2. What is Globalization? Globalization broadly refers to the expansion of global linkages, the organization of social life on a global scale, and the growth of a global consciousness, hence to the consolidation of world society.
3. Pros and Cons of Globalization Pro’s Now there is a worldwide market for the companies and for the people there is more access to products of different countries. There is a steady cash flow into the developing countries, which gradually decrease the dollar difference. Con’s There is immense pressure on the employed Europeans who are always under the threat of the business being outsourced. Corporations are building up units in other countries equally well equipped as they have done at their own
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5. Benefits of globalization Globalization has rapidly improved the social and economic status of women in the developing world. The explanation is straightforward: In a competitive, globalized world, the role of women becomes ever more valuable. Cultures that exclude women from full participation (e.g., Saudi Arabia) fall ever further behind. Globalization helps break the regressive taboos responsible for discriminating against people on the basis of gender, race, or religious beliefs. It is an antidote to the intolerant fundamentalism that oppresses millions of the world’s poorest. When these people see how their counterparts in the West are treated, they see a better future and begin to demand it. Globalization offers hope for the world’s poorest, hope that one day they may enjoy the fruits of the West’s liberal traditions.
6. Issues of Globalization Globalization is currently a pressing issue because it affects billions of people worldwide. The concept of globalization pushes people of all cultures closer to a one-world government type of structure. If people all over the world are much more reliant on purchasing goods and services from other countries, their inter-connectedness prevents isolation. The effect globalization has on countries is profound.
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8. Impact of Globalization Globalization has made way for free trade and business and has communication between various parts of the globe. It has potential to make this world a better place to live in. It is changing the political scenario thus deep-seated problems like unemployment; poverty and shift in power are coming to the picture. The marginal are getting a chance a to exhibit in the world market.
9. Impact on Globalization on Human Rights: Globalization has its winners and losers. With the expansion of trade, market, foreign investment, developing countries have seen the gaps among themselves widen. The imperative to liberalize has demanded a shrinking of state involvement in national life, producing a wave of privatization, cutting jobs, slashing health, education and food subsidies, etc. affecting the poor people in society. In many cases, liberalization has been accompanied by greater inequality and people are left trapped in utter poverty
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11. Does globalization cause poverty? Many people who are concerned about the fate of the world's poor now attribute their plight to globalization. They argue that globalization has weakened the position of poor countries and exposed poor people to harmful competition. Their concern is understandable, especially since the gap between rich and poor has indeed become more glaring in recent decades. However, proving a direct link between economic globalization and poverty is a complex task for several reasons: Globalization as a single cause Poverty as a multidimensional phenomenon Globalization and overall global poverty Globalization and poverty in specific countries Poverty vs. inequality Globalization as catchall
12. Globalization and Environment Globalization is altering the global environment. Some perceive the net ecological impact of globalization as positive, as a force of progress and better lives. It fosters economic growth and cooperative institutions, both necessary in the long run to manage the global environment. Others see the net impact as negative, as a force sinking the globe into a bog of ecological decay. It is accelerating the destructive process of too many people consuming too many natural resources without any concern for equality or justice.
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14. The Cultures and Globalization The world's cultures are deeply affected by globalization, but in ways that are inadequately analyzed and understood. Analyzing the relationships between globalization and cultures is acore objective
15. Redefining Globalization Our connected world has dramatically broadened the horizon of available resources and new markets for individuals and organizations large and small. Businesses in developed nations have benefited tremendously from this initial wave of globalization, gaining significant cost and process efficiencies by partnering with other countries
