Essays on Globalization

Essays on Globalization

The term globalization came around in the 1960s, which is when economists began to give a name to what “the development of an increasingly integrated global economy marked especially by free trade, free flow of capital, and the tapping of cheaper foreign labor markets” meant. Globalization comes from the erasing of barriers between national economies to encourage the flow of the market. Globalization has been around even before the emergence of the term with the first example being the discovery of the Americas in 1492, which only accelerated the process even further. Globalization only exploits the foreign labor markets that mass production companies decide to use for their own capital gain, their workers that decide to provide for their families because there is no other option than to work for these people for a wage that is not livable by any means, and the alarming inequality that globalization has been able to preserve for centuries.

Many economists along with politicians and huge corporates view globalization as this holy grail. Many view globalization as an economic booming process that is purely driven by investment along with trade. People who view globalization as this holy grail often claim that bigger free-market economies allow for smaller developing markets to prosper and be able to raise their standard of living. People begin to view the world as compressed in culture, politics and other examples, they see the blurring of trade borders as a way for these countries to develop such as western economies have, with job creation, companies beginning to compete in the global market, and overall, lower the price for consumers. Supporters begin to see this as a way for labor to move freely from any country and create labor as its own market. Opponents of globalization see the cons in the exploitation of poor countries along with their labor. The rich get richer while the poorer get poorer. Mass production companies take their production to these developing countries to cut costs, since many of these countries offer labor for really cheap rather than to keep production in their own countries, these companies begin to take their production elsewhere for low wages for the workers. The workers often are women, usually young women or mothers who are the sole earners in their families. This only leads into the issue of inequality later. These women work long hours for minimal pay that by no way is a livable wage for one person, let alone for a family.

Many of these women are not cared for and are often stuffed into these shoddy factories that do not meet any regulations that can be deemed as healthy. These women cannot find other higher-paying jobs since these jobs are viewed only for men, for experienced men. The idea of patriarchy still exists in many of these countries, it brings along this idea that women cannot be sole providers for their families, that they have to settle for little to nothing paying jobs because there will never be anything else available for them. They begin to believe that these jobs are the only opportunities available for them and are the best things that can come their way.

Since the start of “globalization” can be traced back to the discovery of the Americas, Cristopher Columbus, the “grand discoverer of these lands”, is an example of the white male savior, which has been seen throughout history countless of times. Columbus is credited by many by being the one to bring European culture into the Americas. With this there are also many who discredit Columbus for not discovering anything in the first place. Columbus’ prime objective was to find India, which was more accessible than the Americas.

Columbus being an inadequate Spanish male, was not able to navigate himself to the place he originally wanted to go. Once Columbus arrived in what he believed to be India, he proceeded to call the indigenous people on the lands ‘Indians’ which can be guessed as to why the term still is used to call Native Americans as such when they should not be called Indians since it was not India. Columbus's achievement in coming to the Americas, only brought along European diseases, while Columbus was able to exploit the natives for his own gain, for the gain for the Spanish King and Queen. This is an effect of globalization, the exploitation of people for gain. Columbus can be compared to a top-leading economy like the United States or Europe while Natives can be compared to the foreign labor markets that these top leading economies decide to use for their capital gain.

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The Contemporary World

In the contemporary world, globalization refers to the increased interactions and integration between the people, companies and the governments or states on an international scale. Recently, globalization has grown rapidly attributable to greater improvements in the transport and telecommunication sector across the world. Majorly, globalization …

GlobalizationInnovationInternet
Words 1185
Pages 5
International Development Personal Statement

A degree In International studies will Improve my understanding of the impact of education, health, human rights, the environment, economics, conflict, and other fields on development as well as the Impact of under development on those fields. In Dalton, the multi-adolescently nature of the subject …

GlobalizationPersonal StatementPovertySustainability
Words 565
Pages 3
Effects of Globalization in the Philippines

The Adverse Effects of Globalization in the Philippines Most modern economist called this “World New Economic Order” that is all States in the world bend themselves to promote free flow of the economy. All country and State open its market with minimal or without any …

Globalization
Words 973
Pages 4
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The Globalisation Experience in the Philippines

