Sunday, April 7, 2019
Historically speaking Essay Example for Free
Historically speaking EssayGlobalization is one of the to the highest degree recent phenomenons ever to dispatch humanity upon its entrance to the 21st century. Historically speaking, globalisation itself has been around for decades immense before it was c at a timeived as a field of study of international wad. Some economists and historians contend that the concepts of globalization have been prevalent even during age when the Silk Road started in China up to the Roman Empire.Some, however, profess come to the fore that globalization began during the 19th century when the prevalence of the Industrial Age was at its fastest and that trade between Europe, their colonies and the Americas were growing steadily. Major advances in technology, specially during the 20th century, eventually led countries to lower merchandise costs hence, highlighting the inevitability of the expansion of trade within the International Community. Still, globalization, as a term, was never use d by economists at least non until the early on 1980s.Further much, all its concepts and ideas were never really fully understood by the academic community until the early 1990s. Fortunately, after seven years into the 21st century, much of the field is already aw ar of its contexts and aspects from outsourcing to currency trading via wireless applications. Still, despite our knowledge of globalization, we dissolvenot deny the fact that we know less about its implications for the upcoming. Globalization, as a field of study, is a volatile subject that, even with the assistance of factual data and information, is almost eventually unpredictable.Despite the existence of a myriad of books, journals and articles pertaining to the topic of Globalization, we cannot deny that we have yet to fully figure its future trends. Indeed, a major advancement brought by sophisticated technology can ultimately change, once again, the face of the International Community thus, affecting interna tional trade and ultimately affecting the globalization of the world. On a further note, third world countries that would eventually become first world countries in the future may end up shifting the international balance of trade and commerce for first world countries.As such, it is very tempting to imagine what the International Community would be like if, for some(a) minute chance, the African Continent booms like Asia. If such an event occurs, testament globalization be the cause for it? Alternatively, will globalization even allow such an event to occur? People who are against the advancements of globalization argue that globalization entirely benefits the rich north and detriments the poor south. This is evident from the fact that countries in the northern cerebral hemisphere tend to play in a neo-imperialist fashion among the countries in the southern hemisphere.Anti-globalization movements insist that the prevalence of globalization only means the prevalence of multinatio nal corporations (MNCs). They contend that these corporations, while providing employment for the local population, only boost more than scantiness in the clownish. Multinational corporations, upon entering a country, immediately eliminates local competitors thus, destroying the balance of male monarch between local and foreign. As such, the country becomes subject to the influence of foreign countries that originally holds these multinational corporations.This mechanically becomes a sort of leverage for foreign countries (which are, most of the time, rich countries coming from the north) against the country holding their MNCs. On the other hand, people that are for the advancements of globalization argues that free trade the main tool of globalization encourages more growth for developing economies compared to protectionism. Primarily, globalization allows several countries access to several maturenesss and services that they could never produce or emulate from other countr ies.Furthermore, they contend that globalization encourages competition among local and foreign businesses. Though unfair at times, supporters of globalization claim that encouraging competition allows small businesses to grow, to become more high-octane and to become more versatile. The arguments of both sides are truly credible. Indeed, globalization, as a concept, is considered by many as a double-edged sword though benefiting the user, it can, if careless enough, harm him/her as well. Globalization has many facets.As such, it has many implications some we are aware of and some arent. But according to one scholar, Thomas Friedman, globalization has one pregnant implication that has been very prevalent over the past couple of years but has only belatedly gained attention. In 2005, Thomas Friedman a columnist of Foreign Affairs and the New York Times published a book entitled The World is Flat. According to Mr. Friedman, the world is beseeming smaller and that the competiti on between countries in different parts of the world is becoming or being leveled. atomic number 53 example that he famed was that the economies of India and China, two emerging economic superpowers in the eastern hemisphere, are now becoming so becoming so advanced that they can now compete with the economic powerhouses of the west. He further claimed that, ironically, much of the west, most especially the Americans, werent ready for such events unfolding. Indeed, the unexpected booms of India and China have made the Asian mere an attractive place for foreign investment. Another important point is that both countries huge populations have contend a vital role in the fag out market both in manual labor (i.e. manufacturing) and professional labor (i. e. information technology). Not only do these two countries outshine the United States in terms of cheap labor, but they also outdo the American population in terms of expertness and productivity. Simply said, employers are getting the same level of productivity and efficiency from both Chinese and Indian workers, but at a lower cost. This, according to scholars, has proved very detrimental to Americans. Not only does this threaten the employment of future American workers, but it also threatens the economy of the United States on the long run.As such, how can one defend himself from such negative advancements to ones own country? On a more general level, how can the populace protect itself from such a pernicious competition? As an American Citizen and as a soon-to-be professional entering the world of competitive employment, I can indeed come up with several answers to that question. First, as a country, the United States must make huge investments on education. Improving the workforce of the country is imperative if we are to face foreign competition.One important thing that we can put into consideration is the introduction of language classes in our academic system. knowledge the language of foreign coun tries can surely make our general workforce a seemingly good investment for foreign companies. Yet another note is the introduction of new laws which will, in some way, warn young students from dropping out of school. An example of these laws is the prohibition of issuing drivers licenses to adolescents who have dropped out of school for no particular reason. By doing so, the general workforce of the country will remain efficient and highly educated.Despite the rapid growths of China and India, it cannot be denied that much of their population remains below the poverty line. As such, this problem becomes a drain on their economy (for the simple reason that the government has to ceaselessly spend huge sums of money on anti-poverty programs and such). Ironically, this could play both a huge dis profit and an advantage at the same time for the United States. For one, since people live in very poor conditions, corporations can take advantage of them by paying them low salaries which, for the population, could seem very high.On the other hand, the good living conditions of the American population can imply the demand for high-paying jobs which, of course, corporations would not prefer. Alternatively, this could also serve as an advantage for the United States since the American workforce compared to the cheap yet impoverished populace of India and China are more efficient and educated thus, implying more productivity and growth for the corporation. Education is one thing. But as a person whos about to enter into the competitive world of employment, how can I found myself against the competitive nature of foreign workers that will most likely ensue?
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