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Outline:
• Introduction.
• Historical background of the concept.
• Tools of globalization.
• Different levels or aspects of globalization.
• Negatives of globalization
• Positives of globalization.
• Suggestions.
• Conclusion.
Essay on globalization
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Negatives of globalization:
• There is a famous saying “money gets money” The first point in this discipline is that
it aims at making rich the richer and poor the poorer because of its policies, it is very
much in the habit of profiting the rich. The concept of free movement of services,
labour and capital with the end of trade barriers (tariffs and subsidies) if these barriers
removed from between and let these big multi-national companies and others to fight
with the local industry, they will eat these small companies.
Globalization basically creates discrimination between the poor and the rich which is a
big flaw of this concept.
• Another demerit of globalization is that it breeds credit based economies. The first
world countries intentionally do not allow the deficit countries to stand on their feet.
The third world countries are unable to run their economies by their own, so they have
to open their palm in front of big crocodiles. These developed countries and
organizations string conditions with that debt and don’t let the smaller countries to
utilize their own resources and stand on their feet.
• Prevalence of global culture means dominance of Western culture:- the West have
means to promote their culture and traditions. Modern media and entertainment
sources are totally influenced by the West. The younger generation fantasizes the west
and is also playing totally in the hands of western culture. We do not have those tools
to promote our culture and traditions. It is also important to note that Eastern and
Western cultures stands for Islamic and the rest of the world. The Muslims are lacking
the modern sources of interaction to the other world so globalization is totally in the
lap of Western culture.
• It is also important to note that it is eroding the role of nation state fastly. The
concept of nation state is very important in the existence of a state. The concept of
global village is eroding this nation state concept.
• International relations of politics mean new-imperialism. The first world countries
involve themselves in the internal affairs of the unstable countries and uses money to
have the people of their own in the government. By this way, they become able to use
that country for their own self interest and exploit these countries. The politicians of
third world countries are not able to develop good plans for their prosperity and
progress. So the developed countries and MNC’s give them aid with some conditions
and in that way they control the whole country.
• International law is a week law for rich and strong tool against poor. There are many
examples in support of this argument. We have some in near past too. The Iraq war
and to some extent the case of R. Davis. Although he was released after the
settlement with the victim family. But there are some issues on which he can hold
behind bars. The Israeli brutality against the unarmed Palestinians. It is also important
to note that since 1991 America have used his right of veto 14 times from which 11
times he vetoed actions against Israel. International law proceeds with international
court of justice and if someone goes in ICJ against any other. It has to take permission
from the accused country for preceding the case. This makes it week and ill working
law.
• The governments respond more to the MNC’s than to the interest of their own
people.
Positives of globalization:-
The merits of globalization are as follows:-
• The first important merit of globalization is that it is a blessing of comparative
adventure and interdependence. The famous saying of Aristotle “man is a social
animal’ is true even today. Every state is interdependent and no state can live in
isolation. History witnessing the fact that if anyone tried to live in isolation, he faced
great difficulties in response. We have the examples of Sudan, South Korea.
• The next thing which we discuss in the merits of it is promotion of trade instead of
aid. Now the states are giving preference to trade and helping other regional and
worldwide economies to stand on their feet. The aid system has certain ambiguities
with it as we discussed in the demerits. Instead of being burden to the world, every
state introducing free market systems.
• The next blessing of globalization is that it is the era of franimies giving birth to
peace. We can quote the example of United States of America and People Republic
China. They are the biggest rivals in current scenario. Yet, America is the biggest
lender of China. Although they have tussles but they will not fight with each other
• Globalization also helps us in creating harmony among different cultures. There is
nothing which the other world does not know about a specific culture. Every country
has institutions to read about the other cultures. Course of Central Asian countries in
G. C. University. And department of regional studies in American leading universities is
the perfect examples of it. It helps us to come to know the cultures of different areas
of the world.
• Furthermore it is globalization which brings people very close to each other. The
concept of specific language and culture for specific region is emitting from the map of
the world. The harmony among the cultures is possible with the role of globalization
which consequently results into peace.
• It is not ended over here, the concept of globalization also helping us in recognizing
the human rights. Earlier it was the sole responsibility of the state to ensure the rights
of people and no one was allowed to interfere. Every state must facilitate its citizens
with basic rights. It was announced by the UNO that there will be no boundary for
human rights. Every child who comes in this world must enjoy all the rights
• Another positive of globalization which cannot be neglected is that it is always a
blessing for consumer. The competitors will lose their profit margin for attracting more
and more consumer and in this way the consumer not only has lot more choices but
the quality goods too. Whatever the multi nationals do, it is always a blessing for the
consumer. In this way it proves to be the biggest merit of globalization for a common
man. With the decrease in prices of the goods and utensils, the consumer will be able
to have more on cheaper price.
On the other hands it is important to note that it is bound to succeed. It is directly
linked with capitalism. Capitalism is the only system prevailing in the contemporary
world. We have examples in the shape of European Union; shanghai cooperation
organization, SAARC, and some other regional unions are proves of its success.
• The story not ends here; globalization is maximizing the wealth of the world. We are
witnessing the fact that when a multi-national company goes in a region, it creates an
opportunity of employment. It gives financial support for the betterment of roads and
transportation. Sudan is the case study in this context. The oil, gold and gas reservoirs
were giving no benefit to the people of Sudan. The multi-national companies went over
there. They explored these reservoirs and now the government is receiving taxes. The
people are getting more jobs, the economy is growing. It can be said that it changed
the life style of the people of Sudan.
• The last but not the least positive point of globalization is free movement of capital.
It allows people throughout the world to run their business wherever they want. The
free movement of capital is bridging gaps between the countries.
Suggestions:-
• Investing in human capital. Strategies for promoting economic growth and poverty
reduction should be an important part of every country’s economic policy. There is a
need to encourage investment through economic liberalization, privatization and
reduced trade barriers. There is a need to invest in human capital, such as health and
education and creating effective institutions of governance and eradicate corruption.
• Democracy and economic growth are interlinked with each other. Economic growth
can only be possible if there is a stable system of politics. The politicians are willing to
develop their state efficiently. It can happen only when there is democratic system in
the state.
• Need for a new consensus. The political leaders must take choices amid debates if
they intend to seize the opportunities to promote democracy and economic growth. A
new approach is needed. One possible approach would be to set realistic economic
goals, new guidelines for provision of international assistance and to integrate
democracy building programmes into efforts to reduce poverty.
• A real dialogue:- if the goal is to reduce poverty, the governments international
financial institutions and civil society needs to conduct a real dialogue on how to make
globalization work for the poor.
• Trade policy and poverty reduction:- the trade policy should be formulated in such a
way that takes into account the national strategies for poverty reduction and
redistribution.
• UN Recommendations:-
i. Democracy and rule of law should be promoted and there should be efforts to
integrate marginalized groups into mainstream.
ii. There is a need to reduce inequalities in access to resources and opportunities.
iii. Conditions in the informal economies should be improved by providing social
protection programmes and better linkages between formal and informal economies to
improve wages, benefits and working conditions of the workers in the developing
countries.
iv. There should be more opportunities for employment.
v. Youth should be the focus of the unemployment policies.
Conclusion:-
The success of globalization would depend on how different actors that is
governments; multinational institutions, private business and NGO’s pursue the goals,
not only globally but also collectively.