Index Pro-globalist point of view from the perspective of developed countries: Pro-globalist point of view from the perspective of developing countries: Point of view anti-globalist view from the perspective of developed countries: Works Cited This essay will focus on the following two views; Pro-globalists and anti-globalists and how they can be seen from two different perspectives, that of a developed country and the other of a developing country. Both perceive globalization as an opportunity and a threat in their context. While discussing the pros and cons of globalization, we must take into account the impact of globalization on three different aspects: economic, political and cultural. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an original essay Pro-globalist point of view from the perspective of developed countries: Globalization from an economic perspective will result in optimal utilization of resources throughout the world. Commonly, the cost of resources is high in developed countries. Businesses can get resources from anywhere in the world, wherever the cost is minimal and economical. This helps reduce production costs and will benefit the customer. Ultimately, customers will get cheaper products and this will improve the standard of living by increasing purchasing power. From an economic point of view, globalization allows companies to increase their sales by conquering new markets. With multiple markets around the world, businesses will have sales cycles throughout the year. This ensures that companies remain competitive. If companies need a specific skill set, like someone else in another part of the world, globalization allows companies to hire that person. They do not need to depend on local human resources. This will also represent an economic advantage for companies, even if at a cost. With globalization, people will speak common languages such as English. When people from different areas speak the same language or can teach each other their own language, culture spreads more easily and this can lead to a new form of trust in trade with other countries. This also leads to many people moving from one country to another to pursue their career goals. This will result in the development of cross-cultural bonds between various races of people interacting with each other. With globalization, many countries are simply dependent on each other. This creates greater mutual interdependence and countries will think twice before starting a war because countries going to war will potentially mean losing investors and this therefore means that markets can negatively affect their economies. This, in turn, brings, if respected, political stability throughout the world. Pro-globalist view from the perspective of developing countries: The most important point from the perspective of a developing country is that it helps the economic growth of developing countries. Opening up the economies of developing countries will help foreign investors to invest freely in these markets and make local producers globally competitive. Globalization also allows technological advances to spread around the world. Typically, developed countries invest heavily in research and are at the heart of most of the inventions we have today. With globalization, the same technology can be available to the masses all over the world at almost the same time. This allows developing countries to operate at the same level as developed countries. This leads to a huge advantageeconomic for the developing country as the “technology gap” between the developing country and the developed country has been narrowed. Globalization will create new job opportunities in developing countries. This, in turn, will lead to a flow of foreign currency into the economy, which is a huge benefit. A greater inflow of foreign currency will increase the growth of the economy as a whole. Enhanced economies lead to a higher standard of living with better living conditions, better health and civic amenities. The political perspective tells us that this will enable developing countries to establish and strengthen ties with developed countries and make allies in the international forum. Anti-globalist view from the perspective of developed countries: Creating new job opportunities for those living in developing countries comes at the expense of existing jobs in the host country. Companies that close down their business operations in the host country cause people to be laid off and directly force them into unemployment. Because of this, people in developed countries are at a loss and do not benefit at all from the costs saved by offshoring jobs to developing countries. Diffuse technologies, globally, lead to competitive advantages for developed countries. Most of the research conducted on the technological front has been funded by the government and has been conducted with taxpayers' money from the people of developed countries. As developing countries now have access to the same technologies, the economic gap with their developed counterparts has narrowed. This now leads to further job losses where developing countries rely on technologies to supply competitive products to developed country markets. Ironically, it seems that it was the developed countries that in a certain sense financed their own ruin. Due to globalization, people from one country who still want to take further steps in their career path, for example those who come from developing countries, have moved to settle in developed countries and instead of pursuing their exact national culture , bring their own culture with them, which results in culture shock for the original inhabitants of the country. With the advent of developing countries like India and China, developed countries have lost their usual bargaining power in international trade due to their long dependence on these economies, but for example a country like Zambia has been stuck in debt due to natural resources and agriculture. land had to offer, they were offered loans to pay off their debts, but were driven further into debt and the people of the country were forced to work under the new terms and conditions or flee the country and abandon being in debt for an extremely wealthy country in sub-Saharan Africa was a disgrace to the country. The debt continued to rise from (1) 814 US dollars to 3,244 US dollars within ten years and then went even higher to 6,916 US dollars, which was scary, but they had no choice but to take loans from the IMF and the World Bank. . The reason for Zambia's debt crisis was simply due to the means and demand for oil. The "oil crisis" due to an issue with the rising cost of importing oil, prompted a search for answers as to what would happen next if the cost of oil became too high and became extremely high and Zambia did not had been able to keep up with costs. Keep in mind: This is just one example. Get a custom paper from our expert writers now..
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