SlideShare a Scribd company logo
1 of 4
Writer: Duong Kim Thanh Class: QH2013.F1.E11
WRITING ASSIGNMENT 2
(Version 2)
Topic: Disscus this topic: “Effects of Globalization”
Globalization refers to the virtual contraction of the world into a small place
where all countries are inter-related with each other. It became possible due to
immense progress and growth in information technology and ultimate influences
on means of communication and transportation. Globalization is a 19th century
phenomenon during which countries started to build economic, political and
business ties with each other. There were many causes of globalization, but major
reasons are attributed with improved and fast means of transportation around the
world. Moreover, increased controls and communication are possible through swift
and immediate connections via satellite services and internet. Thus, this paper
explores the phenomena of globalization and focuses predomaninantly on
economical and cultural analysis of it.
In this regard, every aspect of national and international affairs such as
political, economic and education system, international markets and trade has
changed. As a matter of fact, there is a big difference between economical and
cultural system of evaluation of this phenomena. Cultural analyses of
globlalization refers to identification a dominant logic of globalization, which
means from the cultural point of view, globalization represents a phenomena with a
complex set of causes; frequently it can include cultural, ideological, political and
social aspects. From the point of economical perspective, the analysis may be
completed concerning such aspects as possible impact of the level of global
production and exchange of commodities; it implies static and dynamic analysis of
economies state and influence of technologies on them.
Economy is a critical part of political systems and has undergone many
changes through globalization. Some notable features include labor dynamics,
economic models and international commodities. As soon as the means of
transportation was expanded through globalization, not only did the business grow
but mass migration of labor from poorand developing countries was also observed.
An influx of labor occurred in developed countries where markets were stronger
and opportunities for work were plenty (Stalker, 2000; O’Rourke & Williamson,
2002). This migration has provided better work opportunities and independence for
Writer: Duong Kim Thanh Class: QH2013.F1.E11
labors, and increased production of goods and services. However, it also brings
about the negative consequences including poor regulation of working conditions
for labor issue of minimum wages, child labor and equal wages for women. In this
context, the rise of labor unions and legislations which safeguard labor rights have
contributed towards creating flexible work environments for workers.
Regarding business and economic systems, globalized capitalist economic
models have been imitated in most of the countries to stay interconnected and
survive in global economic systems. Mode of production of commodities has also
been globalized when raw materials are purchased from one country and products
are manufactured in another country. As a result, marketing and supply chains of
commodities are complex and contain many states in the line of production and
supply (O’Rourke& Williamson, 2002).
There are multiple implications of globalized and integrated marketing
systems, such as those in the European Union and United States. Some aspects are
in the favor of governments and international governmental organization while
some other aspects pose negative impacts on small national markets and individual
businessmen. These include governmental partnerships on various food, utility and
consumer goods and services; consequently improved economies through export
and import earnings. During the times of economic growth through increased
businesses, local political economies in member countries of integrated economic
systems grow their exchange reserves, but there are severe instabilities when the
economic meltdown starts. For example, the 27 countries block in European Union
suffers together when the value of common currency moves down the spiral (Amin
& Thrift, 1995). Contrary to the economic gains for governments through political
partnerships, local industries and individual businessmen face an economic crisis
due to increased imports of cheap products or raw materials from other countries
(Pinilla & Ayuda, 2010). The local industries of raw materials and processing units
collapse when their prices are not competitive with the prices of imported goods.
