Negative Impacts of Globalization.

Globalization is the process by which all people and communities come to experience on increasingly common economic, social, and cultural environment. Globalization presents good and bad opportunities for compromise but also gives rise to new issues and tensions. Globalization, which is closely associated with rising and international trade, has strengthened the rapid production, trade and consumption of material goods in abnormal volumes. There are several reasons why globalization has a negative impact on the environment.

The first reason is that it uses up finite resources quicker. As an example, in 2001, China joined the world trade organization and its coal consumption rose rapidly. The second reason is that globalization makes it nearly impossible for managers in one country to discern the worldwide conclusion of their actions. Actions would seem to reduce emissions for an individual country, may indirectly encourage world trade, and ramp up manufacturing in coal-producing areas. Thirdly, globalization acts to increase world oil prices. It transfers jobs from developed countries to less developed countries. It levels the playing field in a way that makes it hard for developed countries to compete.

Globalization transfers investment spending from developed countries to less developed countries. It encourages dependence on other countries for essential goods and services weakening the local economy and trade. Lastly, globalization ties countries together, so that if one country collapses, the collapse is likely to ripple through the system, pulling other countries with it. The country of our choice, Belize, has also been negatively impacted by globalization. According to Douglas Reeser, "Globalization and global capitalism are certainly messy in Belize, especially in the southern-most part of the country...Once dominated, and largely ignored but the British, Belize, in general, is now more closely related to the U.S. network of consumer capitalism. Still and especially in the south, it sits on the margins, unable to find a way to even the playing field." Belize is in a large amount of debt, the whole country was made of less than 350,000 people in the year 2012. Poverty rates are close to the worst in the region, and the unemployment rate reaches up to 20%. Globalization has not been kind to the country of Belize.

Figure 1: pictured above is a graph that shows the domestic

Investment compared to consumption of assets.

Works Cited:

"..:recycled Minds:..: Tilting Towards the Local: Uneven Globalization in Belize." ..:recycled Minds:..: Tilting Towards the Local: Uneven Globalization in Belize. N.p., n.d. Web. 02 Dec. 2014.

"Twelve Reasons Why Globalization Is a Huge Problem." Our Finite World. N.p., n.d. Web. 30 Nov. 2014.

Figure sources:

Figure 1:Figure 1: https://www.google.com/search