Pros and Cons of Globalization and Localization Essays

Globalization is the process by which businesses or other organizations develop international influence or start operating on an international scale. According to economic and political writer Doug Bandow, “Some critics of globalization have contended that the process has helped the rich and hurt the poor. However, the best research indicates that this is accurate: ‘Poverty is falling rapidly in those poor countries that are integrating into the global economy.”. In both documentaries “The True Cost” and “Living on One Dollar” we can see how companies exploit their employees for consumer benefit, as well as the social and economic inequalities that are attached with globalization.

According to a Forbes article: It also provides poor countries, through infusions of foreign capital and technology, with the chance to develop economically and by spreading prosperity, creates the conditions in which democracy and respect for human rights may flourish. This is an ethereal goal which hasn’t been achieved in most countries.

Globalization is effectively removing the national boundaries for economic purposes. National boundaries are becoming penetrable for goods and capital because of cheap labor. (Shaw, 2016, p.186). Globalization has both advantages and disadvantages. By transferring the domestic manufacturing jobs to foreign countries such as Mexico or in Asia, Americans companies are bringing cheaper consumer goods. It creates the unemployment’s also the foreign employees are getting lower-wages. (Riordan, M., 2016, NY Times).

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

While globalization is often a highly controversial topic, I believe it is a natural progression of human civilization. It does appear to be have part of the strategy of several political ideologies, that is increasing global trade through exports and more.

If you were to travel anywhere in the world and ask their people what “McDonalds” is, the likelihood of that person knowing the renowned food chain is skyrocketing by year. This is because of Americanization, which is basically the spreading of American cultures and traditions. Americanization is one of the biggest parts of globalization to date. Globalization is the idea of countries getting more and more involved with each other; becoming more and more interconnected. Essentially, increased globalization has a severe impact on several different aspects of general life, but overall, the effects are far more positive.

The continued accelerating pace of change in globalization is forcing an entirely new level of emphasis on individualized, highly targeted marketing across the many regions and countries of the world. Global marketing today must contend with a wider array of constraints, both economic and cultural, that as ever been the case in the past (Gupta, 2003). These constraints fuel a high level of creativity and focus on how to overcome cultural and economic constraints through rapid product development lifecycles, exceptional levels of supply chain integration (Wu, 2011) and greater focus on relationship market over just selling with a transaction mindset alone (Hansen, 2008). The pros and cons of globalization of form the foundation of today's highly competitive global marketing arena, forcing many companies to be more focused on the strategic and long-range over the tactical while compensation for a rapidly changing cultural mix of factors (Osland, 2003). The pros and cons of globalization are evaluated and the unique factors of global marketing also analyzed.

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

Economic globalization has been praised to be the savior of global inequality. However, at the same time, the tremendous development of developing countries like China accounts for global economy growth, compensating for other countries’ loss in this redistribution of money and resources. Although both involved in economic globalization, China has driven over 650 million people out of poverty, while South Africa suffers a 2.3 percent increase in poverty rate. Indeed, distinctive internal factors prevent countries from growing at the same pace, but such imbalance is now hampering reduction in global income inequality, which urges us to reaccelerate this process. Talking about globalization in a business perspective, international businesses globalize their brands by expanding to foreign markets. And they always prioritize localization when they enter a new market, having appropriate translated names and tweaking their core services to generate profit. Localization has been so helpful in the business world that local governments should also be inspired, for example, adjusting globalization activities locally through domestic trade policies. Glocalization, as stated by sociologist Roland Robertson, is “the simultaneity – the co-presence – of both universalizing and particularizing tendencies.” Given the current disparity among countries’ economic development through globalization, local governments should adopt the business model of glocalization in order to maximize national

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

The world and world economies today are very diverse. Everything is constantly changing and our nation is becoming more integrated everyday. The question is are we benefiting or are we getting hurt from this integration? In this paper I will try to weigh the costs and benefits of both Globalization and Localization. Opinions vary greatly concerning this subject. Depending on what part of the world you are from and what your economic standings are you may have an entirely different opinion than someone else. In some aspects Globalization may lessen the impacts of some environmental problems, but may worsen it in others.

Determining the precise costs and benefits of both globalization and localization can be difficult. The difficult part is deciding which has the most beneficial or disturbing affect upon a country. If a country implements either theory - the outcomes will vary depending on the actions taken to implement them. Granted if the wrong concept is attempted in the wrong country, the affects it will have in the long run can be extremely harmful to the citizens of the country and all of its aspects. And in the other hand, if the correct concept is implemented, then the country can enjoy and learn new attributions added to their culture. It can be very difficult to determine exactly which concept is better, in what situation. Through out this

Globalization, like most phenomenon, is controversial. It is defined as the “increasing cross-border flow of goods, services, money, people, information, and culture” (as cited in Ariely, 2011). Though, it has been around for many years, the extent at which it impacts economies, international relationships, and everyday life has become more profound than ever before. Due to its controversial nature, there have been many critiques of its process. Postcolonial critics have argued that it is merely the latest stage in a long history of oppression and exploitation by Western nations, and that the idea of “global citizenship” is just another way for the West to impose its values on the rest of the world. This is not the first claim to be made against globalization, with many others throwing around claims of “Americanization”, and “global erasing the local”. This is due to the lack of understanding of globalization as not just a historical process, but also a “conceptual change in which people are aware of world as a single place, … [with] an important effect on various types of social identities around the world (as cited in Ariely, 2011). However, this process does not seek to eliminate local, social, or national identities. “Globalization and localization are inseparably linked” (as cited in Sobol, 2016). It creates a symbiotic relationship between the global and the local, where they complement and aid each other. The process of globalization is not the latest stage of oppression by Western countries, but rather “the global integration [that] hastens the worldwide convergence of cultures” (as cited in Sobol, 2016). Globalization is a phenomenon that benefits our world, as it is responsible for the integration of cultures, the rise in economies, and aids in international relationships.

Any American who has traveled abroad has most likely seen a business, restaurant, or factory that reminded them of home while walking the streets of Berlin, Russia, or Tokyo- perhaps Coca-Cola, The Gap, Pizza Hut or Mc Donald’s. While walking further, they may have noticed the amount of people wearing Levis blue jeans and T-shirts, many of which have English logos written on them. The tourist may have then gotten into the car to go back to the hotel or friends house, turned on the radio, only to hear their favorite American songs being played. Later on after dinner, they may have turned on the television and seen an old rerun of "Baywatch" or "The Simpsons" dubbed into another language. These are all American things. How could they be in a

Both Globalization and Localization have many costs and benefits, although not always considered when making decisions, that significantly affect a group or country's outcome. Two main benefits of globalization include it being a good path for a country to choose to make more money and also initiate more openness between countries on a political, economic, and cultural level. Moreover, other positive aspects of globalization include, an increase in productivity and improvement in standards of living. On the other hand, the benefits of localization are more beneficial to a single state/country because it involves and allows a country to have it's own specific national style of economic practices and policies that reflect upon the country's distinctiveness.