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

Although
globalization
has led to substantial economic
growth
and created numerous job opportunities in developing
countries
, it is important to note its negative impact on society.
This
issue will be clearly presented in the essay below. On the one hand, it is undeniable that the economy has been booming and there has been an increase in employment in some developing
countries
since
globalization
was introduced. It is
also
important to mention that when tax rates are low and labour costs are low, it can be detrimental to developing
countries
such
as India, China, and South Africa, which are embroiled in war and have had difficulties with economic
growth
,
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when foreign companies relocate to these
countries
. Due to
this
particular wave of investment, underdeveloped
countries
will be able to create a large number of new businesses. I believe that the decline in unemployment is largely due to increased productivity which results from
globalization
on
this
front.
On the other hand
,
globalization
has not led to an increase in business positions, rather it has simply shifted the job opportunities from developed to developing
countries
. In which case,
this
phenomenon leads to a high rate of unemployment in the USA while China anticipates high employment
growth
in the upcoming year.
As a result
of
globalization
, nations are
also
more interconnected, but they are
also
more dependent on each other as well, so if one nation has a weak economy, it is very likely that the economics of others will
also
be adversely affected.
As a result
of the global economic crisis of 2008,
this
dependent relationship among nations negatively affected the global economy. In conclusion,
globalization
is generally considered to play a key role in boosting economic and employment developments in developing
countries
. In terms of economic
growth
and
labor
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labour
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market development, it is detrimental to industrialized
countries
.
Submitted by thanhannguyen2209 on

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Use cohesive linking words accurately and appropriately

Linking words are very important in your essay.

To score effectively on your IELTS exam, you should make an effort to implement short concise sentences coupled with linking words.

Almost every sentence in your essay should have a linking word of some sort.

In fact, the only sentences that can omit linking words are your background sentence and thesis.

Linking word examples:

  • firstly
  • secondly
  • thirdly
  • in additional
  • moreover
  • also
  • for example
  • for instance
  • therefore
  • however
  • although
  • even though
  • despite

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