Tuesday, 4 March 2014

Globalization

Globalization itself has many definitions and understanding, from a variety of sources I've read can I conclude that globalization is interdependent and deals between countries around the world in various fields such as economy, culture, politics and others. Globalization is the relationship between an individual or a group of inter-related and dependent without looking at the borders of each State so that now looks increasingly narrow border.

Globalization includes all aspects such as economy, culture, politics, information, communication, technology and more. But in this post I will focus to the field of economics. In the economic globalization has various aspects such as trade and investment. Market economy in various countries become interdependent and related, When one party crisis then most likely the crisis will also give effect to the other party concerned. However, globalization is thought to be increasing economic prosperity the world society through exchange goods because a country may not be able to provide the needs of the people.

The border of State being not important anymore because today every people can easily get goods from overseas. As for the advantages of globalization in the field of domestic Product economy can expand its market, obtain more capital and investment for economic development, and better technology. Globalization within this Free Trade (Pasar Bebas) could make the bilateral relations between countries is getting better. Globalization also provide such negative impacts for developing countries found it difficult to compete in global markets and the financial sector to become unstable.


Globalization in the context of free market globalization is not considered neutral because it usually only favors to those who "Stronger". For developing country competition with developed countries would be very difficult in a global world, finally many countries involved in the global market rather than improve the welfare of his country but instead dominated by imported products. The actual purpose of economic globalization is increasing national income of a country prosper and the people as well as building a good cooperation between countries. Global economic growth is also very rapidly improving relations of interdependence


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