Introduction: My subject of essay 3 is about economic globalization. Globalization is a wide
topic which is relatively hard to explain and to write about. So I mainly focus on the economy
side of globalization. For example, the global trade, the open economy to world wide. My
purpose of writing is to let people know what economic globalization really is and how it will
affect my life, than proving it will benefit people, especially those in third world countries,
instead of harming people more. My audience will be those who hold the opposite opinions
from me and those who have no idea about what economic globalization is. The timing will
be recent 20 years.
Rationale: The reasons why this topic is important to us all, that almost everyone in the
society will affect by that, is economic globalization appear in every cornor in our life.
The groceries we buy, the cars we drive, the clothes we are wearing and even the reason
why I need to write this essay is the product of economic globalization (as international
student). For example, the label with “Made in China” on the product is a typically example
of economic globalization, with refering to the global trade side. Without the economic
globalization, our life can be much different from now. For myself, not only the status of
international student, the cellphone I use is from America; the clothes I am wearing is made
in Tailand; the car I drive is from Japan and my furnitures are from Sweden, and I am not the
only one enjoys the benefits from economic globalization. That is why it matters not just me,
but everyone.
Research Plan: What I have already know is that Economic globalization is the increasing
economic interdependence of national economies across the world through a rapid increase
in cross-border movement of goods, service, technology, and capital. Whereas globalization
is centered on the rapid development of science and technology and increasing cross-border
division of labor, economic globalization is propelled by the rapid growing significance of
information in all types of productive activities and marketization, and the advance of science
and technologies. Depending on the paradigm, economic globalization can be viewed as
either a positive or a negative phenomenon. (Wikipedia). There are people argue about that
since the day the concept was came out. I have searched for many benefits and drawbacks it
will bring us and I know most people argue that since it somehow benefits more in developed
countries rather than needy countries. What I still remain unknow or still need more research
is the way to solve those problems the economic globalization will bring us. On the other
word, to prove that the drawbacks it will bring us is not the reason we stop economic
globalization. His benefits are much more than disadvantages.
Implications: As I have mentioned before in the Rationale section, the issue does not
only matter to me, but everyone lives in the society, on this earth. Once we successfully
solve the problems that economic globalization will bring to us, or find the way to fix
those disadvantages less worse, a even better world will be waiting. We are not just argue
for ourselves, but for whole world, for whole world’s future. On the other hand, even the
drawbacks still remain nowadays, but it does not really affect countries to implement the
policies to remain open and keep trading. So the economic globalization is somehow the
tendency we are experiencing now but not just the policies we discuss whether to implement
or not.