Globalisation free essay sample

Globalisation helps the under developing countries to expose themselves to the wide range of opportunities and new resources internationally, which includes flow of goods across the countries. The trade between the nations helps the developing country to grow, shares the knowledge and cultural transformation(Tesic, 2012). Globalisation helps the developing countries to improve the transportation system and the communication system, using a satellite they can view the worlds event on a single frame. Globalisation is a key thing for imports and exports of goods, inflow and outflow of incomes between the nations(Wolf, 2004). There are some developing countries, which has a hatred feeling towards globalisation which led to a movement called anti- globalisation. Globalisation in some developing countries has become a problem as there is a sudden change in education system (students get uneducated), taxes and social policies. Globalisation in the developing countries may cause fluctuations in the national economy, spending money on the public goods by raising taxes, livelihood of a peasant farmer is destroyed, wages were lowered because the standard of the labour was decreased, economic insecurity increased across the nation(Lechner and Boli, 2004). It generates crisis due to global financial market which lead to heavy cost of goods in the under developing economies(Wolf, 2004). It leads to the formal resignation of the democratic government in to the favour of the private corporation. The ideology of the government in the less developed country Is severe due to globalisation. The increase in the trade flow and FDI(foreign direct investment) led to income inequality in the developed country and the developing country. There may be so many changes in government due to globalisation, government may change from one party to other party due to the government is accepting large cash flow that leads the down fall of small scale industries, starting point for child labour, pollution, social activities, change in culture, income levels decreased(Ha, 2012). The effect of globalisation leads to the trade route between the nations and FDI in the developing country. Due to investment of developed country in the less developed country, so many big industries are introduced in the nation, which is a good cause for the nation as there may so many chances for employment. Good cause of globalisation in the less developed country due to industrialisation. But there is no effect on employment on the raw material exported due to increase of the developed country workers in that part, but in the manufacturing unit there are so many chances of employment(Kaya, 2010). Globalisation of the world economy came to view that significant influence of industrialisation on developing countries. So there is a need of understanding the movement of globalisation on the developing countries to get the actual details of industrialisation. Â  Due to globalisation the penetration of FDI in to the developing countries is high. The trade flow between the nations are also high, this is good part for the developing nation as the economy of the nation raises. But there is a lot of chances for child labour and women employment. Depending upon the GDP’s we can differentiate the rich and the poor countries where the involvement of child labour can be found, if the GDP of the nation is high there the involvement of the child labour is low. The developing countries with high GDP has an involvement of high child labour(Dagdemir and Acaroglu, 2010). The high penetration of FDI and trade flow the involvement of child labour increases and increases to the very high extent. If the income level of the middleclass family is less than the 5000USD, the net effect on the globalisation is negative. When the income of the middle class family is more than the 5000USD then the effect on globalisation is positive. This show that the positive affect of globalization along with increasing income on child labour involvement does not display continuity. The factors increasing child labour supply in developing countries has become more effective as a result of integration with global economy. Economic growth alone is not sufficient thing to struggle with child labour problem in developing countries. The governments should show interest on some factors to the labour such as income distribution and poverty. Increased importance should be given to regulate labour market conditions in the case of increased involvement of child labours. 1. WOMEN EMPLOYMENT As there are so many company introduced by a developed country in the developing countries, they need a lot of workers. The developing countries has lot of middle class families, so due to earning the women will find a job in the newly introduced companies. In a developing countries most of the womens work when the nation is on the effect of globalisation, they are not professionally trained to that work, womens are given jobs for a long shift with very low wages. So due to this there may be lot of mental tensions in the family. Â  Globalisation encouraged the developed countries in increasing production, which uses the lot of natural resources of the developing country and effects the environment. Pollution is a harmful effect in globalisation, as it will lead to the death of the persons. The introduction of industries under the effect of globalisation will pollute the air and water with harmful gases and chemicals. These foreign companies developed their base in developing countries as they found the cost of labour is low and high use natural resources where the resources availability is high.