The case study of booming markets for Chinese raw material and products across
Europe, America and Australia provides a relevant example here (Bridge, 2002;
Ronnback, 2009).
Taking to the account the impact of globalization in culture sphere,
there are both positive and negative effects have been experienced. Societies have
undergone cultural changes and individuals are adapting to a cosmopolitan culture.
In this regard, western culture has been considered to be quite invasive for other
cultures and notion of cultural imperialism has gained strength to explain the
propagation of American culture throughout the world (James, 2005). It has been
suggested that Hollywood movies and television productions are main reasons
Writer: Duong Kim Thanh Class: QH2013.F1.E11
behind American culture imperialism. There are individual level changes as well,
in which social institutions like marriage, family, child rearing practices and
lifestyles are absorbing foreign influences. Individuals and societies from
developing countries try to imitate cultures and lifestyles in developed countries,
eventually the traditions, values, social practices, gender roles and social classes
are undergoing swift changes (Tomlinson, 1991; Tomlinson, 2003). Except in
some indigenous societies, micro-cultures have evolved, leading to formation of
diverse societies in terms of social norms and cultural practices.
Prior globalization, there were heterogeneous societies separated by
geographical barriers and lack of means of transportation and these societies had
distinct cultural identities. The critics of cultural globalization argue that cultural
globalization has victimized cultural identities of different societies. The fast
changing times of today represents a transition state in which societies are turning
homogeneous (Meyer & Geschiere, 1999). In this regard, globalized capitalism is
pervasive which ultimately leads to the promotion of goods belonging to western
cultures all over the world. Despite this promotion and invasiveness of western
cultures, according to some cultural theorists, the cultural identities are
strengthened by the process of globalization. The emergence of diversity and
recognition of multi-ethnic groups internationally create tensions for governments
in some countries, but these tensions actually give way to more powerful images of
specific cultures and cultural norms. In addition to this, to endorse their cultural
identities in a globalized world, the members of these in-groups tend to practice
their cultural norms with greater spirits (Tomlinson, 1991; Tomlinson, 2003).
In conclusion, globalization has affected the economic and social
systems across the world and has both positive and negative implications. At one
hand, there are open cultures, better education systems, globalized economics,
integrated markets and complex international affairs in terms of political, economic
and security policies. While on the other hand, there are issues of labor rights,
minimum wages, cultural invasiveness and economic downturns due to integrated
economies. However, globalization is moving in parallel to the social progress
across the world.
Writer: Duong Kim Thanh Class: QH2013.F1.E11
REFERRENCES
1. Amin, A., & Thrift, N. (1995). Globalization, institutions, and regional
development in Europe. Oxford University Press.
2. Bridge, G. (2002). Grounding Globalization: The Prospects and Perils of
Linking Economic Processes of Globalization to Environmental Outcomes*.
Economic Geography, 78 (3), 361-386.
3. James, P. (2005). Arguing globalizations: Propositions towards an
investigation of global formation. Globalizations 2 (2), 193-209.
4. Meyer, B. E., & Geschiere, P. E. (1999). Globalization and identity:
Dialectics of flow and closure. Backwell Publishing.
5. O’Rourke, K. H., & Williamson, J. G. (2002). When did Globalization
begin? European Review of Economic History, 6 (1), 23-50.
6. Pinilla, V., & Ayuda, M. I. (2010). Taking advantage of globalization? Spain
and the building of international market in Mediterranean horticultural
products, 1850-1935. European Review of Economic History, 14 (2), 239-
274.
7. Ronnback, K. (2009). Integration of global commodity markets in the early
modern era. European Review of Economic History, 13 (1). 95-120.
8. Stalker, P. (2000). Workers without frontiers: the impact of globalization
and international migration. International Labour Organization.
9. Tomlinson, J. (1991). Cultural imperialism. John Wiley & Sons, Ltd.
10.Tomlinson, J. (2003). Globalization and cultural identity. The global
transformations reader, 2.

