Globalisation

4 Pages 977 Words

"GLOBALISATION" has become one of the most talked subject and concepts in recent times. It has become the most popular subject of many articles, speeches and seminars. Before talking about the advantages and disadvantages of the globalisation we should firstly be sure of the description of it. For years, many sociologists defined it in different ways.
The sociologist Anthony Giddens, for example, defines globalisation as a decoupling of space and time, emphasizing that with instantaneous communications, knowledge and culture can be shared around the world simultaneously .( http://www.globalisationguide.org/01.html, accessed 01/09/03)
David Held and Anthony McGrew write in their entry for Oxford Companion to Politics that globalisation can be conceived as a process (or set of processes) which embodies a transformation in the spatial organization of social relations and transactions, expressed in transcontinental or interregional flows and networks of activity, interaction and power. (http://www.globalisationguide.org/01.html, accessed 01/09/03)
With regard to advantages and disadvantages of globalisation, people are divided into two groups which first group is in favour of it as they think that if a country opens to world trade its economy gets more powerful than it was. China’s opening to world trade, for instance, has brought it growth in income from $1460 a head in 1980 to $4120 by 1999. Also, poor countries that have lowered their tariff barriers have gained increases in employment because more trade means more jobs and national income as labour and capital shifts from import-competing industries to expanding, newly competitive export industries. In addition to providing jobs, companies moving to developing countries often export higher wages and working conditions compared with those in domestic companies operating in the country. In contrast , second group claims that least-developed countries are becoming more depende...