Posts Tagged ‘Globalisation’

A Global Village5118345490_0b8604962c_z_500x495


Over time humankind spread across the globe and established contact with other local cultures. So far nothing new, right? For many years, decades, even centuries, this happened at a slow pace because travelling was difficult and the first media didn’t allow instant communication. However, more recently this scenario changed completely.
The advances of  technology and communications allowed this phenomenon to grow at an increasing speed and became almost uncontrollable.
Nowadays people, culture, money, goods, etc. move across the world very easily making trade and social interactions grow at an unprecedentend rate. The world suddenly became a small global village.
All these contacts, exchanges and  interdependence had a lot of impact in everyone’s lives. Individuals, communities, institutions   and countries have been affected by these transformations. The immage below provides a view of some of those changes.
While some argue those changes positive,  others view this process as road to poverty. Who’s right?
Well, you have to decide for yourself.


On the bright side, globalisation has brought some benefits, for example:

  • It promotes better understanding among different countries;
  • It allows more opportunities of cooperation among people, institutions, countries;
    pros and cons7
  • Consumers may have a wider variety of products to choose from;
  • Goods prices can be more competitive;
  • Companies have access to a wider market for their products;
  • There are more opportunities for investment;
  • Information and knowledge spreads more  widely and quickly;
  • etc.

                  As for the drawbacks, they are quite numerous as well:

 –  Loss of a culturally defined identity;
 – Less cultural diversity;
 – Potential loss of jobs;
 – Greater exploitation of labour;
 – Greater inequalities as richer nations benefit more than poorer ones;
  –  An economic or political crisis may spread to other countries in a chain reaction;
– Higher environmental costs;
– Multinational corporations may become too powerful.

Certainly you can think of a few more to add to each side of the debate. So now it’s up to you to decide if drawbacks outweigh the benefits or the other way round.

Watch this film for quick review:


To review the presentation we used in the class: Globalisation


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