Essay about Globalization and Localization - 1526 Words

The world is a constantly changing place and the relationships, or lack there of, of the people in it are the primary source of the change. Growing partnerships and the creation of a global community are being encouraged and defined by the term known as globalization. At the same time, the need for tradition and individual culture has perpetuated localization. Events that happen everyday around the world prove that both of these phenomena do have a prominent role in our society, and by studying these occurrences, we can better explain the benefits and consequences of the circumstances. Globalization can best be seen in the political and economic realms of society. In general, globalization is an open door type of policy in which†¦show more content†¦The force of many nations pushing down on one nation, has a greater impact than if only one country was making these demands. To know that a global council, the U.N. is willing to take action against you if you do not concur, there is a great strain to give in to the pressure. The strength of many political units is supreme to just one. On the contrary, localization pushes for the independence of one culture and nation from another. This idea intends for all advances within a people to come form that people. Here, there is a stress on distinctiveness. Political ideas stem from what a nation as a whole wants, and feels is the right way to govern themselves. They use their own experiences to lead them. This can help them to build unity throughout their society. Economic interests can flourish in localization when concerns of padding your own wallet come into play. If there is too much open trade, and outside nation can start to dominate your national economy. If this happens, then there is the issue of jobs at home. If your own people aren’t producing products, what are they doing. The job market of your nation with be hurt, and the economy will not be able to survive if no one has any money. By relying on yourself (your nation), there is the possibility that you can maintain stability without any outside influ ences. Therefore, all the moneys being exchanged within the nation will be used in the nation. The major drawback toShow MoreRelatedGlobalization And Localization Of Globalization1093 Words   |  5 PagesGlobalization and Localization Globalization is a process of integration, interdependence and development of financial, trade, economic, and communications throughout the nations in the world. It spreads goods, services, ideas and technology to all areas of the world. Also, Localization ensures that products and services are within what certain areas or people want and need in a particular market and allows them to adapt to the different cultures. These terms are important because, we need to helpRead MoreGlobalization and Localization3708 Words   |  15 PagesAnalyze issues of globalization and localization Abstract: How hotel companies keep being successful in international hotel industry (IHI). Nowadays, the stiff hospitality industry situation puts more stress on hotels, especially on international ones. Furthermore, clients who purchase hotels’ products are not only for a place to stay, but more eager to pursuit for an impressive accommodation experience. Globalization helps hotel corporations represent themselves to the world and succeed in operationRead MoreIscuss the Influence of Globalization and Localization1477 Words   |  6 Pages* Discuss the influence of globalization and localization when it comes to marketing brands. Modern business imperatives dictate that companies adopt a strategy of marketing both locally and globally if they have to compete or capture a significant portion of the market. The concept of global village means that the global market is shrinking and barriers that used to be impenetrable are breaking down allowing for businesses to market their brands out of their traditional market strongholds. TheRead MoreEssay on Globalization and Localization in International Politics951 Words   |  4 Pagesother countries is very important to the American economy. Likewise, American influences are important internationally as well. This aspect of the international economy is commonly called globalization. Globalization, as defined by James N. Rosenau in his article The Complexities and Contradictions of Globalization, simply describes the process under which norms, businesses, ideas, products, and other aspects particular to a certain country that are integrated into the everyday life of other countriesRead More Pros and Cons of Globalization and Localization Essays1487 Words   |  6 Pagesenough, America does not only reap the benefits of globalization, but it also basks in the glory of localization. We have, as a country, experienced much success both internationally and domestically. For example, without our international businesses booming the way they are, our country would suffer from a great economical loss. One third of the growth of our economy comes from exports. (The New York Times, 9/15/98) On the other hand, localization brings the citizens a great sense of nationalismRead More Costs and Benefits of Globalization and Localization Essay1174 Words   |  5 PagesFor one to understand the costs and benefits of globalization and localization one first needs to understand what each entails. Globalization is when a country involves itself into international affairs, economically, politically or even possibly culturally. Globalization expands beyond the loc al boundaries of a nation and spreads into other communities throughout the world. Localization is when a country chooses not to participate in global affairs and confines itself and its people from takingRead More Globalization Will Prevail Over Localization Essay1079 Words   |  5 Pagescosts and benefits of both Globalization and Localization. Opinions vary greatly concerning this subject. Depending on what part of the world you are from and what your economic standings are you may have an entirely different opinion than someone else. In some aspects Globalization may lessen the impacts of some environmental problems, but may worsen it in others. Before I get to in depth I will clarify the difference between Globalization and Localization. Globalization, in simple terms, is theRead MoreEssay about Globalization Is Superior to Localization1665 Words   |  7 Pagesreferred to as globalization. According to James Rosenau (1997), globalization is a label that is presently in vogue to account for peoples, activities, norms, ideas, goods, services, and currencies that are decreasingly confined to a particular geographic space and its local and established practices (p.15). Even though it seems that the majority of countries are integrating, the rest of the countries believe in the opposite, that is localization. Rosenau (1997) defines localization as a processRead MoreEssay Costs and Benefits of Globalization and Localization2526 Words   |  11 PagesGlobalization is unstoppable. Even though it may be only in its early stages, it is already intrinsic to the world economy. We have to live with it, recognize its advantages and l earn to manage it, said Maria Livanos Cattaui in her article, The global economy - an opportunity to be seized (Business World, 1997). Many authorities agree that as the world enters into the twenty-first century, many economic, political, and cultural changes will take place due to what some people are simply callingRead MoreThe Pros and Cons of Globalization and Localization Essay1776 Words   |  8 PagesBefore I start explaining globalization and localization from my point of view and from what I learned from the article given for the assignment, I would like to define the word. Globalization is a term to denote that something is changing humankind’s preoccupation with territoriality and the traditional arrangement of the state system. Globalization is renders boundaries and identity with the land less salient, which means that it allows people, goods, information, norms, practices, and institutions