8.2. Advantages and disadvantages of globalization скачать в хорошем качестве

8.2. Advantages and disadvantages of globalization

ኦንላይን መማር ለምትፈልጉ በ 0979181185 በመመዝገብ መማር ትችላላችሁ Social Media TikTok: / tutor12ab Instagram: / @tutor12ab YouTube: / @tutor12 Telegram: https://t.me/tutor12ab 8.2. Advantages and disadvantages of globalization Globalization's Advantages and Disadvantages • Advantages depend on effective global governance. • Positive effects: seize opportunities. • Negative effects: lack of effective management. • Opportunities: human development and human rights realization. • Disadvantages: increased trade, new technology, foreign investments, and information and media network expansion. Advantages of Globalization Economic Advantages • Globalization has led to a sharp increase in trade and economic exchange, resulting in strong global economic growth. • It has fostered rapid industrial development, contributing to the development of many technologies and commodities. • Globalization has realized a global common market based on the freedom of exchange of goods and capital. • Advances in transportation, information, and communications have resulted in unprecedented leaps in productivity, economic expansion, and increased international trade. • Globalization offers developing countries opportunities to integrate more fully into the world economy. Political Advantages • Globalization makes information available on how other countries are governed and the freedoms and rights their people enjoy. • It opens countries to intense external examination and puts pressure for greater transparency, openness, and accountability. • Participation of countries in various international treaties plays a role for the protection of human rights at the international and regional level. • The political integration at the regional and international level promoted through globalization is likely to lead to a deeper cooperation in security issues. • The appearance of new political actors in national, regional, and global scopes, and change in the location of old and traditional actors, create governmental and non-governmental organizations that work on human rights protection, security, and providing aid for the poor and vulnerable. Social Advantage • Globalization has fewer restrictions, enabling more open and tolerant interactions. • It has brought quantitative and qualitative transformations, both in social development in society. • Globalization turned education to be market oriented, enabling labor to move from country to country to get jobs and to market their products. • The continuous dispersion of ideas, knowledge, and beliefs through the growing technology (mass media, and internet) has increased travelling and migration of people. • The growth of technologies changes societies’ living conditions, making peoples life simple and easy. • Globalization may have social effects such as changes in sexual inequality, brought about a greater awareness of different types of gender discrimination throughout the world. Cultural Advantage • The multiplication of economic and financial exchanges improves in areas such as migration, expatriation, and travelling. • Global communication marked by globalization of mass media leads to multiculturalism and contributes to the elimination of bad habits and customs of world communities. • The growth of cross-cultural contacts and the advent of new categories of consciousness and identities such as Globalism embodies cultural diffusion, the desire to consume and enjoy foreign products and ideas, adopt new technology and practices, and participate in a “world culture”. Financial Advantage • Globalization simplifies financial regulations, eliminates mediators, and breaks down the barriers between the world’s financial centers. • It helps the emergence of a worldwide financial market and gives better access to external financing of corporate, national, and sub national borrowers