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GLOBAL TRADE, INVESTMENT AND THE ENVIRONMENT
Globalization is the process by which all peoples and communities come to experience an increasingly common economic, social and cultural environment. By definition, the process affects everybody throughout the world. A more integrated world community brings both benefits and problems for all; it affects the balance of economic, political and cultural power between nations, communities and individuals and it can both enhance and limit freedoms and human rights. It goes without saying that globalization has brought about many advantages to both the developed and the developing nations. The growth in trade between nations has contributed to lifting 3 billion people out of poverty over the past 50 years. Reducing tariff barriers, which makes it easier for nations to trade with each other, lifts the wealth of all nations by allowing them to concentrate on those where they have greatest expertise.
Details
| language |  | english |
| wordcount |  | 4179 (cca 11 pages) |
| contextual quality |  | N/A |
| language level |  | N/A |
| price |  | free |
| sources |  | 9 |
Table of contents
I. Introduction 1
II. Globalization and the Environment 5
III. The Globalization- Environment Debate 7
IV. Environmental Effects on Globalization 9
V. Proposed Solution to the Globalization-Environment Crisis 11
VI. Negative Consequences of Environmental Degradation on Organizations 14
Preview of the essay: GLOBAL TRADE, INVESTMENT AND THE ENVIRONMENT
GLOBAL TRADE, INVESTMENT AND THE ENVIRONMENT Introduction Globalization is a continuing process which, whilst advancing global technological development and communications, also has a negative impact on the balance of economic, political and cultural power between individuals, communities and the environment. o The process by which the whole world becomes a single market. This means that goods and services, capital, and labour are traded on a worldwide basis, and information and the results of research flow readily between countries. The rise of cheap sea transport and the telegram contributed to this process in the 19th century. Cheap air travel, the telephone, and the computer, together with the rising importance of multinational companies and general relaxation of controls on trade and international investment, continued the process in the 20th century. It is possible that the rise of the internet and the start which has been made on liberalizing international trade in services will continue this movement in the 21st century. The world has still a very long way to go, however, before its economy is fully globalised. In particular, international mobility of labour is tightly restricted and poor transport and communications ...
... resources and clients will lead to increased costs of operations and this will in turn lead to reduced profits.
e) The widespread loss of labour to environmentally related illnesses, migration in search of habitable regions, poverty and starvation of people.
Doctor Fred Foldyary puts it in a better way: “Human beings did not start out poor, hungry, needing development. Primal man had natural wealth from the bounty of nature. Only after humanity turned to agriculture and conquerors took the land did the brave hunter become a lowly peasant working for a wage pittance from dawn to dusk while the lord dined on wine and game hens under chandeliers. Only after the descent to serfdom does development beckon with the promise of increasing productivity.” Globalization is by all means a wonder of the 21st Century, one which we can live with…or perhaps without.
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Economics
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