Globalization Samples for Students †MyAssignmenthelp.com

Question: Discuss about the Globalization. Answer: Introduction When the term globalization is mentioned to most people, what comes into their minds? Globalization is a term that is used to define the exchange of ideas and views, products and services as well as other aspects of culture at an international level. Globalization has made the world like a small village where individuals interact on a daily basis. A good example of globalization is for instance when nations buy or sell to other countries. For example, China selling its communication products to India (Kim, 2015). The speed at which globalization is taking place at is affected by factors such as technology. For instance, with the introduction of the social media platforms like Facebook, Twitter, Instagram and LinkedIn, most people across the world can interact, meet, and exchange ideas and cultures. Isnt this what globalization is about? Globalization has brought with it several impacts. Some are positive while others are destructive (Munck, 2015). But this is what is always expected. When something is good, individuals also have to remember that a coin has two sides. Nations have developed as a result of globalization while others have gone into war, like for instance war against drug trafficking in the North. The South consists of developing nations which according to statistics comprise a larger number of people who engage in drug trafficking. Due to interaction at an international level, individuals from Mexico or Latin America (which are classified in the South) transport illicit drugs like Heroin into nations like the United States of America and France (which are classified in the North) (Haughton, 2012). Countries or Industries are affected Globalization is not a new concept in the society. It began a long time ago with trading activities. However, large scale globalization began in the early 1820s. Between the 19th and 20th century, the connectivity grew very quickly due to advanced technologies hence involving a large number of nations. Almost all states are affected by globalization, from the less developed to the developed. The interaction among these nations is what brings about development. Several aspects of globalization have been identified (Boudreaux, 2015). For instance, in the year 2000, the IMF (International Monetary Fund) gave identification to the four primary aspects of globalization which are migration and movement of people, trade and transactions, dissemination of knowledge and capital and investment. These four parts play a significant role to the impacts of globalization in all nations. Almost all sectors of the economy have picked shape as result of globalization, be it directly or indirectly. When taking a keen look at all the industries available in a nation, which firm has not employed modern technologies to facilitate productivity? Are all the technologies used made in that business or country? No. Most technologies have been imported from other countries. This also applies to other products and services. For instance, in the year 2016, the top Australian imports from the world were as follows (World's Richest Countries, 2016.): Electronic equipment: twenty point two (20.2) billion US dollars which made up ten point six percent (10.6%). Medical, technical equipment: seven point eight billion US dollars (7.8) which comprised of four point one percent (4.1%) of the imports. Vehicles: twenty-six point two (26.2) billion US dollars, consisting of thirteen point nine (13.9) percent of the total imports of Mineral fuels which include oil: seventeen point six (17.6) billion US dollars Machinery: twenty-seven point three (27.3) billion US dollars. This made up to fourteen point four of the total imports in Australia. This amounts to one hundred and eighty-nine billion US dollars of imports in Australia in the year 2016. From the statists above, all sectors of the economy are affected by globalization. For infrastructure to develop, for instance, machinery, vehicles and fuel are a necessity. Despite the fact that a nation might be producing its products, there are some which will have to be imported. The Transportation, Agricultural, tourism, telecommunications, among other industries are all affected by globalization. The social media is playing a key role in facilitating the rate at which globalization is taking place. Through Instagram, Twitter, Facebook, and other social media platforms which are greatly employed by companies to advertise, people can locate places where they can get products for their firms to use as raw materials. It is through the internet that tourists can discover new places to visit in the world. Multimediality, which is the ability of the web communication platforms to support several formats of documents like videos, audio and written documents makes it possible for organizations to post crucial information regarding their organization which can be useful for investors in the case of a company and tourists in the case of a tourist organization. Positive cases of Globalization Globalization has several merits, development, cultural