Should go hand in hand with democracy

ShouldGlobalization be encouraged?Thereare different discussions that globalization is positive but also some peopleargue that it is not acceptable.

Herewith I mentioned some reasons whyglobalization should be encouraged.  Thetrading freely will ensure to reduce some barriers for countries like tariffs,Value added taxes and many other obstacles and barriers between the nations.But there are still barriers among the countries. Globalization is encouragingthe globe by creating jobs and makes competition among the companies to workhard and finally this will leads to the economic growth of countries.

We Will Write a Custom Essay Specifically
For You For Only $13.90/page!


order now

 As well as consumer price for goods will bereduced with the introduction of different goods and services. A competitionwill occur among countries and it will leads to the prices down. But this isnot happening because the countries try to manipulate currency so that they getprice advantage. Globalization is helping poor countries in getting the foreigncapital and technology by spreading the prosperity, creates a society withfreedom and respect to democracy as well. This is a goal that most of thedeveloping countries are urging wishing for. Globalization should be go hand inhand with democracy as well. Globalization has allowed all the companies andconsumers around the world to access any product they like to have. For Examplewe can have Macdonald Burgher in Sri Lanka whose mother company is not SriLanka.

And also We can learn about different cultures that have spread out all overthe world.cultural differences can be applied to the technology and theproducts as well. There fore innovations are also promoted from this.  It enables the government to solve theecological problems related to a country. As a development of the socialinteraction , now people has accept the others and have tolerate them betterthan earlier which considered people and nations as aliens. Civil disputes hasreduced into a considerable percentage and it makes world peace.

People cantravel fast and there is a huge development in the mass communication. Even inSri Lanka also in any place any person can connect with another person inabroad.  People have maintained a trendto share their labor knowledge and therefore multinational companies havedevelopment and people in different nations work together.

Informationtechnology has shown a vast development that sometimes people tend to steal thetechnology of other persons. But they access to innovations as well. Sometransnational companies have started business in poor countries and there forit provide job opportunities for citizens. Globalization has provided thecountries enabling to free trade agreements like NAFTA, South KoreKorus.   Should globalization be discouraged?Also sometimeswe see instances where globalization is a threat to people around the world.

Letme point out how it is happening. Inequality- while the globalization hasspread out around the world the rich countries produce goods and services inorder to achieve the markets and then some poor nations are struggling with inequalitythat they could not enjoy the benefits of globalization. Unemployment  – when there are less barriers to shareknowledge people are going for developing countries once they get highereducation and then some poor countries remain constant with unemploymentin  the higher rank positions in theirbusinesses.

Countries have to face for inflammation because there can be rapidrise in the prices of goods and services imported among many countries.European countries have dominated some markets in Asian countries. It can leadto increased likelihood of economic distractions of single nation influencingevery nation and hence unfitting the world leading to chaos around the globe.Smaller domestic institutes may lack the resources to have competition  with large international and multinationalcompanies and therefore maybe thrown out of business and make losses. Sinceglobalization involves traveling of people as well as goods from one country toanother ,It can lead spread of some of the dangerous infectious diseases knownto humans which will be spread out around the globe then. Apart from the above  discouragements of globalization there can bemany more added as threats and it depends on the use of it and on how it seesglobalization as a benefit or as threats. A number of participants connected togetherto the development of the transactional business concepts to the globalizationas well. Many of these changes are depicting the long-term hazards that havetraditionally fallen out from the reinstallation  of foreign policy in engagement specially   for Asiancountries.

Developing the institutional capacity – at both the domestic andinternational level is to  address theseconcerns will be one of the large challenges for the region in the nextcentury. Rapid economic growth in Asia is noted because now they also haveenergy and the fuel. This leads to growing reliance on energy imports,increasing the recognition of sea routes and all other transportation routesall over the world.   Therecan be political risks   of globalization.in some areas the use ofenergy has also affect to the environmental destruction, which several parties havelinked to societal threat. Itshould be mentioned that the world is chasing for mony and losing the humanequalities.

Every animal is being use for humans purpose. Most of the endemicspecies are not more in earth now.  The severe problem ofenvironmental destruction, together with the growing populations in the areahas increased some threat on food and water supplies. Coastal areas are full ofgarbage and they keep cleaned only if there is foreign attraction and thentherefore must be cleaned. Although improvements in agricultural technologyappear likely to mitigate food security issues, water availability was cited byseveral participants as a likely source of conflict in the future. People in some quantities does not havedaily consumption of water while the other part of the world is enjoying ,playng  and wasting gallons of water. Thecombination of rapidly growing populations in much of the developing world,increasingly national borders, and disparities in economic growth rates, hasmarked a dramatic increase in international migration.

