Even though globalization affects the world's economies in a very positive way, its negative side should not be forgotten. Discuss
First of all Globalization is a positive thing and it benefits a country who, for example, specializes in a certain product and then exchange that good with other countries. But it does not only have positive aspects..also the disadvantages have to be noticed i regard to to this topic.
Economic integration and free trade conditions have produced an unstoppable movement towards economic globalization. Most economists applaud the trend, pointing to the modernization and growing wealth that have resulted. But many countries have been forgotten or have even been harmed by globalization. So what have been the positive and negative effects of this globalization trend?
First of all the principal cause and effect of globalization is international trade, which has expanded substantially. A growing trade has often been followed by higher economic growth, although not in all cases. For example: Annual growth rates of GDP in East and Southeast Asia were 6-8 and in Latin America and Sub-Saharan Africa they averaged less than half a percent per year.
On the other hand there is the unemployment effect. While growing trade has generall created more jobs, the parallel growth in competition has forced many companies to fire their workers in order to cut costs, boost efficiency and increase profits. Especially some less-developed countries had to deal with this negative effect. China, which has experienced a strong economic growth in the last years, has begun to struggle with unemployment, particularly in urban areas. So it becomes obvious that globalization is also accompied by negative aspects.
Another point which should be considered when talking about globalization is the income distribution. Experts suggest that the increased trade between North and South has reduced income inequality among skilled and semi-skilled workers in the South . On the other hand it has increased the inequality among such workers in the North. This is because manufactured exports from the South raise demand and wages for workers with only limited skills and education. But the effect in the North is the opposite. There the service and technology industries pay top wages to highly skilled workers but have little use for semi-skilled labor.
There are a lot of other fields where it becomes clear that globalization is followed by a lot of advantages, but also disadvantages. Overall it can be said that globalization appears to have deepened inequalities in the international distribution of income.
| Post date | Users | Rates | Link to Content |
|---|---|---|---|
| 2019-12-28 | D87eepak | 78 | view |
| 2019-07-09 | preet kaur | 84 | view |
| 2019-07-09 | preet kaur | 78 | view |
| 2019-06-29 | dha | 89 | view |
| 2019-06-17 | jaski2k | 84 | view |
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Grammar and spelling errors:
Line 1, column 217, Rule ID: DOUBLE_PUNCTUATION
Message: Two consecutive dots
Suggestion: .
...t it does not only have positive aspects..also the disadvantages have to be notice...
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Line 1, column 261, Rule ID: I_LOWERCASE[2]
Message: Did you mean 'I'?
Suggestion: I
...so the disadvantages have to be noticed i regard to to this topic. Economic in...
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Line 1, column 270, Rule ID: ENGLISH_WORD_REPEAT_RULE
Message: Possible typo: you repeated a word
Suggestion: to
...sadvantages have to be noticed i regard to to this topic. Economic integration and...
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Line 7, column 499, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
... urban areas. So it becomes obvious that globalization is also accompied by negat...
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Line 9, column 249, Rule ID: COMMA_PARENTHESIS_WHITESPACE
Message: Don't put a space before the full stop
Suggestion: .
...ed and semi-skilled workers in the South . On the other hand it has increased the ...
^^
Transition Words or Phrases used:
also, but, first, so, then, while, as for, for example, talking about, first of all, in all cases, on the other hand
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 17.0 13.1623246493 129% => OK
Auxiliary verbs: 2.0 7.85571142285 25% => OK
Conjunction : 21.0 10.4138276553 202% => Less conjunction wanted
Relative clauses : 12.0 7.30460921844 164% => OK
Pronoun: 19.0 24.0651302605 79% => OK
Preposition: 46.0 41.998997996 110% => OK
Nominalization: 18.0 8.3376753507 216% => Less nominalizations (nouns with a suffix like: tion ment ence ance) wanted.
Performance on vocabulary words:
No of characters: 2124.0 1615.20841683 132% => OK
No of words: 393.0 315.596192385 125% => OK
Chars per words: 5.40458015267 5.12529762239 105% => OK
Fourth root words length: 4.45244063426 4.20363070211 106% => OK
Word Length SD: 3.09019507045 2.80592935109 110% => OK
Unique words: 214.0 176.041082164 122% => OK
Unique words percentage: 0.544529262087 0.561755894193 97% => OK
syllable_count: 668.7 506.74238477 132% => OK
avg_syllables_per_word: 1.7 1.60771543086 106% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 1.0 5.43587174349 18% => OK
Interrogative: 0.0 0.384769539078 0% => OK
Article: 2.0 2.52805611222 79% => OK
Subordination: 2.0 2.10420841683 95% => OK
Conjunction: 4.0 0.809619238477 494% => Less conjunction wanted as sentence beginning.
Preposition: 2.0 4.76152304609 42% => More preposition wanted as sentence beginning.
Performance on sentences:
How many sentences: 22.0 16.0721442886 137% => OK
Sentence length: 17.0 20.2975951904 84% => The Avg. Sentence Length is relatively short.
Sentence length SD: 37.5773857174 49.4020404114 76% => OK
Chars per sentence: 96.5454545455 106.682146367 90% => OK
Words per sentence: 17.8636363636 20.7667163134 86% => OK
Discourse Markers: 5.27272727273 7.06120827912 75% => OK
Paragraphs: 6.0 4.38176352705 137% => Less paragraphs wanted.
Language errors: 5.0 5.01903807615 100% => OK
Sentences with positive sentiment : 11.0 8.67935871743 127% => OK
Sentences with negative sentiment : 7.0 3.9879759519 176% => OK
Sentences with neutral sentiment: 4.0 3.4128256513 117% => OK
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.104545899842 0.244688304435 43% => OK
Sentence topic coherence: 0.0332225705729 0.084324248473 39% => Sentence topic similarity is low.
Sentence topic coherence SD: 0.0423118473752 0.0667982634062 63% => OK
Paragraph topic coherence: 0.0567860508523 0.151304729494 38% => Maybe some paragraphs are off the topic.
Paragraph topic coherence SD: 0.0258490549082 0.056905535591 45% => Paragraphs are similar to each other. Some content may get duplicated or it is not exactly right on the topic.
Essay readability:
automated_readability_index: 12.9 13.0946893788 99% => OK
flesch_reading_ease: 45.76 50.2224549098 91% => OK
smog_index: 11.2 7.44779559118 150% => OK
flesch_kincaid_grade: 11.1 11.3001002004 98% => OK
coleman_liau_index: 13.74 12.4159519038 111% => OK
dale_chall_readability_score: 8.74 8.58950901804 102% => OK
difficult_words: 106.0 78.4519038076 135% => OK
linsear_write_formula: 10.5 9.78957915832 107% => OK
gunning_fog: 8.8 10.1190380762 87% => OK
text_standard: 11.0 10.7795591182 102% => OK
What are above readability scores?
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Maximum five paragraphs wanted.
Rates: 73.0337078652 out of 100
Scores by essay e-grader: 6.5 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.