The pros and cons of globalization

Globalisation

Advantages of globalization:

The advantages of globalization are numerous in many different aspects, and the following is a detail of these positives: From the economic side, the following are the most important positives that have been achieved as a result of globalization on the economic side:

Achieving greater benefit for producers and consumers as a result of the division of labor and the expansion of markets.  Raising the level of individuals' income, especially in countries that can expand economically faster.  Freedom of movement of the workforce between different countries, which helps in the exchange of ideas and skills.

Contribute to closing the economic deficit of some countries;  By allowing it to borrow money from the capital markets.  Increasing consumer awareness of the challenges arising from some global issues such as: climate change and wage inequality.  The contribution of the competitive pressures of globalization to raising the level of government performance and protecting workers.  An abundance of more goods at lower prices;  Globalization encourages countries to focus on their field of industry, thus raising the quality of their products by using the least available resources, which contributes to economic growth, lowering the cost of goods and services and making them affordable, especially for people with limited income.  business expansion;  Large markets provide the opportunity for companies to reach a larger segment of customers, and thus increase revenue.

 From the political side:

 Globalization has enhanced the spread of democracy and increased awareness of human rights. Despite the huge technological gaps, globalization has played an important role in democratizing the media, through social networks, which encouraged the promotion of political openness, the elimination of corruption, and the abuse of power.  and improve political representation.

From the social and cultural aspect:

Globalization has enhanced societal justice on an international scale, in addition to its contribution to focusing the world’s attention on the issue of human rights. On the cultural level, globalization has had a great role in the development of knowledge and cultural networks of communication, and has led to the development of lifestyles and consumer behaviors of individuals.  Cultural globalization has a positive impact on media coverage;  This is in directing peoples' attention to the tragedy of individuals in light of the huge population increase.

Globalization has contributed to the liberalization of the media globally;  Thus, it became more objective and away from fanaticism and bias, and strengthened the spirit of belonging to the surrounding community, encouraged the development and exchange of arts, and contributed to raising the awareness of individuals about the nature of consumer goods and the conditions for their production, as well as making intercultural dialogue a basic need to achieve international solidarity.  Globalization has contributed to the dissemination of technology and innovation, by encouraging continuous communication between countries, which means the faster exchange of technological developments and knowledge between them.

Disadvantages of globalization:

The following are the most important effects of globalization that have negatively affected societies: creating a burden on human resources staff in searching for the best candidates for jobs from different countries, and dealing with time, cultural, and linguistic differences.  The difficulty of following up on employee immigration affairs and securing entry visas for foreign employees.  Increasing the cost of selling products in foreign countries;  This is due to the imposition of customs duties and export duties.

The difficulty of managing employees’ salaries, and following up on their compliance with the instructions, the laws related to employment, and the regulation of taxes, due to the multiplicity of markets.  loss of cultural identity;  Due to the ease of movement between countries, it has become easy to integrate into the cultures of other societies, and to try to imitate other more successful cultures, which threatens the distinctive features of the original culture and the loss of global cultural diversity.  exploitation of expatriate workers;  Where the intense competition between companies pushes to provide low-cost goods to win the largest number of customers at the expense of finding expatriate labor at lower costs and exploiting their energies.

Difficulties in expanding companies globally;  This requires large capital, in addition to high flexibility, and the ability to keep pace with the changing labor laws specific to each country.  The risk of losing local jobs due to the preference of some companies for expatriate workers or their transfer of their field of work outside the state.  The concentration of power and wealth in the hands of a specific class of large corporations, which in turn wiped out their smaller competitors around the world.  negative impact on the environment;  Where globalization has led to increased reliance on non-renewable energy sources, which has led to high levels of pollution, and global warming, as companies are looking for countries where environmental laws are less stringent;  To be able to expand its production without strict supervision.