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26 December, 19:45

A precise definition of globalization is difficult, because globalization is a process which removes economic, social and cultural boundaries of nation states. Discuss this process. Do you think that globalization is a win-win situation for all countries? You may argue in favor of or against this view.

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  1. 26 December, 22:29
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    The correct answer to this open question is the following.

    I think that globalization is not a win-win situation for all countries. Like every system, it has its pros and cons. A simple definition to understand globalization is that it is a process that removes the economic, social, and cultural boundaries of nation-states. However, not every country has the same level of industry and infrastructure to enter the game of globalization under the same conditions. Most underdeveloped countries enter trade agreements with notorious disadvantages. They export raw materials, developed countries transformed into goods in their industries, and later these nations export back the goods to the underdeveloped countries at a higher price. And that is because the underdeveloped country does not have the kind of industry and technology to do so.

    Another disadvantage of globalization is that it transmits the culture and way of living from one place to the other. And this dominant western culture does not fit into the values, traditions, and customs of another nation.
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