interaction, increased social awareness, increased competition, increased markets, stable security and wealth equality in the world (Ben-Rafael, 2012). Due to globalization, most people are aware of the latest technologies which can be used to improve productivity in firms. For instance, farmers can import required farm inputs like fertilizers to enhance productivity. When the agricultural industry is well taken care of, the nation is likely to develop since there will be sufficient food to feed the population. Nevertheless, new technologies in the Agricultural sector gives room for employment opportunities to those who will deal with the new machines. Increased competition in the world due to globalization leads to improvements in the quality and quantity of goods and services. For instance, Kenya and Ethiopia are known for coffee production, with Arabica and Robusta coffees being the major variety. For them to gain a significant market in the world, several factors have to be put into consideration whereby quality and quantity are included. The two nations will try their best to improve the standards of their products to gain attention from the world market. The final consumer is assured of quality commodity due to the global competition. In another case, there are several manufacturers of phones in the world which include Samsung, LG, Motorola and Apple. This company give the consumer a hard time in choosing which the best phone is, to differentiate them, manufacturers improve on the features. The global competition has led to the production of the best communication gadgets. With interaction all over the world, industries can identify new markets. A good example is the Coca-Cola Company which is a multinational company. The social media which is playing a great part in globalization has provided a forum whereby marketing is done targeting the entire world population. Through this, the company has widened its markets all over the world hence generation of high returns inwards. From the diffusion theory, new ideas originate from a particular place and spread. For instance, a car produced in Germany can as well be found in Australia. Nevertheless, there is also a possibility of producing a similar product in another country. Through globalization, individuals share ideas which help them develop their skills. In the process, the distribution of wealth in the world is also gaining balance. Initially, before globalization grew to large scale, the range in the development of nations was great. Probably, this might be one of the reasons why there are developed nations and developing nations (Lane, 2013). The developed nations were well-off before globalization came into existence while the developing nations were shut in the dark. With improvements in technology, ideas started being shared and the developing nations got access to what they were missing from the developed nations. Currently, nations have access to the latest technologies. This has helped to bring balance to the world economy. When it comes to security, individuals learn new techniques from other countries. For instance, after the world wars, most nations learned that they were in the risk of attacks, they started to look for ways of defending their nations whereby one of the methods was to engage in the trade of military armaments from other countries (Lofdahl, 2014). Now, with globalization nations can monitor events in other countries. In case there are plans for attacks, they are well prepared since they have the information already. With global television channels like the British Broadcast Cooperation, Al-Jazeera and CCTV, news spread all over the world within a very short time duration. Negative cases of Globalization Despite the fact that globalization has led to a world in which people interact freely, it has also brought with it negative influence. For instance, increased human and drug trafficking, and increased warfare. With globalization, people move to different parts of the world. Visitors bring with them new cultures which might not be appealing to the natives (Markovic?, 2012). For instance, according to the African culture, there are certain kinds of clothes which women are not supposed to wear. They include tight clothing which reveal their body parts as well as miniskirts. But what is happening with globalization? In fact the situation is, my cloth, my choice. There is no one to dictate what to wear except for the social media and fashion websites (Lule, 2012). The rates of immorality have gone high. With globalization, individuals of all races, gender, age, and nationality get access to all sought of information on social accounts like YouTube. For instance, pornographic videos, pict ures and messages. Some end up to commercial sex. One of the alarming concerns in the world is the drug trafficking situation in the US-Mexico border. Illicit drugs from the south like Marijuana, Cocaine and heroin find their way to the US through the Mexico border due to the globalization concept. This is not only happening in the US and Mexico only, but the entire world (Storti and Grauwe, 2013). How many cases of tourism