This website uses cookies to ensure you have the best experience. Learn more

Effects Of Globalization Essay

1048 words - 4 pages

When thinking about globalization, why should that not be our alternative? Globalization, sounds like it would bring unity and full participation from all countries during global crisis. Globalization may be the most powerful form of action that the government could perform. If all the countries did come together and formed an alliance, they can have all of the country’s best entrepreneurs, politicians, economist, engineers, and scientist come together to be able to innervate or invent products and plans that we could not even imagine. Effects of globalization would be faster progression on innervations and inventions, improved strategies and methods that will enhance our economy, and open communication to all foreign countries.
One beneficial effect to globalization would be the improved quality of products due to global competition. If we had all the brain power from every country in one room coming up with designs like the next laptop or the next high end vehicle, think about the possibilities that they could come up with. “Globalization openness to innovation and creativity naturally enhances people’s abilities to proactively innovate and create. A new class of people who benefit from solely generating ideas and feeding them into institutions and projects have emerged. Concurrently the capacities of companies to grow from “ideas” have grown exponentially”(Globalization and foreign policy). The Osborne Company in the United States invented the first laptop in 1981. Otto Wichterle of Czech Republic invented the first soft lenses in 1959. What if they worked together to innervate a contact that had a microchip imbedded in the hydrophilic hydrogel, so someone could have full access to their PC from a blink of an eye. It sounds farfetched, but the products that these entrepreneurs made on their own are remarkable in itself. Think about a project where Steve Jobbs and Dr. Ferdinand Porsche were partners. Globalization can have endless possibilities to help improve our lifestyle, not with just the innovation of products, but also with economics and foreign trade.
Our economy is still fighting this recession. Jim Rogers, American economist and author, says,"2013, 2014 you should be very worried and you should prepare yourself"(Yahoo Finance). As well as the European economy. If we are both in a financial crisis, then why don’t we globalize and form a solution that can help both continents financially? “Earlier this month the International Monetary Fund (IMF) lowered its growth estimate for the global economy to 3.3% and 3.6% for 2012 and 2013 respectively”(Yahoo Finance). Why are we giving up on international connections if we never tried at those strategies? If we are in economic crisis as well as other countries, why are we all being so stubborn and not reaching out for resources that could help improve our economy and others as well? We should form one currency and one economy. It’s time to change for the better and try out other techniques,...

Find Another Essay On Effects of Globalization

The Negative Effects of Globalization on South Africa

3555 words - 14 pages investment represents only about 17 per cent of GDP in South Africa. Robin Kibuka, an adviser in the Africa Department of the International Monetary Fund, said, "Globalization is a force for development, but clearly it is a force for development that will have to be managed because it

Negative Effects of Globalization Essay

1142 words - 5 pages 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

The Ill Effects of Globalization

615 words - 2 pages While globalization allows us many good things, such as international travel and exotic products, it also has a very dark side. If the global market is not handled justly, the result is negative for many, but most of all, the third world. Globalization mainly benefits countries with the most economic power (money). It allows developed nations to control the finances and cultures of the third world through tactics such as colonization, World Bank

The Effects of Globalization on Music

1818 words - 7 pages same time it can also be a tool for resistance: against parents, against police against power. Within the reign of imported culture, cross cultivation and the creation of the so-called global village lies the need to expand horizons to engulf more than just what you see everyday. It is important to note that the role of music in today’s world is a key tool in the process of globalization. However, this does not necessarily provide us with any

What are the positive and negative effects of globalization? Why do people fear the movement to create a one-world government?

