Globalization

Globalization

Introduction

It is believed that the world is subject to globalization. In all corners of the world people are similar to each other - they wear the same brands of clothes, wear the same accessories, listening to the same music, watch the same movies. Perhaps because of this problem in the world calm down nationalism and racism, because there is no national differences are erased (Baudrillard , 2004). On the other hand, it removes and nationality of a people. Globalization allows a person to assume a universal culture, in this case, losing their traditions and national characteristics. In some ways it's bad, but in some respects, it has a positive side. After all, billions of people cannot be wrong in their choice and their choice - this is the future of technology and security question, and roller shutters, security shutters can protect human rights. This paper is mainly discussion on globalization which is a controversial topic because of its advantages and disadvantages.

Globalization

Globalization is a historical process of transnationalization, denationalization, and deterritorialization that encompasses different arenas, such as the economy, society, politics, culture, academia, with varying intensities and geographical differences. Loosely defined, it involves an increase in the scope, volume, and velocity of transactions across national borders, not all of which occur on a worldwide basis. It is misleading to speak of globalization as a linear development, a fixed situation, or an undifferentiated worldwide phenomenon. Certain processes are, depending on world regions, globalized (such as trade, production, and labor and financial markets in the industrialized world), while others are constrained by local, regional, and national identities and policies (such as identity and border politics in sub-Saharan Africa; Central, East, and southeast Asia; and large parts of the greater Middle East) (Rüdiger, 2004).

However, this status changes over time because the process of globalization is historically contingent. To take account of geographical differences, geographers have found the idea of globalization (in the plural) increasingly relevant in recent years. Therefore, careful observation is necessary both to identify globalized arenas and to recognize the existence and assess the continuing relevance of nationalized politics and asserting statehood. Thus, the idea of a “borderless world” signifies some of the tendencies of contemporary hyper-globalization; depending on an individual's standpoint, such globalization may be seen as either a positive or a negative development (Calderon, 2002). Those arenas that can be made out as globalized however, are characterized by three single, though interconnected, processes: transnationalization and, in its consequences, denationalization and deterritorialization. These processes are not linear but are contested and resisted by governments, regional organizations, and non state anti globalization movements. Such resistance is directed at all kinds of globalization, but it typically emphasizes economic issues such as labor rights, economic injustices, environmental degradation, and human rights violations.

Importance to domestic firms

Globalization is important to domestic firms because of the implications of the value of domestic currency in the foreign markets and the type of domestic firm (importer v. exporter). The environments of trade barriers both domestically and in foreign ...