have heard in the world where drug trafficking and sexual harassments are involved? Several. In fact in some cases, individuals had to be returned in their nations. The geographic environment of Latin America supports the production of drugs. The drugs include heroin and cocaine. Through globalization, these drugs can be transported to the United States where they find their market. Drug traffickers from Latin America can find an easy route to the US through Mexico and Central America. These Drugs have ruined the lives of many people in the US and other parts of the North Prostitution Globalization has led to the development of major cities where prostitution activities majorly take place. Prostitutes, who include children and women move into this urban areas to work as sexual workers (Kemp2013). The number of sex workers is increasing in the world as a result of globalization activities between the Northern and Southern nations. Women and children are involved in this illegal and immoral business. For instance, a report by UNICEF in the year 2003 indicated that over five hundred thousand (500,000) children Brazil in, three hundred and twenty-five (325,000) children in the US and four hundred thousand (400,000) children in India were introduced into prostitution (Kon, 2017). This condition is worsening as the impacts of globalization are increasing (Kunnie, 2015). A report by TOCTA (Transnational Organized Crime Threat Assessment) indicated that between the year 2007 and 2008, more than thirty-three (33) million dollars were spent on the smuggling of firearms. This affected the business activities in the world since criminals got access to weapons which they used when committing robbery (Stapley, 2016). Conclusion Globalization is crucial for the development of various sectors of the economy. For the developing nations to achieve the millennium development goals (MDG), globalization has to be a necessity. Currently, most industries rely on globalization to exist (Sua?rez-Orozco, 2014). Such industries include the tourism and technological industries. With the social media, the rate at which globalization is taking place is alarming. People can interact freely and at any time and place, in fact, it has made the world to be a global village where an individual in Australia is able to monitor what is happening in Japan or France. Some of the advantages associated with globalization include increased markets, balanced world economy and improved security levels. Some disadvantages include increased levels of immorality, drug, firearms, and human trafficking. The effects of globalization can be controlled to yield the best results. Through increasing security, problems such as drug trafficking can be reduced. With globalization providing a wide platform to study, people can be thought on how to conduct themselves with respect. This can reduce immoralities such as commercial sex and drug abuse. Substance abuse is what increases the need for drug trafficking, if there is no market, then the sales of a commodity are likely to reduce. The rate at which globalization is moving is great and there is a possibility that in the next five years, the gap between nations will be very minimal. This calls for a great attention so that majorly, the positive impacts are more than the demerits. References Ben-Rafael, E. (2012). Identity, culture and globalization. Leiden [u.a.], Brill. Boudreaux, D. J. (2015). Globalization. Westport, Conn, Greenwood Press. Haughton, S. A. (2012). Drugged Out: Globalisation and Jamaicas Resilence to Drug Trafficking. Lanham, Rowman Littlefield Pub. Group. Kempadoo, K. (2013). Prostitution and globalization: sex tourism in the Caribbean. S.l, S.O.G.M Kim, S. S. (2015). East Asia and globalization. Lanham [u.a.], Rowman and Littlefield Kon, A. (2017). Impacts of globalization and economic stabilization policies on European and Latin American labor structures. Sa?o Paulo, Brazil, Fundac?a?o Getulio Vargas, Escola de Administrac?a?o de Empresas de Sa?o Paulo Kunnie, J. (2015). The cost of globalization: dangers to the earth and its people. Lane, J.-E. (2013). Globalization - The Juggernaut Of The 21st Century. Burlington, Vt, Ashgate Lofdahl, C. L. (2014). Environmental impacts of globalization and trade: a systems study. Cambridge, Mass. [u.a.], MIT Press Lule, J. (2012). Globalization and media: global village of Babel. Lanham, Md, Rowman Littlefield. Markovic?, M. R. (2012). Impact of globalization on organizational culture, behavior and gender roles. Charlotte, Information Age Pub Munck, R. (2015). Globalization and social exclusion: a transformationalist perspective. Bloomfield, CT, Kumarian Press. Stapley, Lionel F. (2016). Globalization and Terrorism. Karnac Books. Storti, C. C., Grauwe, P. D. (2013). Illicit trade and the global economy. Cambridge, Mass, MIT Press. Sua?rez-Orozco, M. M. (2014). Globalization culture and education for the new Millennium. Berkeley, Calif, Univ. of California Press World's Richest Countries, 2016. Top Australian Imports from the World. [Online] Available at: https://www.worldsrichestcountries.com/top_australia_imports.html [Accessed 10 May 2017].