Advantages Of Globalization



A Guide to the Advantages of Globalization

As we move further and further into the twenty-first century, the more clearly we are seeing the advantages of globalization. It has unbounded economic, technical, social and cultural benefits for developing countries. Globalization can mean sharing technological know-how, such as better methods of farming, or it can mean building roads or a dam to give people access to clean water or electricity.

The advantages of globalization are numerous. Globalization is the answer for raising the standard of living around the world. In fact, over the last thirty years, the number of people living in the most desperate poverty, those living on under one dollar a day, has decreased. That’s not to say there are still not people hungry around the world. But in its own slow way the standard of living around the world is getting higher.

The advantages of globalization can be seen in the internet. Now, it is possible to have truly global communication. Someone in Africa can talk to someone in Canada in real time. Or, someone in the United States can email a friend in India and have it arrive in their mailbox in less than one minute. The transmission of information over the internet is making people who live in underdeveloped countries aware of what is possible. The advantages of globalization mean that news is transmitted around the world as it happens. It is a lot harder to keep people in the dark about events in the rest of the world.

The advantages of globalization on the international economy are substantial. Countries can invest in one another, loan money to one another, and develop trade with other countries. Businesses can open and sell their goods in new foreign markets. The more goods that are sold, the more jobs are created.  Even in a faltering economy, the world is a better place because the global market is more open and free.

The movement of freedom and democracy is another one of the advantages of globalization. The world is becoming more and more one place. Globalization brings with it the knowledge that all human beings share the earth with one another. It brings about cooperation in trying to make the earth a better place to live. The ultimate goal of globalization is the peace of the world--all countries becoming accepting of one another and the diversity of cultures and beliefs that exists in the world as a whole.

Globalization makes travel easier whether in very populated or very rural areas. Food and medical supplies can now quickly reach locations that need them. Countries get together to play in international competitions, such as the Olympics or for other world titles, such as in soccer, skiing or baseball. It is these kinds of instances of people working together toward one goal that will eventually lead to new understanding of cultural values and customs. Countries who can accept each other’s cultural values, even without sharing them, are much less apt to go to war with one another.

And, one of the biggest advantages of globalization is justice. You can see it now in world courts, where those who deny people their rights, and murder countless innocent people can be brought to justice for the whole world to see. Globalization can advance the cause of human rights throughout the world.

Globalization can go way beyond economic concerns to address such other issues as the environment. Whether it be disappearing forests, global warming, fishing laws, or helping to save endangered species of animals and birds, people working together in a global way can have far-reaching consequences.