Globalization and Its Impact on Developing Countries
Globalization allows the countries businesses and organizations to have influences on the international market. It is important for countries to embrace globalization for so their businesses can be allowed to operate on a global scale. Developing countries grapple gaining international recognition based on the fact that their companies seem not to have the standards required for them to suit in the globalization level. Globalization impacts heavily on the developing countries in the fields of trade and economics, culture, and also education as well as health systems (Kotilainen and Kaitila, 2004). Being the process of global economy, cultural, and political integration, globalization has reduced the world into a small village by breaking borders between countries. The second half of the 20th century is regarded as the one saw a lot of border hindrances limiting economic activities to the due expansion of trade and communication technology in this era. Globalization plays a crucial role in third world countries.
Globalization comes with various advantages including the development of technology, industrial processes, and influences politically, improvement of health sectors, and also social and natural factor. Globalization has most of the benefits in our day to day life, and it has created many new opportunities in the developing countries (Goldberg and Pavcnik, 2007). The benefits of globalization to the developing countries include but not limited to: technology transfers, makes it easy for developing countries to access to access the market, globalization also improves the living standards of citizens of the developing countries as well as the country productivity (Streeten, Burki, Haq, Hicks and Stewart, 2004). Apart from the advantages mentioned above and benefits that come with globalization, the phenomenon also impacts negatively to the developing countries. Some of the disadvantages of globalization faced by developing countries include: globalization has come with new challenges like uncertainty in the financial and commercial markets, environmental degradation, and the upsurge of inequities within and across countries. The purpose of this paper is to identify and evaluate the impact of globalization on developing countries.
The role of globalization in third world nations is to help them expand their global interaction so they can grow economically and solve the poverty problems back at home. Before globalization took root, developing countries found it difficult to tap into the economy of the world as trade barriers were the order of the day. Developing countries, therefore, were hindered by these obstacles and so they could not share similar economic growth with developed countries. In the present world, the World Bank has taken advantage of globalization, and it now encourages third world nations to pass through market reforms and thorough changes by loaning them (Prasad, Rogoff, Wei and Kose, 2005). When globalization came into being in the second half of the 20th century, developing countries took a step of opening their markets by freeing their economies and removing tariffs. Globalization allows developing countries to invest in developing countries. As a result, job opportunities for the poor people are created.
The growth in communication between individuals and companies or say organizations has been greatly enhanced by globalization. Communication growth helps in promoting free trade between developed and developing countries leading to economic growth. It had never been easy for countries to trade freely in the global arena but globalization has ensured that happens and that people from developing countries as well as those from developed countries should enjoy exchanging goods and services in the whole world just like they could do in their villages back home (Narula and Dunning, 2000). Globalization also enhances communication so as to enable global information sharing. It is of keen interest to point out that when communication is improved, then free trade 2will highly be encouraged between countries meaning that the global economy will grow by the globalization standards.
Advantages and Disadvantages of Globalization in Developing Countries
Economic globalization helps industries in the developing nations to access a broad global market as trade barriers are done away with. Companies and organizations in developing countries therefore, develop new technologies which see them in producing new products and services. This means that the developing nations reduce their dependence on the developed countries as their industries are empowered to generate products similar to those created by developed countries. New technologies that come with globalization also improve the living standards of people in the developing countries (Thirlwall, 2003). People can access to the best products generated by local industries and this boost their immunity hence improved living standards.
The relationship between developed and developing countries has been made, and now countries depend on each other for economic development. This creates a good rapport between nations killing all barriers that might hinder trade and hence economic development. Developing countries require technology and developed nations need raw materials and a market for their industrial goods. Because of this, countries appreciate the necessity of globalization that makes dependability even more heightened. Globalization has enabled people and goods to be transported easily across countries making it easy to increase free trade (Buckley and Ghauri, 2004) The war possibility between developed and developing nations has also decreased. Thanks to globalization. Globalization has also led to direct foreign investment by erasing traditions and bad habits
However, globalization disadvantage developing countries as it create classes between nations and so the countries benefit unequally from globalization as the upper class gets richer and the lower class continues to be poor. Some developing countries pick up the advantages of globalization and grow faster than others. The countries which not grow at the pace of globalization are left weak, and so they continue depending on developed countries. Globalization also allows developed countries to build industries and companies in the developing countries taking advantage of low wages (Dau-Schmidt, 2009). Setting up of industries in the developing countries by developed countries cause pollution that has inadequate pollution regulations, and this creates a mess. Also when industries are set in the developing nations by the developed country's impact negatively on the economy of the developing countries, and it also leads to unemployment. Companies and organizations in developing nations therefore, develop new technologies which see them in producing new products and services. This means that the developing countries reduce their dependence on the developed nations as their industries are empowered to generate products similar to those created by developed nations
Globalization has both positive and adverse effects on the culture of the developing countries. Through globalization, several cultures of developing countries have been changed as these countries have opted on imitating cultures of developed countries like Europe, and America. Before globalization, the cultures of other nations were difficult to be known, and so nations remained faithful to their cultures (World Commission on the Social Dimension of Globalization, 2004). Globalization with its tools like radios, television, the Internet, and satellites has enabled people to be aware of what happens in different countries. Individuals in the whole world can also know each other better due to globalization. Watching Hollywood movies by American stars enable other nations to identify the culture of America and perhaps imitate what please them. Youths from developing nations have been impacted by globalization and have substantially collaborated to make the world a small village where ideas are shared to enhance the developing countries' culture. Language has also improved due to globalization, and the curricular activities of emerging nations have gone international.
