Globalization A Cost and Benefit Analysis POLS 2070

Globalization: A Cost and Benefit Analysis POLS 2070: Contemporary Social and Political Issues TEAM ONE: Kourtney De. Freece, Doni Klein, Connie Mayer & Emma Okul

BENEFITS OF GLOBALIZATION 1. Improved Status of Women in Developing Countries • • • vital part of the workforce to help contribute to economic growth contributions important to services they produce spend their income on things vital for social progress o o o Education Health Nutrition for families Geddes, Pete. "The Benefits of Globalization. " FREE - Foundation for Research on Economics & the Environment. 07 Jan. 2004. Web. 07 Aug. 2010. <http: //www. free-eco. org/article. Display. php? id=378>. 2

BENEFITS OF GLOBALIZATION 2. Improved Health, Life Expectancy and Food Supply in Developing Countries • • 1950's: 178/1000 children born died before their first birthday Late 1990's: 64/1000. Average life expectancy has risen 15 years. Decrease in child labor of 17%. Geddes, Pete. "The Benefits of Globalization. " FREE - Foundation for Research on Economics & the Environment. 07 Jan. 2004. Web. 07 Aug. 2010. <http: //www. free-eco. org/article. Display. php? id=378>. 3

BENEFITS OF GLOBALIZATION 3. “Exportation” of Western Values • Example: Chinese and Saudi Arabian tolerance for homosexuality o Western perception of “human rights violations” could damage trade ties, and thus limit economic expansion Geddes, Pete. "The Benefits of Globalization. " FREE - Foundation for Research on Economics & the Environment. 07 Jan. 2004. Web. 07 Aug. 2010. <http: //www. free-eco. org/article. Display. php? id=378>. 4

BENEFITS OF GLOBALIZATION 4. Improved educational opportunities • Differences in education = source of inequality o o Learning to learn (leisure) Learning to do (skills) Learning to live together (understanding of others = conflict management Learning to be (acting with autonomy, judgment, personal responsibility) Bakhtiari, Sadegh. "Clobalization and Education: Challenges and Opportunities. " International Business & Economics Research Journal 5. 2 (2006): n. pag. Clute Institute Online Journals. Web. 9 Aug. 2010. 5

BENEFITS OF GLOBALIZATION 5. Expanded “green” technologies for energy production • • Sharing of information and technology leads to expanded use of environmentally-friendly technologies Exports of green technologies benefit the U. S. economy by creating and sustaining jobs here at home and by increasing revenues "Globalization and Global Warming: Green Technology (Part 2) | Global Students Network. " Global Students Network. N. p. , 24 May 2010. Web. 9 Aug. 2010. <http: //globalstudentsnetwork. com/globalization-and-global-warming-green-technologypart-2/>. 6

NEGATIVE ASPECTS OF GLOBALIZATION 1. Public Health Spending • • detrimental effects on the rates of certain infections such as tuberculosis, AIDS/HIV and other STDs certain outbreaks of infectious diseases are themselves associated with significant costs in terms of lost trade and tourism revenue Kawachi, Ichiro & Wamala, Sarah, “Globalization and Health”, Oxford University Press, pg 21. 7

NEGATIVE ASPECTS OF GLOBALIZATION 2. Increased Poverty Gap in developing nations • Rich get richer, poor get poorer Fifty-sixth General Assembly, Third Committee, 7 th Meeting(AM) Press release, http: //www. un. org/News/Press/docs/2001/gashc 3631. doc. htm 8

NEGATIVE ASPECTS OF GLOBALIZATION 3. Job insecurity • • Outsourcing of white collar jobs to countries like China. Less and less jobs for individuals in developed countries. R. William. Globalization and the Offshore Outsourcing of jobs. The State University of New York. 9

NEGATIVE ASPECTS OF GLOBALIZATION 4. Exploitation of Labor • • Use of prisoners, children Poor working conditions Substandard safety Exploitation of women o Seen as more docile and productive in parts of India Negative Effects of Globalization, from the website: http: //global_india 1. tripod. com/negative. htm 10

NEGATIVE ASPECTS OF GLOBALIZATION 5. Extinction of Culture in Developing Nations • • • As people travel far and near, exchange ideas through interaction or media, the sense of who “we” are changes. “Mc. Donaldization” = spread of fast foods. “Americanization” = U. S. spreading values and habits. Globalization and Culture by John Tomlin, retrieved from the website http: //www. sociology. emory. edu/globalization/books. html 11