As defined, the term globalization refers to the development of an increasingly integrated global economy marked especially by free trade, free flow of capital, and the tapping of cheaper foreign labor markets. Globalization has offered considerable controversial impact. It has been viewed as a process …

ExperienceGlobalizationUnemployment
Words 388
Pages 2
The Difference Between Globalization and Regionalism

Ironically, as society drifts towards globalization, regionalism also seems to take place in almost every corner of the globe. In fact, most countries in the world, on all continents, are members of regional trade agreements through either customs unions, free trade areas, or other preferential …

GlobalizationTrade
Words 1539
Pages 6
What are the benefits and risks of interdependence?

Interdependence is the free flow goods and services capital and finances acroos the world most countries are getting linked to the global economic system labor is free to travel from one place to another a country sell one thing to another country this is called …

Essay ExamplesGlobalizationInvestmentTaxTrade
Words 117
Pages 1
Advantages and Disadvantages of Globalization on South Africa

Globalization is the “shrinking” of the world and the increased consciousness of the world as a whole. It is a term used to describe the changes in societies and the world economy that is a result of dramatically increased cross-border trade, investment, and cultural exchange. …

GlobalizationSouth Africa
Words 2357
Pages 9
What Can I Do to Make This Country a Better Place to Live in?

As A National Discipline Awardee, What Can I Do To Make This Country A Better Place To Live In? Is our country still a better place to live in? If we will to analyze the situations now, there were many incidents that took place in …

CountriesGlobalizationPeace
Words 287
Pages 2
Adidas’ Globalization Strategies

Adidas was a global organization, so it implemented the concept of “global brand, local touch” to achieve its target in the competitive market. First, Adidas applied the strategies that anticipating and fulfilling consumer desires to build powerful brands, so that a lot of people know …

AdidasGlobalizationMicroeconomics
Words 244
Pages 1
Concern for survival, growth, and profitability

It is therefore the vision of the company to continually grow as a retail store, both locally and globally. It has set the vision to remain the leading retail store in the United States and in any country where it has an operation. What comes …

BusinessGlobalizationRetail
Words 640
Pages 3
Challenges Faced by First Year University Students

University life can be a great experience. It can be fun and educational and, on the other hand, full of hardships. First-year students at university face a lot of challenges. These challenges can be divided into groups of which three are making adjustments, security and …

ChallengesGlobalizationUniversity
Words 788
Pages 3
Quality Education in The Philippines

We know that Philippines country is rich in agriculture and economics. But don’t you know that Philippines are one of the top that is great in terms of education. And I can prove that in simply observing the status of my country and surveys in …

AsiaEducationGlobalizationPhilippines
Words 2098
Pages 8
Political, legal, social factors affacting Tesco

Political Factors There are various laws nationally and locally which affect Businesses especially large ones such as Tesco and the NHS. International bodies such as the European Union and the World Health Organization (WHO) effect both Tesco and NHS, however not in the same way. …

GlobalizationInflationTaxTesco
Words 4041
Pages 15
Reasons for Companies Going Internationally

Globalization is here to stay. Companies choose to go international for the following simple and compelling reasons: To build more brand and shareholder value To add more revenues sources and growth markets To leverage existing corporate technology and supply chains To award more franchise owned …

CompetitionEssay ExamplesExportGlobalization
Words 924
Pages 4
Challenges Facing Fashion Industry in Ghana

Background to the study The environment in which the fashion industry operates the world over has become turbulent, unpredictable and therefore, difficult to exert managerial control. Cultures around the world are constantly influencing each other; hence, the world’s cultures are changing fashion constantly. Also, social, …

ChallengesFashionGlobalizationManufacturingOutsourcing
Words 5925
Pages 22
Globalization Essay

Globalization is a process of integrating trade and commerce throughout the globe. Governments, private companies and even people merge their differences and intermingle, interact, devise new trade policies, bringing different cultures and countries closer to each other. Unprecedented advancements in transport and communication technologies have …

DeforestationGlobalizationPollutionSustainability
Words 1841
Pages 7
International Business Decisions