More Related Content

What's hot

Empirical review of globalization and nigerian economic performance
Empirical review of globalization and nigerian economic performanceEmpirical review of globalization and nigerian economic performance
Empirical review of globalization and nigerian economic performance
Alexander Decker
 
GLOBAL EDUCATION AND CURRENT TRENDS FROM SOCIAL-abstract for the paper
GLOBAL EDUCATION AND CURRENT TRENDS FROM SOCIAL-abstract for the paperGLOBAL EDUCATION AND CURRENT TRENDS FROM SOCIAL-abstract for the paper
GLOBAL EDUCATION AND CURRENT TRENDS FROM SOCIAL-abstract for the paper
amita marwaha
 
Globalisation slideshare
Globalisation slideshareGlobalisation slideshare
Globalisation slideshare
Kennedy Machete
 
IMPACT OF GLOBALIZATION AND INITIATION OF TRADE UNION WITH SPECIAL REFERENCE ...
IMPACT OF GLOBALIZATION AND INITIATION OF TRADE UNION WITH SPECIAL REFERENCE ...IMPACT OF GLOBALIZATION AND INITIATION OF TRADE UNION WITH SPECIAL REFERENCE ...
IMPACT OF GLOBALIZATION AND INITIATION OF TRADE UNION WITH SPECIAL REFERENCE ...
Keshav Prasad Bhattarai
 
3) Political Globalization p.62-63
3) Political Globalization   p.62-633) Political Globalization   p.62-63
3) Political Globalization p.62-63
Missws Choi
 
Globalization and its_socioal-_political-economic_and_cultural_impacts 2
Globalization and its_socioal-_political-economic_and_cultural_impacts 2Globalization and its_socioal-_political-economic_and_cultural_impacts 2
Globalization and its_socioal-_political-economic_and_cultural_impacts 2
Wild Cato
 
Globalization, Wealth and Poverty
Globalization, Wealth and PovertyGlobalization, Wealth and Poverty
Globalization, Wealth and Poverty
George. Laue
 

What's hot (20)

Empirical review of globalization and nigerian economic performance
Empirical review of globalization and nigerian economic performanceEmpirical review of globalization and nigerian economic performance
Empirical review of globalization and nigerian economic performance
 
GLOBAL EDUCATION AND CURRENT TRENDS FROM SOCIAL-abstract for the paper
GLOBAL EDUCATION AND CURRENT TRENDS FROM SOCIAL-abstract for the paperGLOBAL EDUCATION AND CURRENT TRENDS FROM SOCIAL-abstract for the paper
GLOBAL EDUCATION AND CURRENT TRENDS FROM SOCIAL-abstract for the paper
 
Globalization
GlobalizationGlobalization
Globalization
 
Globalisation slideshare
Globalisation slideshareGlobalisation slideshare
Globalisation slideshare
 
IMPACT OF GLOBALIZATION AND INITIATION OF TRADE UNION WITH SPECIAL REFERENCE ...
IMPACT OF GLOBALIZATION AND INITIATION OF TRADE UNION WITH SPECIAL REFERENCE ...IMPACT OF GLOBALIZATION AND INITIATION OF TRADE UNION WITH SPECIAL REFERENCE ...
IMPACT OF GLOBALIZATION AND INITIATION OF TRADE UNION WITH SPECIAL REFERENCE ...
 
Presentation on Globalization
Presentation on GlobalizationPresentation on Globalization
Presentation on Globalization
 
Globalization and Bangladesh
Globalization and BangladeshGlobalization and Bangladesh
Globalization and Bangladesh
 
3) Political Globalization p.62-63
3) Political Globalization   p.62-633) Political Globalization   p.62-63
3) Political Globalization p.62-63
 
Globalization
GlobalizationGlobalization
Globalization
 
Globalization and its impacts on the world economic development
Globalization and its impacts on the world economic developmentGlobalization and its impacts on the world economic development
Globalization and its impacts on the world economic development
 
Globalization and its_socioal-_political-economic_and_cultural_impacts 2
Globalization and its_socioal-_political-economic_and_cultural_impacts 2Globalization and its_socioal-_political-economic_and_cultural_impacts 2
Globalization and its_socioal-_political-economic_and_cultural_impacts 2
 
11.expatriate performance in the host country
11.expatriate performance in the host country11.expatriate performance in the host country
11.expatriate performance in the host country
 
Globalization, Wealth and Poverty
Globalization, Wealth and PovertyGlobalization, Wealth and Poverty
Globalization, Wealth and Poverty
 
The Impact of Globalization
The Impact of GlobalizationThe Impact of Globalization
The Impact of Globalization
 
Nature of globalization
Nature of globalizationNature of globalization
Nature of globalization
 
Globalization and poverty
Globalization and povertyGlobalization and poverty
Globalization and poverty
 
