Purchase Solution

Benefits of Globalization

Not what you're looking for?

Ask Custom Question

This solution discusses what the supporters of globalization celebrate. With regard to consumerism, immigration, and nutrition, it also offers examples.

Purchase this Solution
Solution Summary

This posting offers benefits associated with globalization.

Solution Preview

As you examine what supporters of globalization celebrate with regard to consumerism, immigration, and nutrition, please allow some of these ideas to guide you. I personally support globalization and deem it as more persuasive.

Although it is difficult to pinpoint a solid, universal definition, I like the one from http://www.imf.org/external/np/speeches/2003/101603a.htm that says, "process of increasing international division of labor and the accompanying integration of national economies through trade in goods and services, cross-border corporate investments and financial flows. This integration is boosted by technological progress, in particular in transport and communications. Ideally, globalization is a win-win proposition, in which all economies ultimately benefit through productivity and growth effects."

First, supporters of globalization celebrate growth and a connection to the rest of the world. Please note that in terms of consumerism, it offers access to foreign capital, global markets, and new technology. A great example of this benefit involves China. Research shows that by taking part in globalization, China has been able "to fund modernization by selling its products on the world market" (http://www.radford.edu/~mthong/benefits_of_globalization.htm).

Economic research also produces strong implications to support globalization. Please notice that "Globalization might enable economies to access large markets, reach a greater diversity of product benefits from higher inflows of capital, and gain from technological progress" ...

Solution provided by:
Stacy Shaneyfelt, MA
Education
  • BS , Slippery Rock University
  • MA, Slippery Rock University
Recent Feedback
  • "thk u"
  • "Thank you. Posted one more.. if you are online pls help. "
  • "thk u"
  • "thk u"
  • "thnk you"
Purchase this Solution
Related BrainMass Solutions

  • Question about Pros and Cons of Globalization

    110616 Question about Pros and Cons of Globalization Opponents to globalization, like your colleague, complain that the benefits of globalization are not being shared fairly.

  • Benefits of globalization

    The solution details some of the benefits of globalization.

  • Globalization

    Yes, globalization brings benefits to an organization as well as brings numerous costs to it as well. The benefits arrive in form of increased revenue due to exploitation of market opportunities in numerous markets across the world.

  • Globalization: Darker Side

    This posting discusses the darker side of globalization and what business leaders can do to increase the benefits of globalization vis-s-vis its costs.

  • Globalization and Culture

    On a more proactive platform, there exist ways by which people can derive benefits from globalization. In areas such as East Asia, the effects of globalization are some of the most profound.

  • Benefits and Costs of Globalization to Businesses

    513633 Benefits and Costs of Globalization to Businesses Analyze the benefits and costs of the globalization to businesses. Tie in core values such as responsible stewardship, integrity and excellence.

  • Dangers and Advantages of Globalization

    Benefits as well as challenges present themselves when it comes to globalization however, developing countries should always utilize the available benefits with an aim of avoiding the challenges which may arise from the act of globalization (Globalization

  • survey questions about globalization

    Please rate 5/5 for my 300 words of notes. I've provided some sample survey questions about the effects and influence of globalization: ? Do you see more benefits or detriments socially based on globalization's prevalence in society? ?

  • Globalization arguments in terms of labour and growth

    Supporters of globalization argue that off shoring benefits a country's economy.

View More Related Solutions