process can be observed worldwide, regardless of all precautions, each country should consider the risks of taking part in globalization individually. However, it is without doubt that globalization ultimately encourages countries to be more willing to cooperate with each other and, thus, helps in realizing both personal and mutual goals in a much quicker and more efficient way.

Collins, M. (2015). The pros and cons of globalization . Web.

Globalization: An overview of globalization and its positive and negative aspects . (2015). Web.

Goodman, P. (2016). The pros and cons of globalization . Web.

Hite, K., & Seitz, J. (2016). Global issues: An introduction . Hoboken, NJ: Wiley-Blackwell.

Ritzer, G. (2011). Globalization: The essentials. Hoboken, NJ: Wiley-Blackwell.

Steger, M. (2013). Globalization: A very short introduction . Oxford, UK: Oxford University Press.

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Globalization as a positive factor Essay

Introduction.

Globalization is defined as the integration of ideas, values and culture among different nations across the globe. People around the world share ideas in the different fields of practices such as technology and economy. Since the emergence of globalization, nations have realized its importance in the different spheres of life. It has facilitated the movement of people across the world and has made it easy for people to interact.

Through globalization, nations have been able to realize many benefits associated with the globalization of the economy. The essay therefore explains the importance of globalization, the economic impact on individuals and countries and how the international security system has been affected as well as the factors that have supported the growth of globalization.

Benefits of globalization

The introduction of globalization across the world has yielded many positive results that have helped in the development of individuals and nations. The benefits of globalization are therefore discussed as follows.

Due to globalization, many companies have been able to source employees for better productivity in the companies. This is because companies with employees from different backgrounds increase the productivity due to the pool of ideas.

Developed countries have been able to create employment opportunities for people from developing countries and this has given them an opportunity to explore the untapped resources in the developing countries hence being able to invest in the emerging markets (Shiva 2005, 1).

Increased competition

Due to globalization, producers have faced stiff competition in the market and this has contributed to easy accessibility of products and services at affordable prices. The stiff competition in the market has led to the production of high quality products and services since domestic companies have no option rather than producing quality goods and services for them to gain advantage in the market.

Individuals from different nations enjoy the variety of products and services in the market because companies are compelled to generate new products and services, which are unique for them to survive in the market.

This has therefore increased the living standards of people worldwide and improved the economy of countries since they do not spend a lot of their resource in achieving what they need if it can be acquired cheaply from other countries (The Economist 2011, 1).

Investment and capital flow

Many companies have invested in countries where there are opportunities hence increased their capital flow. Most developing countries have high chances of increasing their capital flow since they are able to invest in developing countries, which have resources but lack enough capital to explore them.

Globalization has given developed countries an edge to excel in the market due to improved technologies which many companies in developing countries lack and this has given them greater opportunities to invest (Shiva 2005, 1).

Foreign trade

Globalization has made foreign exchange easy among countries due to the agreement on how to operate the business. The set rules and regulations have given people opportunities to operate in different spheres of business without any panic as compared to ancient times when people could snick products to other countries.

This has again increased the living standards of individuals since they are able to acquire what they require without much strain and at cheaper prices as compared to the era when foreign trade was not legalized.

Foreign trade has therefore become friendly to all individuals even to the uncivilized since there are organizations like the World Trade Organizations (WTO), which unite them hence operating comfortably (International Monetary Fund 2000, 1).

Technological knowledge

Globalization has greatly contributed to the sharing of knowledge, which has led to the innovations among nations. Initially, the knowledge of technology and innovation was in the western countries but later spread to other countries, which has led to improved health facilities in developing countries. The political as well as the economic knowledge has developed better methods of agriculture hence increased productivity.

In the section of politics, most countries have achieved democracy, which has resulted to better economy in different nations since individuals are well informed about political matters. This has also made other countries to be more powerful since they are able to exert pressure on the political systems of other countries (Stiglitz 2008, 1).

Integration of culture

Through globalization, people have been able to become citizens of other countries due to search for employment or opportunities to invest. People of different backgrounds have different cultures and when they interact, they are forced to leave some of their beliefs and adopt new values from other culture, which are of benefit to the development.

Due to the free interaction between people of different cultures societies just like individuals have developed new cultures due to influence from other cultures and dropped their own which they feel are not of any value such as dressing styles, cooking styles and other values of culture like music and art (Romer 1986, 6).

