We could
avoid this cruel globalization and run away somewhere? Absolutely it couldn’t.
Globalization is an outcome of the evolution and development of human
civilization. It has been sped up especially by transportation, communications,
and information technology containing Internet, at last ‘omni-present’ mobile
media.
Globalization
is making the world ranging from the advanced countries to the underdeveloped
ones flatter to the economic level. All countries of continents except for warring
places wholly moved toward the better lives, if there were some negatives. Globalization
had let money, factory, and labor flow more freely. The companies of the
advanced countries relocated their factories to developing and consuming ones,
simultaneously avoiding their fierce unions, high costs, and ‘heavy’
regulations.
The
affluent money which does not catch some opportunities and searches for diverse
portfolio in any places is invested on the developing ones, which has subsequently
enhanced the new chances for wealth.
All
things always don’t go well. Recently the negative degree went too far against
our expectation. The benefits of globalization have reached the few of the
advanced and developing countries, in which there were little trickle-down
effects other than in the less-developing ones. In my opinion, every government
has done the best in correcting the present inequality, though their approaches
are different to solve. However, unfortunately, their efforts did not come to
anything.
World
leaders should now earnestly discuss the world government. The world government
ought to be an organization to have forceful authority and regulations against
all nations. The world government ought to be a more evolved form than the
present EU. G2, or, G7, or G20 couldn’t deal with the first-faced economic
recession accrued from the global economic system.(The end)
