Wednesday, May 6, 2020
Globalization Provides More Benefits Than Localization
Globalization is an ongoing trend in the present world and includes diverse processes embracing political, social, economic, technological, and cultural change. It encapsulates the scope of the uniformity of political ideas and practices: the geographical extent of social interaction and reflexivity; the degree of integration of economic activities; the diffusion of technology (information, communications, transport), which overcomes the significance of space; and the extent of the dissemination of cultural symbols and signification. Economic globalization, which concerns trade and commerce between nations, is just one aspect of globalization. A country has to give up certain advantages due to globalization, as market economies stressâ⬠¦show more contentâ⬠¦Free trade yields the most efficient allocation of resources, greater incomes and higher productivity for all partners. The economies of countries are linked, and the exchange of technology benefits participating nations. Wages will eventually rise, and unemployment will fall. Consumers will increase due to the improvement of economy. Factories will start to compete with one another for workers, and urban wages that will begin to rise. When people emphasize their local distinctiveness in politics, culture, and economics, they move from global dependence towards local interdependence. It would be beneficial to reverse many of the present trends and policies, to stimulate local production and decrease global trade. Economic integration is hard to avoid, but underdeveloped countries, if they globalize, to lose local self-sufficiency, cultural diversity, and political autonomy. The logic of a nation cannot be the logic of nations. Pitchon, from Share International Media Services, states that nations can get benefits from localization regarding environmental issues, healthcare, and labor laws. She thinks many people could remain on their land as self-sufficient smallholders in many Third World countries. It is possible to assume that everybody cannot live in cities, and would not want to if they could survive on their land. It would lead to less pollution due to less transportation of goods across long distances around the world toShow MoreRelatedEssay Nations Should Promote Globalization, Not Localization1078 Words à |à 5 PagesGlobalization and localization are two conflicting trends in international politics today. Globalization is the spread of peoples, activities, norms, ideas, goods, services, and currencies from one area of the world to another. (Rosenau 15) Localization is the narrowing of horizons and the confinement of peoples, activities, norms, ideas, goods, services, and currencies to a particul ar geographic area. (Rosenau 16) Globalization and localization affect the worldââ¬â¢s countries in three main areas, politicsRead MoreEssay about Costs and Benefits of Globalization and Localization1312 Words à |à 6 PagesThe debate over globalization and localization has long been fought as whether or not to pursue an international or isolationist foreign policy. Essentially, the term globalization means an integrationist approach to policy, whereas localization refers to a fragmentational approach to foreign policy. There are many issues in this debate, but none as complex and important as that of the costs and benefits of the economy. Other issues consequential to the topic are the political and social implicationsRead MoreEssay on Nations Should Promote Localization, Not Globalization1278 Words à |à 6 PagesAmerican songs being played. Later on after dinner, they may have turned on the television and seen an old rerun of Baywatch or The Simpsons dubbed into another la nguage. These are all American things. How could they be in a foreign country? Globalization (or Integration), a process by where capital, investments, trade, and communications are not limited by national borders, would be a good explanation for this. Maybe the tourist didnââ¬â¢t want to be reminded of these typical American things, perhapsRead MoreEssay about Globalization Is Superior to Localization1665 Words à |à 7 PagesIn todayââ¬â¢s world, it seems that more and more countries are beginning to integrate with one another. This integration is usually referred to as globalization. According to James Rosenau (1997), globalization is a label that is presently in vogue to account for peoples, activities, norms, ideas, goods, services, and currencies that are decreasingly confined to a particular geographic space and its local and established practices (p.15). Even though it seems that the majority of countries areRead MoreThe Various Perspectives of Globalization in Bill M cKibbens Book Deep Economy893 Words à |à 4 Pagesantithesis to globalization. Whereas the founding principle of globalization is to make processes for commerce international, thereby reducing the world to a single global village, McKibben largely advocates the opposite approach within this manuscript: localization. In fact, the author implicitly and explicitly states that globalization is producing a number of noxious effects that can only be rectified by localization. The international and national economies that globalization is based uponRead MoreThe United Kingdom And British Labour Party Essay1462 Words à |à 6 Pagesacceptance globalization and international competitiveness as inevitable. This book tells about the mind twist. It tells us about the move out from the agreement of new belief, that the globalisation can be replaced with localisation. That is on the protective side and helps to rebuild the native markets in whole world. drive Brief about the content of this book: The book is divided into three parts of this book â⬠¢ Part One- The problem- Globalization â⬠¢ Part Two- The solution- Localization â⬠¢ Part Three-Read MoreBenefits Of A Global Economy766 Words à |à 4 PagesMore Languages, More Exposure, More Sales The benefits of a global economy coupled with an ever-expanding number of translation language pairs have created exciting opportunities for those ready and able to take advantage of them. The caveat, in order to truly reap the rewards of an international business market, you must be able to speak your customer s language and not just in the figurative sense. Your material actually needs to be written and presented in their local language. Studies haveRead MoreGlobalization and Localization3708 Words à |à 15 Pagesof globalization and localization Abstract: How hotel companies keep being successful in international hotel industry (IHI). Nowadays, the stiff hospitality industry situation puts more stress on hotels, especially on international ones. Furthermore, clients who purchase hotelsââ¬â¢ products are not only for a place to stay, but more eager to pursuit for an impressive accommodation experience. Globalization helps hotel corporations represent themselves to the world and succeed in operation more easilyRead MoreBook Report on Anthropology of Globalization by Lewellen1571 Words à |à 7 Pagesimmensely enjoyed! So much more to be said, but I stop here. I look forward to your lively, insightful interactions and discussions. Major Learnings Chapters 1-2 o Contemporary globalization is an on-going process of not just economic flows, but also cultural flowsââ¬âthe increasing flow of trade, finance, culture, ideas, and people brought about by the technology of communication and travel and by the worldwide spread of neoliberal capitalismâ⬠¦ (7). o Globalization is a reality, as well asRead MoreThe Current Food Of Food707 Words à |à 3 Pagesways. The system contains problems starting form the production stage (farm labor issues) to the distribution ( food insecurities ). The current food system is primary driven by commodity rather than what people in communities want or need. In other words, because of globalization the food system provides customers with goods without asking the needs and want of the people. For instance, many cities in the United States have been exposed to food insecurities that result in food deserts. In most cases
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