Globalization can be defined as a system of interaction or increasing global relationships between cultures, people, and economic activities among the countries of the world. Globalization in its simpler form refers to conglomerate exchange of languages, ideas, and cultures. Behavior or impacts of Globalization differ from country to country having a demarcation between developed countries like Britain and developing countries (Albrow & King, 1990). Some critics allege that it has been footing down the cultural values and increasing conflicts between two nations. Globalization is a double-edged sword with its impacts affecting especially the younger generation which is the creamy layer of a nation. These impacts include Economic, political, cultural, environmental, health and so on (Albrow & King, 1990).
The historical origin of the process of Globalization is debatable as in common usage refers to late twentieth century but some scholars regard it as having ancient history. One can confirm this by observing the trade patterns between the empires in ancient times. Some examples such as Silk Road between eastern world and Ottoman Empire, trade links between Roman Empire and India can be cited. Another stage of Globalization began during the Islamic age with the sharing of knowledge, technology, and trade in agriculture. From the beginning of 15th century with the advent of maritime trade and colonization of countries Globalization became much developed even impacting cultures around the world (Waters, 1995).
Globalization took its modern form in 19th century with the European nation's conquest of the world and industrial revolution in Europe, where in which the colonized countries became the consumers of the exports from European nations and the colonized countries mere the suppliers of raw materials. Thus industrialization has led to the Globalization of the world. Institutions such as World Bank, IMF, and WTO laid the foundations for the growth of the phenomena facilitating Free Trade all over the world (Scholte, 2005)
[...] Behavior or impacts of Globalization differ from country to country having a demarcation between developed countries like Britain and developing countries (Albrow & King, 1990). Some critics allege that it has been footing down the cultural values and increasing conflicts between two nations. Globalization is a double-edged sword with its impacts affecting especially the younger generation which is the creamy layer of a nation. These impacts include Economic, political, cultural, environmental, health and so on (Albrow & King, 1990). Origin The historical origin of the process of Globalization is debatable as in common usage refers to late twentieth century but some scholars regard it as having ancient history. [...]
[...] Globalization has paved way for many knowledge seekers and students to study in any part of the world and also opportunities of employment (Lee & Vivarelli, 2004). Some critics generally emphasize that globalization exacerbates unemployment, poverty, social exclusions, capitalism, environment deterioration, social divisions in most of the developing countries like Britain. All these impacts the youth directly. Dependency between national economies through trade and commerce will lead to an imbalance between the nation's leading to dominance over the other nation. [...]
[...] New Political Economy 19-35. Lee, E., & Vivarelli, M. (2004). Understanding Globalization, Employment and Poverty Reduction. New York: Palgrave Macmillan. Pilger, J. (2002). The New Rulers of the World. Verso Books. Pilger, J. (1999). Hidden agendas London. [...]
[...] Brown, P., & Lauder, H. (2006). Globalization, Knowledge and the Myth of the Magnet Economy. Globalization, Societies and Education 25- 57. Brown, P., Lauder, H., & Ashton, D. (2008). Education, Globalization and the Future of the Knowledge Economy. European Educational Research Journal 131-156. Dollfus, O. (1997). Globalization, Families, and Communities in Europe. Institute for Japanese Culture and Classics Kokugakuin University. [...]
[...] Thus, the concept of globalization should mainly be meant for the youth which is the foundation of a country to the entire world. Therefore leaders of various nations needs to plan their internal as well as their foreign policies to the benefit of younger generation not only limited to their country but also on the broader sense to the entire world. References Albrow, M., & King, E. (1990). Globalization, Knowledge and Society. London: Sage Publications. Bhagwati, J. (2004). In Defense of Globalization. [...]
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