Globalization means and effect


Globalization is generally used as a shorthand way to describe the distribution and linkage of production, communication and technology throughout the world include a political and economic in the country. Globalization started after World War II there are two main factors about the globalization first it technological and then liberalization.why liberalization is one factors in globalization because liberalization of trade can make a competitton in international world.in many reason globalization build more economic growth in other country which mean indonesian. Other aspects of liberalization have led to increases in the movement of capital and other factors of production. Some economists and historians have suggested that globalization is little more than a return to the world economy of the late nineteenth century and early twentieth century.

In Globalization there are more institution to stabilization the international economic,world bank international monetary fundation (IMF) and WTO world trade organization.This institution have a key to make promoting free trade.IMF must make a liberalisasion in finance economic,IMF push each countr to integrate in the world market throug so policy is value because is make a country to be more competitive and foreign invesment by creating the stimulating the free trade area or provide a tax exemption.globalization can make our local product to distributed in international markets.

Globalization have an effect in world economic include developing countries.globalization make our climates has change include global warming.in economic growth globalization is make developing countries cannot be a develop countries.globalization can make people more consumerist because people want to have more needs they have for pursuing global lifestyle.
                                   
Globalization can make effect in economic growth,if the superpower country likes america had a economic problems  It can lead to other countries are also experiencing the impact of economic problems. If Exchange rates dollar rises then other countries will also have the same impact as a result of rising prices of dollar.in 1998 indonesian had a economic collepse because our goverment cannot handle the hyper inflation.this is can explain how the effect the globalization to developing country and finally developing countries are unable to compete in the global market

Sumber :
http://www.juergensmeyer.com/files/C.Stohl%20Globalization%20Theory.pdf
http://www.worldbank.org/depweb/beyond/beyondco/beg_12.pdf

nama :adriel manuel
kelas : 02Pb3
nim : 1701352334

Komentar

Postingan populer dari blog ini

Lokasi Syuting Film Dilan 1990

Mercantilism is the best pattern of international trade nowadays

Hubungan antara MNC dengan Home country dan Host country