I choose this title because of the controversy that is around this particular theme. This theme causes division between societies: business man and politicians, conservationist and liberals.
First, I think is important to know what globalization is, in order to understand why this topic is so controversial.
First, I think is important to know what globalization is, in order to understand why this topic is so controversial.
What is Globalization?
Globalization is a process that combined social, political, economical, technological and cultural factors. It is the transformation of local or regional phenomena into global ones. People are unified into a single society and function together.
Now that you and I know what the meaning of globalization is, I can start writing about the positive and negative side. Let us start with the positive side.
Globalization is a process that combined social, political, economical, technological and cultural factors. It is the transformation of local or regional phenomena into global ones. People are unified into a single society and function together.
Now that you and I know what the meaning of globalization is, I can start writing about the positive and negative side. Let us start with the positive side.
Good Globalization?
Searching about this topic, I found that many documents refer to multinationals and how these powerful and international companies are important for the globalization process.
Globalization is good for business and trade, especially for multinationals. They are the most powerful force for good in the world.
Now I am going to focus on how these multimillionaire companies help communities to get different and better life styles.
Multinationals can impact in communities in many aspects. First, they look to establish operations such as production, service and sales in countries where they can get cheaper labor and also resources. The meaning of this is the flowing of money in these communities.
Also, multinationals are always looking for new markets. They want to increase sales by trying to create new needs among different target groups. The best examples that have been the principal targets of multinationals are the market of children and young people. These markets have grown into one of the most profitable sectors.
Another way that multinationals help communities is through the construction of public spaces or areas of leisure. Especially for young people; places that they can hang out and feel safe of any kind of danger.
Then, multinational companies have influence with the creation of policies in governments and international organizations such as The European Union and The World Bank. They are also influence in privatization and the opening up of services. They can promote the construction of hospitals, roads, etc. Things that benefit communities, those need these kinds of services.
So, as we can see multinationals spread wealth and work that help to raise people’s life and better ways of doing business.
For this reason, countries around the world are competing fiercely to attract their investment. Especially, developing countries that want to improve the quality of life of every citizen.
Searching about this topic, I found that many documents refer to multinationals and how these powerful and international companies are important for the globalization process.
Globalization is good for business and trade, especially for multinationals. They are the most powerful force for good in the world.
Now I am going to focus on how these multimillionaire companies help communities to get different and better life styles.
Multinationals can impact in communities in many aspects. First, they look to establish operations such as production, service and sales in countries where they can get cheaper labor and also resources. The meaning of this is the flowing of money in these communities.
Also, multinationals are always looking for new markets. They want to increase sales by trying to create new needs among different target groups. The best examples that have been the principal targets of multinationals are the market of children and young people. These markets have grown into one of the most profitable sectors.
Another way that multinationals help communities is through the construction of public spaces or areas of leisure. Especially for young people; places that they can hang out and feel safe of any kind of danger.
Then, multinational companies have influence with the creation of policies in governments and international organizations such as The European Union and The World Bank. They are also influence in privatization and the opening up of services. They can promote the construction of hospitals, roads, etc. Things that benefit communities, those need these kinds of services.
So, as we can see multinationals spread wealth and work that help to raise people’s life and better ways of doing business.
For this reason, countries around the world are competing fiercely to attract their investment. Especially, developing countries that want to improve the quality of life of every citizen.
Bad Globalization?
The World Economic Forum has been seen as part of the negative side of globalization. Its influence over governments in shaping the global economy has seen as a disadvantage of globalization.
Governments around the world have to follow two rules from WEF.
First, deregulate and privatize. Around 90 countries have been doing it through policies of the World Bank and International Monetary Fund. The consequences of these two actions have been the growth of poverty in the regions of the developing countries.
Second, business can regulate itself. Every corporation has to practice ethical standards in social issues and environmental damage. Unfortunately, these kinds of practices are only seeing as a public relation exercise not as ethical practice.
With all these points for and against globalization I cannot say if is good or bad. It looks to me that like everything in this life, has positive and negative side.
For some people, it is very good. I present the case of the multinationals that take a lot of advantage of this process and get a lot of money. I wrote examples about how these companies help communities. This is a good example to realize that not only big business get benefits, this also help to integrate poor people to this phenomenon to get also benefits.
When companies go to different countries to build factories, they employ local workers. So, as I mentioned before globalization brings work and this brings all kind of benefits to get a better life.
On the other hand, I found this negative side about globalization that blames the World Economic Forum because of its policies that impose to the governments of every country. According to the detractors, these policies like deregulation and privatization are responsible for the impoverishment in the developing countries.
So I cannot say that my opinion about globalization is god or bad. Maybe if I get something good about some benefit. Probably I am going to support it, but if I do not get anything or get something that I consider is not enough for me, I am going to be against it.
The World Economic Forum has been seen as part of the negative side of globalization. Its influence over governments in shaping the global economy has seen as a disadvantage of globalization.
Governments around the world have to follow two rules from WEF.
First, deregulate and privatize. Around 90 countries have been doing it through policies of the World Bank and International Monetary Fund. The consequences of these two actions have been the growth of poverty in the regions of the developing countries.
Second, business can regulate itself. Every corporation has to practice ethical standards in social issues and environmental damage. Unfortunately, these kinds of practices are only seeing as a public relation exercise not as ethical practice.
With all these points for and against globalization I cannot say if is good or bad. It looks to me that like everything in this life, has positive and negative side.
For some people, it is very good. I present the case of the multinationals that take a lot of advantage of this process and get a lot of money. I wrote examples about how these companies help communities. This is a good example to realize that not only big business get benefits, this also help to integrate poor people to this phenomenon to get also benefits.
When companies go to different countries to build factories, they employ local workers. So, as I mentioned before globalization brings work and this brings all kind of benefits to get a better life.
On the other hand, I found this negative side about globalization that blames the World Economic Forum because of its policies that impose to the governments of every country. According to the detractors, these policies like deregulation and privatization are responsible for the impoverishment in the developing countries.
So I cannot say that my opinion about globalization is god or bad. Maybe if I get something good about some benefit. Probably I am going to support it, but if I do not get anything or get something that I consider is not enough for me, I am going to be against it.
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