TO WHAT EXTENT SHOULD WE EMBRACE GLOBALIZATION?
Essay Development Plan
Globalization is described as the acceleration of various processes across markets worldwide. The implications of globalization have been largely beneficial to humanity. It has led to dramatic improvements in human productivity and industrialization. However, globalization has introduced fresh problems. These challenges mainly involve public governance, environmental and labour policy. Globalization is largely viewed from two perspectives: those that support it and believe that it is the only way to achieve economic development and the anti-globalists who argue against its imperialist nature. However, a different view can be adopted whereby globalization is viewed as a tool for development as well as a potential threat to the existence of humanity. The essay focused on the globalization/public policy nexus; advancing the idea that globalization should be limited where it interferes with public governance. The discussion was focused on how poor corporate governance has impacted public policy in poorly regulated.
Research on this discourse began with a study on globalization, its background, advantages and disadvantages. Several sources were utilized, most importantly Lane (2004) and Labohm (2013). These articles focused on the history of globalization, its implications on domestic public governance and the resultant effects on the environment. Each article was critically reviewed and critical arguments and points were noted for reference.
A majority of the literature used focussed on the implication of globalization on public governance, environmental and labour issues. Due to the length constraints various instances of globalization acting against public governance could not be discussed. Some of these issues include the cyanide poisoning in Argentinian mines and Canadian tar sands. Granted adequate word length, the essay would take a case-study approach, exploring various instances of globalization acting against public policy around the world. The following section explores a few such cases.
Globalization and industrialization go hand in hand. Multinational enterprises have been able to extend their operations across international markets through globalization. Such companies have contributed to economic growth not only in their native countries but also in these foreign countries. With the setting up of new industries in various countries, labour is undeniably required. However, in order to increase their profit margins, some companies cut corners with regard to labour policies. An illustration of this is Bangladesh, a developing economy where many multinationals have set up operations. Child labour is another burden that is directly linked to globalization. The Rana Plaza disaster is an illustration of the poor labour laws in place in Bangladesh.
Veladero Mine, neighbouring the river Potrerillos, is among the largest mines in Argentina. A few months ago, Barrick Gold reported that more than a million litres of cyanide had leaked into the river due to defective valves in the mine. Consequences of this spill were pollution of the aquatic ecosystems and the possibility of cyanide poisoning in humans. However, ecological remediation in this case was fairly rapid and this limited the consequences of the spill. This case reflects Labohm’s discussion on globalization’s positive impact on environmental pollution around the world (Labohm, 2013).
Other themes for discussion would be the globalization-terrorism nexus. Lane (2004) mentions the effects of globalization as possible causes for terrorism around the world. The author argues that disillusion among local communities has often effected violent reactions and terrorism. Igwe (2013) highlights the situation in the Niger-Delta, where militias have cropped up in response to oil-related pollution and failed public policies.
Another possible theme of discussion would be globalization’s gross impact on culture around the world. Lane (2004), views cultural globalization as a transformation of global diversity into a plague of westernized consumerism. It has been argued that globalization had contributed to the dominance of the American culture in what is termed as ‘Americanization’. Lane (2004) posits that globalization poses a threat to global values and cultural identity.
Globalization is both beneficial and disadvantageous. Its advantages include economic development and increased international trade. Conversely, it has undermined domestic governance and poses a risk to the environment due to its incessant need for growth in industrial output. This essay suggests that we should limit the adoption of globalization where it hinders domestic public governance and environmental policy.
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