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Globalization - esej - derrick - 29-08-2013 02:28 PM

GLOBALIZATION


Globalization has various aspects which affect the world in several different ways:

Industrial - emergence of worldwide production markets and broader access to a range of foreign products for consumers and companies.

Financial - emergence of worldwide financial markets and better access to external financing for borrowers.

Economic - realization of a global common market, based on the freedom of exchange of goods and capital.

Health Policy - On the global scale, health becomes a commodity. In developing nations under the demands of Structural Adjustment Programs, health systems are fragmented and privatized.

Political - some use "globalization" to mean the creation of a world government which regulates the relationships among governments and guarantees the rights arising from social and economic globalization.
The international community should endeavour by strengthening the international financial system, through trade, and through aid to help the poorest countries integrate into the world economy, grow more rapidly, and reduce poverty.