Globalization Provides More Benefits Than Localization

1012 Words Jun 23rd, 2018 5 Pages
Globalization is an ongoing trend in the present world and includes diverse processes embracing political, social, economic, technological, and cultural change. It encapsulates the scope of the uniformity of political ideas and practices: the geographical extent of social interaction and reflexivity; the degree of integration of economic activities; the diffusion of technology (information, communications, transport), which overcomes the significance of space; and the extent of the dissemination of cultural symbols and signification. Economic globalization, which concerns trade and commerce between nations, is just one aspect of globalization.

A country has to give up certain advantages due to globalization, as market economies stress
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Free trade yields the most efficient allocation of resources, greater incomes and higher productivity for all partners. The economies of countries are linked, and the exchange of technology benefits participating nations. Wages will eventually rise, and unemployment will fall. Consumers will increase due to the improvement of economy. Factories will start to compete with one another for workers, and urban wages that will begin to rise.

When people emphasize their local distinctiveness in politics, culture, and economics, they move from global dependence towards local

interdependence. It would be beneficial to reverse many of the present trends and policies, to stimulate local production and decrease global trade. Economic integration is hard to avoid, but underdeveloped countries, if they globalize, to lose local self-sufficiency, cultural diversity, and political autonomy. The logic of a nation cannot be the logic of nations.

Pitchon, from Share International Media Services, states that nations can get benefits from localization regarding environmental issues, healthcare, and labor laws. She thinks many people could remain on their land as self-sufficient smallholders in many Third World countries. It is possible to assume that everybody cannot live in cities, and would not want to if they could survive on their land. It would lead to less pollution due to less transportation of goods across long distances around the world to