Role of Globalization in Economic Development
Globalization has to a large extent changed the eating habits of individuals in the developing nations. The culture of eating stuff such as pizza in great restaurants was of the whites, but it has now spread to developing countries because of globalizing. The dressing code in developing country has been aping that of the developed nations as a result of globalization which brought the dressing culture near to third world nations (Castles and Davidson, 2000). It is not surprising to meet young people in the developing nations wearing Adidas footwear as well as Nike T-shirts that are also worn in the developed nations or playing hip-hop music that was only being played in the advanced nations like America way back before globalization.
Studies on globalization have identified a new class of individuals that are highly educated and trained to handle any job requiring their skill and that these people have formed a common culture. The cultures of educated people are determined to transform the worlds so that problems afflicting humanity may be curbed. Globalization helps to avail the educated society with the necessary materials for study and hence solve the paradox that has been impacting humanity from time immemorial (Gundlach and Nunnenkamp, 2006). Before globalization, it was difficult for less developed nations to educate their people. After globalization and even today, the culture of educated Individuals from developed nations is mixed with that of the less developed countries. This strengthens arts enabling easy solving of problems.
It is also important to point out that globalization encourages more traveling and global touring. It is well said that man is a free individual and since the beginning of the world, he has been traveling to explore different places in the world. However, globalization has made traveling easy, and people can now move and mix the world freely over. The traveling encourages intermarriages between nations which result in hybrid vigor due to DNA exchanges. Healthy individuals are born as a result of intermarriages making them more resistant to various diseases and environmental effects which may otherwise harm them if their immunity is weak.
Language has not been left out on this matter. Globalization has encouraged migration and settlement of individuals of both developing and developed nations. When people interact, they learn to different languages, and this boosts their communication. There are many benefits that emanate from word knowing, one of them is that it built a stable society where information can be passed on without struggle and this makes it easy to run the world just the small village could be managed.
Globalization has got a lot of advantages when it comes to the culture in the developing nations, but this cannot make us rule out that globalization's has impacted negatively on the culture of developing countries. Many developing countries are very much worried about the mushrooming of globalization; explain that it might have an adverse impact on their cultures by destroying. According to these developing nations, globalization might make them lack the identity of their languages as well as customs (Held, McGrew, Goldblatt and Perraton, 2000). Globalization has impacted negatively on the cultures of developing countries like Syria, Iraq, and African countries. Studies show that the aforementioned developing countries traditions and customs have substantially been changed due to globalization.
Impact of Globalization on Culture in Developing Nations
Regarding clothing, people in developing countries were used to their traditional regalia, but globalization has come with modern fashions forcing the developing nations to wear just like it is done in the developed countries. Behaviour is also a fundamental aspect of any society that has been observed in both developed and developing nations. It has been a requirement for people to behave based on their customs and traditions. However, globalization has mixed thing up and down, and so individuals in the developing nations have learned to behave same with the developed country's people leaving their culture behind.
Globalization has an adverse impact on the language used by people in developing nations. Since the beginning of globalization, many individuals in the developing countries use French and English, the languages that have led to disappearing of certain words and phrases in local languages. The use of freight languages also has a negative impact especially to the old members of the societies in developing nations who cannot construct a sentence in the foreign languages. As a result, information passes them making them irrelevant to corporations (Held, McGrew, Goldblatt, and Perraton, 2000) Another reason that makes globalization to be viewed as that which has impacted negatively on the culture of developing nation is the fact that it has brought numerous challenges to the families. Globalization requires that when young members of the society reach the age of 18 years, they have an obligation to leave their families and establish their settlements. This makes the extended family even smaller that it was before globalization. The class is another factor which makes globalization dangerous to developing nations. People are categorized into classes, the poor remain poorer, and the rich becomes even richer as permitted by classes created by globalization (Braczyk, Cooke and Heidenreich, 2008).
