English globalization good and bad

Communication for the globalised age The world is becoming increasingly more and more globalised. Countries are more interdependent than ever and with the advances that we have seen in technology in the last few decades, communication is instantaneous. For us to be able to effectively communicate, especially within fields such as international trade and economics, as well as diplomacy, a common working language is key.

English globalization good and bad

Yet, despite much research and commentary, vital dimensions remain poorly understood. Recent decades of globalization have created a more interconnected, interdependent and complex world than ever witnessed before. The biggest challenge for politicians and policy makers is the need to balance the enormous benefits that global openness and connectivity brings with national politics and priorities.

It also is a major concern for citizens, who are torn between the benefits of imported goods and services, and their worries about local jobs, the dangers associated with illicit flows, and other implications of more open borders.

These concerns are universal and effect all societies. The benefits of global integration have been associated with unprecedented leaps in human development indicators. Technological innovation has accelerated integration both virtually, through the development of fiber optics, the internet and mobile telephony, as well as physically with vast improvements in transport and infrastructure.

The spread of people, ideas, trade and the inspiring education revolution has and will continue to offer enormous potential for poverty alleviation and economic opportunity. Yet the downside to globalization is that of increased inequality between and within countries.

English globalization good and bad

Little is understood about the risks associated with large-scale system interdependencies. Well beyond purely the financial arena, new systemic risks loom large in areas such as climate change, water and food insecurity, pandemics, resource scarcity, antibiotic resistance, bioterrorism, cybersecurity and supply chain vulnerability.

The fragility of the system as a result of these new vulnerabilities now challenges the very core of the benefits that globalization has produced and is a fundamental challenge to national governments, business leaders and global institutions.

Unless we can find an appropriate balance, there is a significant risk that the failure to manage globalization will lead to a backlash of protectionism, xenophobia and nationalism. If the benefits of globalization are to continue to outweigh the risks that rapid integration exacerbates, understanding systemic interconnections and building multi-stakeholder responses are vital.

Redesigning global risk governance mechanisms to take these interconnections into account and to enable cooperation is a major but necessary undertaking.

The bad news is that the tidal wave of globalization has brought unprecedented and new systemic risks. The good news is that this phase of globalization has brought the means to meet the downsides — by raising levels of wealth and opportunity, and vitally increasing our collective knowledge and connectivity.

The opportunities for cooperative solutions have never been greater, particularly if we are to address the major challenges of the 21st century. Yet to harness these opportunities, we need an intellectual revolution.

But if we ignore the bigger crisis emerging at the core of globalization, and jump from one crisis management to the next, we do so at our peril. Hosted by the Bertelsmann Stiftung in Germany, the Salzburg Trilogue facilitates international cultural dialogue by bringing together recognized public figures to consider matters of global importance.

More on this topic.the act or process of globalizing: the state of being globalized especially: the development of an increasingly integrated global economy marked especially by free trade, free flow of capital, and the tapping of cheaper foreign labor markets. The debate over the positive and negative effects of globalization is a hot topic for many individuals, agencies, organizations and government departments who find themselves in a position to defend or attack the current globalization trends.

With member countries, staff from more countries, and offices in over locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and . English has in the 20th century become the global language.

It is the language of trade, diplomacy and the internet. However the increase in international languages, in particular English but also Spanish and Mandarin marginalise smaller . Globalization: Good or Bad Plamen Peev [email protected] Augustine Worth ENG – Advanced Writing Argumentative Essay November 30, “I, Pencil, simple though I appear to be, merit your wonder and awe, a claim I shall attempt to prove.

English globalization good and bad

English Globalization: Good and Bad. Nowadays, the term “globalization” is used everywhere - English Globalization: Good and Bad introduction. Globalization basically is a process of changing in economics, technology, communication and even education.