In a world of zero transportation costs, no trade barriers, and nontrivial differences between nations with regard to factor conditions, firms mast expand internationally if they are to survive. Discuss. It is not essential for firms to expand in order to survive if in fact …

CompetitionGlobalizationInternational Business
Words 824
Pages 3
Women Entrepreneurship and Their Contribution to the National Economy

INTRODUCTION The emergence of women entrepreneur & their contribution to the national economy is quite visible in India. Women have become aware of their existence, their rights & their work situations. The number of women entrepreneur has grown over a period especially in the 1990s. …

EntrepreneurshipGlobalization
Words 952
Pages 4
SWOT Analysis of “Nivea sunscreen soap”

Strength • With the unique features of the “Nivea sunscreen soap” soap, an aggressive advertising campaign was imperative to inform the target market, create brand awareness, and established a basis for brand preference in the soap market. • Efficient and effective management are the main …

GlobalizationRetailSalesSwot Analysis
Words 576
Pages 3
The World is Flat – Thomas Friedman

1. Do you agree or disagree with Friedman’s assessment that the world is flat? Be sure to justify your answer I agree with Friedman that technology has made the world flat. But there is another point of view disagree with Friedman stating that there are …

BooksCapitalismGlobalization
Words 63
Pages 1
Ethical issues and dilemmas in international business

Globalization refers to the increasingly connectedness people and countries across the entire world, especially with regard to work and the economy. Globalisation has overwhelmed the whole world. In some areas it has enhanced the businesses and the standard of life, whereas in other places it …

CapitalismEthical IssuesGlobalizationInternational Business
Words 622
Pages 3
Reflective Essay On Principles Of Management

Diebold 1. Before 1997, Diebold manufactured its ATM machines in the United States and sold them internationally via distribution agreements, first with Philips Electronics NV and then with IBM. Why do you think Diebold choose this mode of expanding internationally? What were advantages and disadvantages …

ChinaGlobalizationHospitalInsuranceManagement Principles
Words 3389
Pages 13
Ethical Issues Faced by Global Organizations

Ethics has increasingly become an essential constituent of corporate business organizations worldwide. Business ethics is commonly understood as to the system of moral values and rules and code of conduct applied to business (Jalan, 2005). The issues that may arise in the ethical context of …

Ethical IssuesGlobalizationMoralityOrganization
Words 769
Pages 3
Globalisation Drivers

Explain what is meant by the term globalisation. Identify and analyse the key drivers of the process of globalisation over the last twenty years. During the mid 1990’s the International Monetary Fund has defined globalisation as: ‘The growing interdependence of countries world-wide through the increasing …

DriversE-commerceGlobalizationTrade
Words 1682
Pages 7
Political Dimension of Globalization

In chapter four, “The political dimension of globalization,” Steger did a tremendous job in analyzing the intensification and expansion of political interrelations across the globe. Steger brought up two major issues, which I found intriguing, dealing with how globalization affects modern nation-state system, which traced …

ForgivenessGlobalizationMotorola
Words 654
Pages 3
Network Level Strategy

In the recent period, strategic alliances have become a popular means of international expansion (Koza & Lewin, 2000). Strategic alliances allow firms to share the risks and resources required to enter international markets. Moreover, strategic alliances can facilitate the development of new core competencies that …

GlobalizationManufacturingStrategy
Words 879
Pages 4
Fast Food Globalization

Fast Food Globalization Some people get confused when they hear the word, globalization. What is it? Globalization is a modern term used to describe the changes in societies and the world economy that result from dramatically increased international trade and cultural exchange. That means the …

Fast FoodGlobalizationMeat
Words 1309
Pages 5
Impacts of Globalisation on Pepsico

PepsiCo, Inc. was founded in 1965 through the merger of Pepsi-Cola and Frito-Lay. Tropicana was acquired in 1998. In 2001, PepsiCo merged with the Quaker Oats Company, creating the world’s fifth-largest food and Beverage Company. Today PepsiCo is a world leader in convenient snacks, foods …

GlobalizationPepsico
Words 1985
Pages 8
Yves Rocher : International Marketing

The Yves Rocher Group was created in 1959 at La Gacilly in Britany (France). Nowadays, the group is composed by eight brands: Yves Rocher, Petit Bateau, Stanhome, Dr Pierre Ricaud, Daniel Jouvance, Kiotis, ID Parfums and Flormar. The brand Yves Rocher is internationally well-known. With …

GlobalizationMarketing
Words 723
Pages 3
How Has the Globalization of Markets and Production Benefitted Ikea?

