- April 28, 2020
Theworld is slowly shrinking into a village with improved transport andcommunication networks. The debate on whether the trend has benefitedthe world more than the disadvantages is a controversial issue. Theimproved accessibility that people from different parts of the worldenjoy has various advantages and demerits.
First,the movement of goods across markets is taking place rapidly, andthis has facilitated an accelerated trade. Individuals can accessproducts from oversea countries in their home countries throughimporters who only take between a few hour to several weeks to importall kinds of goods including foodstuffs, clothing, and furnitureautomotive among others (Muhammad et al., p.291).
Additionally,international institutions that seek uniformity in developments andobservance of human rights have a conducive environment to exercisetheir influence (Ibrahim, 2013. P.88). For example, internationalbodies like the IMF, United Nations, and World Bank can address theneeds of different parts of the world as an action on the informationthey gather. has also brought countries together underdifferent umbrellas that provide development assistance. A goodexample is the United Nations that has 191 members (Muhammad et al.,p.293).
However,due to the intense movement of people and exchange of goods andservices, globalization has resulted in environment degradation.Every day, tons of toxic gasses are released into the atmosphere asindustries in the different parts of the world produce goods to feedthe world market (Muhammad et al., p.296). Growth analysts alsoprovide that the free movement of labor within some regions cancontribute to unemployment to some extent. The citizens of givencountries may be denied the chance for skills development sincecompanies can import labor from other nations (Muhammad et al.,p.293).
Inconclusions, citizens from every part of the world are experiencingthe effects of globalization. It is difficult to weigh the advantagesagainst the demerits because the issue is dynamic. However, themovement of people has facilitated trade, communication, and culturalintegrations although it has been faulted for the loss of jobs insome areas and increased pollution.
Muhammad,A. C., Faheem, M. A., Dost, M. K. B., & Abdullah, I. (2011). and its impacts on the world economic development.InternationalJournal of Business and Social Science,2(23),291-297.
Ibrahim,A. A. (2013). The impact of globalization on Africa. InternationalJournal of Humanities and Social Science,3(15),85-93. Retrieved fromhttp://www.ijhssnet.com/journals/Vol_3_No_15_August_2013/11.pdf