The Effects of Globalization on the Philippines and India
Lloyd Wood
In this paper the author will briefly look at the globalization of two nations, the Philippines and India. We will look at each country before globalization, the turning point where globalization began for each nation, and finally the effects of globalization on each country. This writer believes it can be successfully argued that the globalization of each country has improved the overall standard of living in each country. We will also look at the positive and the negative effects globalization has brought to each nation.
Globalization In The Philippines
The Philippines Before Globalization Throughout the last century the
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Now at 9 in the evening the city was busy as young workers were in the streets heading to their jobs to start their work shifts at call centers, answering calls 9 PM to 5 AM from international markets. Service sectors have helped the economy grow up to 5% yearly and expects the number of jobs to rise to between 800,000- 1,000,000 from a base of 250,000 (Llitoro 2007)..
Some Filipinos Many felt the Philippines were negatively impacted by globalization. Indigenous people such as local farmers with small plots of land could not meet the demands of globalized agriculture and lost or sold their family land to large farming corporations or mining companies looking for the mineral deposits underneath their land. Farmers were forced to move to urban areas to look for work or live in poverty. Since globalization had taken place agricultural jobs dropped from a third to a fifth of the nation's GDP (Sibal 2010). These families have none of the education, technical, or computers skills needed to make a living in a global economy. One can easily imagine how the loss of family land, work, the movement of people who have lived in the same area for generations have caused some discontent. Some religious groups such as Muslims whose numbers and influence are growing on the Philippines are increasingly unhappy being under Filipino rule. They are displeased with the moral liberalization that is inevitable when
From all of this is plain to see that globalization can have positive and negative effects upon a society, but a country that refuses to open its doors to the world face economic stagnation and poverty for its people. Those
Globalization’s impact on sustainable prosperity is examined in the source. It does this by asking a question. Also examined is the impact on all people and this would include both developing nations as well as developed nations. The source is also somewhat leading the reader to question the extent of the impact, which implies that there is a positive impact on sustainable prosperity. Also the fact that it states, “for all people” implies that all people benefit. While globalization may contribute to sustainability to a limited extent or in certain circumstances, on the whole, globalization degrades rather than builds sustainable prosperity. This will be explored through looking at globalization’s systems and forces, specifically consumerism, the media and transnational corporations.
That this was also the decade in which globalization came into full swing is more than a minor inconvenience for its advocates” (Rodrick). If globalization is supposed to present an advantage to developing countries, why have there been so many setbacks? Indeed, both sides will have its winners and losers regardless of which side of the development coin they live on, but for the most part globalization has lifted millions out of poverty, improved the standard of living, and increased life expectancy rates all while keeping developed nations relatively competitive to their developing counterparts. Globalization’s value is that it seeks to create an economic equilibrium in the world, where parties are free from barriers and can benefit from one another through a more efficient allocation of resources. This allows all participating nations to contribute to an integrated economy and where all nations willing to embrace globalization have the potential to benefit. Regardless, the path to successful integration to the global economy has not always been easy. There is contention towards globalization as some argue that it is detrimental to developed nations, while many developing countries that were forced to hastily open up their markets and integrate failed. However, if implemented properly, globalization has proven that it can benefit all parties involved and that the potential gains outweigh the losses.
Globalization has had both a positive and negative impact throughout the world. An interconnectedness within the world where complicated issues can arise creating an unevenness that can contribute to a societies as well as the individuals happiness in life (El-Ojelli, 2006:p1). The negative impacts of
Globalization in this context will largely rely upon economic globalization. Bhagwati’s definition is especially useful in determining the premise of economic globalization that he defines as an “integration of national economies into the international economy through trade, direct foreign investment (by corporations and multinationals), short-term capital flows, international flows of workers and humanity generally, and flows of technology” (3). Given the wide dimensions under economic globalization, quantifying the success or failure may be a challenging feat but econometric such as GDP growth rate will be a good indicator for the scope of this paper. Nevertheless, globalization needs not be confined in economic realm but also extends to the spread of ideas.
