In order to answer the question of whether or not globalisation is a progressive or negative force, I must first define globalisation.
Global Business Today 7 ed. The effects of this homogenizing process that we call globalization can be seen in all aspects of life. The winners and losers - define this concept in the introduction as it is the main content phrase in the essay question.
Because the world market has begun to level out, more states are becoming technologically advanced thus increasing the global economy. In years future scholars may treat this era with the same importance as the renaissance because of the massive implications globalization will have on our society Globalization is such a massive concept with far reaching effects that it is only natural that it has aspects of both good and bad imbedded in it.How to cite this essay Choose cite format:. Realists contend that security quandary will result if there is no central control in a revolutionary system. Globalisation over the past hundred years has undoubtedly made the world more interconnected including closer societies, politics, economies, cultures and the environment. The widespread benefits of globalization have resulted in global economic growth, prosperity, and have increased the overall standard of living in the world. Its presence and benefits is unquestioned by many while in other circles, scholars such as Karl Polanyi, Arthur Schlesinger, Jr. With the rise of globalization, positive effects have resulted from economic openness. From McDonalds being in almost every country, to the majority of North American clothes being made in periphery countries, to the technological ability that allows us to instantly communicate with people anywhere in the world, the effects are everywhere. We will write a custom essay sample on Who Are the Winners and Losers of Globalisation or any similar topic only for you Order Now Globalisation can also bring a variety of culture into a country as different foods and ideas are transported from another country. Globalisation has increased the production of goods and services. There have been many losers including most third world countries, the environment and ironically even most western countries. Globalisation can bring wealth into a country as it brings in more products or materials to be sold or to produce many more goods locally and industrially.
The environment has been abused and neglected since the beginning of the industrial revolution and today is currently at a precipice. Another significant loser from economic globalisation is the environment; this problem affects all countries on the planet and has been getting worse over time.From McDonalds being in almost every country, to the majority of North American clothes being made in periphery countries, to the technological ability that allows us to instantly communicate with people anywhere in the world, the effects are everywhere. Because the world market has begun to level out, more states are becoming technologically advanced thus increasing the global economy. This means through the economic globalisation process and cross border corporations, workers in developing countries have the opportunities to survive and beat the poverty cycle. It can be seen that the primary losers from economic development are developing countries; however, developed countries can also be losers. In , the U. Et al. The paper pays close attention to the factors that account for the successes and failures of the winners and losers of globalization respectively.