Economic Globalization

Economic Globalization

 

 

1. Summarize

- Changes of globalization and trade environment

We live in an era of globalization. Goods transport and the rapid development of information and communication technologies, and changing services.

The global economic environment becomes more closely the effects of globalization, interdependence among nations has been deepened. While globalization is from the World Trade Organization (WTO) launched. The proliferation of free trade in accordance with World Trade Organization was launched to promote international trade. As consumers we have been able to expand the deal to buy cheaper products were able to choose from a variety of good products.

Corporate globalization is the sales market and increasing the size of the transaction. Whereas international competitiveness is weak industrial sector has also weakened or external dependence is growing disadvantage.

As economic interdependence between countries has increased each region and country is adapting to changes in the economic environment of globalization, organizational and economic cooperation between the countries to equip a greater competitive edge by working to improve their competitiveness.

Most of the leading multinational companies still maintain more than half of the activity in their home country. In the so-called multinational corporations in a global company operating in the score, come in all shapes and sizes. Countries to multinational companies operating in one or two countries outside the home base. This response is that work in different political, social and cultural environment.

The European Union is the oldest and the highest level of economic cooperation.

In addition, the economy, and is gradually expanding the political, social sector policies.

Today the European Union has seen a huge single market have been equipped with international competitiveness, as well as exchanges, peace, community problem solving and also performance. There are a number of problems, however, it appears by the economic differences of each country in the process of integrating the different countries. According to the various ethnic conflicts and cultural differences, language and customs are factors that hinder the European Union.
 

2. Mention of any new, interesting, or unusual items learned

- Today, globalization is accepted, but the general trend is believed that these symptoms are not just welcomed in every country. Because developed countries have advocated a globalization but to come closer to another form of international pressure From the industry's development level is low or middle power such as globalization is underdeveloped position through intellectual property rights or environmental issues.

Of course, multinational organization which was formed to solve the problem could not be solved is the existing state that there is still increasing in importance.

United Nations (UN), the International Monetary Fund (IMF), also increased the proportion of the World Trade Organization (WTO) Amnesty International than as an intergovernmental organization with (Amnesty International), Greenpeace (Green Peace), such as non-governmental organization (NGO).

On the other hand, the globalization of culture subject areas also need attention. Cultural production, distribution and culture of networks in individual countries at the international level of consumption and lifestyles are rapidly spreading around the world.

Created by world news, movies, television programs, popular music, computer software, etc. it is available to all distributors to help in the global market. however, it should deepen the cultural dependent on the developed countries.
 

3. Discussion

 - Globalization has thus deepened the gap between rich and poor. I think the maximum beneficiaries of globalization is the United States. Problem of globalization is a unilateral rather than a reciprocal exchange between cultures. Political and economic culture as it is in developed countries are unilaterally entering. For example, the environmental pollution is a product of globalization invalid by the great powers. I can not stop globalization, but I think it is going to need to make efforts together.