How has the globalization of markets and production benefitted IKEA? Globalization as we know it is the phenomenon of the world economies becoming reliant and integrated with one another. This is otherwise known as the trend characterized by denationalization where the world now becomes a …

GlobalizationOutsourcing
Words 429
Pages 2
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Find extra essay topics on Essays on Globalization by our writers.

Globalization, or globalisation, is the process of interaction and integration among people, companies, and governments worldwide. Globalization has accelerated since the 18th century due to advances in transportation and communication technology.
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Anthropology

In an anthropological sense, globalization is “…an intensification of global interconnectedness, suggesting a world full of movement and mixture, contact and linkages, and persistent cultural interaction and exchange” (Inda and Rosaldo 2002: 2).


Aspects

Globalisation has three main aspects which are economic, politicaleconomic, politicalThe earliest works of political economy are usually attributed to the British scholars Adam Smith, Thomas Malthus, and David Ricardo, although they were preceded by the work of the French physiocrats, such as François Quesnay (1694–1774) and Anne-Robert-Jacques Turgot (1727–1781). Political_economyPolitical economy - and socio-cultural (University of Leicester 2009). Economic aspect focuses on the integration of global economies as well as flow of trade and capital across nation borders. Socio-cultural aspect emphasises on the exchanging of social and culture.


Globalization book

  • Globalization and Its Discontents
  • Globalization: A Very Short Intr...
  • The Ages of Globaliz...
  • The Globalization Paradox...
  • In Defense of Global...

Frequently asked questions

What is globalization short essay?
Globalization is the process of expanding world trade, contacts among societies, and the sharing of ideas around the world. The term is often used to refer to economic globalization, the globalization of trade and investment, but it can also refer to social, political, and cultural globalization.The process of globalization has been unleashed by a series of dramatic technological changes – from Johannes Gutenberg’s movable type printing press in the 15th century to the Internet and the cellular telephone in the late 20th century – and by economic, social, and political changes.During the last half of the 20th century, there was a significant increase in world trade, as well as contacts among societies, and the sharing of ideas around the world. This globalization has been unleashed by a series of dramatic technological changes – from Johannes Gutenberg’s movable type printing press in the 15th century to the Internet and the cellular telephone in the late 20th century – and by economic, social, and political changes.The process of globalization has had a number of benefits, including increased economic growth, higher living standards, and access to new products and ideas. However, globalization has also had some negative effects, such as environmental degradation, the spread of diseases, and increased economic inequality.As the world becomes more interconnected, it is important to understand the process of globalization and its effects on the world.
What is a globalization in your own words?
Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. This process has effects on the environment, on culture, on political systems, on economic development and prosperity, and on human physical well-being in societies around the world.
What is globalization and why is it important essay?
Globalization is the process of expanding world trade, contacts among societies, and the sharing of ideas around the world. The term is often used to refer to economic globalization, the integration of national economies into the global economy. However, globalization is a complex process that encompasses many other aspects of social, political, and cultural life.Why is globalization important? There are a number of reasons why globalization is important. First, globalization has led to a significant increase in world trade. This has been a major driver of economic growth and has helped to raise living standards in many parts of the world. Second, globalization has helped to spread democracy and human rights. It has also contributed to the spread of new technologies and ideas, which has led to a more dynamic and innovative world economy. Finally, globalization has made the world more interconnected and interdependent, which has helped to create a more stable and peaceful world.
Why globalization is important in your own words?
Globalization is important for many reasons. It helps to promote economic growth and development, by providing new markets for goods and services and increasing opportunities for trade and investment. It also helps to spread ideas and knowledge, and to increase cultural understanding and tolerance. In addition, globalization can help to improve living standards and to reduce poverty, by providing access to new technologies and knowledge, and by increasing employment opportunities.

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