Some countries does not havetheir own culture or nature because half of the population is migrants in thosecountries. Migration has already emerged as a source of tension in SoutheastAsia inclusind the Austrialian continent. A Asian countries implement troopsand naval powers to limit the arrival of international migrants which wereabodant in crisis period. Globalization gave access to people to detect crimes,and reduce terririsom because it gave the convenience of transportation andcommunication . but we can see that many people around the globe mis use thisand take the profit out of thisbut some people said that this not the fault ofthe globalization but the people in the 21st century is responsible onthese. Asia’s financial crisis and the forces of globalization more broadly,may have a great effect on the region’s economic stability. The Asia PacificEconomic Cooperation (APEC) forum was unable to give answers to the questionsof financial crisis and then it has been lost the trust of people with al ofthese problemes everybodsy said that this uncertainity is not good for futurein the asia.

. Cementindustry would likely experience a significant protracted decline .Anothercriticism is the high cost of a comparative or absolute advantage to acountry’s own well-being if misuse. For example, China has become a giantworldwide emitter of carbon dioxide thanks to its comparative benefit inmanufacturing a wide range of products. Other countries may have a comparativebenefit in mining certain natural resources – such as crudeoil – and mishandle the revenue generatedfrom those activities. A final disadvantage of globalization is the increase inwage for workers, which can hurt the profitability of some companies. Forexample, if a developed country has a high competitive advantage in developingsoftware, they may drive up the price of software engineers around the world, which makesit difficult for foreign companies to compete in the market.

Globalization hasa tremendous impact on international investors, and then when it comes to tradeissues that may impact a country’s exposure to globalization. President DonaldTrump, for example, has taken a protectionist stance when it comes to freetrade under agreements like NAFTA. The elimination of these trade agreementscould have an adverse impact on economic growth over the long-term since iteliminates comparative advantages. Changes to trade policies can also have animpact on individual sectors.

For example, the United States solar industry haslong had a different relationship with China’s solar industry. The U.S.

hasaccused China of ‘dumping’ photovoltaic solar panels at unfair prices into theUnited stated which could lead the U.S. to take action and introduce importtariffs that could affect the entire solar industry. International investorsshould be cognizant of these globalization-related factors and politicalrisks whenmaking investment decisions. Becauseglobalization is totally inconvertible, we must tell ourselves that thebenefits overcome by the disadvantages. It depends where we come from, but letus first take a look at what these disadvantages are before we form an opinion.

We would not reveal the truth inthat, but what about the borderline monopoly that the largest companies in theworld have created for themselves? Apple, Exxon, Google, Sony, Samsung etc.Whereas they were once who introduced products to the world, they are now sobig that politics and strategy are more important than innovation of thoseproducts. The result of this is that smaller companies with innovative ideashave an incredibly difficult competing.

And how can they? If they’re lucky,they’ll be bought out and walk away with a pay check; if not, they’ll just becrushed, often purposefully, by a competitor that is literally a billion timesbigger than themSo now China is the Apple centerof the World. They produce the cheapest apple products, which will beproducing for more than 50% of the apple products in the world. A lot of peopleup and down the East side of the world lost their jobs, but here is the counterargument: China is not allowed to export apples to the U.S. This may bedifferent so soon but for the time being, China is able to put a lot of peopleon the East Coast out of business without even selling the product in the samecountry The lesson of the story is that another country can do what you dobetter and dropped you out of your corporation without even looking you in theeye. That is the globalization. But to be fair, the damage we have done toChina and the benefits we took advantage of (cheap labor) are largely moreimportant.

Why can we be fair in this matter? We hardly need to spell this out, but we will add a thought or two.Globalization has created a global-sized request for fuel and industry, andthis need has been criticized and ignored to the extent that the future of lifeas we know it has been brought into problem. You may or may not accept in globalwarming, but you cannot deny the truth of the conversation. Does the fact thatthis conversation is happening not say something in itself? Have we put our planet into trouble? Now obviously,yes. The counter argument against this fact is that we could not possibly havecaused so much destruction to our precious planet. The information says in theother way.  We have to agree that we have comeinto over half of the world’s tropical forests. It is not an easy task tochange the current situation of the atmosphere.

 The atmosphere ends closely 60 miles above the surface of the Earth. Itis just not that voluminous. It is not limitless.

It has a limited. It isactually not big and when we work together internationally, eventhe bad side effects of all the amazing things we accomplish are, in a word,internationalized.So it is our duty to make sure thatwe understand this huge problem and work together to protect the world and alsoto rise up as nations to protect our own traditions and cultures.  

x

Hi!
I'm Ruth!

Would you like to get a custom essay? How about receiving a customized one?

Check it out