Globalisation is here to stay, driven by advances in information technology and economic progress and increased international trade and investment. It has had wide - ranging positive and negative effects on employment and economic development, scientific research, language and culture and the environment.
One positive result of globalisation is the global distribution of labour, it is now easier to move to other countries to find work, and this leads to better employment prospects for people and to more diverse workplaces. Not only this, capital and industrial resources have migrated to developing nations, thus providing local jobs and boosting local economies. It has also resulted in greater contact between different cultures, as travel has become relatively safer and less expensive than past. Further, ease of communication has encouraged and unprecedented level of global scientific research and co-operation and a subsequent explosion of knowledge and information.
A downside of this global economy is that when a catastrophe occurs as in the recent global financial crisis that started in the USA, it affects the world. Similarly, when a virus emerges in one region of the world, it spreads rapidly, threatening worldwide health. Furthermore, globalisation affects culture and language too, minority languages are dying out because of the high demand of learning English for International Business and indigenous culture are dying out in favour of a dominant. Finally, levels of pollution are rising as countries strive for economic growth and competitive edge in the global market.
In conclusion, globalisation is a double-edged sword that has created jobs and promoted international co-operation but has led to cultural losses, more environmental damage, increased health risks and exposure economic crisis. So government as well as society should take some mutual action against the negative development of globalisation.
Globalisation
is here to stay, driven by advances in information technology and
economic
progress and increased international trade and investment. It has had wide
-
ranging
positive
and
negative
effects on employment and
economic
development, scientific research, language and
culture
and the environment.
One
positive
result of
globalisation
is the
global
distribution of
labour
, it is
now
easier to
move
to other countries to find work, and this leads to better employment prospects for
people
and to more diverse workplaces. Not
only
this, capital and industrial resources have migrated to developing nations,
thus
providing local jobs and boosting local economies. It has
also
resulted in greater contact between
different
cultures
, as travel has become
relatively
safer and less expensive than past.
Further
,
ease
of communication has encouraged and unprecedented level of
global
scientific research and co-operation and a subsequent explosion of knowledge and information.
A downside of this
global
economy is that when a catastrophe occurs as in the recent
global
financial crisis that
started
in the USA, it affects the world.
Similarly
, when a virus emerges in one region of the world, it spreads
rapidly
, threatening worldwide health.
Furthermore
,
globalisation
affects
culture
and language too, minority languages are dying out
because
of the high demand of learning English for International Business and indigenous
culture
are dying out in
favour
of a dominant.
Finally
, levels of pollution are rising as countries strive for
economic
growth and competitive edge in the
global
market.
In conclusion
,
globalisation
is a double-edged sword that has created jobs and promoted international co-operation
but
has led to cultural losses, more environmental damage, increased health
risks
and exposure
economic
crisis.
So
government
as well
as society should take
some
mutual action against the
negative
development of
globalisation
.