The Effects Of Globilazation

8 Pages 1915 Words

economic, is a direct threat to the efficiency goals of global corporations. In such efficient and dictatorial corporate design, the aim is to transform the internal landscape; to remake human beings, our minds, our ideas, our values, our behaviors, and our desires; to create a monoculture of humans that is compatible with the global corporations and match the systems and technologies around us.
Economic globalization refers to the increasing integration of economies around the world, particularly through free trade and financial flows. Global markets offer greater opportunity for people to tap into more and larger markets around the world. It means that they can have access to more investment flows, technology, cheaper imports, and larger export markets. Globalization means that world’s trade and financial markets are becoming more integrated, but just how far have developing countries been involved in this integration? And has the global market ensured that the benefits of increased efficiency of this free trade are shared by all? It is true that globalization had created a monoculture in ways people think, dress, behave, and eat, but on the other hand it has proven itself in creating two worlds rather than one. What has also shown itself is the fact that the gap that has always existed between the two worlds, the developed countries and the developing countries, has widened. Although economic globalization had an impact on people around the world in new ways of thinking, producing, and selling, it had a hidden, negative impact on the economies of the developing countries. Countries in ...