Globalization Has Become An Irresistible Trend - 2047 Words

In the modern world, globalization has become an irresistible trend. Globalization exists in different forms in ordinary life, such as the desire to learn languages to connect with friends internationally, or the imported products with the best quality at a lower cost. However, Jimmy Carter emphasized, â€Å"Globalization, as defined by rich people like us, is a very nice thing... you are talking about the Internet, you are talking about cell phones, you are talking about computers. This doesn t affect two-thirds of the people of the world.† Carter suggested an idea that inspired me to look further into the nature of globalization, which is that we are seeing mostly the surfaces of the phenomenon, or the formal consequences that globalization brings about. Nonetheless, the formal consequences are not affecting â€Å"two thirds of the people of the world.† I’m taking about the some elements of the economy, which are shadow and illegal, but are affecting directly the most vulnerable and weak human groups - women and children. The negative components of the shadow economy might be modern forms of slavery, human trafficking, forced labor and racial discrimination. In this paper, I will explore how globalization has diversified the nature of the economy and how it has its positive and negative consequences, using different tools and approaches such as human rights, religions, legislations, languages, cultural transmissions and politics. A brief introduction of globalization and globalShow MoreRelatedThe Structure And Operation Of The Global Economy Essay1451 Words   |  6 Pageshave increasingly accepted federal investment as an effective pathway to economic development and modernization, income growth, and employment. 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Even though immigrantsRead MoreThe Effects Of Immigration On The United States752 Words   |  4 PagesA few weeks ago, a picture about a dead boy on the beach let us pay attention to Migration waves. Governments have to consider how to limit migration trends because they think a large number of immigrants will lead to a terrible effect on local residents. Based on this point, some countries adopte d some strategies to limit migration. They reduced some benefits and increased the difficulty to immigrants. Even some governments such as Japan government refuse to people to immigrate. Even though immigrantsRead MoreShould China Adopt International Accounting Standards?.1532 Words   |  7 Pagesdifferences between Chinese accounting standards and international accounting standards (Zhang Liu, 2010, pp. 200-201). With the irresistible trend of economic globalization, international convergence of accounting standards gradually permeates everywhere in China’s economy. 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