Globalization has both benefits and problems according to the document. It benefits developed countries, foreign investors, and the richest people through opportunities for trade, investment, and business. However, it also causes problems like environmental degradation, terrorism, disease spread, cultural deterioration, climate change, unemployment, and overexploitation of natural resources. While globalization allows more participation in the global economy, its impacts are uneven and it remains a complex topic with reasonable debates on both sides of the issues.
3. Introduction……..
Globalization is a complex and multi faceted set of
having diverse and widespread impacts on human
societies worldwide. It can be defined as “changing the
nature of human interaction across a wide range of
spheres including the economic, political, social and
technological and environmental issues the process of
change can be described as globalizing in the sense
that boundaries of various kinds are becoming eroded.
This erosion can be seen to be occurring along three
dimensions: spatial, temporal and cognitive.” (Lee,
2003).
4. Introduction……
Historically globalization has evolved through three
historical phases. In his best-selling book The Earth Is
Flat, Thomas Friedman characterized three phases;
Globalization 1.0 lasted from 1492 to 1800 and
“shrank the world from a size large to a size medium.”
This was the age of mercantilism and colonialism. The
driving force was brawn, not brains “how much
muscle, how much horse power, wind power, or, later,
steam power.
5. Introduction
Secondly, Globalization 2.0 ran from 1800 to the mid-
twentieth century; it was ended by World War II. It
“shrank the world from a size medium to a size small.”
This was the age of pax Britannica. The driving force
was new institutions, particularly the emergence of
global markets and multinational corporations
(MNCs).
6. Introduction…..
Thirdly, Globalization 3.0 arrived during the second
half of the twentieth century and “is shrinking the
world from a size small to a size tiny and flattening the
playing field at the same time.” This is stage of pax
Americana, and the driving force is the internet, “the
new found power for individuals to collaborate and
compete globally.” Individuals now communicate,
innovate, form groups, conduct business, and move
money worldwide just the way MNCs do.
7. Continue…..
Brains, not brawn or institutions, shape the world
economy. And that world now increasingly flat,
meaning that every country and civilization can take
part. China, India, and potentially, Muslim countries
“every colour of human rainbow” can participate in the
globalization chat room (Nau, 2008). However all is
not perfect by the French President Jacques Chirac,
once expressed his concern about globalization he said
that Globalization was not improving the lives of those
most in need of their promised benefits.
8. PROBLEMS WITH GLOBALIZATION
Environmental pollution; for over a quarter century
researchers have been cognizant of the potential for
the rise in trade to negatively impact the environment.
Trade has grown substantially over the past 50 years,
both in value and volume. Between 1951 and 2004, the
average annual growth rate of world trade (by tonnage)
was 5.7%; when measured by present value, the
average growth rate was 7.4% (Hummels, 2007, p. 133).
9. Continue….
Moreover, there has been little (to no) effort exerted at
linking up the two broad literatures concerning the
direct and indirect effects of globalization on our
natural environment. The direct effects include
emissions and environmental damage associated with
the physical movement of goods between exporters
and importers. This includes emissions from fossil fuel
use, oil spills, and introductions of exotic species. At
the same time, growth in trade and foreign direct
investment has numerous indirect effects
10. problems
Secondly, Terrorism problem; terrorism in general
term s refers to the intentional destruction of
resources, in particular physical assets the scale, and
knowledge assets, i.e. the lives and knowledge of one
individual or one group of people. In the eighties
already attacks against business or other private
interest added up to three quarters of all “anti-US-
American” terrorists attacks (Kovsky, 1990).
11. Continue….
The Information Technology-revolution and trade
liberation did also lead to a re-organisation of and the
forming of new alliances between different terrorist
groups. IT offers an effective and inexpensive way to
co-ordinate terrorist activities across borders.
Moreover, IT offers also an instrument for learning
about the functioning of firms, governments, markets
and their weak points or symbols.
