Today, global space is filled with talk of such a thing as globalization. The positive effects of this process are difficult to overestimate. Nevertheless, this phenomenon is so all-encompassing that it cannot cause only a definite reaction. The main results of globalization processes include the establishment of a new system of political and economic international relations. In particular, this is due to the departure into the past of a system characterized by confrontation between the USA and the USSR. Although critics highlight some negative points, the positive effects of globalization still outweigh them.
What has globalization given to man?
First, it should be noted that international relations began to be regulated by market processes instead of political and ideological. This is the first thing globalization is characterized by. The positive consequences of such a change are the immeasurable growth of human capabilities. First of all, this is manifested in gaining unprecedented access to information, information and knowledge. The rapid development of technology, the Internet is a child of progress. Thanks to this, people all over the world ceased to be isolated from each other. Other positive effects of the globalization process can be identified in the following paragraphs:
- Increased competition. Labor productivity is growing, the number of scientific developments is increasing. Countries characterized as socially stable zones are becoming attractive for capital inflows.
- Competition at the international level helps lower commodity prices and increase choice. This is a definite plus for consumers.
- The advantages that globalization has given, the positive consequences of this process are manifested in the gains that the parties receive from free trade on mutually beneficial conditions.
- Specialization and the international division of labor. Resources and funds are allocated as efficiently as possible. This contributes to an improvement in the standard of living of the population on average, an increase in the prospects of the population with a decrease in cash costs.
- Sustainable economic growth due to economies of scale (lower costs, lower prices).
- Labor productivity is increasing internationally due to the diffusion of the latest technologies, streamlining production, and increased competition in favor of innovation.
- As a result of the joining forces of the world community, it becomes easier to solve environmental and other global problems. Joint resources and coordinated actions are directed to combat such problems.
- Countries are able to mobilize financial resources in a much larger volume as a result of the greatly increased number of markets.
Conclusion
So what is globalization? The positive consequences of this global process can be characterized in one word - the opportunity. This is an opportunity for developing countries to catch up with more advanced ones. The population of these countries gets the opportunity to live better, becoming more employed in the labor sphere. Technological advances as a product of globalization also contribute to these goals.