Globalization has transformed the world economy over the past years. The spread of ideas and technology across borders has facilitated new avenues of trade, creating new markets and expanding others. However not only has the world benefitted
Globalization has been an integral part of India’s progress. It has opened up new avenues for growth.
An economic marvel has grasped countries around the world, the scope of which only continues to grow—globalization. From our favourite retail chains to the producers of our cellphones and computers, globalization influences every aspect of our lives. The emergence of the phenomenon of globalization in the 1980’s has positively impacted the international economic community, by reducing trade barriers and in turn creating jobs, innovated technology, as well as stimulating economic growth in developing countries.
During the last decade of the twentieth century, the word ‘globalization’ has become an increasingly prominent feature of political, social, and economic discussion in academic and policymaking circles, as well as in the media. The processes and outcomes of globalization drew attention and debates that had one thing in common. The research shows that nearly everyone agrees that globalization is a trend that is changing the face of the world, and as a result the world society lives in a more ‘globalized’ world. Nearly two and a half decades passed since 1990s, and studies have been conducted to examine the causes and consequences of globalization. Moreover, nearly every person experiences some type of globalization and can testify firsthand the effects it has on their life, society, and the state. The analysis of the effects that globalization dynamics have on the world society indicates that globalization has a significant positive impact via spreading opportunities and wealth across nations, stimulating innovation and productivity, enhancing the economic development of poorer countries, and helping to improve living standards.
Thus, Mark's forte is the Filipino perspective, as he spent the majority of the time in East Asia there, and became embedded to the culture with his marriage. Throughout his interview he discusses a very wide range of topics, however, the Macros dictatorship in the Philippines, the lack of educational opportunities beyond fifth grade, the prior lack of any modern conveniences, and how there is a global movement of Westernization are discussed as following.
As a result of these reforms, the world has been opened up to India and globalization had begun. Globalization has given India new opportunities in economics, social, traditional and governmental methods. The economic sector has had the biggest changes in India. As a result of globalization, westernization has become very apparent in Indian society today and has changed the daily life of the Indian. For instance, English language, clothing, and behaviors, which are more western and taking the place of Indian traditions, are the new ways of the younger generation of India. Globalization offers the youth economic liberation With remarkable growth, India is considered one of the fastest growing countries in the world today (Komath, 2010). Outsourcing by IT and BPO (business process outsourcing) has had tremendous growth in India with a rise in trained professionals that are employed by local and foreign companies to service customers in the U.S. and Europe. Globalization has had a good influence overall on the economy (Somalkar, n.d.). Industry has brought many big manufacturing companies to India which has boosted the economy, by offering employment to the Indian people. But in the farming areas or rural areas of India, it is a much different feeling. It is said that the liberation that the youth enjoy has had a negative impact of the rural areas saying the it has lowered the
Many United States products are not sold or distributed in other countries for various reasons such as bans and trade barriers. Amazon, for example, is the largest internet provider for goods and services in the world. But, many of its items are not readily available abroad. In India, the Amazon Dash which is a small device used to order items already pre-selected from Amazon is not available. Since Amazon is a worldwide producer of goods it should ultimately be offered for sale. India has flourished in the past couple of years through their economy and business ethics. Trade is more readily possible and their taxes have lowered due to economic changes in the years 2017-2018. Since their country is rich in culture and vast throughout, business is further possible, and current events have proven that.
There are many ways to look at and understand modern globalization. In general terms, globalization means that the world, as a whole, is leading to a more utopian society, meaning that the globe is become very interconnected and similarities are growing between different regions and cultures of the world. Globalization is a phenomenon that has been evolving since before 10,000 B.C. This constant evolution can cause many problems, but it can also solve many issues positively as well. Development of any country, however, seems to be a key issue when discussing globalization. Globalization and development present two different factors in the world today. Many countries are lacking in their own development while the world around them is becoming more developed and globalized. Globalization hinders development because with globalization, less developed countries depend on more developed countries to help them to sustainability and self-reliance.
“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.
Philippines, as a democratic country, adapts the libertarian culture that Mill believes to be the best for achieving intellectual and social development. Every Filipino citizen is sovereign and free to do what he wants as long as he does not harm others. Mill’s proposed ways to obtain ‘social liberty’, which are having the