Is Globalization Good or Bad Essay

Is Globalization Good or Bad EssayThrough the global interconnectedness among mountain, globalisation has been appe bed. Globalization refers the consolidation of global economies, societies and cultures with the conference, transportation and trade. During this period of this make, one question has been raised whether is globalisation bad or good? And t both(prenominal)y to this question, it is proved that globalization is playing a fundamental post to work out progress to legion(predicate) sections including economies, culture and religion, public services and living standard, and technology.In scotchs, Globalization refers to the increasing interdependence of valet de chambre economies as a result of the growing scale of cross-border trade of commodities and services, flow of international capital and wide and rapid unfold of technologies. It shows the market expansion and integration, and it is an enduring tendency for international economic development. In econo my, globalization is playing a signifi tint role to make advancement to this sector over the homo.Globalization has cr obliterateed astray the international economy, integration of markets and the flow or movement in the world, all of which make escalations in global movement. There are many importance of globalization on economy for many eld. Improvement in technology has a essential offspring in decreasing the costs of transportation, communication and commodity likewise lowering the price of data processing and selective information storage. There is a sign of the modern technology like electric mail, the internet, and realism Wide Web. And with technological development, laptop computer in contemporary time is more(prenominal) powerful than the very large powerful computer in twenty five age ago and the price level in 1990 was only about 1/125 compared to that in 1960. Later on in 1998, the computer price wars decreased about 80% more. Furthermore, because of the adv ancement of technological innovation, we see that the price of ocean transportation is only a half compared to that in 1930, recent aircraft transportation 1/6, and cost only 1% in telecommunication like a shot. At the same time, the price of international trade and investment are decreased by the effect of changement of technological creativity. Thus, global production is available to manage and coordinate. For instance, Fords Lyman car is designed in Germany, its gearing system do in Korea, pump in USA and machine in Australia. It is undeniable that the development of technology make available of these global commodity. Moreover, a large number of enterprises are grown apace with the progressing of networking-based economy, making unimportant of the principle of national boundaries and distance of economic action (Michael, 2003).Globalization makes trade liberalization or economic liberalization available and this has cut back the trade protection and become liberal world eco nomic system. In World War II and the Great De weighion this process has been delayed severely. And by and by on, after the end of World War II done the tendency to trade liberalization and the participation of General Agreement on Tariffs and Trade(GATT) that has developed into the World Trade Organization (WTO), this trade liberalization happened again. With this reemergence, the tax and many barriers were decreased to make ease to the goods transportation and services. Furthermore, liberalization has a active role to sum up the capital flow and production movement. It has been recommended by some economists and historians that world economy in this contemporary time is not better than that in late 19th century and early twentieth century. During that period of time, many economic countries relied on the international trade and business as part of colonial system. As a result, with the payness of the border, there was a great migration of the great unwashed and large interna tional capital movements. This is an opinion of British scholars during the British occupation as a colonial power over world economy. However, in this late nineteenth century did not prove the advancement of technology that makes the world economy globalized like today (Michael, 2003).Globalization has made important effects on national economies. maiden is the development of irrelevant institutionalize investment (FDI) at the incredible rate that is more meaning(a) than the growing of international trade. In fact, the technological movement, industrial organizing and the creation of world enterprises which cast off a marvelous effect on national economies have been stimulated by the foreign direct investment. Second is the effect of globalization on the advancement of technology. As indicated before, technological progress acts in an active role in globalization, but technology has become more progressive and widespread rapidly because of globalization and encouragement of ma rketing competitor in foreign direct investment. Third is the acceleration of services, concluding financial, legal, managerial and information services. And this has become the most important section of the international business. In 1970, the service exportation in foreign direct investment was less(prenominal)(prenominal) than compared to that today and it is anticipated to increase further in the future. During the growth of services in national and international market, some comm harmony called this period the age of competence that underline the educational signifi peckce and humane capital business in economic sector of every countries.However, globalization besides makes some problems on international economies. Globalization creates regional or world economic fragility and vulnerability because of mutual interconnectedness of economies on the world. For instance, downturn in finances and exchange rate that started from Thailand 1997 had a bad impact on Southeast Asian e conomies and even Southeast Korea. But this problem above can be solved effectively by the improvement of new institution, many organization and international cooperation. Many institutions especially the International Monetary Fund (IMF) could apologize even address efficiently on this problem through and through the promotion to the countries that have feelingd or discovered the national economic fragility and instability. For example, in the period of peso crisis in Mexico, IMF played a critical role to help as well as promote on this nation. Furthermore, during financial fadeout in East Asia, IMF made an accord to support South Korea. Thus IMF increased substantially its resources to ensure that these problems could be addressed in transparency. International cooperation as well plays a valuable role to the practice of Tobin Tax that is a small tax on foreign exchange business. Tobin Tax has an effect on the boundary on the trading of weak currency. Meanwhile, Tobin Tax si milarly allocates the fund to the international organization.Globalization has promoted to the escalation of the marketing tilt on the international economies. We