In a world that is continually becoming borderless as days pass has made me question ‘Am I also being a part of it? Yes indeed, as a student or as a human being living in this world, I also play a significant role in it. Being able to study in a global university itself collaborating with the highest standards and with global perspectives is one of the examples that I can give. In this global village, education will always serve as the foundation of global stability. The phenomenon of globalization has widened, deepened, and speeded up global interdependence creating a borderless world. This has resulted in the large-scale movement of people, goods, services all across the world, exchanging ideas and cultural mixing.
The idea of getting interconnected globally really did catch my attention. The reasons I can put forth be that ‘will these 7.8 billion people get benefitted equally’ or can they all contribute to the phenomenon?
People knowingly or unknowingly become a part of it. It is hard to believe that I also became a part of it unknowingly at the age where I barely knew a term like globalization existed. Because never thought H&M jeans or the mobile phones designed in California and made in china were imported to the markets as a part of Globalization.
The concept of globalization is described rather than defining because it is a new way of thinking however, it does not mean the same for everyone. For some, globalization is a process of opening up economies so that trade between countries takes place freely. Thus, expanding opportunities for nations and benefitting workers in poor and rich countries alike. This brings positive benefits for consumers helping to increase their choice, drive down prices, improve services and create new jobs and opportunities. Globalization can therefore be a positive force that brings change that has the potential to raise the standard of living and drive economies forward.
For others, it is like digging more of their poverty-stricken life, widening the disparity between the rich and the poor within the countries.
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