CCGL SELF PORTFOLIO 2.docx - CCGL SELF PORTFOLIO 2 Tahir Maria 3035468768 Word count 593(excluding citations Development of technology and integration


This preview shows page 1 - 2 out of 3 pages.

CCGL SELF PORTFOLIO 2 Tahir, Maria 3035468768 Word count: 593 (excluding citations) Development of technology and integration of economies has made globalization an inevitable phenomenon. Every little thing we encounter in our daily lives from our phones to the food we eat involves globalization. Therefore, it becomes vital to discuss whether globalization is beneficial or detrimental to our society. Globalization has aided the development of economy tremendously, especially in poor countries. Under globalization, organizations such as World Bank and the IMF have encouraged market transformation of developing countries by lending them huge sum of loans (Griffin, 2003). This has allowed them to open up their market. As a result, the developed countries can invest in these countries and allow developing countries to earn foreign direct investment (FDI) and boost their economies by providing them with job opportunities (Hirst & Thompson, 1994). Unfortunately, it comes along with severe inequality. Multinational corporations outsource production to developing countries because they can acquire inexpensive labour. They provide low wages and poor working environment for workers. The developing countries
Image of page 1

Subscribe to view the full document.

Image of page 2
  • Fall '16

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern

Ask Expert Tutors You can ask 0 bonus questions You can ask 0 questions (0 expire soon) You can ask 0 questions (will expire )
Answers in as fast as 15 minutes