see that the marketing competition brings many wagesous purposes in resulted in the augmentation of quantity and quality of production. On the market system, Adam Smith and many classical economists stated that the specialization and the subdivision of labor were formed by the marketing expansion the rivalry. With specialization and the division of labor, production is augmented not only in a country, but overly in the international basis. Other importance of specialization and division of labor is the decrease of the costs of commodities and services, and this condition allows the continual advancement in economic sector. With the advantage of globalization, both parties such as individuals, firms other organization, nation, trading bloc, continents or other entities can get benefits in the economic exchange. For many years, globalization has promoted the augmentation of productivity through the rationalization of production on a world scale, the technological expansion and creativity-needed competition on the international basis.In general, globalization has formed the marketing competition that has significant influence in enhancing all groups position, with the scope of increased yield or better salaries and higher living standard. Thus, with these benefits, the potential of human welfare has been change worldwide.On the other hand, globalization has been proved as unpleasant impact on the sovereign presidency. It has been stated that the globalization forces are jeopardizing the sovereign nation because the perplexity of the national economic sector has been changed from national government to other institutions, including multinational or international companies and international institution or organization. This transformation can make a sovereign state lose its capacity to determine on policies of its economies. However, the globalization requires not making loss to the national sovereignty. In fact, sovereignty of a country or state and the proper commerce of the political leaders remain stable because of the international cooperation. It is like the side being divided individually into two sides. One side for the governmental leaders and other side for international organization, multinational or international company. Moreover, the presence of these institution in addressing the problems or risks stemming by the globalization forces has supported the government leaders especially in politics to keep and even to determine its position in the world economic society. Furthermore, cooperation between the sovereign state and international institution can lead to the progressing through cooperative action. In general, there are many methods of cooperation in addressing with the problems of globalization. First is the keep the existing organization and institution stable and strong. Second is the formation of new institution, as in the case of the World Trade Organization (WTO), to come the disagreement especially stemming from the globalization. Third is the foundation of larger institution such as the European Union (EU), G-8 or the Asian Pacific Economic Cooperation (APEC). Thus, according to the proof of globalization benefits mentioned above, we can conclude that the process of globalization is really fundamental in promoting the economic advancement not only in a nation but also in the whole world.Globalization also has a lot of impacts on culture and religion around the world. It spreads from countries to another through Medias and import of production. The media, of course, owned by developed countries that tried to introduce their culture into the other countries around the world. This spread of cultural treads is the most effective musical mode than the others. Ex, populate amazed, interested, and inspired by the foreign culture through TV, radio, and especially internet people, especially teenager, around the world quickly adopted the foreign cultures. Globalization also introduced the Modernization into create countries which made them consume more luxury production. Those demands of production required the import of other production into their countries. This trade of production also helped to spread foreign culture into other countries too. Ex, the uses of other production differed from their culture would made them try to adapt to the natural culture of the production, such as the way they eat in luxury restaurant, the use of mobile phone, etc. Moreover, Globalization also suggested Democracy to other countries too. Democracy promotes human rights, equality among men and women, freedom of press and expression, and the rights to vote to choose their leaders. Because of these prosperities and freedom of Democracy, it attracted millions of people to realize and demand for justice, freedom, and changes in policy of autocratic states. Ex, In Burma, people hate the autocratic system of government and they love democracy, so they protest against the government to change the system or resign from the position. This spread of foreign cultures also affected the indigenous religions that had been rooted thousands of years ago in most Asian countries. Most people cant stand the cruel treat of some religion that have done to them, so they wanted to let go of their religion and adopt foreign culture or religion. Ex, In Islamic states, women have to wear mask to hide their face when they go out in public. And other example is that men can marry as many wives as they want too. Most Islamic people in Iraq and Afghanistan believed that become the suicide bomber for the sake of their country will bring them to heaven to live with god. All of these treatment to people is cruel and foul for them that why people want to change and get away from it. All in all of the effects of globalization in cultu re helped to promote peace, cooperation and unity among people around them by understanding each other through the same culture. However, some people believed that the spread of globalization gradually made them wooly their cultural identities. Of course, the spread of globalization changed some of their culture and belief but globalization didnt force them to do so. It is all up to people choices to choose their way to live their life. People adapted only the culture that they believed to suit them well and they forbad the inappropriate culture. Some other people continued to argue that globalization made Asian people disrespect the elder and tended to commit more crimes. But these activities got nothing to do with globalization, in fact, controlling the behavior of people and children are the duty of their parents and government.Living standard also promoted by globalization through the education and health care. Education is necessaryfor people tosharing experiences, skills and intellectual assets. According to Sadegh and Shajar (2006), globalization is creating opportunities for sharing knowledge, technology, societal values, and behavioral norms and promoting developments at different level including individual, organization, communities and societies crosswise different countries and culture. Moreover, people