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Is globalization good or bad?

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  1. The term of Globalization
    1. History
    2. Effects of globalization
  2. Development of advantages of globalization
  3. The negative aspects of globalization
  4. Personal point of view, Is Globalization Good or Bad?

I have chosen to focus my work on the subject of Globalization in order to understand this notion better and increase my knowledge in this domain. It is very important for me to understand it well because I want work in the field of marketing and event management. According to the university of Auckland business school Marketing is defined as the area of management responsible for researching and satisfying customer needs, through market planning, product and service development, pricing, advertising, promotion and distribution. Marketing also focuses on developing and managing ongoing relationships with customers, competitors, partners, suppliers and other stakeholders." This definition shows that having some notions about this phenomenon is fundamental. Knowing things about globalization definitely include in consequence having an idea and considering this aspect that has changed the world. Since the emergence of the notion of globalization, the world has gone through a series of modifications.

[...] Now there is no dub that we have an international commerce based on International Trade, which means for each country importation of goods and services from other countries and some countries witch are used to producing to foreigners as exports. As financial openness has increased across the world, global flows of foreign investment have more than doubled. The World Bank's World Development Indicators in 2003 has indicated the share of international trade in output (exports plus imports of goods). We can notice that international trades for rich or developed countries have augmented from 32.3 to between 1990 and 2001 whereas for developing countries it rose from 33.8 to 48.9 percent in the same period. [...]

[...] This is where the great banks have their headquarters and where ambitious companies go to seek financing or go public. ?World Government is coming . " (Norman Cousins, Human Events). This new idea introduces my third advantage of globalization. In order to make the world global, countries needed to find how acting together in the same way. They had to help each other, act together and especially not against. For this reason and as a result they decided to create international government? with international laws, international controlling systems It doesn't exclude each government and particularities and it is organized by the most important governments in the world. [...]

[...] For me, globalization in one hand is a really good thing unexploited. The excellent aspect of that notion is that globalization has the potential and the means to be able to help undeveloped countries. With technological progress, social and economic network, as well as breakthroughs in medicine; it's really possible to develop some poor countries, increase jobs and avoid bad political situations. But I am totally convinced that nowadays globalization increase inequalities, and widen the gap between rich and poor. [...]

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