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Positive and Negative Effects of Globalization

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0% found this document useful (0 votes)
155 views17 pages

Positive and Negative Effects of Globalization

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shpe.gepanaga.ui
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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POSITIVE AND

NEGATIVE
EFFECTS OF
GLOBALIZATION
POSITIVE EFFECTS OF GLOBALIZATION IN
DEVELOPED COUNTRIES
• Researchers have concluded various positive effects of globalization which some developed
countries enjoy today. It’s hard to encounter each of them, but let’s focus on some essential
points.

Cross-Cultural Management
Each country has got its own culture. Culture pertains to the way particular people do
things as well as their values and believes.
1. Global Market
Among all effects of globalization, this one is beneficial. It means encouraging nations to specialize and produce plenty of
goods available in their local market. Worldwide integration has led the way to cheap raw materials. Now states can
purchase them and produce low price products with a good profit.

2. Competition

Competition is a healthy way of doing business. Without it, companies would not pioneer some innovations in cross-border
trade. It is the main reason why the quality of goods and services improve and why the prices drop. Competition causes
increased communication of ideas and innovation as people try to find a competitive advantage for their business.

3. Job Opportunity

About 90 percent of the first-world population earns for living through employment. Globalization has brought this trend to
a halt as more job opportunities are now available locally and internationally. By using technology, one can access
employment opportunities, work remotely and even have more than one job.
4. Reducing the Gap between the Rich and the Poor

Globalization has notably declined the gap between rich and poor people. For many centuries there has been a wide gap between these groups, which seems to widen every year. As
a result, many employers hire qualified workers and pay them less than they deserve. Due to their expenses of maintaining companies’ specific image, the highly paid workers live a
stressful life while the low-income people seem to have a stress-free experience.

5. Investments

The population of developed countries prefers to invest money in profitable businesses rather than deposit it in banks. The reason is, they strive to earn a living remotely because
investments assure they will gain good profits without any effort. Unfortunately, such an option is available only for those people in developed countries as usual defaults of
economies in third-world states make it insecure.

6. Advanced technology

Advanced technologies are a result of globalization. A constant need for innovations appeared due to the lack of quick data transfer and public communication. Lots of inventors have
tried to serve the needs of modern society by improving technology. Its advancement has paved the way for the positive effects of globalization in countries that initially did not want
to associate with others.

7. Legal Effects

Through globalization, people get to know what’s happening in other countries. Media services cover events that occur in other countries. As a result, various turmoils could be solved
by international mediators. Those who perform acts against human rights are arrested and sentenced by intergovernmental courts. Equally, those who practice illegal business aiming
to get competitors out of trading are prosecuted.
POSITIVE EFFECTS OF GLOBALIZATION
DEVELOPING COUNTRIES

• Globalization has numerous positive effects on some developing countries. It’s


the reason for the fast growth and development of these countries as people
invest in these states improving their infrastructure, technology, and total
production. Below are some positive effects of worldwide integration on
developing countries.
1. Poverty Eradication

Before globalization, developing countries have had plenty of resources that they didn’t know how to use. Their population
was uneducated as well as there were no roads or means of transport. Nowadays, people understand the significance of
education and standards of living as foreigners settle in these countries. Consequently, locals went to schools established by
the settlers and got employment in their companies and industries.

2. Availability of Employment

Most developed countries have lots of educated jobless people. Globalization gives them job opportunities in other countries.
Their primary advantage over the residents of the developed countries is the fact that they offer cheap services. They are also
open to learning as they consider themselves lucky to have a new life.

3. Education

Globalization has enabled further studies. Most developed countries have advanced schools and colleges. They encourage
people from overseas to study there. While it is just a business venture like any other, students from developing countries take
it as an advantage to get further education and skills to use in their careers.
4. Technology

Globalization has helped to transport technology to developing countries. Some investors and foreigners who have got a
bargain with the people from developing countries needed to communicate with them and exchange ideas and information.
The fastest way to do it was through using modern technology. It has dramatically helped people from developing countries.
Most of them can buy and sell goods online at a low price.

5. Foreign Investments

Globalization brought in the need for people from developed states to invest in some developing countries. Foreign investment
is one of the results of globalization that culminates in many developments in these countries.
ADVERSE EFFECTS OF GLOBALIZATION IN
DEVELOPED COUNTRIES

It has had a few adverse effects on developed countries. Some negative consequences of globalization
include terrorism, job insecurity, currency fluctuation, and price instability.
1. Terrorism

It is a significant problem in most developed countries. Due to worldwide integration, people travel a lot. Some of them move abroad to study, do business, visit
relatives, work, and access hospital services. However, not all of them are honest. Many terrorists came to a foreign country with a work visa with a hidden goal
to perform a terrorist attack. Unfortunately, terrorists recruit young people, residents of the country and make them believe they are doing the right things.
That’s why there are fear, mistrust, and tension in society.

2. Job Insecurity

Before globalization, skilled people got employment in government sectors and companies where they received high salaries, Job opportunities were waiting
for those who completed colleges and earned a degree. People would resign from a job and quickly get another. Due to globalization, there are many people
seeking employment all over the world. Employers take advantage of cheap labor. One can get a dismissal because of a slight mistake as the employer can find a
skilled worker who is ready to be paid less.

