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Irvan Brar

on 24 January 2013

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Transcript of Globalization

Global Economy Globalization Global Economic Benefits Low labor and environmental standards

Nations are limited to the amount of their development (primary commodity producer will find it hard to develop into a secondary or tertiary producer)

Developing nations find it hard to increase profit

WTO won't allow some nations to establish environmental quality control Bibliography "http://www.merriam-webster.com/dictionary/globalization." www.merrian-webster.com. N.p.. Web. 20 Jan 2013.

Ames, Travis. "The Effect of Globalization on Chinese Culture." http://www.ehow.com. 1999-2013 Demand Media, Inc.. Web. 23 Jan 2013. <http://www.ehow.com/facts_6587477_effect-globalization-chinese-culture.html>.

Maceus, Nick. "Globalization and the United States: Positive and Negative Impacts on American Domestic Policies." http://nickmaceus.hubpages.com. N.p.. Web. 23 Jan 2013. <http://nickmaceus.hubpages.com/hub/Globalization-and-the-United-States-Positive-and-Negative-Impacts-on-American-Domestic-Policies>.

Pettinger, Tejvan. "Costs and Benefits of Globalisation." http://www.economicshelp.org. N.p., 07 11 2009. Web. 23 Jan 2013. <http://www.economicshelp.org/blog/81/trade/costs-and-benefits-of-globalisation/>.

"Economics of Globalisation." http://www.economicshelp.org. N.p.. Web. 23 Jan 2013. <http://www.economicshelp.org/trade/globalisation.html>. "The act or process of globalizing : the state of being globalized; especially : the development of an increasingly integrated global economy marked especially by free trade, free flow of capital, and the tapping of cheaper foreign labor markets." (www.merriam-webster.com) Globalization? Environmental Effects Growth to a global or worldwide scale; "the globalization of the communication industry".
(www.wordnetweb.princeton.edu/perl/webwn) Huge negative impact of the environment

Differences for environmental standards within different countries

Yearly increases of environmental damage

Negatives affects outweigh the positive Environmental Protection Pros Vs Cons "The act of globalizing, or extending to other or all parts of the world: the globalization of manufacturing." (www.dictionary.com) Is globalization redefining Canada and the world beneficially? United States of America We believe that globalization is redefining Canada as well as the world in a positive way in the sense that the world is becoming more interconnected through advancements in telecommunications. For example technology allows us to meet with an individual on the other side of the world by simply just looking through a computer screen. The largest way nations including Canada are becoming redefined by globalization is through culture integration of all the different types of cultures from all around the world. This allows world connections to strengthen creating a close knit society. We believe globalization is a step towards developing countries to become more involved in the same market as developed countries. Globalization has caused the increase of immigration where Canada now is known as a multi-national country that accepts diversity. "The process of creating a global economy, through three main forces. First aided by improvements in telecommunications, computer technology and transportation infrastructure. Large companies can now produce goods and services on a global basis, and market them around the world. Second, many nations have removed various barriers to cross border trade, resulting in huge increase in the volume of international trade. Third, a vast international financial system is facilitating trade and financing international business activity." (Economics Now Textbook) Affecting Human Rights Affecting Cultures An example of a company that has violated human rights is Nike co. The apparel that they sell is 100% sweatshop material. Nike is exploiting millions of workers, children and adults, who are not being paid a fair wage, working in horrible conditions and are dying. Four Main Components The Right to Live. The Right to a fair working wage The Right to health care The rising poverty and unemployment, the mal-treatment of women in society, rampant child labor, illiteracy, high drop out of children from school and unaccountable police force all have come to stand out in light of fruits of globalization Irvan, Marie & Brittani For Canada Pros Cons Global
Concerns Vs. Developed Developing Globalization can affect cultures for the better or for the worse.
More interactions between nations leads to deeper connections and sharing of cultures
Western ( American) culture has a great influence on the world from globalization
World is beginning to gather one unified culture that consists of many other watered down cultures
Cultural traditions weaken Economic Growth 1. Free trade is when certain countries decide to not put any tariffs on imported goods between each other. This allows domestic firms to export to a wider market and has also helped expand the variety of goods within an economy thereby increasing consumer choice. Which leads to decreased prices of manufactured goods.

2. Branch plants need to build, buy or lease a plant for its operations in the host country. The factory
hires and trains local people: introduces them advanced technology, pay wages, provides taxes for host government, and overall helps the economy grow.

3. Globalization provides greater communication between countries around the world. Advances in technology give the opportunity for countries to communicate easily and more efficiently.

4. Globalization causes increased competition between different firms and countries. This puts pressure on firms to be increasingly efficient and offer better products for consumers. Improve their profitability of Multinational Corporations when operating multinationally

Free access to new markets

Increased revenue from markets

Access to cheap raw materials and cheap labor when having offices or factories abroad

Tax concession or development grants are sometimes provided

Financial stability with geographic diversification

Provides a nation with jobs

Greater quantity of demand Our Definition: Off sets the market and creates political uproars in less effective countries

Brain drain occurs in certain countries, one country will get drained of expertise as another will gain

Western businesses turned everything into Western ideals

Human Rights are broken that create cheap labor within sweat shops as well as child labor

High productivity levels lead to bad working conditions

Government's will favor Multinational Corporations China Open to developed and developing countries for both the economy and social development

Gave China a chance to learn many lessons about wealth and allowed them to accumulate their wealth

Economy is continuously growing

Prosperous with both it's economy and trades

Accepted ideas and products while gaining economic and political power

Producing for Western nations with high productivity and low costs

American influence buildings and chains in the city, suburbs still carries traditions Spreading Western (American) culture world wide

Giving up a part of their national sovereignty in order to benefit

Increased immigration

International influence within American culture

Getting a greater understanding of the world

American culture will slow get eliminated from the United States V
S. To make profit margins there needs to be cheap labor which leads to low environmental protection spending

Lobby government to prevent environmental initiatives (ex. Kyoto protocol)

Growing population and increased demand lead to the removal of ecosystems (Ex. Deforestation)

Over using a resourse in demand will soon lead to the depletion of that resourse (Ex. Over-fishing) Standards depend on different nations

Productivity over environmental protections

Initial organizes try to help

Nations with high environmental standards have awareness of resource use as well as greener technology

Companies such as Apple are finding ways to create greener products with recycled materials as well as material with less harmful substances -the four main components that globalization has on human rights is the right to live, the right to a fair working wage, the right to health care and the right to clean water.
-The results of globalization are poverty, child sweatshops, increased AID death and many other discontents.
-globalization exploits the poor in developing countries and even wealthy countries.
-keeps the developing countries forever in debt
-The IMF and the World Bank are highly taxing the developing countries and making it impossible for them to ever recover their economies
-Globalization is not creating a demand for labor and many sociologist economists and political scientists believe that globalization is the international spread of capitalism. Example. The Right to Clean Water We believe that globalization is the act of free trade and exchange of products among different countries and nations all around the world. Globalization is the movement of integration and symbolizes unity for all who is willing to accept the change.
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