The Opportunities and Risks of Globalization

"As an ideology and process, globalization of the 21st century has become a major force of politics, economics and culture." From Manfred D. Steeg's "Globalism: New Ideology of the New Market", globalization is the most urgent issue today. It is one. It is everywhere in public places - Sound bytes and placards on television, websites and academic journals, parliament, corporate board and labor conference room. While enthusiastic supporters regard it as a high-speed elevator that achieves universal peace and prosperity, extreme opponents will make it poor the world's poor, enrich riches and destroy the environment Accusing them.

Due to the crisis of emerging markets in the 1990s globalization opportunities are not without risk - the risks posed by the instability of capital flows and the risks of social, economic and environmental deterioration caused by poverty. This is not the reason for reversing the direction, but all parties - developing countries, developed countries and, of course, investors - to build a strong economy and stronger global financial system to achieve faster growth It is to adopt policy change. Reducing poverty

The order and priority of coexisting factors is not important (eg systemic risk, global climate crisis, global economic and financial crisis, new demographics, new challenges, new opportunities, major obstacles and great opportunities Overcoming) The beginning of the third millennium (the first 10 years of the upper millennium) is a new place and you can not go to a new place through the old map. "Place" - here metaphorically mentioned - dramatic changes and subtle changes in the framework of 24/7/365 "real time"

In addition to identifying openness opportunities in the global economy while analyzing the current situation risks related to new dimension business and financial relationships are also seen. Indeed, there are signs that the gap is growing between developed and developing countries, and developed countries. The growing economic wealth achieved by the above process is accompanied by an increase in relative poverty

In early December 2000, Clare Short's Labor Party International Development Minister said, "Globalization brings opportunities and risks, if we can include the poorest people and the world in the global economy with more favorable terms, the World Bank's According to the survey, many African countries now meet the necessary conditions and are conditioned to make use of a more open trading environment.However, the problem is that many countries have deep financial sector and sufficiently While having a developed education system, many institutions and governance levels are below the level necessary for the poor to obtain sufficient profit.