This article discusses the effects of globalization on the economy, culture, and politics. It explores different types of globalization and their impact on the world. It also examines the implications of globalization in various aspects of society, such as the workforce and work in New Zealand Post.
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Running head: GLOBALIZATION EFFECTS1 GLOBALIZATION EFFECTS Name Institution Affiliation Date
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Globalization Effects2 Globalization Effects Globalization refers to the nationalistic and local perspectives opening to an outlook that is broad for interdependence and interconnection in the world with free transfer of goods, capital and services across the frontiers of nations. In basic terms, it is the practice of turning a system into a network that is international (Altbach, 2015). Globalization has different kinds in terms of how they create an impact on the current world. Economic globalization is one of the globalization types which have played a huge role in the development of the world today. The results of economic globalization are all over our world today and have created a united economy around the globe. In as much as there is an existence of giant economies playing a huge role in the development of the economies of the world today, economic globalization has had a bigger impact. Many factors have contributed to the thriving of globalization and one of them is a huge technological advancement in the sectors of communication, money transfer and transportation (Crane, Kawashima & Kawasaki, 2016). For a person to conduct a trade transaction through an online shop, the internet provides the communication capability for communication on a website platform. Money transfer technologies too, like the use of PayPal and other online money transfer platforms have made it easy to send payments. The fast means of transportation like the use of planes also makes it possible to ferry goods, whether light or bulky to the customers. Another type of globalization that has taken shape in our society today is cultural globalization. Cultural globalization refers to the transmission of cultures and ideas all over the world. Through the enablement of a massively fast transport and communication networks, people have been able to travel to other countries in a convenient, easy and cheaper way. That has consequently led to an increase in interactions between people of different cultures and
Globalization Effects3 societies (Cvetkovich, 2018). In that case, people have intermingled and intermarried, sharing their unique cultures in foreign countries (Boyden, 2015). That has then opened the chance that allows the creation of a new world. Political Globalization is another type of globalization. Through political globalization, countries around the world have been able to abolish retrogressive systems of governance and accepting the progressive ones (Sklair, 2016). For example, many countries in their developmental stages were able to borrow the systems of politics that had been proven to work and as mature, in their application in the developed countries. Governance systems like democracy are now being used in the majority of the countries in the world. Features of Globalization i)World Markets One of the present-day characteristics of globalization is the accessibility of world markets. Globalization has opened a massive scope of markets around the globe. In the past, businesses, goods, and services were only limited to the people and environment around the businesses. The consumers of various products and services produced were a constraint to a certain location because of many barriers such as communication and transportation. However, globalization has opened a limitless network of opportunities for businesses because they can finally access markets overseas (Atkin, Faber & Gonzalez-Navarro, 2018). There are many ways businesses can access international markets. One of them is by opening up physical branches. Through these branches, either the products or services will be produced in the branches and sold to the host market or finished goods or services could be transported to the respective branches in different countries (Rodrik, 2018). Another way through which international and regional markets have been opened to businesses through globalization is through the use of technology,
Globalization Effects4 particularly online shops. There are lots of online platforms that open up the markets for businesses and they include; social media platforms like Facebook and WhatsApp and websites. ii)Global Products standardization After the opening up of global markets through globalization, there was a need for standardization of goods, laws, services, and businesses for effective and efficient transactions. For a person to reach the global market, he/she needs to satisfy the global market’s standards. Since there are lots of businesses offering products and services, there is also a rise in completion (Baars et al., 2016). Therefore, the low quality of products and services will be automatically eliminated from the market. The customers are to act as judges for the products and they set the standards by buying the best goods and services, automatically eliminating the rest. iii)Sharing of Ideas Through an international system build on a seamless transfer of ideas and information, it has opened up the best opportunity of sharing ideas. An example of that is the fact that a tweet can go viral despite its origin. The technological advancement through platforms like social media has boosted the ability to share ideas in a great way (Smith, 2018). Another great example of idea sharing is the fact that institutions, colleges, and universities offer courses on an online platform. Many people across the world can teach themselves essential skills like programming through YouTube and other credible websites like datacamp.com. iv)Raising standards Globalization has not only led to an increase in the standards and quality of goods but also the quality of life. Many countries and people from different counties have transformed and improved their living standards. The citizens from a country can learn through online platforms, how people from other countries live and operate. For example, people from one country can see
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Globalization Effects5 and learn how people from other countries behave and live. Through that, they would demand an increase in the living standards in their own countries. v)Freedom standards One of the most unfortunate situations is the fact that repressive leaders make the people they lead to believe that their situations are predetermined and that change agitation should not be sought. In a closed system, the subjects of leadership will not know what they deserve. However, through globalization, they get to learn more about freedom and openness in ideas (Crane & Matten, 2016). They will then demand change in the manner in which they are governed. In the process, the standard of freedom for citizens will continue to rise in uniformity in the global levels. Globalization, therefore, plays a big role in raising the standards of freedom. Implications of Globalization Economic implication Globalization has led to an increase in performance in the world economy. Most countries that have greatly benefited from globalization are the developed and the developing ones. That is because they depend majorly on export goods and services to increase their revenues. The level of skilled labor among the countries has also increased because of an improved education system borrowed from other countries and the transfer of skilled workforce from one country to another (Donner, 2016). Therefore, globalization has boosted the economy of the world collectively and individually. Social Implication Because of globalization, there has been a great level of borrowing and dilution of cultures (Steger, 2017). People who once held strong and liberal ideologies are starting to become liberal and accommodative to other cultures foreign to them. Because of globalization,
Globalization Effects6 the world has become socialized to the extent that there are some cultures that are uniform. For example, the number of people who speak the English language has increased as opposed to the ages where globalization had not taken root. Mostly, people meet and interact on social media platforms like YouTube and FaceBook. Political implication Globalization has also created a great impact in the political cultures of the countries in the world. For example, countries in Africa before colonialism had a system of rule that was based on dictatorship and hereditary form of leadership. However, globalization enabled the colonies to introduce political structures that were well functioning and that are still used to date. Globalization enables countries to continuously transform the way leaders govern and the manner of conducting politics (Eriksen, 2018). Leaders hold frequent conventions and ideas are shared and implemented through constitutional amendments. In that case, globalization has served the role of streamlining the political cultures and landscapes of countries around the globe. Cultural Implication It is interesting how the hip hop culture, for example, is taking root in many countries. Through globalization, the cultures of the world have been mixed and transformed to create new ones. Globalization has rendered cultures dynamic in the sense that people have become liberal and free from retrogressive and static cultures (Gill, 2016). Many people are willing to borrow culture and transform or even abandon their cultures, depending on how their cultures resonate with them. The evidence of a changing culture can be demonstrated in the manner in which the demand of cultural products like music, movies, and clothing is increasing at a fast rate around the globe whose markets are foreign to the cultural products.
