GLOBALIZATION

GLOBALIZATION

1. connection of different parts of the world, expanding culture, economy and even political ideas.

   • COLOMBIA
     • it demands a clear development plan
     • in order for globalization to generate a big impac, Colombia has to fix internal problems first.
     • new "productive and clean culture" has to be created in order to work properly

2. LATIN AMERICA

   • not equal development for every country
   • environmental impact generated by multinational companies
   • importing technology creates an unequal market (HIGH prices)
   • some companies don't use contracts which leave people "unprotected" (no social security, pension etc)

3. LATIN AMERICA

   • open economies, more business opportunities
   • the internet is vital in the globalization process and most of the people have access to it
   • agricultural products can compete in international markets due to improvement
   • better life quality for workers in the exportation business
   • COLOMBIA
     • huge growth in economy
     • "well received" in the international market
     • globalization doesn't always make poorer the poor ones and richer the rich ones.