Globalization has impacted heavily on the health and education systems of developing countries. In recent years, education in developing countries has considerably increased based on the fact that globalization gives birth to jobs that need a bit high skills. Individuals in developing nations are encouraged by globalization to acquire higher education so as to meet the required skills demanded by jobs created by globalization. For any nation to improve on its growth, teaching and health should be paramount as economic growth base so much on the teaching and health systems of the particular country. The life expectancy and the living standards of the developing nations have increased due to economic growth that is as a result of globalization. A Recent study revealed that the illiteracy in developing countries had gone down as these countries are now in a position to fund their education systems based on increased economic growth that has come with globalization (Rudra, 2002). Globalization has also enabled doctors and nurses in developing nations to discover a lot of diseases spread by animals, humans, and birds. The discovery of conditions also comes with ways of fighting them.
Education is the chief concern in every nation as it serves to prepare young individuals for the future in this globalized world. Countries, therefore, spend a lot of money in the education sector based on the fact that it carries the future of any nation to the next level. Globalization impacts on the school policy of any country and bring in the advantages that these countries may reap should their education systems be well enhanced. Globalization regards education as a transnational commodity and so it (globalization), play important roles in investing in peoples knowledge and skills. It is now widely recognized that the education policy is not a national afire but an international one and so nations are not allowed to carry on school without consulting other nations. The policy on education is currently globalized as the economy of both developing and developed nations dominate the world.
Changing Eating Habits in Developing Nations
Developing nations can only contribute and gain from globalization if they are taught skills, knowledge, and rights required by them to carry on their basic occupation. People in developing and even developed countries need employment, a health environment, and incomes as basic conditions which can make them take part in local, national, and world opportunities (Lukas, 2003). The goals mentioned above can only be reached if countries set aside resources for education, environment, and fundamental wants, and come up with a framework to make sure access to opportunities is enhanced. Globalizations ensures developing nations are investing in education as by so doing; they strand a chance to compete favorably with the developed world.
Globalization however, has had some disadvantages on the education and health systems of the developing countries including the development of new diseases. There are great movements between countries as allowed by globalization and this leads to people developing dangerous diseases like HIV/AID and other communicable diseases that come as a result of people mingling with each other (Stilwell et al., 2004). Globalization has also brought up a competition that has influenced skilled workers and educated individuals to shift to developed countries leading to lower skilled labor in developing nations.
It should be noticed that in the health systems, technology is expanding at a greater rate. The developing country health authorities are called for, so they strengthen their framework to enable the national health systems to gain from globalization regarding quality and equality (Mc Ginn, 2016). Globalization provides equal measures to all the developing nation health systems to match those of the already developed nations. Regulations are set in by globalizations to ensure the health systems cooperate and that also ides are shared across the globe to enable safeguard human life.
Globalization has made almost all developing countries on the glob to improve both in an economy, education and health systems. Developing countries like China, India, Jordan, Lebanon, and African countries have been touched by globalization, and whether positively or negatively, globalization has influenced the growth and expansion of these countries' economies. Globalization has led to direct foreign investment by erasing traditions and bad habits. The disadvantages of globalization witnessed by developing countries are that globalization has led to increasing in drug abuse and also spread of deadly diseases (Stiglitz, 2007). Globalization has, whether with these setbacks, helped many developing nations to increase on their education as well as economic expansion. Because of globalization, people in both developing and developed countries have gained opportunities to trade in a variety of goods making this era branded as the golden for commerce, business, and commerce.
Globalization has ensured quality education is availed to all citizens in the developing countries. It should be well understood that education is seen as an essential part of the rights of humans. It is for this reasons that globalization encourages nations to make sure education is free and obligatory regarding the basic, primary needs. Globalization has ensured vocational as well as technological teaching is widely availed to citizens of developing countries (Woodward, D., Drager, Beaglehole, and Lipson, 2001). Access to higher education should be obtained by all citizens, equally based on their merits. It is clear that education serves as a driving force behind the development of cultures as well as the growth of economies. Developing countries therefore are pressured by globalization to apply primary education and also to invest in quality teaching so as to be in the position to measure globalization impacts on the society. The impact of globalization in developing countries is witnessed in sectors like health and education. Globalization lowers demographic growth of developing nations. Globalization by improving healthcare standards of developing nations also help in reducing the mortality rates in children as well as increasing peoples' life expectancy in developing countries (Frenk et al., 2019). Globalization gives nations education empowerment making people be aware of their rights as state citizens. This therefore, makes citizens participate in active management and construction of the whole country.
Braczyk, H.J., Cooke, P.N. and Heidenreich, M., 2008. Regional innovation systems: the role of governances in a globalized world. Psychology Press.
