Critical issues regarding globalization.
Critical aspects of globalization and its implications to the International Community:
Globalization (the understanding that the world is becoming economically intertwined on a global scale), is happening and it is an inevitable consequence of the fast paced interconnected world we currently live in. The critical macro issues surrounding globalization are political, economic and revolve around human rights, security, health/ environment and technology. On a micro level, these issues relate to population growth, food security, the development and sustainability of natural resources, the spread of terrorism /ISIS/ISIL, the supersonic speed with which information and ideas can spread, and political alliances combined with nationalism.
What is being done to address impending globalization?
Currently the United Nations Security Council (UNSC), the United Nations General Assembly (UNGA), the World Health Organization (WHO), and several other GO’S and NGO’s are working to provide a clear pathway to achieve economic sustainability through globalization.
What should be done to address globalization, and by whom?
There is no clear road to a sustainable globalized economy, however, globalization is inevitable. To find the root of these issues, we must first examine the positives, the negatives and the overall consequences of globalization.
To do this, I have created the following pro vs. Con outline:
International Marketplace, better access to products and services from customers across the globe.
Augments manufacturing on a global scale.
Stable cash flow that slowly lessens the difference of dollars
Slowly a global power is made, politics are unifying, and advantageous risk can increase the flow of cash, and information throughout the world.
Creates a universal understanding an fellowship due to the intermingling of culture and shared common interests.
People in developed countries are losing their jobs due to job outsourcing to other nations.
A shift in wealth from a current leading nation economically may transfer superiority to other nations.
Potentially leads to social degeneration and communicable illness.
Risk of one business ruling the whole world, potentially leading to the loss of the cultural identity of a nation.
The result is clearly favorable to globalization. Globalization, therefore has two ultimate conclusions. It can harm, and it can benefit the world. Nevertheless, globalization is inevitable. Globalization will change the collective consciousness, it will change the way the world connects through technology, through education, through shared common values that spread from nation to nation, and through the global understanding that one world is a lot better than NONE.