World Trade Organization: Good or Bad? ... Many feel that these smaller countries are provided with little aid with regard to ensuring fair and equal trade between them and much larger, more powerful nations due to a lack of any real experience in a global economy. ... In theory the World Trade Organization should work terrifically. ... There is a paradox in the real world. Balance in this world is created by having hierarchies. ...

• Word Count: 911
• Approx Pages: 4

Electronics are a huge way to integrate economies together (Crane, Kawashima, Kawasaki 215). ... This allows economies to be as high as it is due to all the revenue it is generating. ... Obviously, they do not want to be left behind in a modern world full of trade and feel that globalization can boost their economy and their status among the trade world. ... They can accomplish such by trading all over the world. ... For the past century, the global economy has improved. ...

• Word Count: 984
• Approx Pages: 4
• Grade Level: High School

• Social and cultural impacts of globalization are discussed in Culture: The Development of Global Culture, World Health Organization, World Food Supply, and Poverty: Causes of Poverty - The Global Distribution of Resources. • Political aspects are found in World Government, International Arms Control, the sidebar "Defense Planning after the Cold War" in the Cold War article, and the United Nations. • Business and economic aspects of globalization are discussed in Business: Current Trends, Foreign Trade: World Trade, World Trade Organization, and North American Free Trade...

• Word Count: 446
• Approx Pages: 2
• Grade Level: Undergraduate

In the world today globalization is essentially a synonym for global business and is personified by three organizations: the World Bank, the International Monetary Fund (IMF), and the World Trade Organization (WTO). ... If global institutions were transparent and democratic and included representatives of non-monetary interests they could nurture equality and well-being in a democratic world economy. ... Cutting barriers in agriculture, manufacturing, and service boost the world economy. ... Despite its many flaws, I think that globalization is a positive force in the world. ... One world,...

• Word Count: 833
• Approx Pages: 3
• Has Bibliography
• Grade Level: Undergraduate

The intent was re-ensuring themselves that they are supporting the local economy, sticking it to the big corporate giants, and protecting the livelihood of the "little guy". ... Globalization of the modern food market is what provided products to consumers around the world. ... Continuing to globalize the world's food industry can efficiently allow region-specific foods to still be accessed by consumers around the world while benefitting a number of local and worldly economies. ... Not only do the people of Ghana get to enjoy great tasting and affordable chicken, their economy g...

• Word Count: 1104
• Approx Pages: 4
• Grade Level: Undergraduate

Globally, the use of containers considerably boosted trade flows: the amount of dollars exchanged for world merchandise trade has been multiplied by almost ten in 45 years, from around 2 to 18, in tm of dollars. ... In a global economy, no nation is self-sufficient. ... These interdependencies imply not only material flows, but also numerous relations where flows of capital and services are established between regions of the world. Indeed transmitting of messages by telephone, telegram, fax, satellite etc. and financial transactions across the whole world does necessitate an efficient global ...

• Word Count: 1245
• Approx Pages: 5
• Has Bibliography
• Grade Level: Undergraduate

However, the emergence of the Far Eastern economies shows that the world is slowly being divided into the lines that Orwell set. ... This is extremely dangerous, as it means that huge multi-national financiers, such as Soros can make or break a countries economy. ... Any future attempt at stabilising world markets should not be based on the premise of linking economies, at least not globally. It is for this reason, therefore, that I suggest a world organisation, similar to the United Nations, that controls and regulates the stock markets of the World. ... Also, this would help stabilise th...

• Word Count: 608
• Approx Pages: 2
• Grade Level: High School

What are the possibilities, advantages and risks of such "world citizenship"? ... One example is world war II, which started in the middle of Europe- -considered then the most civilized part of the world- because of Germany's belief in its national superiority. ... Would the better ones pull up the worst to keep up with them or would those countries-having the best economy- want to carry the rest on their shoulders? ... World has a cultural diversity in itself. ... As the cultures were revised by economy, stronger economies emposed their cultural practices to the weak ones. ...

