GLOBALIZATION

Globalization

The Negative Impacts of Globalization

Introduction

How globalization affects the world of business? It has more negative consequences than positive, it seems, there is no information that outweighs the list of declining productivity as a result of globalization (Agenor 2002). Economically, the United States dramatically feeling the effects and fighting for the maintenance of such conflicts without much success.

Globalization has spread widely in the world like wildfire, affecting everyone, and one of the largest it has been on business. In Bangalore, the Silicon Valley of India, they had one of the most dramatic effect caused by globalization, they had a huge boom in the IT field and to the Indian economy a positive future (Berenson 2006).

Effects of Globalization Around The World

This is a very dramatic impact on global business, it can send your business boom or cause it to lose everything. The negative is extremely high throughout the world and rapidly affect others (Baldwin 1999). Such examples are the flip side of globalization; Shares constantly has begun to drop far and wide, showing no signs of resurrection in the near future (Breslin 2004). Job search has become extremely difficult because of the dismissal and loss of business. With cash flowing in manufacturers taking steps dangerous to produce cheaper products, such risks of using prisoners and working children without regard for safety. In the window of opportunity open due to the economic down fall of many companies, the terrorists have greater access to arms and to afflict mortal harm. The expansion of McDonalds and KFC jeopardize the health of the world with a fatty meal and a cheap dollar menu (Coe 2007)

. Diseases are more likely to apply now days because of increased travel around the world. Price growth across the government has made many countries are unable to maintain a stable well-being of citizens in various countries. As if all this is part of the wave effect.

Where globalization begin? Since globalization can be defined as the spread of economies around the world, the idea of globalization may date back more than two millennia before the Han Dynasty in 114 BC with the Silk Road. The Silk Road provided a method of transporting goods, ideas, and even people and their ideas and culture, and disease (Dadush 2001).

These trade routes for the expansion of the Chinese economy in this day, in the semi-global economy. Globalization has come to a new level under the Romans, as they were the first to provide a safe journey across the Mediterranean Sea, and other ways (David 2007). This new security will allow free trade of goods and economic ideas.

After the Roman Empire fell, and the Islamic empire expanded, the trade routes between the continents broke down and were not restored to the Mongol Empire allowed on routes between Europe and Asia. Of these routes, the famous explorer Marco Polo was able to travel to China, and to report on Italy and inspired by the desire to continue trade with China and the East ...