Globalization Essay Example | Topics and Well Written Essays - 1500 words - 10

Globalization - Essay ExampleInformation sharing and bilateral or strategic ties among world nations have been the two major offshoots of world(prenominal)isation. The world today is rightly termed as a global village where no country can stand in isolation. However, all these positive impacts of globalization do not prevent unitary from assessing its negative impacts globalization has also given rise to terrorist upheavals and organise crimes such as sex tourism, mafia and drug-trafficking networks all throughout the world. This paper seeks to explore whether the positive effects of globalization can outweigh its negative impacts.One needs to have thorough understanding of the importee of globalization before analyzing its positive and negative effects on world nations. Robert P. Clarks postulates that globalization is the treat by which more and more people come to experience the world as a unmarried place and that this transformation requires that we be able to think global ly, that is, think about our world as a single, integrated entity (Clark 2002, p. 1). As the author makes it clear it is high time that every ane assumed the responsibility of a global citizen as global citizens each one should have the broad mindedness to think globally no one should be moved by narrow nationalism.Globalization has facilitated free trade, foreign investments and global capital marts and thither are many who hold the view that globalization benefit only the industrialized developed nations. However, one needs to admit that the most striking impact of globalization is that the world has become an open market where open trade and industrial linkages have become so common and easy. This is very well discover by Prakash S. Sethi when he states that globalization and the unrestricted flow of capital, goods, and services lead to the creation of wealth and successfulness among all participating nations (Sethi 2002, p.3). Multinational companies have offered fresh horizons of