РефератыИностранный языкGlGlobalization Essay Research Paper Explain what is

Globalization Essay Research Paper Explain what is

Globalization Essay, Research Paper


Explain what is meant by "globalisation". Is it really a myth?


Globalization is the free movement of capital, goods, services and labour around


the world, by big commercial companies, which have massive control of the


world’s economy, transcending the boundaries of state and country. This


transcendence across countries results in the shrinking of the economy and


results on it depending on larger companies with a controlling interest in most


of the capital within it. This global control of capital comes through the


transference of operations from "superpower" economies, to third world


countries. This transference takes place for purely economic gains, with


companies seeking to take advantage of lower wages and a large unskilled labor


force. A very good example of this is the footwear industry, in which footwear


giants such as Reebok and Nike, regularly shift their manufacturing base to


countries with lower wage scales. Globalisation can be looked at from five


different aspects; economically, technologically, politically, culturally and


environmentally. Economically, globalisation has been greatly encouraged since


the Second World War, with the introduction of free trade agreements such as


GATT (General Agreement on Tariff’s an

d Trade). Additionally, regional trade


agreements have also been developed, which have included ’single markets’


established by the European Community and NAFTA (North American Free Trade


Agreement). Technologically, the Information Technology revolution has resulted


in massive improvements in communication, through faxes, email, and the


internet. These improvements have resulted in the world becoming a smaller place


as world-wide interaction is both quick and easy. Culturally, there has been a


spreading of globalisation through the media of films, television and music. For


example, following the Second World War, the USA fearing the rise of communism,


actively encouraged and subsidised the world-wide distribution of films


effectively advertising the benefits of capitalism and the American Dream. As a


consequence to the dilution of cultures, Environmentally problems are


increasingly becoming global problems. Therefore, countries are no longer able


to look at environmental issues in isolation. This has been dramatically


illustrated for example by the nuclear disaster at Chernobyl, the depletion of


the ozone layer and acid rain over Scandinavia. Countries now need to act


collectively for there to be any chance of reversing or just slowing the damage


being caused to the environment.

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