Globalization has accelerated the growth of education across the world. Individuals are free to move from one country to another in search of the better forms of education to acquire the necessary knowledge and skills for the chosen career paths.

People are also able to carry out research on various projects in other countries to acquire the necessary knowledge to develop the home countries. For example, Japan is well known for efficiency and high quality and many countries send their people to learn there and apply the knowledge in their countries (Pankaj 2007, 6).

Legal and ethical effects

Before globalization, countries had hard times to prosecute the criminals because of the jurisdictions that existed among nations and criminals could therefore escape the law once they sought refuge in other countries. Due to globalizations, the problem has been solved through the introduction of the international courts of justices, which handle cases of such criminals by bringing them forward for the law to be imposed on them.

Countries have also been able to join hands together and fight against terrorism since there is mutual understanding between the security agencies. This has assisted to curb such cases of crimes hence creation of security (Ritzer 1993, 36).

Environmental and social concerns

Globalization has contributed to the formation of organizations that cater for the environment as well as the social activities. Nations have joined hands to form organizations, which monitor the climate and the environment such as UNEP (United Nations Environmental Programmed), and many other organizations, which have assisted in the reduction of production fluctuations in countries.

Globalization has therefore resulted to better resolutions across the globe in reference to technology, economy and culture. The effect of economic integration and globalization has created many changes in the face of individuals and countries.

For this aspect of economic integration to come to reality, technology has contributed in terms of communication and transportation for business to take place among the countries. Economic integration has contributed to the following benefits (Mulgan 1998, 46).

Creation of financial opportunities

Globalization has made many people realize their dreams in the businesses since they are able to acquire the financial support they need. Before the emergence of globalization, many companies were not able to access the funds they required to develop their businesses since they were limited to local sources for their capital but due to globalization, companies have been able to access money from other developed countries.

For instance, the World Bank is an international organization, which enables companies, and developing countries receive loans for developing at friendly rates (World Bank 1999, 1).

The small business enterprises are also able to access loans to develop their businesses since there are groups, which lend money to people at a non-profit rate, and individuals across the world are able to access them.

In the global economy, the companies can seek foreign investors from any country to invest in their businesses. This has increased the economy of countries as well as improving the living standards of individuals (IMF Issues Brief 2008, 1).

Language changes

Economic globalization has resulted to changes in language since people of different communities with different languages are involved in the business. Before the introduction of foreign trade, many people used to speak in their native languages since trade was done within their territories. Due to globalization, many people have learnt other foreign languages for easy communication.

This has therefore made some languages to be recognized as international like English, which is used as a professional language.

This has led to better ways of communication, which has facilitated unity among nations since people are able to understand one another and the appreciation of other languages that people never recognized. For instance, the Mandarin Chinese is a language that has become of interest among the Americans (Naim 2009, 1).

Cultural impact

Economic integration has created changes in the culture of different countries and communities. Through foreign trade, people have been able to buy new products from other countries, which are designed according to their cultures, and this has led to the appreciation of different cultures.

Many countries have adopted different cooking styles especially in developing countries’ hotels to be able to accommodate people from other developed countries whom they trade with like the Americans and the Japanese. This has therefore resulted to unity among the nations (Castells 2001, 45).

Commercial advances

Due to economic integration, many commercial advances have been realized in different countries. Through this integration, various products and consumer items have gained an edge in the market as compared to the ancient times before economic integration where people could not appreciate goods and other consumables from some foreign countries.

Companies like Coca Cola, Sony and many others have managed to manipulate themselves across the world. This has contributed to the popularity of some products, which were not recognized in some countries hence increased income that increases the economy of a country as well as improving the living standards of individuals (Foreign Policy 2002, 2).

Globalization is accepted by different political arenas due to its benefits to the members. Globalization has therefore been accepted and is likely to continue surviving due to the following factors.

Improved technology in communication and transportation

Due to improved technology in the field of communication and transportation, people have been able to communicate to each other and move across the world with easy.

Through the introduction of internets and phones across the world communication has been made easy that people from different geographical places can communicate as if they are talking face to face when making business deals. Through such devices, people are able to share ideas, which help them develop (Cogburn 1998, 2).

Improved technology in transportation has accelerated the growth of globalization since people from different countries are able to move from one place to another for conferences to discuss globalization issues. Improved transport has also enabled the movement of products from one country to another.

