Essay on Benefits and Inconvenience of a Globalized World

Contrastively, globalization itself has great damage to the environment. Due to developed countries going into developing countries to exploit their resources, the natural resources is depleting at a rapid speed, yet we are still not doing enough to stop it. As there are strict laws regarding the environment in developed countries, these companies turn their eyes onto developing countries whose environmental laws are more relaxed in comparison. As these developing countries also want to earn revenue and income that these companies bring, they open the door to them, but destroying Mother Earth at the same time.

Since the 20th century, people have become globalization in their social life. The actions of people and the view of the city are almost the same with other countries. Globalization is not the fashionable word in the world, it is an important word of human economics. There have some economic professions said it could be dangerous of the transaction in different countries, such as global economic crisis. However, globalization has some positive points that it makes people’s lives become better. Even though it has some negative effects on the human such as air pollution, but it also has many positive effects. Nowadays, not only the government, but also people are enjoying globalization in economics, immigration, and knowledge.

For decades till today, the word of “Globalization” has been a controversial topic between the nations. Some people are against and the others are for it. In simple words, the meaning of globalization is the merging of all the world to become a small village, and that is surely will lead to more interaction between the people from different parts of the world.

Individual Identity: Every year my family tries to take a trip back to China in order to see family. On trip back played a big role in shaping my identity. In the summer of 2012 I had the daunting task of travelling alone China. This consisted of mastering the Chinese phrases needed to guide me along the way and some way of figuring out how to transfer flights. Surprisingly the hardest part was not finding my way it was merely being alone I found that I got very lonely in the long 14 hour trip and I needed to find a way to occupy myself in order to avoid loneliness. The things I learned from being lonely help form my identity. I found that the more I tried to push away the loneliness the more it just came

One of the core tenents to running a business is for a business to make money and to increase in size. As a result of that engaging in activities that increase a businesses capability to make money and increase its size is of great importance. Furthermore, as a result of that focus on increasing the sizes of businesses, globalization has furthered the spread of business. Globalization influences the world economically,

“To what extent does Globalization contribute to sustainable prosperity for all people?” That is our related issue for this section. We should embrace this idea minimally. The first four words actually ask is less words “how far does…”, the word globalization means the spread of world ideals and ways of life, the last four words say in more words or less “a way of life that can be kept going and the happiness and wellbeing of all people.” So the issue is asking in more or less words, “How far does globalization give to a way of life that can be kept going and the happiness and wellbeing of all people?” My answer to this question is: globalization minimally contributes to sustainable prosperity for all people.

Global Politics The study of international or rather global politics, seeks to provide an account of politics in the broadest domain. The domain of international politics in the twenty-first century is characterised by the increasing number of actors pursuing common and personal interests. It is largely due to the globalised, interdependent nature of the current international political environment that the concepts of sovereignty and power deserve further evaluation.

The case explains the economics of the soft drink industry. There activities that add value to consumer at nearly every stage of the value chain of the soft drink industry. The war is primarily fought between Coca-Cola and PepsiCo as market leaders in this industry; who combined have roughly a ninety percent market share in their industry. The impact of globalization on competition has allowed both of these major players to find new markets to tap which has allowed each continued growth potential.

Nowadays, people share their ideas and expertise more easily due the revolution of technology. They became using same Clothes, watching same movies, and reading same books. Cuisines were before considered as a part of countries’ culture, however; variety of Asian, Indian, Arab, and others cuisines are found now easily and almost everywhere in the western region. That leads to the term of Globalisation, BBC website defines Globalisation as: “the process by which the world is becoming increasingly interconnected as a result of massively increased trade and cultural exchange” (BBC, N.D.). Globalisation have made a dramatic change in our lives, and reflected on contemporary artwork, population migration, linguistic changes, which

Aspects of Globalisation The Organisation for Economic Cooperation and Development (OECD) defined globalisation as, 'The geographical dispersion of industrial and service activities (for example, research and development, sourcing of inputs, production and distribution and the cross border networking of companies (for example through joint ventures and the sharing of assets) Economic activity is becoming organised on a global scale giving a new international division of labour, with production, investment patterns and movements and technology transfers all becoming global. In this strategy, activities are established in many sites spread over the world, based on a country's comparative

“Globalization is not just one impact of the new technologies that are reshaping the economies of the third millennium” (Thurow 19-31). When speaking of globalization, most people will not have a complete understanding as of what it actually means or what aspects of the world it affects. Globalization promotes free trade and creates jobs. The capital markets attract investors, resort cheap labor, and leads to job losses in some areas of higher wage. While all of this is happening, the world economy is being effected: economically, culturally, socially, and politically.

“The Politics of the Global” gives us a narration of how development of international political economy happens and an understanding of globalization. Globalization is frequently analyzed independently and the author shows how globalization plays out in two multi-cultural democracies; India and USA. It portrays different political possibilities like colonial coercion, post-colonial ambivalence and post-colonial co-option that are opened by global relays of meanings, identities and power from historically different locations. Globalization also explores a variety of spaces and strategies for resisting the colonization of the global. The author identifies bureaucratic delays and red tape that happens in government of India as the same of a business man who uses technology to improve productivity and is professional in his approach. It focuses on reconstructing the state’s economy and its government using the SMART – simple, moral, accountable, responsive and transparent governance- argument. He characterizes globalization into three narratives; the rationalist, historical materialist and the constructivist approaches. Each narrative consists of many theories some of them disagreeing with each other but at the end of the day, each narrative is united through shared models of understanding and explanation that seeks to go beyond the international to access the global (Muppidi, 2004, p.3).

Globalization have some positive impacts on the environment to some extent but there are still some crucial negative impacts of globalization in play. The negative impacts are mainly export-orientated* destruction on the environment whilst the positive impacts are increase awareness and multinational corporations’ research into eco-friendly technology.

Agreements on International Public Policy have never been as abundant as in the last century. In the meantime, Globalisation has become a major phenomenon around the world, at various levels. So, it will be interesting to know if globalisation makes agreements on International Public Policy easier or harder.

• Primary commodities have fallen in price, or stayed steady, while commodities they need has increased, e.g. oil