• Word Count: 629
• Approx Pages: 3
• Grade Level: Undergraduate

Although globalization is a relatively new term in our eyes, it has been occurring throughout the world for the past 5000 years. In the most basic terms globalization is the homogenization of world culture, politics, and economics. ... The final aspect of globalization I will discuss is political, political globalization is the unifying of state governments and creation of world governments due to the changing structure of the global economy. ... I believe the answer is yes, as Andrew Warner and Jeffrey Sachs have demonstrated "The fastest growing developing countries in the past two decades ...

• Word Count: 1230
• Approx Pages: 5
• Grade Level: Undergraduate

Global or world cities are the place where the local meets the global, and they are crucial actors and points of contact for the new networks of the 21st century. ... The first of these mini-world-systems was constructed around the Nile, the Tigris-Euphrates, and the Indus Rivers (Abu-Lughod 401). Cities continued to grow and spring up around the world. ... According to Saskia Sassen, focusing on cities in an analysis of economic globalization signals the declining significance of the national economy as a unitary category in the global economy (409). ... Recovering place, constituted in ma...

• Word Count: 911
• Approx Pages: 4
• Grade Level: Undergraduate

Since the open-door policy and the economic reform in 1979, China's economy has been developing rapidly. ... As the year comes to 2003, after the "9 ¤11"event and the Iraq war, the world economy is continuing to slow down. The recession risk of world economy is evidently increasing. ... The "9 ¤11"event and the Iraq war will postpone the recovery process of the world economy. ... And so does the world capital market. ...

• Word Count: 808
• Approx Pages: 3

While all three terms derive from the need of an economy's expansion, each term differs slightly. Globalization focuses on the trade and growth of economies across the world. ... Glocalization focuses on a more localized approach to a certain society and economy. ... He uses this term when describing how an economy or society is run like a fast food business. ... He states that economies can be run very bureaucratically and with a top-down approach. ...

• Word Count: 511
• Approx Pages: 2

Would the better ones pull up the worst to keep up with them or would those countries-having the best economy- want to carry the rest on their shoulders? ... World has a cultural diversity in itself. ... As the cultures were revised by economy, stronger economies imposed their cultural practices to the weak ones. ... Caring about the whole world and not just the territory one lives in is the starting point of the idea: World Citizenship. If we are living in the world we have to be aware of what's going on around us and if possible do something for the better of the world. ...

• Word Count: 1050
• Approx Pages: 4
• Grade Level: Undergraduate

It can influence a country's development in politics, economy, and culture. ... The economy needs the positive help brought on by globalization. ... It means that globalization gives a chance to developing countries to compete all over the world. ... It can help develop their economy in an easier and faster way. ... Globalization may interfere with the economy, and ruin the environment. ...

• Word Count: 1015
• Approx Pages: 4
• Has Bibliography
• Grade Level: Undergraduate

Cities currently are striving to separate and define their identity to appeal to the seemingly smaller world community. This in turn places more pressure on smaller countries to draw more monetary resources to compete with some of the worlds more affluent nations. ... Globalization is an inevitable force of human evolution that is partly driven by objectives in cutting costs in our free market economy. With this need to stimulate global economy it is understood that each country could benefit from the expansive mechanism. It is my opinion that globalization will continue to reshape the wo...

• Word Count: 254
• Approx Pages: 1
• Grade Level: Undergraduate

Goods and services produced in one part of the world are increasingly available in all parts of the world. ... The expanding world market seems to leave behind the smaller trade economies of the poorer countries in the world. ... Organizations like the World Trade Organization (WTO) are supposed to help regulate the commercial status of all countries, including the less developed poor economies. ... This Report told us that the richest 20% of the world's population receives 82.7% of global income, while the poorest 20% receives only 1.4%. ... Globalization is a world wide trend that is no...

• Word Count: 1047
• Approx Pages: 4
• Has Bibliography

Seeing that this resolution talks about global status, then we must look at how it affects the people of the world. ... Globalization is not a unique way to better only certain economies, its methods work in any system. With free trade even the worst economy can begin to help its people with the most basic of problems, like food. ... When a statist ruler exhausts his own country's economy, he attacks his neighbors. ... Globalization is a vital step toward both a more stable world and better lives for the people in it. ...