Governments have therefore helped in the realization of globalization by constructing airports and seaports for smooth running of businesses across the world since people are able to move from one country to another within the shortest period (Cha 2000, 3).

Economic liberalization has assisted in the growth of globalization by signing agreements, which enable individual and companies to trade.

Many nations have therefore signed policies like free trade agreements, accepted investors into their countries without any restriction and this has accelerate the rate of globalization growth. Through such treaties, countries have improved their economies and the living standards of the citizens (Bhagwati 2008, 1).

Through human migration

Countries have allowed free movement of people from one nation to another and this has led to the sharing of ideas, technology and cultural values.

Due to search of employment in foreign countries and opportunities for investment, people have been able to share the cultural values since they drop some of the values and adapt new ones to fit in the environment. Through such movements, people are able to improve on technological ideas that contribute to globalization (Giddens 1990, 56).

Through capitalism, individuals are able to pursue their own interest without restriction. For instance, when someone want to develop his/her career he or she is free to choose the institution, which has made it easy for people of different background mingle and stay as one family (Freidman 2005, 1).

Due to democracy, countries have been able to implement laws and regulations, which protect the interests of individual as well the right of the minorities in societies. Such laws have therefore led to the growth of globalization since individuals are able to exercise the authority for instance moving to a different country, or buying of products from other countries even if they are produced within the home country (Bhagwati 2011, 1).

Popular culture

The popularity of music, movies or actors has increased the change in cultural values since people listen to music or watch movies of different cultures, which has led to the appreciation of other people’s cultures. By appreciating a different culture, many people end up adapting it and this has led to globalization (Klein 1999, 1).

Globalization has become wide spread across the world since many individuals and countries are able to benefit. It has led to improved economic status of countries since they are able to export the products and services to receive money for developing their countries as well as reducing the cost of production through importation of the products.

Individuals have also improved their living standards through the creation of employment and easy way of accessing goods and services at a reduced price.

Bibliography

Bhagwati, Jagdish. 2011. Multinational corporations and development: Friends or foes. Web.

Bhagwati, Jagdish. 2008. “ Why the Critics of Globalization are Mistaken ” Handelsblatt . Web.

Castells, Michael. 2001. Information technology and global capitalism on the edge: Living with global capitalism, ed. W. Hutton and A. Giddens. London: Vintage.

Cha, Victor. 2000. Globalization and the study of international security. Journal of Peace Research 37: 391-403.

Cogburn, Douglas. 1998. “Globalization, knowledge, Education and Training in the Global World”, Conference Paper for the Info Ethics 98, UNESCO . Web.

Freidman, Thomas. 2005. “Wake Up and Face the Flat Earth,” YaleGlobal . Web.

Foreign Policy. 2002. ‘Globalization’s Last Hurrah? Foreign Policy . Web.

Giddens, Andrew. 1990. The consequences of modernity . Stanford: Stanford University Press.

IMF Issues Brief. 2008. “ Globalization: A Brief Overview ” IMF . Web.

International Monetary Fund 2000. Globalization: Threat or opportunity, International Monetary Fund .

Klein, Naomi. 1999. “ Rebels in Search of Rules ” New York Times . Web.

Mulgan, Glenn. 1998. Connexity: Responsibility, freedom, business and power in the new century (revised edition). London: Viking.

Naim, Moises. 2009. “Globalization,” Foreign Policy . 171: 28-34. Web.

Pankaj Ghemawat. 2007. Why the world isn’t flat. Foreign Policy 159: 54-60.

Ritzer, George. 1993. The mcdonaldization of society . Thousand Oaks: Forge Press.

Romer, Paul. 1986. Increasing returns and long-run growth. Journal of Political Economy 94: 1002-37.

Shiva, Vandana. 2005. “ The polarized world of globalization ”. Web.

Stiglitz, Joseph. 2008. Making globalization work: The 2006 Geary lecture. The Economic and Social Review 39: 171-190.

The Economist. 2011. A game of catch-up, special report : The World Economy 24, no. 9. Web.

World Bank. 1999. World Development Report 1998/99: Knowledge for Development. Washington: World Bank. 9. no. 8.

