Globalization: Advantages and Disadvantages PDF

Summary

This document discusses various facets of globalization, outlining its advantages and disadvantages. It explores communication improvements, transportation advancements, and increased GDP, while also examining negative consequences such as health issues, cultural loss, and uneven wealth distribution. The paper also touches on globalization's impact on law enforcement, including potential for transnational crime facilitation.

Full Transcript

**Communication** - every single information is easily accessible from almost every corner of the world. Circulation of information is no longer a tedious (lack of interest) task, and can happen in seconds. The internet has significantly affected the global economy, thereby providing direct access t...

**Communication** - every single information is easily accessible from almost every corner of the world. Circulation of information is no longer a tedious (lack of interest) task, and can happen in seconds. The internet has significantly affected the global economy, thereby providing direct access to information and products. **Transportation** - considered as the wheel of every business organization, connectivity to various parts of the world is no more a serious problem. Today with various modes of transportation available, one can conveniently deliver the products to a customer located at any part of the world. **GDP Increase** -- The measure of an economy adopted by the United States in 1991; the total market values of goods and services produced by workers and capital within a nation's borders during a given period (usually 1 year)) -- Gross Domestic Product, commonly known as GDP, is the money value of the final goods and services produced within the domestic territory of the country during an accounting year. **Free Trade** - is a policy in which a country does not levy taxes, duties, subsidies or quota on the import/export of goods or services from other countries. There are countries which have resolved to free trade in specific regions. This allows consumers to buy goods and services, comparatively at lower cost. **Travel and Tourism** - Globalization has promoted tourism to great heights. International trade among different countries also helps in increasing the number of tourist that visit different places around the world. **External Borrowing** - With the help of globalization, there is opportunity for corporate, national, and sub-national borrowers to have better access to external commercial borrowing and syndicated loans. ***Disadvantages of Globalization:*** - **Health Issues** - Globalization has given rise to more health risks and presents new threats and challenges for epidemics.-The dawn of HIV/AIDS. Having its origin in the wilderness of Africa, the virus has spread like wildfire throughout the globe in no time.- Food items are also transported to various countries, and this is a matter of concern, especially in case of perishable items. - **Loss of Culture** - With large number of people moving into and out of a country, the culture takes a backseat. People may adapt to the culture of the resident country. They tend to follow the foreign culture more, forgetting their own roots. This can give rise to cultural conflicts. - **Uneven Wealth Distribution** - It is said that the rich are getting richer while the poor are getting poorer. In the real sense, globalization has not been able to reduce poverty. - **Environment Degradation** - the industrial revolution has changed the outlook of the economy. Industries are using natural resources by means of mining drilling, etc. which puts a burden on the environment. - **Disparity (Inequality)** - Though globalization has opened new avenues like wider markets and employment, there still exist a disparity in the development of the economies. Structural unemployment owes to the disparity created. Developed countries are moving their factories to foreign countries where labor is cheaply available. - **Conflicts** - It has given rise to terrorism and other forms of violence. Such acts not only cause loss of human life but also huge economic losses. - **Cut-throat Competition** - 0pening the doors of international trade has given birth to intense competition. This has affected the local markets dramatically. The local players thereby suffer huge losses as they lack the potential to advertise or export their products on a large scale. Therefore, the domestic markets shrink. - ***EFFECTS OF GLOBALIZATION TO LAW ENFORCEMENT*** - Facilitation of transnational crimes and criminals can be easily achieved. - There is a need for transnational policing. The cooperation among police organization in the world is vital. - Training instructions for incoming law enforcement officers must include advancement of technologies to prepare them as cyber cops so they can be better prepared to del with cybercrimes. - Development of new strategies to deal with international organized crimes is a must. - Provisions of law enforcement with updated legislations related to modernization theory of crime. - ***Increasing volume of human rights violation evident by genocide or mass killing.*** - ***The underprivileged gain unfair access to global mechanisms on law enforcement and security.*** - ***Conflict between nations.*** - ***Transnational criminal networks for drug trafficking, money laundering. terrorism, etc.*** - ***The effect of globalization on the state-based human rights violations will depend on the type of state and its history.*** - ***In general, analysts of globalization find that states international integration improves security rights, but increases inequality and threatens the social rights and citizens.*** - ***Findings on the effectiveness of the international pressure on state human rights policy suggests that target must be structurally accessible, internationally sensitive, and contain local human rights activists for linkage.*** - ***While globalization brings the threats and many other threats to law enforcement, opportunities like the following are carried:*** - ***Creation of International tribunals to deal with human rights problems.*** - ***Humanitarian interventions that can promote universal norms and link them to the enforcement power of states.*** - ***Transnational professional network and cooperation against transnational crimes.*** - ***Global groups for conflict monitoring and collations across transnational issues.***

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