• Word Count: 927
• Approx Pages: 4
• Grade Level: Undergraduate

Such events illustrate how "globalized the international economy had become" (Malcolm, 2001, 88) that reflects the idea of globalization which is " a relatively complete phenomenon in that it connects the economies of the entire planet demonstrates the connection of the global to the local it confirms that globalization is by no means a finished process - the crisis is solved by the IMF loans and regulations dominated by the US government with the IMF working closely with the US treasury" (Malcolm, 2001, 89), the US being the prime shareholder in IMF. The stringent conditions imposed by the...

• Word Count: 506
• Approx Pages: 2
• Has Bibliography
• Grade Level: Graduate

On the other hand, Clinton feels as though economic globalization is necessary for the world to progress as a whole. ... What he does not take into consideration, which Vandana Shiva points out, is that perhaps these countries do not want to become like the industrialized nations of the world. ... Secondly, not only do corporations overrun local economies, but they disturb the local cultures as well. ... In practice it is a raging tyrant taking over all inferior economies. ... Until they come to terms with the fact that not all countries want to be like the rest, they will continue to intr...

• Word Count: 650
• Approx Pages: 3
• Grade Level: Undergraduate

Globalization is defined as the integration of the global economy. ... Examining different areas and cultures of the world defines the first perspective of this "buzzword." ... Countries are having difficulty keeping up with the high paced economy due to lack of technology, resources, and capital. Without proper resources, the growth of the economy will fail to progress and expand. Therefore, they will remain as "third world countries;" uninvolved in the world around them. ...

• Word Count: 866
• Approx Pages: 3
• Grade Level: Undergraduate

Globalization is a phenomenon that is occurring all throughout our world today. ... An always altering factor in today's world is technology. ... We are aware of effects in our environment every day, from globalization there has been important aspects that contribute to the economy. An example would be the oil sands that are an immense factor in the Canadian economy; there is environmental damage the oil sands industry has been involved in. ... We are merely steps from a one world government. ...

• Word Count: 537
• Approx Pages: 2
• Grade Level: Undergraduate

Jack Ma is now the 34th richest person in the world with a net worth estimated at $22 billion (Forbes"). ... Alibaba has given small business throughout the world an easy and safe connection to china's industrial civilization. ... A story like the one for Alibaba's can be inspirational to the many aspiring entrepreneur's around the world. From a failed school teacher to China's richest man and entering a class of the most elite people around the world. ... Alibaba is extremely important to US investors because it offers them a chance to invest in the fast growing Chinese ec...

• Word Count: 782
• Approx Pages: 3
• Has Bibliography

In laymen's terms, the world now recognizes globalization because it has been extremely "globalized". ... "Globalization means the spread of free-market capitalism to virtually every country in the world, (Thomas L. ... "In response to the accelerating trend towards economic globalization, the surging technological revolution and the world development trend, we will vigorously implement the strategies of restructuring China's economy, developing the western areas, rejuvenating the nation through science and education and seeking a sustainable development, (Premier Zhu Rongji)." ......

• Word Count: 562
• Approx Pages: 2
• Has Bibliography
• Grade Level: Undergraduate

The common thread throughout this article is the fact that our world is changing towards a more global setting every day. ... Even variations on globalization are discussed as solutions to bringing the world together under one common economic structure. ... The impact or potential impact that the necessity of globalization can have on the world today is that it will involve the implementation of free trade or some form of free trade which leads to free mobility of capital, more immigration, increased possibility for prosperity and the probability of raising living standards especially in th...

• Word Count: 645
• Approx Pages: 3
• Grade Level: Undergraduate

Globalization is a worldwide movement that can be described as a "shift toward a more integrated and interdependent world economy.... Advancements in this field are reshaping societies and economies around the world. ... The internet has also enabled job applicants to connect with job recruiters anywhere in the world and has made for easier contact. The news industry has been dramatically transformed by the explosion of the world-wide web. ... People can read and listen about current events happening in other parts of the world, not just where they are located. ...

• Word Count: 513
• Approx Pages: 2
• Grade Level: Undergraduate