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✍️Essay on Globalisation: Samples in 100, 150 and 200 Words

• Updated on  
• Oct 25, 2023

Globalisation means the combination of economies and societies with the help of information, ideas, technology, finance, goods, services, and people. It is a process where multinational companies work on their international standing and conduct operations internationally or overseas. Over the years, Globalisation has had a profound impact on various aspects of society. Today we will be discussing what globalisation is and how it came into existence with the essay on globalisation listed below.

This Blog Includes:

How globalisation came into existence, essay on globalisation in 100 words, essay on globalisation in 150 words, essay on globalisation in 200 words.

For all those unaware, the concepts of globalisation first emerged in the 20th century. Here are some of the key events which led to the development of globalisation in today’s digital world.

• The ancient Silk Route as well as the maritime routes led to the exchange of goods, ideas and culture in several countries. Although these were just trade routes, but later became important centres for cultural exchange.
• Other than this, the European colonial expansion which took place from the 15th to the 20th century led to the setting up of global markets where both knowledge and people were transferred to several developing countries. 
• The evolution and exchange of mass media, cinema and the internet further led to the widespread dissemination of cultures and ideas.

Also Read: Essay on the Importance of the English Language for Students

Globalization, the interconnectedness of nations through trade, technology, and cultural exchange, has reshaped the world. It has enabled the free flow of goods and information, fostering economic growth and cultural diversity. However, it also raises challenges such as income inequality and cultural homogenization. 

In a globalized world, businesses expand internationally, but local industries can suffer. Moreover, while globalization promotes shared knowledge, it can erode local traditions. Striking a balance between the benefits and drawbacks of globalization is essential to ensure a more equitable and culturally diverse global community, where economies thrive without leaving anyone behind.

Also Read: Essay on Save Environment: Samples in 100, 200, 300 Words

Globalization is the process of increasing interconnectedness and interdependence among countries, economies, and cultures. It has transformed the world in various ways.

Economically, globalization has facilitated the flow of goods, services, and capital across borders. This has boosted economic growth and reduced poverty in many developing nations. However, it has also led to income inequality and job displacement in some regions.

Culturally, globalization has resulted in the spread of ideas, values, and cultural products worldwide. While this fosters cultural exchange and diversity, it also raises concerns about cultural homogenization.

Technologically, globalization has been driven by advances in communication and transportation. The internet and smartphones have connected people across the globe, allowing for rapid information dissemination and collaboration.

In conclusion, globalization is a complex phenomenon with both benefits and challenges. It has reshaped the world, bringing people closer together, but also highlighting the need for responsible governance and policies to address its downsides.

Also Read: Essay on Unity in Diversity in 100 to 200 Words

Globalization, a multifaceted phenomenon, has reshaped the world over the past few decades. It involves the interconnectedness of economies, cultures, and societies across the globe. In this essay, we will briefly discuss its key aspects and impacts.

Economically, globalization has led to increased international trade and investment. It has allowed companies to expand operations globally, leading to economic growth in many countries. However, it has also resulted in income inequality and job displacement in some regions.

Culturally, globalization has facilitated the exchange of ideas, values, and traditions. This has led to a more diverse and interconnected world where cultures blend, but it can also challenge local traditions and languages.

Socially, globalization has improved access to information and technology. It has connected people across borders, enabling global activism and awareness of worldwide issues. Nonetheless, it has also created challenges like cybercrime and privacy concerns.

In conclusion, globalization is a double-edged sword. It offers economic opportunities, cultural exchange, and global connectivity, but it also brings about disparities, cultural tensions, and new global challenges. To navigate this complex landscape, the world must strive for responsible globalization that balances the interests of all stakeholders and promotes inclusivity and sustainability.

Related Articles

The movement of goods, technologies, information, and jobs between countries is referred to as globalisation. 

Globalization as a phenomenon began with the earliest human migratory routes, or with Genghis Khan’s invasions, or travel across the Silk Road.

Globalisation allows wealthy nations to access cheaper labour and resources, while also providing opportunity for developing and underdeveloped nations with the jobs and investment capital they require.

For more information on such interesting topics, visit our essay-writing page and follow Leverage Edu ! 

Malvika Chawla

Malvika is a content writer cum news freak who comes with a strong background in Journalism and has worked with renowned news websites such as News 9 and The Financial Express to name a few. When not writing, she can be found bringing life to the canvasses by painting on them.

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