Created: Jan 05, 2007
Updated: Oct 29, 2007
All Areas of Focus » Globalization »

Globalization Impacts

Globalization Impacts

Globalization impacts involve the social, economic, and environmental outcomes of increased economic integration. The supply chain has been fragmented between nations with extensive geographical relocations of each component (e.g. harvesting materials, parts manufacture, assembly, marketing and sales, distribution, research and development). Current "globalization" also includes a new international financial system, a new division of labor (e.g. unskilled and skilled workers, overseas buyers, traders, branders/advertisers, retailers), and a new challenge to the nation-state to guide its economic development. Sustainability, on the global/local scales, tries to prevent transnational corporations from moving to nations where there are no or few enforceable standards for environmental and worker protection and to prevent WTO regulations that would further remove regional and national authority over environmental and working standards, corporate charter

  Med_shanghai
Photo source

Med_arabic
Photo source

Related WiserEarth Portals


Discussion

Join the Discussion Forum to connect with others interested in the impacts of globalization.
 

Featured Resources

Tn_101670646_d4ef3ef633_m In the Way of Development: Indigenous Peoples, Life Projects and Globalization Authored as a result of a remarkable collaboration between indigenous people's own leaders, other social activists and scholars from a wide range of disciplines, this volume explores what is happening today to indigenous peoples as they are enmeshed, almost inevitably, in the remorseless expansion of the modern economy and development, at the behest of the pressures of the market-place and government.


Tn_138293177_e9b1a562cd_mFirst Peoples: Indigenous Cultures and Their Futures Far from collapsing in the face of global capitalism, indigenous cultures today are as diverse and alive as they ever were

Featured Organizations

Tn_400421377_2d8a11fa38_m Border Trade Alliance provides border communities – north and south – a voice before our NAFTA governments. Whether we're meeting with a Member of Congress, hosting an international conference or providing congressional testimony, our organization is representing the interests of those who live and work along the U.S-Canada and U.S.-Mexico borders, as well as the trade communities of all three nations

Tn_208816251_124611a562_m Center for Research on Globalization based in Montreal publishes news articles, commentary, background research and analysis on a broad range of issues, focussing on social, economic, strategic, geopolitical and environmental processes.

Quote

Med_grassroots
photo source

"We must ensure that the global market is embedded in broadly shared values and practices that reflect global social needs, and that all the world's people share the benefits of globalization."

Kofi Annan

Did You Know?


"In the early 1970s, developing countries faced a merchandise trade deficit: their exports represented only 96% of imports. During the 1970s their trade balance improved substantially. In 1980, exports totalled 20% more than imports. This improvement was largely attributable to the rise in oil prices after the oil crises of 1974 and 1979. In the 1980s and 1990s, developing countries' trade balance deteriorated. In 1990 the balance was still positive, but exports were only 2% greater than imports. By the mid-1990s, the exports-to-imports ratio had returned to its 1970 level. Meanwhile, developed countries' trade balance remained essentially negative during the whole period under consideration." - UNCTAD Report on Development and Globalization Facts and Figures

Med_chinaship
photo source

Hidden Face of Globalization (2003)
discusses the effects of globalization and free trade on women in Bangladesh


Tags/Keywords

economic internationalization, transnational corporation, multinational corporation, corporate social responsibility, production chain, joint ventures, industrial cooperation agreements, licensing agreements, international subcontracting, "arm's length" transactions, national firms, state-owned enterprises, division of labor, geographical relocation, industrial environmental impacts, workers rights, employment, material goods, corporations redefined and limited, immigration, practical economics

Comments (1 - 1 of 1)

Login to Post a Comment.
Sm_avatar

PICTURE THIS GEOGRAPHY

 

During the period covering 1997-2005, there were 83 countries out 193 that showed an improved GDP when compared to themselves and also in relation to the rest of the world.  During this same period there were 101 countries out of 193 that had a GDP that got worse in relationship to the rest of the world.  There were 2 new countries and 7 others that showed no change in relative position when compared to the rest of the countries:

 

Countries   Continents       Average GDPs         Total GDPs              Percentages By Continent

 

        20         N. America              9985                       199,700                               11.008%

        15         S. America              6646                          99,690                                 5.495%

        53         Africa                        2673                       141,669                                 7.809%

        45         Europe                 20,031                        901,395                              49.688%

        46         Asia                          8210                        377,660                              20.817%

        14         S. Pacific                 6714                           93,996                                5.183%

    _____                                                                    __________                       __________

       193                                                                        1,814,110                            100.000%

 

As is seen, Europe contains nearly half of the existing production of goods and services.  Although currently, Asia only accounts for about 20% of the world's goods and services, the future looks very bright, because Asia contains more than 60% of the world's people--for production as well as consumption, as the following 2005 populations show:

 

     Continents              Populations                Population Percentage          % of earth's land

 

     Asia                        3,913,842,171                          60.669%                                  21.4%

     Africa                         891,437,541                          13.818%                                  20.6%

     Europe                      729,341,014                          11.305%                                  15.7%

     N.America                512,422,558                             7.943%                                  14.8%

     S.America                371,271,037                             5.755%                                  12.1%

     S.Pacific                     32,744,469                                .510%                                    5.8%

                                   ____________                         ________

                                    6,451,058,790                         100.000%

 

 

I hope this helps in your analysis! We clearly have the manpower and resources to get the job done.

Now all it will take is the willingness to cooperate with each other.  I was encouraged by the 2008 Summer Olympics in China--how about you? Best wishes for a blessed fall and winter, and keep looking up!

 

Mark Overt Skilbred

 

 

1 to 1 of 1 Comments