Globalization and Germany
Globalization and Germany
In this day and age, globalization shines above all. It leads the world into its next level of
evolution, forcing its countries’ social and economic developments into full swing with each
passing moment. What is globalization? It is the unifying element brought on by the economies
and cultures of the world joining together. There are countries that gain benefits, but others that
lose theirs. For Germany, globalization is not beneficial.
So what is globalization? It unifies everyone. But it always existed in some way. Whether
it was the Egyptians trading camels with the British, or Asians trading with Muslims,
globalization is a deep part of our planet’s history. The effects of globalization are seen
everywhere. In America, one institution that does this is McDonald’s. McDonald’s exists in other
countries like Ecuador and Japan. In terms of the global markets, globalization has helped them
gain as much influence as politicians. It truly unifies the world, as money is something everyone
needs, and “any nation with heavy debt, including the US, is vulnerable” (Ganguly 1).
Globalization has brought about many kinds of benefits, some which are felt everyday.
Thanks to globalization, there is “a steady cash flow” (Ganguly 1) going to developing countries.
That in turn will allow them to boost their own economies. Also, it means that developing
countries are now a part of the global market, and can begin building their own credibility in the
world. With globalization, production of materials has spread to other countries, and that means
more options for companies when it comes to cost cuts and labor. As a result, the countries that
spend less with sending production overseas get their cheap labor, and the countries themselves
are allowed to jump on the bandwagon in the company’s success. Politics are a part of the
developments, as countries are
In this day and age, globalization shines above all. It leads the world into its next level of
evolution, forcing its countries’ social and economic developments into full swing with each
passing moment. What is globalization? It is the unifying element brought on by the economies
and cultures of the world joining together. There are countries that gain benefits, but others that
lose theirs. For Germany, globalization is not beneficial.
So what is globalization? It unifies everyone. But it always existed in some way. Whether
it was the Egyptians trading camels with the British, or Asians trading with Muslims,
globalization is a deep part of our planet’s history. The effects of globalization are seen
everywhere. In America, one institution that does this is McDonald’s. McDonald’s exists in other
countries like Ecuador and Japan. In terms of the global markets, globalization has helped them
gain as much influence as politicians. It truly unifies the world, as money is something everyone
needs, and “any nation with heavy debt, including the US, is vulnerable” (Ganguly 1).
Globalization has brought about many kinds of benefits, some which are felt everyday.
Thanks to globalization, there is “a steady cash flow” (Ganguly 1) going to developing countries.
That in turn will allow them to boost their own economies. Also, it means that developing
countries are now a part of the global market, and can begin building their own credibility in the
world. With globalization, production of materials has spread to other countries, and that means
more options for companies when it comes to cost cuts and labor. As a result, the countries that
spend less with sending production overseas get their cheap labor, and the countries themselves
are allowed to jump on the bandwagon in the company’s success. Politics are a part of the
developments, as countries are
Cited: "Debt and Unemployment: Is Global Capitalism Responsible? – Part I." YaleGlobal Online Magazine. Web. 26 Apr. 2010. . Ganguly, Poushali. "Pros and Cons of Globalization." Buzzle Web Portal: Intelligent Life on the Web. Web. 26 Apr. 2010. . "Germany and Globalization - Frank Richter." Strategic Foresight Group. Web. 25 Apr. 2010. . "Globalization 's Toll: Goodbye 'Made in Germany '? - SPIEGEL ONLINE - News - International." SPIEGEL ONLINE - Nachrichten. Web. 26 Apr. 2010. . Moses, Jonathon Wayne. "The Moral Argument." International Migration: Globalization 's Last Frontier. Bangkok, Thailand: White Lotus, 2006. Print. Richter, Frank J. "Germany and Globalization." Strategic Foresight Group, Oct. 2005. Web. 17 Apr. 2010. .