3. Price Instability

Price instability is a significant effect of globalization on business. Some people establish industries overseas where they get cheap raw materials and labor. They
can cut production costs and sell their goods at a low price. Due to competition, some high-quality products differ in prices,

4. Currency Fluctuation

International trade buys and sells products using the US dollar. The price of the dollar fluctuates day-to-day in developing countries. This results in an
imbalancedeconomy and abnormal prices for goods and services. National currencies are affected the most by Intergovernmental Organizations (IGOS).
NEGATIVE EFFECTS OF GLOBALIZATION ON
DEVELOPING COUNTRIES

• Although the developing countries have had many benefits from globalization,
there are a few negative impacts it has caused in the developing countries.
1. Displacements of Workers

Thanks to globalization, there are employment opportunities all over our vast world. However, most people have had to leave their
families for many years as they work abroad. As a result, couples have divorced, remarried, and left impoverished children at the mercy
of volunteers and shelters. Some children haven’t met their old-aged parents’ needs because the money they earn from their job is not
enough.

2. Unemployment

In almost all developing countries, over half of the working population relied on casual jobs in industries until globalization took root.
The advancement of technology has reduced such employment and increased the global need for skilled professionals. Most people in
developing countries don’t have skills, while the available jobs are poorly paid due to the high demand caused by globalization.

3. Increased Lifestyle diseases


Globalization has brought in the consumption of processed foods, planting crops using chemicals to minimize the duration of growth
and increase profit. To benefit from the business, animals such as cows are fed on chemicals that make them produce a lot of milk or
increase weight for those sold for the meat industry. Due to increased ingestion of chemicals from foods, chronic diseases are on the
rise. The mortality rate is high. Furthermore, there is a reduction in the lifespan in developing countries.
4. Abandonment of Culture

Every community, society, or nation has its values and beliefs, that is to say – its own culture. They are essential because they
mold the acceptable behavior of the people in a particular community. The elders or leaders ensure that the people behave in
a morally good way.

5. Terrorism

Not a year ends without incidences of terrorism in the community, which has affected its welfare and unity that existed before
globalization. According to recent studies, there were nine thousand terroristic attacks performed worldwide in 2017.

6. High Competition in Corporate World

Due to worldwide integration, one can never get a job in an office instantly because there is a high competition of skilled and
professional workers worldwide competing for a job.
WHAT ARE SOME ASPECTS OF FILIPINO
CULTURE?

• Behavior and traits are among the many things that constitute the culture of a
society. Filipino Historian Teodoro Agoncillo, in his book “The History of the
Filipino People”, outlined the common traits that are prevalent among
Filipinos:
Hospitality – Filipinos are welcoming to others (even strangers) and will offer people comfort when they arrive at a Filipino
home.

Close Family Ties – Filipinos value their family (mother, father, grandparents, children) more than anyone and anything else.

Respect for Elders – Filipinos recognize their elderly as figures of authority. It is unthinkable for a Filipino to do an essential
thing without consulting their parents or grandparents.

Fatalistic – Filipino often believe that whatever happens to them is the work of Fate. This fatalisın is best symbolized in the
phrase “Bahala Na”.

Loyalty – do a Filipino a little favor, and he remembers you to the end of their days. For the Filipino, friendship is sacred
and should be mutual under all circumstances.
Sensitive – Filipino would not tolerate anyone berating their fellow countrymen. They are easily piqued when a foreigner, for
instance, makes a sweeping generalization that is not flattering to Filipinos.

Tendency to be Indolent – indolent means laziness. Dr. Jose Rizal explained this tendency due to the tropical climate, which
makes even the Western lazy in these parts of Paradise. Aside from the warm climate, indolence may be partly explained by
the abundance of Nature endowed our country.

Lack of Initiative – this trait is explained by the natural fear of competition, for Filipino society is cooperative, not
competitive.

Curious – The Filipino (being childlike) is naturally curious but tainted with sympathy.

Regionalistic – Filipinos think not in national boundaries but regional oneness (ie: Bicol Region,Tagalog Region, Visayan
Region, etc.)

Pakikisama – may be translated loosely as the intensive signification of camaraderie or spirit of comradeship, the main
elements of which are unselfishness and good faith.
IS THE FILIPINO CULTURE CHANGING?
• Filipino values and customs that were maintained have changed or are changing through the sociocultural and
political evolution of the Filipino culture.

• utang-na-loob and interdependency (barangay system: the relationship of the datu and tau) hospitality to friends
(sanduguan) to being colonials under Spain and the US (fighting for sovereignty and issues of collaboration)

• Muslim resistance against oppressors and colonizers (protection of motherland, identity, and religious freedom)
and the difference of historical experiences between Christian and Muslim Filipinos Filipino resilience amidst social
issues and political changes and amplified desire for freedom (Japanese occupation, Martial Law, social movements
against corrupt and fascist administrations) diversity of Filipino culture – the result of hundreds of years of
colonization, indigenizing of cultures, cultural diffusion due to globalization, Indigenous cultures functioning as
forerunners of the Filipino Identity jejemon culture, hypebeast culture, pa-woke culture, burgis culture, masa culture
MEMBERS
• GERALDINE DELA CRUZ ESCOSA
• JENNIFER PATANGAN
• RESHEL PANIZALES
• SHANNON CLYDE GEPANAGA

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