The Effect of Globalization

The final individual assignment

Lecture:

Subject:

Date:

Name: LIU FEIYAN

ID: 014201200159

CLASS: IB 2

Background

In order to examine the true effects of globalization, the film looks at the new rulers of the world -- the great multinationals and the governments and institutions that back them -- the IMF and the World Bank. Under IMF rules, millions of people throughout the world lose their jobs and livelihood. The reality behind much of modern shopping and the famous brands is a sweatshop economy, which is being duplicated in country after country.

It is analysis the new global economy and reveals the division between the rich and poor have never greater –two thirds of the world’s children live on poverty – and the gulf is widening like never before. Why it will become that? So it is a problem that we need to consider and reflect that the real positive and negative to Indonesia for the new rules of the world.

Introduction

Part I, the positive to Indonesia

1.1 Creation of employment

With globalization, there are more foreign investment to Indonesia, means that the factory, company will be established in Indonesia, there is no doubt that it will creating the work opportunities for workers in different department to Indonesia to suppose the development of business.

1.2 Growth of creativity

The free market is a real form of economic globalization. The influence of globalization on Indonesia's economic development is the growth of creativity among economic actors Indonesia and increasingly global products - products made in Indonesia. With globalization, economic actors, are required to be increasingly creative to create products - products that not only compete with each other...