12. Continue…..
For example, it is not self-evident that somebody
abhorring western capitalism will anticipate the
symbolic value of WTC, i.e. meaning Wall Street,
while setting in the hills of Afghanistan. Another
example is the shrewdness by which venerable Islamic
charity organizations were hijacked to move large
sums of money around the globe (Schneider, 2002).
13. Problems……
Thirdly, Spread of diseases; the flow of information,
goods, capital and people across political and geographical
boundaries has helped spread of deadliest infectious
diseases known to human. Through history, early diseases
that spread from Asia to Europe were Bubonic plague,
influenza of various types and similar infectious diseases.
In the current era of globalization, the world is more
interdependent than at any time, Efficient and inexpensive
transportation has left few places in accessible and
increased global trade in agriculture has brought more and
more people in contact with animal diseases that have
subsequently jumped species cited from
14. Continue….
[Daulaire, N.(July 12, 1999) Globalization and Health].
Also infectious diseases arise from intensified trade in
particular goods and services this can be observed in
the trends towards globalization of the food industry
data from industrialized countries indicates that up to
10% of populations are affected annually by food borne
diseases (Karfestein et al, 1997).
15. Problems…
Fourthly, Cultural deteriorations; the central
problem of today’s global interactions is the tension
between cultural homogenization and cultural
heterogenization argument subspecialties’ into either
an argument about Americanization or an argument
about commoditization also cultural deterioration had
created new markets for films companies, art
impresarios and travel agencies in other way cultural
deterioration is the one of the central forces of the
modern world [Schech and Haggis, 2002]
16. Problems….
Fifthly, Global climate change; current concerns about
global climate can be divided into two main subject; rising
average land and sea surface temperatures (‘global
warming”), and increasing frequency of extreme weather
condition in many parts of the world. There are
aetiologically linked, the climatic change has contained the
range of infectious diseases, while weather affecting the
timing and intensity of outbreaks (Dobson and carper,
1993). Principally due to excessive and inefficient
combustion of fossil fuels, leading to the build up of green
house gases that trap heat within the atmosphere
(McMichael, 1993
17. Continue…..
Patterns of precipitation have also changed: arid and semi-
arid regions are becoming drier, while other areas,
especially in mid-to-high latitudes, are becoming wetter,
with a disproportionate increase in frequency of the
heaviest precipitation events.
Sixthly, Unemployment problem; during the past 100
years, enormous advances in technology have
revolutionized most aspects of human activity, including
commerce, communications, travel, engineering, and
health care. These developments have both the products
and crucial driving forces of globalization (Sc
holte, 2000).
18. Continue…
Technological change since the last quarter twentieth
century has been dominated by unprecedented
advances in information and communication
technologies (ICTs). ICTs have fundamentally altered
the speed and nature of communications in personal
and professional settings, Transforming societies and
economies. They are increasingly recognized as the
causes of unemployment in various sectors as there is
reduction in number of labours replaced by the
modern machines and modern skills.
19. Problems….
Lastly, Overexploitation of natural resources; As
the first decade of the new millennium continues to
unfold. Africa and Africans continue to face many
serious problems of poverty and deprivation; however
Africa is blessed with a lot of natural resources such as
minerals, natural gases, fuels and forestry resources. It
has been suggested that African states, weakened
considerably by the forces of globalization,
20. Continue….
large countries with a significant level of market power
usually behave like monopolistic firms and attempt to
manipulate supply to maximize their revenues from
exports. Thus, countries that have market power
impose restrictions on trade and in dose investment in
small countries for their benefits as through over
exploitation of natural resources (Klay, 2013 p.147).
21. Who does Globalization benefits
Although, the world now increasingly flat, meaning
that every country and civilization can take part.
China, India, and potentially, Muslim countries “every
colour of human rainbow” can participate in the
globalization chat room (Nau, 2008). But There are
most people who does benefit globalization: Foreign
investors, Developed countries and Rich people (upper
class;
22. Continue….
Developed countries; the emergence of the global
economy has been facilitated, since 1945, by the significant
growth of international trade, as well as of regional and
international organizations that govern trade relation since
the creation of the General Agreement on Tariffs and trade
(GATT) in 1994, member states have undertaken successive
rounds of negotiations to reduce barriers to trade, 1995.
