Examples of Globalization’s Impact
Globalization is far reaching in this day and age. Globalization is the worldwide flow of goods, services, money, people, information, and culture. It leads to a greater interdependence and mutual awareness among the people of the world (Tischler, 2011, 2007, p. 430). One non-Western culture that has been impacted by globalization is China. An example of the impact of globalization on China is their economy. Since joining the World Trade Organization, China has transformed from a culture that relied on economic self-sufficiency and shunned the thought of globalization to an economy that is progressively more open to trade and foreign investment.
The second non-Western culture that has been impacted by globalization is India. The impact of globalization on India has altered the way women are viewed, treated and bound by their society. With globalization impacting India, both men and women of all ages are able to see other cultures varying outlook on women in society, this has impacted India in the way women are looked upon in their society.
Circumstances Before and After Event
The Chinese culture before the transformation of globalization was one of the world’s most significant opponent of globalization. Before globalization, China relied on a self-sufficient economy and shunned the global economic order. China opposed the major global institutions such as the IMF and the World Bank. Under communist rule, China believed that global disorder was a good thing, and under it, actively promoted disorder throughout the world (Overholt, 2005). The Chinese culture after the transformation of globalization has embraced the idea of globalization by not looking at the global financial institutions with dejection. China is now a participating party to institutions like the IMF. China also entered the World Trade Organization (WTO) in December 2001 after more than two decades of
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