Pros and Cons of Globalization

Pros and Cons of Globalization

1. Dangers/Risks/Fears of Globalization

2. Hopes/Chances/Opportunities of Globalization

3. Environment

   • Higher CO2 emissions
   • Pollution
   • Global warming

4. Developing countries

   • Hope to get work and prosperity
   • New jobs are available and access to world market
   • Reduction of poverty
   • Many people still suffer from malnutrition or die of diseases
   • Dependency on developed countries
   • Increasing independence on foreign support, credits and investment
   • Unfair/inhumane working conditions

5. Industrial world/Economy

   • Exports improve economy (international/free trade)
   • Wide range of products/food at any time
   • Growing prosperity for producers
   • Countries can help each other
   • financial crisis in one country can affect others as well negatively (global crisis)
   • People in industrial countries lose jobs

6. Culture

   • Greater understanding and tolerance
   • Spread of traditions and culture
   • Clash of cultures
   • Fear that individual cultures will blend into a single global culture (loss of cultural diversity)
   • Regional and ethnic tensions (racism)

7. For humankind in general

   • Fast/better communication and exchange
   • Technological progress
   • International cooperation to solve problems (global challenges)
   • Easier travelling, wider range of products
   • Diseases can easily spread all around the globe (pandemia)
   • Wider gap between rich and poor

8. Politics

   • Reduction of wars and conflicts worldwide
   • Peaceful, borderless world of shared universal values, ecological stability
   • Spread of freedom, democracy and human rights
   • Massive illegal immigration
   • Danger of increasing corrupt governments
   • Increasing of power of global players (loss of control)
   • International affairs more important than national
   • Clash between political systems

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