Buckley, P.J. and Ghauri, P.N., 2004. Globalization, economic geography and the strategy of multinational enterprises. Journal of International Business Studies, 35(2), pp.81-98.
Castles, S. and Davidson, A., 2000. Citizenship and migration: Globalization and the politics of belonging. Psychology Press.
Dau-Schmidt, K.G., 2009. Dividing the surplus: will globalization give women a larger or smaller share of the benefits of cooperative production. Ind. J. Global Legal Stud., 4, p.51.
Frenk, J., Chen, L., Bhutta, Z.A., Cohen, J., Crisp, N., Evans, T., Fineberg, H., Garcia, P., Ke, Y., Kelley, P. and Kistnasamy, B., 2010. Health professionals for a new century: transforming education to strengthen health systems in an interdependent world. The lancet, 376(9756), pp.1923-1958.
Goldberg, P.K., and Pavcnik, N., 2007. Distributional effects of globalization in developing countries. Journal of Economic Literature, 45(1), pp.39-82.
Gundlach, E. and Nunnenkamp, P., 2006. Some consequences of globalization for developing countries.
Held, D., McGrew, A., Goldblatt, D. and Perraton, J., 2000. Global Transformations: Politics, economics, and culture. In Politics at the Edge (pp. 14-28). Palgrave Macmillan UK.
Kotilainen, M. and Kaitila, V., 2004. Economic Globalization in Developing Countries. The Journal of Economic in Developing Countries, p.70.
Lukas, A., 2003. Globalization and developing countries. Globalization and the Poor: Exploitation Or Equalizer?, p.88.
Mc Ginn, N.F., 2016. Education, democratization, and globalization: A challenge for comparative education. Comparative Education Review, 40(4), pp.341-357.
Narula, R. and Dunning, J.H., 2000. Industrial development, globalization and multinational enterprises: new realities for developing countries. Oxford development studies, 28(2), pp.141-167.
Prasad, E., Rogoff, K., Wei, S.J. and Kose, M.A., 2005. Effects of financial globalization on developing countries: some empirical evidence. In India’s and China’s Recent Experience with Reform and Growth (pp. 201-228). Palgrave Macmillan UK.
Rudra, N., 2002. Globalization and the decline of the welfare state in less-developed countries. International Organization, 56(02), pp.411-445.
Stiglitz, J.E., 2007. Making globalization work. WW Norton & Company.
Stilwell, B., Diallo, K., Zurn, P., Vujicic, M., Adams, O. and Dal Poz, M., 2004. Migration of health-care workers from developing countries: strategic approaches to its management. Bulletin of the World health Organization, 82(8), pp.595-600.
Streeten, P., Burki, S.J., Haq, U., Hicks, N. and Stewart, F., 2004. First things first: meeting basic human needs in the developing countries. Available: https://www.worldbank.org/unite Nations (August 28, 2011)
Thirlwall, A.P., 2003. Growth and development: with special reference to developing economies. Springer.
Woodward, D., Drager, N., Beaglehole, R. and Lipson, D., 2001. Globalization and health: a framework for analysis and action. Bulletin of the World Health Organization, 79(9), pp.875-881.
World Commission on the Social Dimension of Globalization, 2004. A fair globalization: creating opportunities for all. International Labour Organization.
To export a reference to this article please select a referencing stye below:
My Assignment Help. (2022). The Essay On Globalization's Impact On Economic And Cultural Development In Developing Countries.. Retrieved from https://myassignmenthelp.com/free-samples/bb101-business-communications/impact-of-globalization-on-economic-file-A84880.html.
"The Essay On Globalization's Impact On Economic And Cultural Development In Developing Countries.." My Assignment Help, 2022, https://myassignmenthelp.com/free-samples/bb101-business-communications/impact-of-globalization-on-economic-file-A84880.html.
My Assignment Help (2022) The Essay On Globalization's Impact On Economic And Cultural Development In Developing Countries. [Online]. Available from: https://myassignmenthelp.com/free-samples/bb101-business-communications/impact-of-globalization-on-economic-file-A84880.html
[Accessed 09 December 2024].
My Assignment Help. 'The Essay On Globalization's Impact On Economic And Cultural Development In Developing Countries.' (My Assignment Help, 2022) <https://myassignmenthelp.com/free-samples/bb101-business-communications/impact-of-globalization-on-economic-file-A84880.html> accessed 09 December 2024.
My Assignment Help. The Essay On Globalization's Impact On Economic And Cultural Development In Developing Countries. [Internet]. My Assignment Help. 2022 [cited 09 December 2024]. Available from: https://myassignmenthelp.com/free-samples/bb101-business-communications/impact-of-globalization-on-economic-file-A84880.html.