Globalisation
GlobalisationGlobalisation
Globalisation
 
Global politics, governance, and the globalization
Global politics, governance, and the globalization Global politics, governance, and the globalization
Global politics, governance, and the globalization
 
Globalization
GlobalizationGlobalization
Globalization
 
Trends, Network and Critical Thinking Unit 3 Global Networks Labor and Migration
Trends, Network and Critical Thinking Unit 3 Global Networks Labor and MigrationTrends, Network and Critical Thinking Unit 3 Global Networks Labor and Migration
Trends, Network and Critical Thinking Unit 3 Global Networks Labor and Migration
 

Viewers also liked

Michael Graf’x Photography
Michael Graf’x PhotographyMichael Graf’x Photography
Michael Graf’x Photography
Justin Gahring
 
El mejor concierto de la historia.pptx alejandro osvaldo patrizio
El mejor concierto de la historia.pptx alejandro osvaldo patrizioEl mejor concierto de la historia.pptx alejandro osvaldo patrizio
El mejor concierto de la historia.pptx alejandro osvaldo patrizio
OSCARPATRIZIO
 
Dynamic asset allocation under regime switching: an in-sample and out-of-samp...
Dynamic asset allocation under regime switching: an in-sample and out-of-samp...Dynamic asset allocation under regime switching: an in-sample and out-of-samp...
Dynamic asset allocation under regime switching: an in-sample and out-of-samp...
Andrea Bartolucci
 

Viewers also liked (13)

MagikBox Media - Advertising | Branding | Design
MagikBox Media - Advertising | Branding | Design MagikBox Media - Advertising | Branding | Design
MagikBox Media - Advertising | Branding | Design
 
Michael Graf’x Photography
Michael Graf’x PhotographyMichael Graf’x Photography
Michael Graf’x Photography
 
30.07.2015 vodafone power talks ver02
30.07.2015 vodafone power talks ver0230.07.2015 vodafone power talks ver02
30.07.2015 vodafone power talks ver02
 
Be careful
Be carefulBe careful
Be careful
 
30085
3008530085
30085
 
Trade show 2012
Trade show 2012 Trade show 2012
Trade show 2012
 
El mejor concierto de la historia.pptx alejandro osvaldo patrizio
El mejor concierto de la historia.pptx alejandro osvaldo patrizioEl mejor concierto de la historia.pptx alejandro osvaldo patrizio
El mejor concierto de la historia.pptx alejandro osvaldo patrizio
 
Dynamic asset allocation under regime switching: an in-sample and out-of-samp...
Dynamic asset allocation under regime switching: an in-sample and out-of-samp...Dynamic asset allocation under regime switching: an in-sample and out-of-samp...
Dynamic asset allocation under regime switching: an in-sample and out-of-samp...
 
A step towards achieving Pupil-Teacher Ratio through ICT
A step towards achieving Pupil-Teacher Ratio through ICT A step towards achieving Pupil-Teacher Ratio through ICT
A step towards achieving Pupil-Teacher Ratio through ICT
 
Doc3
Doc3Doc3
Doc3
 
Flagship of ICT in Universalization of School Education
Flagship of ICT in Universalization of School EducationFlagship of ICT in Universalization of School Education
Flagship of ICT in Universalization of School Education
 
Η απεικόνιση του θεού σε άλλες θρησκευτικές παραδόσεις (ΒΘ ΙΙΙ)
Η απεικόνιση του θεού σε άλλες θρησκευτικές παραδόσεις (ΒΘ ΙΙΙ)Η απεικόνιση του θεού σε άλλες θρησκευτικές παραδόσεις (ΒΘ ΙΙΙ)
Η απεικόνιση του θεού σε άλλες θρησκευτικές παραδόσεις (ΒΘ ΙΙΙ)
 
Μπορούν οι άνθρωποι να απεικονίζουν το Θεό; (ΘΕ 1)
Μπορούν οι άνθρωποι να απεικονίζουν το Θεό; (ΘΕ 1) Μπορούν οι άνθρωποι να απεικονίζουν το Θεό; (ΘΕ 1)
Μπορούν οι άνθρωποι να απεικονίζουν το Θεό; (ΘΕ 1)
 

