Negative Impacts Of Globalisation On Developing Countries – Result of Impact of Globalization: Due to the fall of communalism, Globalization has become one of the most controversial and debated topics among people all over the world. Globalization has a different definition for different people, and whether it has a positive effect today or was better for yesterday is still questionable. Although part of the population questions its existence, it has had a significant impact on the economy of developed and Developing Countries. Globalization cannot only be related to politics because it has had significant effects on the cultural, ideological and social aspects of people around the world.
To understand the impact of Globalization, it is important to know what it is. One of the popular political scientist, James Rosenau, described this term as a popular current label and considered the dimensions of people, goods, ideas, services, activities and currencies that are localized and practiced in a closed area. According to the World Health Organization, Globalization is defined as the integration and connection of people in a local area with people around the world. The two main elements that should work here are the ease of movement of goods, services and human activities from one place to another and the combination and change of policies that allow for the easy flow of communication around the regions.
Negative Impacts Of Globalisation On Developing Countries
Globalization is a complex process that involves trends and trends in the economic, cultural and social spheres of people and places around the world. The process is huge and not easily predictable but it is also organized. Investment and trade liberalization, worldwide social networks, technological innovation, and entrepreneurship are the four main factors of Globalization.
Mexico And The Impact Of Economic Globalization
Many political scientists believe that the two main forces influencing Globalization are technological innovation and entrepreneurship. However, it is impossible to prove that the process works without the intervention of other factors. By adopting and developing market-related laws and policies at local and international levels, governments have played an important role by allowing the economic integration of specific activities and giving greater independence to meet the outside world. The financial aspect of globalization is the main force acting as a driving agent for both political and social sectors. Due to the colonization by Europe in various Countries, some cultural practices and lifestyles are adopted by people inside the African villages.
Globalization has opened the way for the development of countries. However, progress is not because some countries are growing faster than others. Communication between countries has helped reduce poverty, but it does not support members of the global community in the same way. Developing countries are in a desperate situation while developing countries enjoy all the benefits of connectivity. However, when we look closely at the impact of Globalization around the world, we can see that it has both positive and negative effects on developed and developing countries.
Globalization has proven to have a positive impact on the quality of life of people in developing countries. Financing from foreign countries and industrialized nations helps many developing countries to reduce poverty. These funds are used to improve the social structure, health, transportation and education of developing countries, and help them to improve their standard of living.
Today, developing countries can openly negotiate and trade with other industrialized countries in transport, labor, technology, management and other benefits.
Where Would Globalisation Be Without Outsourcing?
Globalization has its background that it affects both developed and developing countries. However, since the positive side is more important, people still believe that it is beneficial and aims for a better standard of living for all the poor people around the world.
According to political scientists, the impact of globalization and trade on developing countries and industrialized countries is clearly having a positive effect on the economic development of nations. However, economic development is impossible if member states and governments do not allow the free flow of trade. Trade liberalization will help the free flow of goods and services with increased profits for the producing country and the exporting countries. Over the past decade, Uganda has proven to improve its economic situation by allowing free trade flows and limiting laws.
Trade is emerging as a trend in various underdeveloped and developed countries. With the reduction of trade restrictions, the need for labor and the demand of manufacturers have increased. Many such industrialists move their business and production to developing countries, increasing employment and wealth among poor people. Host countries benefit greatly from such a situation. First, the increase in job opportunities because the industry requires a lot of labor and manpower. By welcoming new foreign sectors the import of new technology is automatically activated. Therefore, training local employees provides another job opportunity for host countries. Often these foreign industries spread their factories and factories to different countries and states. In such cases, the chance of job expansion leads to Globalization.
With increased creativity and innovation, regional and global competition is an automatic consequence of Globalization. Competition between manufacturers ensures product quality and production efficiency. One of the important positive effects of Globalization is access to foreign interests, culture and entertainment through music, movies, clothes and television broadcasts. Cooperation between government officials and a focus on common goals has helped to spread knowledge among different underserved countries. With Globalization, news and other types of communication can be done faster than expected.
The Impact Of Covid 19 On Globalization
However, with many positive effects of Globalization, there are also some negative effects, which critics agree to criticize the concept in developing countries. According to 2004 reports, the negative impact of globalization is no greater than in countries such as China and India.
According to political scientists, the most negative effect of globalization is poverty. Although poverty is said to have declined in developing countries, UN Secretary-General Kofi Annan says only a few countries are reaping the benefits of globalization. In contrast, most developed countries are left behind in the dark. It is impossible to underestimate the impact of globalization on poverty. However, according to one survey, sub-Saharan Africa has eighty-two million, Central Asia and Europe fourteen million, and the Caribbean and Latin America eight million. However, globalization is not solely responsible for poverty in developing countries, weak reforms, governance, lack of economic policies and ideas. Like Zygmunt Bauman, prominent political figures have argued that Globalization enriches industrialized countries and impoverishes poor developing countries.
Globalization helped several African colonies; However, today, most of them have been dependent on large rich countries for years. African colonies are known for their consumption-intensive economies. Poor agricultural practices and growth worsen the overall economy in Africa. In the late 1990s, the region’s per capita income gradually declined with the decline of trade facilities and imports. In the study of the social and economic conditions of Africa, there is a foreign debt of one million dollars.
Globalization has had a serious impact on the cleanliness of infectious and deadly diseases. It has given developing countries an opportunity to quickly contain, prevent and eliminate the infection. The reason why deadly diseases are increasing all over the world is due to technological problems that have led to the increase of harmful gases and as a result global warming. Increased mosquito breeding in open water, swimming in pools, and other ways contaminated with Schistosoma larvae can cause harmful diseases. With the use of western diets in developing countries, food-related diseases are on the rise in the long term.
The World Will Regret Its Retreat From Economic Globalization
The Western style that was created through Globalization has allowed adults and young people to lose their basic values and cause many diseases like AIDS or HIV that have a long-term impact on the society and the country’s economy. Before liberalization was put into practice, Ugandan coffee farmers had a Government-organized Coffee Marketing Board that acted as a middle man between farmers and foreign buyers. Even if the cost of the farmers’ infrastructure was paid, they were assured of a standard price. However, with the introduction of Globalization, the coffee brewing board was eliminated, and farmers had to face the unpredictability of the world market.
With the introduction of Globalization, the structure of employment opportunities in developing countries has changed. Before the start of globalization, the main source of employment and economy in developing countries was agriculture for men and women. With the introduction of foreign industrial enterprises, part of the people changed their occupation from agriculture and joined the industry as laborers needed for mass production. This led to a small number of people working in the fields. According to the evidence, the male workers in the agricultural fields decreased by 62 percent and the female workers by fourteen percent. Unstable income growth and unemployment without guarantee of their future result from the employment structure in developing countries.
Globalization has led to mass unemployment as multinational corporations outsource their operations. The three main changes that
Negative impacts of globalisation, economic impacts of climate change in developing countries, the impact of globalisation on developing countries, impacts of globalisation, impacts of climate change on developing countries, positive and negative impacts of globalisation, negative impacts of globalisation on culture, economic impacts of globalisation, impacts on globalisation, impacts of globalisation on developing countries, impacts of globalisation on economy, advantages of globalisation for developing countries
