Essay Positive And Negative Effects Of Globalization On Vietnam. positive and negative of globalization on Vietnam Today, there are increasing international brands set their factories in Vietnam such as Columbia Sportswear, L.L.Bean and Nike(Dang,2011).
Based on this analysis of both positive and negative effects, it has become evident that globalization is a complex process that has large-scale impacts on both developing and developed countries. The positive side of it has to do with the efficiencies and opportunities that open markets create. Companies can sell their products in distant.EXECUTIVE SUMMARY. This report deals with the positive and negative effects of globalization. When we’re talking about it, we mean the process of self-integration of countries due to an impact of intergovernmental organizations (IGOs) and non-governmental organizations (INGOs).Globalization brings with it both positive and negative effects. Positive effects of globalization. The gains from globalization are as a result of its effect on the flow of ideas, information, technologies, capital, finances, goods, services and people. The gains are normally triggered by cross border integrations resulting from globalization.
Many countries are taking advantage of globalization to stimulate their economic growth, create more jobs and improve social benefits. However, they are also suffering several negative effects of globalization: the disappearance of some traditional culture, the destruction of environment, and the disparities between rich and poor.
Effects of globalization on development Globalization has both negative effects and positive effects in terms of development. The positive effects include enrichment of the rich countries while on the other hand the poor countries continue being poor a factor that leads to slow pace in development. Globalization directly affects development.
Positive and Negative Effects of Globalization The unique process of globalization is transforming the world in a phenomenal way. The world has never seen the movement of people from one place to another on such a scale as at present (Nevin, 2006, p. 43).
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Globalization, as it relates to business, is the ability of consumers and businesses in different countries to more easily communicate, work together and buy from and sell to one another. Some people enjoy increased benefits from this ease of interaction, such as finding more access to goods and services. In other cases, globalization leads to.
However, globalization has some negative effects on culture. The critics of globalisation have argued that, as a process globalization has contributed to the erosion of cultural beliefs which have been upheld for many centuries. In fact globalization has been cited as a key contributing factor to cultural extinction of many cultures. This has led to insecurity, high crime rate and poor.
Effects of globalization have influenced a lot of change in countries all over the world. Positive and negative effects are taken into consideration. As much as people like to focus on the pros of globalization, it Is also important to note down the cons. Globalization may have strengthened the global economy, but the living standards of people.
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