Globalization Effects7 Changes in the nature of Workforce and Work in New Zealand Post Aging The organization I work for, is known as New Zealand Post. Itfaces a kind of a crisis transforming the aging workforce to adapt and adopt the technological trends in the workplace. Since the analog generation is quickly passing away, the management faces a dilemma of how to handle the aging generation because they have a slow and low technology acceptance rate. Undertaking massive retrenchment would go against the labor laws and rights of employees. However, the employees that belong to generation X are putting minute input and impact in the organization. In that case, the management has decided to undertake a culture of recruiting tech- savvy individuals. As the retirement ages catch up with the older generation, they are being replaced by vibrant and tech-savvy young people (Hitt, Ireland & Hoskisson, 2016). Another move that the organization has decided to take is to train its employees on the basis of the current technologies regardless of the departments they serve. That way, older employees have been able to catch up with technological trends. Diversity The impact of globalization has also been evidenced by the level of diversity in my organization. Most employees represent different countries and cultures. For example, my department has employees that represent four different continents and countries. Through the organization’s recruitment process, most of the jobs are advertised online for all the interesting candidates regardless of the country or culture they represent can apply. The organization is multinational and for purposes of creating a multinational image, it has embraced employees from different diversities and cultures. Having worked in the organization for quite some time, I discovered that the major customers and clients working there are from different countries.
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Globalization Effects8 Globalization has had an impact that is manifest not only in the composition of the organization’s employees but also in the client and customers’ composition. My organization offers equal chances to employees from different backgrounds and countries for purposes of creating a global taste in the products and services it offers. For example, through the design processes of different quality brands, employees from every continent are asked to create a design reflecting on their continents. Thereafter, the different designs are put together and a unified design is created with a representation of the different continental cultures. That has given the organization an edge in selling its products worldwide. Service and Knowledge Work There is also a good representation of globalization in the service and knowledge work in the workplace. Since the organization that I work with is international, there has been a need to cater for clients coming from different countries, cultures, and continents. To better serve the clients from different origins, representatives from the different cultures have been hired to offer services that are tailor-made for the different cultures represented by the clients. For example, in the department of customer service, customers around the globe and from different countries make calls for inquiries and other needs. The organization has been creative enough to place customer service employees from different countries and origins at the end of the phone. Therefore, when a caller confirms his/her location, the call is transferred to a customer service attendant who serves the caller. Apart from the customer service department, globalization has also been utilized in the legal department. Since the organization serves different countries with different rules and regulations, it has invested its legal structures in a manner that captures the laws of different regions. The individual organizational lawyers offer legal advice to the management on the various legal requirements of different countries.
Globalization Effects9 References Altbach, P. (2015). Higher education and the WTO: Globalization run amok.International Higher Education, (23). Atkin, D., Faber, B., & Gonzalez-Navarro, M. (2018). Retail globalization and household welfare: Evidence from mexico.Journal of Political Economy,126(1), 1-73. Baars, J., Dannefer, D., Phillipson, C., & Walker, A. (2016).Aging, globalization and inequality: The new critical gerontology. Routledge. Boyden, J. (2015). Childhood and the policy makers: A comparative perspective on the globalization of childhood. InConstructing and reconstructing childhood(pp. 167-201). Routledge. Crane, A., & Matten, D. (2016).Business ethics: Managing corporate citizenship and sustainability in the age of globalization. Oxford University Press. Crane, D., Kawashima, N., & Kawasaki, K. I. (Eds.). (2016).Global culture: Media, arts, policy, and globalization. Routledge. Cvetkovich, A. (2018).Articulating the global and the local: Globalization and cultural studies. Routledge. Donner, H. (2016).Domestic goddesses: maternity, globalization and middle-class identity in contemporary India. Routledge. Eriksen, T. H. (2018). Globalization. InHandbook of Political Anthropology. Edward Elgar Publishing. Gill, S. (Ed.). (2016).Globalization, democratization and multilateralism. Springer. Hitt, M. A., Ireland, R. D., & Hoskisson, R. E. (2016).Strategic management: Concepts and cases: Competitiveness and globalization. Cengage Learning.
Globalization Effects 10 Rodrik, D. (2018). Populism and the Economics of Globalization.Journal of International Business Policy, pp.1-22. Sklair, L. (2016). The Transnational capitalist class, social movements, and alternatives to capitalist globalization.International Critical Thought,6(3), 329-341. Smith, K. E. I. (2018). What Is Globalization?. InSociology of Globalization(pp. 3-10). Routledge. Steger, M. B. (2017).Globalization: A very short introduction(Vol. 86). Oxford University Press.