Julio Cesar Baldovinos Martinez

Globalization, Society and Politics

12/22/16

Globalization

Globalization can be understood as the process at a global level that

countries transverse, where its main element is the market, but it also
impacts the mass media communications, workforce, knowledge and
technology.
By being based fundamentally on economic logic and on the market
expansion, globalization breaks down local commitments and usual
forms of solidarity and cohesion with our peers." (Tedesco, 2000). In this
way, it can be interpreted as an economic interdependence that grows in
conjunction with all the countries of the world, on account of the
increase in the quantity and diversity of the transactions of goods and
services. The economic globalization brings with it a reduction in the
costs of production, reason why the costs in the market will diminish in a
significant way.
The decrease in the production costs directly brings with it an increase in
the jobs within the regions where multinational companies are
established. "Direct investment by multinationals is one of the most
representative forms of capital flows. It is directly associated with effects
such as the capacity to generate employment, increase productivity, and
transfer of know-how and technology" (Maesso, 2003). In addition to the
growth of employment generated, the competitiveness among
entrepreneurs increases, which means that the quality of the goods or
services they offer grows.
The greatest economic disadvantage that globalization faces, is the
economic inequality that exists between developed and underdeveloped
countries. "Economic globalization is intrinsically detrimental to the
environment because it is based on consumption, resource exploitation
and the ever-increasing waste disposal problems" (Gedisa, 2003). This
generates an exhaustion of the natural resources of the underdeveloped
countries, since the companies emigrate with the goal of obtaining labor
and raw materials at a lower cost. A very clear example of this is seen in
slavery in the cocoa industry in Africa, where children between the ages
of 11 and 16 are forced to work between 0 and 100 hours a week, it is
important to emphasize that the cocoa trade represents a 40% of Cte
dIvoires (Ivory Coast) GDP and 60% of their exports.
Globalization has its advantages and disadvantages, so the real question
here is, what will be the ultimate impact of globalization in the economic
sphere? Unfortunately, the answer to that dilemma cannot be known
with certainty. According to the Colombian economist Julin Ramiro
Mateus in his paper "Globalization: its effects and benefits" he explains
that the less developed societies will unfortunately be the least prepared
to face the sudden and unpredictable changes that globalization
promises.

REFERENCES

http://www.foodispower.org/es/la-esclavitud-en-la-industria-del-
chocolate/
http://www.mapama.gob.es/es/calidad-y-evaluacion-
ambiental/temas/red-de-autoridades-ambientales-raa-/ms_2_tcm7-
15129.pdf
http://www.fuac.edu.co/revista/M/cinco.pdf
http://recursos.salonesvirtuales.com/assets/bloques//Rodriguez_Carrasco
_LAGLOBALIZACIN.pdf
http://www.tuposgradour.com/portals/0/concepto-de-globalizacion.pdf
http://www.eumed.net/cursecon/libreria/AR-glob-libro.pdf