Similar to Version 2

Disadvantages Of Economic Globalization
Disadvantages Of Economic GlobalizationDisadvantages Of Economic Globalization
Disadvantages Of Economic Globalization
Beth Johnson
 
Introduction To Globalization
Introduction To GlobalizationIntroduction To Globalization
Introduction To Globalization
bobjohan
 
Globalization and cultural identity
Globalization and cultural identityGlobalization and cultural identity
Globalization and cultural identity
Fernando Alcoforado
 
PA 315Government Business RelationsChapter 111.docx
PA 315Government Business RelationsChapter 111.docxPA 315Government Business RelationsChapter 111.docx
PA 315Government Business RelationsChapter 111.docx
smile790243
 
PA 315Government Business RelationsChapter 111.docx
PA 315Government Business RelationsChapter 111.docxPA 315Government Business RelationsChapter 111.docx
PA 315Government Business RelationsChapter 111.docx
honey690131
 
PA 315Government Business RelationsChapter 111.docx
PA 315Government Business RelationsChapter 111.docxPA 315Government Business RelationsChapter 111.docx
PA 315Government Business RelationsChapter 111.docx
aman341480
 
PA 315Government Business RelationsChapter 111.docx
PA 315Government Business RelationsChapter 111.docxPA 315Government Business RelationsChapter 111.docx
PA 315Government Business RelationsChapter 111.docx
karlhennesey
 

Similar to Version 2 (20)

Global education and current trends from social abstract for the paper
Global education and current trends from social abstract for the paperGlobal education and current trends from social abstract for the paper
Global education and current trends from social abstract for the paper
 
Disadvantages Of Economic Globalization
Disadvantages Of Economic GlobalizationDisadvantages Of Economic Globalization
Disadvantages Of Economic Globalization
 
Globalization, its essence, causes and consequences
Globalization, its essence, causes and consequencesGlobalization, its essence, causes and consequences
Globalization, its essence, causes and consequences
 
Sample
SampleSample
Sample
 
What is Globalization.pdf
What is Globalization.pdfWhat is Globalization.pdf
What is Globalization.pdf
 
Is there need for a new Global Order?
Is there need for a new Global Order?Is there need for a new Global Order?
Is there need for a new Global Order?
 
Introduction To Globalization
Introduction To GlobalizationIntroduction To Globalization
Introduction To Globalization
 
Impact of Globalisation.pptx
Impact of Globalisation.pptxImpact of Globalisation.pptx
Impact of Globalisation.pptx
 
Globalization and its impacts on the world economics development by akram ch
Globalization and its impacts on the world economics development by akram chGlobalization and its impacts on the world economics development by akram ch
Globalization and its impacts on the world economics development by akram ch
 
A Critical Analysis Of The Transformationalist View Of Globalisation
A Critical Analysis Of The Transformationalist View Of GlobalisationA Critical Analysis Of The Transformationalist View Of Globalisation
A Critical Analysis Of The Transformationalist View Of Globalisation
 
Globalization and cultural identity
Globalization and cultural identityGlobalization and cultural identity
Globalization and cultural identity
 
Port folio in the contemporary world
Port folio in the contemporary worldPort folio in the contemporary world
Port folio in the contemporary world
 
PA 315Government Business RelationsChapter 111.docx
PA 315Government Business RelationsChapter 111.docxPA 315Government Business RelationsChapter 111.docx
PA 315Government Business RelationsChapter 111.docx
 
PA 315Government Business RelationsChapter 111.docx
PA 315Government Business RelationsChapter 111.docxPA 315Government Business RelationsChapter 111.docx
PA 315Government Business RelationsChapter 111.docx
 
PA 315Government Business RelationsChapter 111.docx
PA 315Government Business RelationsChapter 111.docxPA 315Government Business RelationsChapter 111.docx
PA 315Government Business RelationsChapter 111.docx
 
