Globalization

Globalization

“US declares swine flu 'emergency”

President Barack Obama has declared the current outbreak of swine flu in the United States a national emergency.

White House officials say the announcement gives medical officials more freedom to tackle the disease - allowing them to bypass certain federal requirements when implementing emergency procedures.

Alix Kroeger reports

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Source: http://news.bbc.co.uk/2/hi/8324510.stm

The negative effects of globalization

Developed nations have outsourced manufacturing. That means less jobs for their people. This has happened because manufacturing work is outsourced to developing nations like China where the cost of manufacturing goods and wages are lower. Programmers, editors, scientists and accountants have lost their jobs due to outsourcing to cheaper locations like India.

Globalization has led to exploitation of labor. Prisoners and child workers are used to work in inhumane conditions.

Safety standards are ignored to produce cheap goods.

Job insecurity. Earlier people had stable, permanent jobs. Now people live in constant fear of losing their jobs to competition. Increased job competition has led to reduction in wages and consequently lower standards of living.

Terrorists have access to sophisticated weapons. Terrorists use the Internet for communicating among themselves.

Companies have set up industries causing pollution in countries with poor regulation of pollution.

Fast food chains like McDonalds and KFC are spreading in the developing world. People are consuming more junk food which has a bad impact on their health.

The benefits of globalization are not universal. The rich are getting richer and the poor are becoming poorer.

Bad aspects of foreign cultures are affecting the local cultures through TV and the Internet.

Deadly diseases like H1n1/AIDS are being spread by travelers to the globe.

Local industries are being taken over by foreign multinationals.

There is increase in...