Even though globalization affects the world’s economies in a positive way, its negative side should not be forgotten. Discuss.

In the present age,

globalization

is playing an increasingly important role in our lives. But in the meantime, whether it is a blessing or a curse has sparked a heated debate. Some people argue that

globalization

has a fundamentally beneficial influence on our lives, while many others contend that it has a detrimental effect as well. A convincing argument can be made about industrialization not only playing a pivotal role in the development of technology and the economy of the nation, but

also

promoting the cultural exchange between different countries. To start with, it is the advancement that impelled many corporate to become international groups, thereby making a contribution to the local technology and employment. Specifically, when a multinational group establishes a factory in a developing country, the new equipment, the new management skills and the job vacancies are all in the best interest of the local society.

Moreover

, people worldwide can get to know each other better through

globalization

. It is easy to see that more and more Hollywood blockbusters show cultures different from American, some recent examples are ‘Kungfu Panda’ and ‘The Mummy’. Admittedly, the profit driven side of

globalization

has severely affected young people. Today, in the metropolises in different countries, it is very common to see teenagers wearing NIKE T-shirts and Adidas footwear, playing Hip-Hop music on Apple iPod and eating at the burger shop. The culture that took a thousand years to form just seems similar in these cities; it seems as though you can only distinguish them by their language. Meanwhile, in some developing countries, sweat workshops are always a concerning issue.

For instance

, reports show that some teenagers employed in NIKE’s contractors work in smelly factories over 14 hours of a day, but only paid fifty cents per hour. To sum up, I would concede that the liberalisation does come with some adverse effects. Despite that fact, benefits created by it far outweigh the disadvantages. Overall, I am convinced that we should

further

promote

globalization

and meanwhile the local government should take measures to combat culture assimilation and sweat workshops.