Globalization

Globalization Globalization is a confusing concept. For some it conjures up images of electronic communications: an email, global media, and popularization of mobile phones. For others it is about trade: the ability to buy coca-cola in rural villages in Africa. For yet others it is about misappropriation and greed: the suicide of Indian peasant farmers ruined by agri-business and genetically modified seeds. From now on, I will present the negative effects of globalization. gGlobalizationh is a very uneven process, with unequal distribution of benefits and losses. The problem is that of who gains and loses from the potential benefits. This imbalance leads to polarization or separation between the few rich countries or individuals that gain benefits, and the many other countries that lose out or are marginalized. Globalization, polarization, wealth concentration and marginalization are therefore linked through the same process. In this process, investment resources, growth and modern technology are focused on a few countries (mainly in North America, Europe, Japan and East Asian NICs). The basic facts are known: 20% of the worldfs population live in absolute poverty, with an income of less than $1 per day. Surviving on less than $2 a day is a reality for countries, globalization, process, global, result, potential, economies, economic, problem, present, poverty, people, national, nation, less, income, growth, gains, few, developing, between, benefits, about, years, worldfs, worldwide, uneven, unequal, trade, through, seen, rich, report, regional, protectionism, possibly