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
,
when foreign companies relocate to these Remove the comma
apply
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
market development, it is detrimental to industrialized Change the spelling
labour
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