1223 words - 5 pages Choice 3: What are the positive and negative effects of globalization? Why do people fear the movement to create a one-world government?Globalization is a concept used to describe the changes in society and the economy in the world. It was created by the growth of linkages and exchanges between countries, organizations, or individuals in the cultural, economic, and social on a global scale. Nature of globalization is the extended the market

Major Effects of Globalization Like Adapting to Changes, Lower Tariffs and Cheaper Labor Cost Make a Difference on Philippine Economy and Firms

2687 words - 11 pages Major Effects of Globalization Like Adapting to Changes, Lower Tariffs and Cheaper Labor Cost Make a Difference on Philippine Economy and FirmsA research paperPresented toJose Cristina Pariña, Ph.D.In partial FulfillmentOf the Requirements forENGLRES2012-2013Nikka Jennine L. EscoberAlejandrea A. LalataApril 1, 2013OutlineIntroductionAdopting to ChangesA. Technological developments1. Communication2. TransportationB. Internet as an agent of

The Positive Effects of Globalization on My Life

2560 words - 10 pages newspaper the Ulster Herald ( has all of the headline stories on their page along with sections from their supplement paper The Scene. As I have mentioned before there is also 24 hour news channels available on digital television which have connections with news channels all over the world. BBC News 24 shows footage from CNN news over night. The Globalization of shopping has affected nearly

The Effects of Globalization in the Secondary Education Setting

1902 words - 8 pages EDUC 713 GLOBALIZATION: Education, High Schools, 2 processes from ABOVE, 2 processes from BELOW, 3 main Insights from Class In our increasingly connected world, humans have become more and more integrated in ways that involve culture, language, commerce, education, personalities, and experiences. This interconnectedness has created a world culture where it is difficult to detach a culture from the influence of other countries and peoples. Our

The Effects of Globalization, Democracy and Change on Somalia

2123 words - 8 pages Globalization refers to the extraordinary compression of time and space reproduced in the tremendous increase of social, political and cultural interconnections and interdependencies on a international scale (Eitzen&Maxine 2009). Following the Second World War, the imperialist returned political independence to their third world colonies (Eitzen&Maxine 2009). Globalization however, has maintained economic dependency on Western Europe and The

Speech and Rebutal: The International Effects of Globalization

1372 words - 6 pages (quote) “It has been said that arguing about globalization is like arguing against the law of gravity” (unquote)- Kofi Annand, Former UN secretary-General. Moving on, allow me to put forward my two substantial points. Ladies and gentlemen, welcome to globalization, a world without borders. What does actually globalization entail? It is not only borderless trade, but also exchange of knowledge as well as human resources. I would like to focus

The Effects of Globalization, Democracy and Change on Somalia

956 words - 4 pages globalization people all over the world are glued to the hugely biased and unprofessional for news and information (Allahar 2011). Since the dominant ideology in the west rests on villainizing and infantilizing southern countries it is no surprise that their presentation of conflicts and issues in Somalia is often absent of Western affiliation as the cause of these problems. How Somalia is represented in the media spreads racist and anti-civilized

Similar Essays

The Effects Of Globalization Essay

747 words - 3 pages In the book Globalization: A Very Short Introduction by Manfred Steger and the reprint Globalization and the Impact of American Popular Culture Abroad by Carl Guarneri, the point is made how recognized globalization has become and how much it has affected citizens around the world. Some of the debates over the effects of cultural globalization are: the West and its multinational corporations after World War II, what it promotes to the world’s

What Is Globalization, Drivers Of Globalization, Effects Of Globalization

673 words - 3 pages rapidly. The commercial jet of today makes a trip from New York to Tokyo in less time then it would have taken someone to get from New York to Philadelphia in the Colonial days. Other advances such as containerization have help to reduce the cost of transportation while increasing efficiency. (Hill, 2009)Some effects of globalization found locally are in almost any store, from food to auto parts and most things in between, many items we use are not

The Environment And The Effects Of Globalization

912 words - 4 pages business puts on their environment. This not only effects that countries environment, but it also effects the rest of the world, which in turn effects globalization. If one country is hurting from environmental strain then other countries that do business with them will also hurt. It is like a domino effect of international business, if one is doing bad then other businesses with also suffer. Adhering to the labor and environmental regulations

Effects Of Globalization: Globalization And The Effects On The United States Economy

2136 words - 9 pages matter of seconds. The internet allowed the world to connect by means of fiber optic cable. No longer did people have to set sail to get to America, or vice versa, they are now able to connect with one another via various technological devices. Globalization has flattened the world, all the knowledge pools in the world are now being connected together (Friedman, 2005). Effects of Globalization Globalization has a number of effects on the