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The advantages and disadvantages of globalization

Popularity 1Viewed 693 times 2018-1-10 00:35 |System category:News| globalization

With the booming of cultural exchange and economy development, globalization has became a buzzword. The concept of globalization is to examine the future tendency in the wide range of the industries among the worldwide countries. Definitely, it has advantages and disadvantages because of the unbalanced development.

Globalization means more job opportunities and huge potential market, the business people can do internatil trade with the people who live in the different countries. The advanced technology provides the preferable service to the middle and small-sized enterprises, even the transnational enterprises. E-commerce was emerged and thrived in the past decades. General speaking, it's beneficial for economy, culture, education, politics and other industries. By virture of the diversified environment, more favorable policies will be made to support the backward regions and countries in the coming years. Globalization creates equality for developed countries and developing countries, men and women, people with different race and beliefs by knowledge sharing.

Unfortunately, the world is getting smaller. The economy recession in the USA will effect China, British, even other countires. The private privacy could not be protected perfectly. It's hard to keep the industrial secret before we release new products. We live in the age of information explosion. Everyday, People can read internationl and local news by accessing to the internet. In the meantime, the fake news will be spread on the internet. The people might be cheated by phishing website and stuck in the touch situation, like smuggling and trafficking. The crime rate will be increasing.

Globalization is an irreversible tide. It brings us more potential benefits and risks. The only way of seeking and capturing the opportunity is to develop the economy and broden our horizon as possible as we can. Once we are out of the trend, we must lose the best opportunity to become a more powerful country.

(Opinions of the writer in this blog don't represent those of China Daily.)




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Reply Report SEARU 2018-1-10 09:49
Anything seems like a double-edge sword! In daytime, you could always see some dark-side in the sunshine!

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