PA 315Government Business RelationsChapter 111.docx
PA 315Government Business RelationsChapter 111.docxPA 315Government Business RelationsChapter 111.docx
PA 315Government Business RelationsChapter 111.docx
 
A Term Paper On GLOBALIZATION AND ECONOMIC DEVELOPMENT IN NIGERIA By UMAR AHM...
A Term Paper On GLOBALIZATION AND ECONOMIC DEVELOPMENT IN NIGERIA By UMAR AHM...A Term Paper On GLOBALIZATION AND ECONOMIC DEVELOPMENT IN NIGERIA By UMAR AHM...
A Term Paper On GLOBALIZATION AND ECONOMIC DEVELOPMENT IN NIGERIA By UMAR AHM...
 
globalisation
globalisationglobalisation
globalisation
 
Cultural convergence
Cultural convergenceCultural convergence
Cultural convergence
 
GE3_FORUM #5.docx
GE3_FORUM #5.docxGE3_FORUM #5.docx
GE3_FORUM #5.docx
 

Version 2

  • 1. Writer: Duong Kim Thanh Class: QH2013.F1.E11 WRITING ASSIGNMENT 2 (Version 2) Topic: Disscus this topic: “Effects of Globalization” Globalization refers to the virtual contraction of the world into a small place where all countries are inter-related with each other. It became possible due to immense progress and growth in information technology and ultimate influences on means of communication and transportation. Globalization is a 19th century phenomenon during which countries started to build economic, political and business ties with each other. There were many causes of globalization, but major reasons are attributed with improved and fast means of transportation around the world. Moreover, increased controls and communication are possible through swift and immediate connections via satellite services and internet. Thus, this paper explores the phenomena of globalization and focuses predomaninantly on economical and cultural analysis of it. In this regard, every aspect of national and international affairs such as political, economic and education system, international markets and trade has changed. As a matter of fact, there is a big difference between economical and cultural system of evaluation of this phenomena. Cultural analyses of globlalization refers to identification a dominant logic of globalization, which means from the cultural point of view, globalization represents a phenomena with a complex set of causes; frequently it can include cultural, ideological, political and social aspects. From the point of economical perspective, the analysis may be completed concerning such aspects as possible impact of the level of global production and exchange of commodities; it implies static and dynamic analysis of economies state and influence of technologies on them. Economy is a critical part of political systems and has undergone many changes through globalization. Some notable features include labor dynamics, economic models and international commodities. As soon as the means of transportation was expanded through globalization, not only did the business grow but mass migration of labor from poorand developing countries was also observed. An influx of labor occurred in developed countries where markets were stronger and opportunities for work were plenty (Stalker, 2000; O’Rourke & Williamson, 2002). This migration has provided better work opportunities and independence for
  • 2. Writer: Duong Kim Thanh Class: QH2013.F1.E11 labors, and increased production of goods and services. However, it also brings about the negative consequences including poor regulation of working conditions for labor issue of minimum wages, child labor and equal wages for women. In this context, the rise of labor unions and legislations which safeguard labor rights have contributed towards creating flexible work environments for workers. Regarding business and economic systems, globalized capitalist economic models have been imitated in most of the countries to stay interconnected and survive in global economic systems. Mode of production of commodities has also been globalized when raw materials are purchased from one country and products are manufactured in another country. As a result, marketing and supply chains of commodities are complex and contain many states in the line of production and supply (O’Rourke& Williamson, 2002). There are multiple implications of globalized and integrated marketing systems, such as those in the European Union and United States. Some aspects are in the favor of governments and international governmental organization while some other aspects pose negative impacts on small national markets and individual businessmen. These include governmental partnerships on various food, utility and consumer goods and services; consequently improved economies through export and import earnings. During the times of economic growth through increased businesses, local political economies in member countries of integrated economic systems grow their exchange reserves, but there are severe instabilities when the economic meltdown starts. For example, the 27 countries block in European Union suffers together when the value of common currency moves down the spiral (Amin & Thrift, 