Topic Even though globalization affects the world economies its downside must not be neglected Discuss

Essay topics:

Topic: Even though globalization affects the world economies, its downside must not be neglected. Discuss

In the era of globalization, global integration has been accelerated than ever before in every aspect of life. Despite doing many wonders for humans, there are potential drawbacks that should be taken into consideration. This essay will shed light on both views before making a final decision.

One major ground behind creating a global village is that this trend plays an important role in fostering the economy of each nation as well as creating an opportunity for emerging economies to enter global markets. In fact, due to being influenced by the wave of globalization, almost all nations around the world have implemented open policies to stimulate trade and attract foreign direct investment. This policy is likely to appeal to a huge amount of capital so that the country might leverage it to upgrade infrastructure and enhance social security. To give an example, in the past, Vietnam was one of the low-developing countries with a GDP per capita below the average line on the world scale and could not keep up with the latest technological developments. However, thanks to globalization, more and more multinational corporations have invested a tremendous amount of budget in the Vietnam market, such as Samsung, Nestlé, Intel, and so on, thereby improving competitiveness in global markets. Therefore, today, Vietnam is recognized as an emerging country with a significant growth rate annually.

In spite of facilitating many advantages, globalization also leads to several disadvantages that require taking action to tackle as soon as possible. One primary flaw of this is the interdependence of countries on one another. If countries are not capable of capital autonomy and have to outsource their input production materials, these countries will be likely to disrupt the supply chain and easily be adversely affected by global fluctuations. Vietnam, is an instance, despite appealing to numerous FDI capital by foreign companies accounted for merely 60 percent of total capital, Vietnam’s economy has experienced a harsh crisis in manufacturing cars because China has not exported any semiconductor elements as implementing Zero COVID-19 policy. Additionally, this phenomenon has placed sovereignty under threat meaning that no nation can hide its discoveries or innovation from the world anymore. Consequently, intellectual property is put under threat of being stolen for illegal commercial purposes.

In conclusion, although globalization is beneficial for the world’s economy and living standards, this phenomenon also brings potential consequences regarding countries do not utilize it wisely. Nevertheless, I believe that if these downsides can be addressed and mitigated suitably, globalization will facilitate more benefits for global citizens.

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Average: 8.9 (1 vote)
This essay topic by users
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2024-01-03 tieuquynh 89 view
Essays by user tieuquynh :

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Transition Words or Phrases used:
also, consequently, however, if, nevertheless, regarding, so, therefore, well, in conclusion, in fact, such as, as well as, in spite of

Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments

Performance on Part of Speech:
To be verbs : 17.0 13.1623246493 129% => OK
Auxiliary verbs: 8.0 7.85571142285 102% => OK
Conjunction : 10.0 10.4138276553 96% => OK
Relative clauses : 6.0 7.30460921844 82% => OK
Pronoun: 19.0 24.0651302605 79% => OK
Preposition: 59.0 41.998997996 140% => OK
Nominalization: 14.0 8.3376753507 168% => OK

Performance on vocabulary words:
No of characters: 2362.0 1615.20841683 146% => OK
No of words: 420.0 315.596192385 133% => OK
Chars per words: 5.62380952381 5.12529762239 110% => OK
Fourth root words length: 4.52701905584 4.20363070211 108% => OK
Word Length SD: 3.23358930188 2.80592935109 115% => OK
Unique words: 260.0 176.041082164 148% => OK
Unique words percentage: 0.619047619048 0.561755894193 110% => OK
syllable_count: 762.3 506.74238477 150% => OK
avg_syllables_per_word: 1.8 1.60771543086 112% => OK

A sentence (or a clause, phrase) starts by:
Pronoun: 6.0 5.43587174349 110% => OK
Article: 0.0 2.52805611222 0% => OK
Subordination: 2.0 2.10420841683 95% => OK
Conjunction: 1.0 0.809619238477 124% => OK
Preposition: 8.0 4.76152304609 168% => OK

Performance on sentences:
How many sentences: 17.0 16.0721442886 106% => OK
Sentence length: 24.0 20.2975951904 118% => OK
Sentence length SD: 61.8796130013 49.4020404114 125% => OK
Chars per sentence: 138.941176471 106.682146367 130% => OK
Words per sentence: 24.7058823529 20.7667163134 119% => OK
Discourse Markers: 7.94117647059 7.06120827912 112% => OK
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 0.0 5.01903807615 0% => OK
Sentences with positive sentiment : 7.0 8.67935871743 81% => OK
Sentences with negative sentiment : 5.0 3.9879759519 125% => OK
Sentences with neutral sentiment: 5.0 3.4128256513 147% => OK
What are sentences with positive/Negative/neutral sentiment?

Coherence and Cohesion:
Essay topic to essay body coherence: 0.173513921361 0.244688304435 71% => OK
Sentence topic coherence: 0.0502618575678 0.084324248473 60% => OK
Sentence topic coherence SD: 0.0442247450616 0.0667982634062 66% => OK
Paragraph topic coherence: 0.109891081874 0.151304729494 73% => OK
Paragraph topic coherence SD: 0.0468847673594 0.056905535591 82% => OK

Essay readability:
automated_readability_index: 17.4 13.0946893788 133% => OK
flesch_reading_ease: 30.2 50.2224549098 60% => OK
smog_index: 11.2 7.44779559118 150% => OK
flesch_kincaid_grade: 15.0 11.3001002004 133% => OK
coleman_liau_index: 15.61 12.4159519038 126% => OK
dale_chall_readability_score: 10.24 8.58950901804 119% => OK
difficult_words: 144.0 78.4519038076 184% => OK
linsear_write_formula: 12.0 9.78957915832 123% => OK
gunning_fog: 11.6 10.1190380762 115% => OK
text_standard: 12.0 10.7795591182 111% => OK
What are above readability scores?

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Rates: 89.8876404494 out of 100
Scores by essay e-grader: 8.0 Out of 9
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Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.