Globalization is the process of integration via interchange of goods, views, ideas. The main aim of globalization is to remove barriers, obstacles and differences between people all over the world.
We can distinguish alike positive and negative aspects of globalization.
There are following important pros:
- free access to goods and services
- standarization of production methods, service quality, procedures in management style
- lifting trade barriers
- equalization in education, medicare, services
- filling in the gap making differences between economies, countries and people
There are also positive social aspects of globalization:
- people can travel across the world
- communicate in English as a global language
- exchange experience, opinions, compare habits, traditions
Let’s go through disadvantages of globalization:
- threat for local identity
- not all differences have vanished
- imperfect financial supervision
- the flow of free trade without oversight control
- there are still turbulances on international markets
- economic abuses
- still ongoing exploitation of human labour
- women problem concerning unequal remunarations, social rights, subsidies
Globalization is unavoidable process with both positive and negative aspects.