can articulate human right through the education. Ifallpeople can know clearly about human right, it will decrease the violation in the country. As Sadegh and Dhajar stated that, education also authority that populations became aware of their right and obligation as citizens and management of life in their communities. In addition, globalization leads to have modern materials for peopleto study. Nowadays, people can hunt club books or any topic of assignments through the internet, it facilitates student to reduce timeforgoing to the libraries. By using LCD, it can make teachers to explain more substantially and it doesnt waste time to write on white board. As well as, globalization can increase access to education for women and poor people, unlike the history that women cannot go to school or go outside, they can do only housework. According to United Nations, to follow the role of UNDP, government ought to build up human capital through education and ensuring that the poor have access to education (2001). But Bloom said that, the need for higher education in developing countries is going largely unmet. In much of the developing world, higher education delivery is woefully unsuited to the demands of globalization (2002). Furthermore, another point that can improve living standard is health care service. Because of globalization, people can get advance technology of surgery ad innovative medical.When the health care increase, people can consult for their health easily, improve treatment and prevention of all kinds of illness and disease. These also lead to increase life expectancy. Moreover, through globalization,the coun try open freely for all organization to set up there. Some organizations are providing health care to people like WHO. The World Health Organization aims to facilitate government to strengthen health service and its role is promoting health to all men kind by providingtechnical support and building sustainable institutional capacity. However,some author statedthat globalization promoted health care for people, but its also the one who spread diseases. Like Woodward, Drager, Beaglehole and Lipson response that globalization offers the potential both to improve the health effects of globalization itself and to provide broader benefits to health worldwide. Thus, education and health care offers vast potential for improving living standard through globalization.As we move further and further into the 21st century, we can clearly see that technology is changing into a new dimension. Technology plays an important and significant role of globalization through its many ways. Technology pro motes the development of a global telecommunications infrastructure and greater cross-border data flow by using Internet, communication satellites, fiber optic cable and wireless technology. We can see the advantages of globalization in the Internet. The integration and merging the people of the world have been emerged over the past times decade and make the true global communication exist through the Internet technology. For example, someone in the United States can talk or email to someone in Cambodia. the emergence of the Internet as a tool of low-cost global connectivityThis sudden revolution in connectivity constituted a study flattening force (Friedman, 2007). Internet allows us to take our own digital contents and send it anywhere at very low cost or sometimes for free so that people around the world could share whatever they want to share to the world. Through the Internet technology, tender media such as social networking and online conference also bring a big impact on globalization. Social networking such as Facebook and Twitter has integrated people around the world and their community with many advantages for them. For instance, some people have formed new business, enhanced their existing business and sold products through marketing on social networking. Some people also received assistance from their friends or others when they are in trouble, and they also make new friends and improve the friendship through chatting, commenting, posting, call and video calling. They could also read news and join any contests available on the social media. In addition, the impacts of technology on globalization also allow in modernization and business field on a global base (Zunairah, 2008). The process of electronic transaction is being improved with business integration, and broadcasting of information over the Internet makes people gain instant access to new information and communication technologies. In business, many companies are enjoying many benefit s from the technological explore and innovation. For example, business meeting or business production process can be communicated through the Internet and it is possible to communicate with other people and companies across the continents and oceans. The Internet turned into an important part of doing business. Instead of face to face meeting with clients, the managers or chairman could see communicate remotely to their clients via the Internet. However, if there are any mistakes on the communication process through the Internet, many people will suffer and lost benefits from their business. According to BBC News, Skype, which is the most dominant parcel that many companies use it to communicate with their clients, was crashed by the software bugs and server overloading. Millions of Skype users around the world cannot log in for several hours and it was very disappointing to those users because they suffered and lost some process of their business. Thats why the communication thro ugh the Internet is very important for business. Open-sourcing also integrates the people of the world. It involves self-organizing communities or groups that modify and improve open software so that it can be accessed by anyone around the world. For example, Wikipedia uses the open-sourcing principle so that anyone is able to add and edit it. Linux or Mozillas Firefox web browser is also open source software that is free to download. It also has the power of cooperation that everybody can work together to solve a given problem. However, globalization on technology cannot reach or benefits the less developing countries. They dont have Internet connection or sometimes telecommunication. Therefore, these disadvantages can be reduced if the flow of the Internet and Information Technology are introduced to those less developing countries and they can develop their progress in the future. There can be a wonderful impact on globalization as communication process between individuals, insti tutions and states in different areas of the world and promote the political, social, economic, and cultural aspects of a state.In conclusion, globalization has critical effects on the advancement on economies, culture and religion, public services and living standard, and technology not only in a nation but also in the whole world. Although globalization shows a manifestation of disadvantage effects, the benefits of globalization still remain as priority in the international society.