Examine how globalisation has resulted in winners

Examine how globalization has resulted in winners and failures (15) globalization is the cognitive process by which the being is nice increasingly interconnected as a result of massively increased affair and cultural exchange. Globalisation everyplace the old hundred years has undoubtedly do the public more interconnected including scalelike societies, politics, economies, cultures and the surroundings. Globalisation has increased the production of goods and services.There argon those who argue that globalization creates winners and losers, as roughly ountries prosper, mainly European countries and America, whilst other countries conk out to do well. For usage, USA and Europe gillyflower their own agricultural industries heavily so less frugalalally demonstrable countries overtake priced out of certain markets, even though they should theoretically afford an stinting advantage, as their payoff argon lower. The globalisation of economies has resulted in umtee n winners from the developed nations while overly modify improved the standardized of living in many an(prenominal) developing nations.As well as this numerous winners include closely horse opera nations, some third orld tugers and international institutions. The globalisation of nations economies has definitely improved the lives of millions across the planet, in twain developed and developing countries. By far the major winner from this process has been the citizens and corporations of developed countries. This is due to many factors that extradite come to fruition in the later on half of the twentieth century.Specifically, the roles of TNCs, global financial institutions and consumerism all have ties to scotch globalisation. disdain the criticisms that surround international orporations, they have been instanter investing in developing countries and with their elaborateness into these markets, have actually raised the standard of living in many third world countri es. An example of a multinational corporation cr feeding winners with the globalisation process is McDonalds.This is a major example of globalization in both the economic and cultural sense, with nigh 50 million people somewhat the world being served daily. The primary economic winner in recent clock from McDonalds globalisation process has been East Asia, as in 1975 when McDonalds pened it first restaurant in Hong Kong, it brought with it a high standard of skipper service and the first restaurant to continually offer a clean eating environment, which customers came to demand from all restaurants later.another(prenominal) winner of the globalisation process, are the third world workers engaged by transnational corporations. Although the western world sees sweatshops as immoral and unethical, the labourers who work in these places are frequently being compensable a higher wage than about of their fellow citizens. This means through the economic lobalisation process and cr oss border corporations, workers in developing countries have the opportunities to survive and meter the poverty cycle.While there nave been many winners trom economic globalisation, there nave also been and will comprehend to be many losers. There have been many losers including most third world countries, the environment and ironically even most western countries. The primary loser from globalisation has been the developing countries, who have supplied the labour and cutting material necessary to fuel globalisation. In any third world countries, globalisation has had the negative effect of creating sweatshops, where workers are give low wages to do punishing manual labour in oft poor conditions.These sweatshops are run by transnational corporations, that have the aim of minimising cost by taking advantage of the relaxed labour laws often in developing countries. An example of a transnational corporation that uses sweatshops is Nike, as its shoes are do in many Asian countri es at a low cost and then exchange in western countries for a profit. after the goods are sold and the wages aid, the transnational corporations take any profit made back to their headquarters or position estate.This leaves the developing countries in poverty as the workers are being exploited for a minimal wage while the country sees very little of the profits. However, not nevertheless are the developing countries affected by economic globalisation, the developed countries that are often at the center of globalisation also experience problems. A major loser that has resulted from the integration of economies specifically in times of economic downturn has been all economies, including both eveloping and developed.It can be seen that the primary losers from economic development are developing countries however, developed countries can also be losers. Another significant loser from economic globalisation is the environment this problem affects all countries on the planet and has been getting worse over time. The environment has been abused and neglected since the ancestry of the industrial revolution and today is before long at a precipice. Developed countries are the worst offender when it comes to the abuse of the environment.There are affirmative aspects of globalisation as seen in developed countries, also now many developing countries are to some layer enjoying the benefits. However, transnational corporations and the developed world are still generally exploiting developing countries. Likewise, the planets environment is still being expended at a faster rate than it is being replenished or replaced and will surely cause problems for incoming generations. Therefore, it can be said that the globalisation process of integrating nations economies has had both positive and negative effects on the world.