The economic impacts of this proliferation i bilateral,
regional and international trade agreements has been
enormous, since 1950, gross world production has
increased five-fold while world trade has increased
fourteen-fold (Lang, 2001)
23. Continue….
However most benefited on this trade revolution are
developed countries as they control world market,
through exportation of manufactured goods to the rest
of the worlds which from has generated a lot of income
and triggered development in economically, socially,
culturally, politically and military affairs
24. Continue…..
Foreign investors; Economic globalization describes
the restructuring of the world economy, from one
centred on production and exchange relations
between economic entities located in different
countries (international economy), towards “a highly
complex, kaleidoscope structure involving the
fragmentation of many production processes and their
geographical relocation on a global scale in ways which
slice through national boundaries”(Dicken, 1998)
25. Continue….
This has emphasized influx of foreign investors various
countries blessed resources for stance African
countries which are gifted a lot of natural resources i.e.
minerals, energy resources. Globalization has
benefited by investors as through free trade foreigners
across boundaries to the lest of the world for
investment also technological advancement and
transport system has marked a easy way for investors
to persuade their manage mental functions.
26. Continue…..
Richest people (Upper class); A part from developed
countries and foreign investors another part benefited
from globalization Examples include global
environmental change, undocumented population
mobility (e.g. trafficking of people), and money
laundering along with changes to spatial boundaries,
Lee (2003)argues that globalization is leading to
changes in how we experience and perceive time.
Globalization is shaping the timeframe in which
27. Continue….
natural and human-induced phenomena take place; in
developing countries richest people are the one who
benefits globalization as they have a large capital to
invest in various insures and also use capital to buy
machines from abroad for stance in Tanzania
BAKHRESA and MOHAMED DEWJI is an example of
the rich people who benefit globalization as has used it
by construction of industries which manufacture foods
and other domestics products.
28. conclusion
Generally; despite the contested nature of
globalization and the continued debates about its
scope, pace and driving force, there is a clear need for
better conceptual and empirical understanding of the
specific impacts of globalization. And it is shown that
globalization has both positive and negative
consequences on the human life some of the positive
consequences are
29. Continue….
Advancement on transport system i.e. construction of
electronic trains, simplicity on communication among
the people i.e. people in America can communicate
direct with one from Africa, simplicity on trade
activities i.e. advancement in money system make the
trade easy one can do bank transactions while sited at
home, Easy narration of information from one place to
another this is due to the development of Information
Technology(IT), Globalization has facilitated
improvement on security system and military
advancement.
30. References
Henry R. Nau, Perspectives on International Relations 2nd
Edition, 2008.
Dicken P. Global shift; Transforming the world economy 3rd
Edition, London, sage, 1998.
Dr. George klay kieh Jr, Africa and the new Globalization,
2013.
Lee K. Globalization and health, an introduction, London,
Palgrave Macmillan, 2003.
Kaferstein fk et al, Food borne diseases control; a
Transnational challenges Emerging infectious Diseases,
1997
31. Continue…..
Scholte JA Globalization, a critical Introduction,
London, Palgrave Macmillan, 2000.
David Hummels, 2007, “Transportation costs and
International trade in the second era of globalization,”
Journal of Economic perspectives, 21(3); 133.
Steve Kovsky “corporate Terrorism: A new global
Threat” Management review 79, 1990.
Friedrich Schneider “Macroeconomics; The financial
flow of Islamic Terrorism, 2002
Dobson A, Carper R. Biodiversity lancet 1993.
32. Continue…..
Dobson A, Carper R. Biodiversity lancet 1993.
Lang T. Trade, public Health and Food in: McKee Mg,
Stott R, International cooperation in Health, London,
Oxford university press, 2001.
McMichael AJ, planetary overload; global
environmental change and the health of the human
species Cambridge, Cambridge university press, 1993.
Susanne schech and Jane Haggis, Development; a
cultural studies Reader, 2002