1995). Contrary to the economic gains for governments through political partnerships, local industries and individual businessmen face an economic crisis due to increased imports of cheap products or raw materials from other countries (Pinilla & Ayuda, 2010). The local industries of raw materials and processing units collapse when their prices are not competitive with the prices of imported goods. The case study of booming markets for Chinese raw material and products across Europe, America and Australia provides a relevant example here (Bridge, 2002; Ronnback, 2009). Taking to the account the impact of globalization in culture sphere, there are both positive and negative effects have been experienced. Societies have undergone cultural changes and individuals are adapting to a cosmopolitan culture. In this regard, western culture has been considered to be quite invasive for other cultures and notion of cultural imperialism has gained strength to explain the propagation of American culture throughout the world (James, 2005). It has been suggested that Hollywood movies and television productions are main reasons
  • 3. Writer: Duong Kim Thanh Class: QH2013.F1.E11 behind American culture imperialism. There are individual level changes as well, in which social institutions like marriage, family, child rearing practices and lifestyles are absorbing foreign influences. Individuals and societies from developing countries try to imitate cultures and lifestyles in developed countries, eventually the traditions, values, social practices, gender roles and social classes are undergoing swift changes (Tomlinson, 1991; Tomlinson, 2003). Except in some indigenous societies, micro-cultures have evolved, leading to formation of diverse societies in terms of social norms and cultural practices. Prior globalization, there were heterogeneous societies separated by geographical barriers and lack of means of transportation and these societies had distinct cultural identities. The critics of cultural globalization argue that cultural globalization has victimized cultural identities of different societies. The fast changing times of today represents a transition state in which societies are turning homogeneous (Meyer & Geschiere, 1999). In this regard, globalized capitalism is pervasive which ultimately leads to the promotion of goods belonging to western cultures all over the world. Despite this promotion and invasiveness of western cultures, according to some cultural theorists, the cultural identities are strengthened by the process of globalization. The emergence of diversity and recognition of multi-ethnic groups internationally create tensions for governments in some countries, but these tensions actually give way to more powerful images of specific cultures and cultural norms. In addition to this, to endorse their cultural identities in a globalized world, the members of these in-groups tend to practice their cultural norms with greater spirits (Tomlinson, 1991; Tomlinson, 2003). In conclusion, globalization has affected the economic and social systems across the world and has both positive and negative implications. At one hand, there are open cultures, better education systems, globalized economics, integrated markets and complex international affairs in terms of political, economic and security policies. While on the other hand, there are issues of labor rights, minimum wages, cultural invasiveness and economic downturns due to integrated economies. However, globalization is moving in parallel to the social progress across the world.
  • 4. Writer: Duong Kim Thanh Class: QH2013.F1.E11 REFERRENCES 1. Amin, A., & Thrift, N. (1995). Globalization, institutions, and regional development in Europe. Oxford University Press. 2. Bridge, G. (2002). Grounding Globalization: The Prospects and Perils of Linking Economic Processes of Globalization to Environmental Outcomes*. Economic Geography, 78 (3), 361-386. 3. James, P. (2005). Arguing globalizations: Propositions towards an investigation of global formation. Globalizations 2 (2), 193-209. 4. Meyer, B. E., & Geschiere, P. E. (1999). Globalization and identity: Dialectics of flow and closure. Backwell Publishing. 5. O’Rourke, K. H., & Williamson, J. G. (2002). When did Globalization begin? European Review of Economic History, 6 (1), 23-50. 6. Pinilla, V., & Ayuda, M. I. (2010). Taking advantage of globalization? Spain and the building of international market in Mediterranean horticultural products, 1850-1935. European Review of Economic History, 14 (2), 239- 274. 7. Ronnback, K. (2009). Integration of global commodity markets in the early modern era. European Review of Economic History, 13 (1). 95-120. 8. Stalker, P. (2000). Workers without frontiers: the impact of globalization and international migration. International Labour Organization. 9. Tomlinson, J. (1991). Cultural imperialism. John Wiley & Sons, Ltd. 10.Tomlinson, J. (2003). Globalization and cultural identity. The global transformations reader, 2.