Home > Economy, Web Communication > “Globalization is a fact of economic life” Carlos Salinas de Gortari

“Globalization is a fact of economic life” Carlos Salinas de Gortari

The real meaning of globalization is and how thas this conect with economic globalization and what the effects of such a terrible change will be for human societies in a near future.

Globalization presumes sustained economic growth. Otherwise, the process loses its economic benefits and political support” Paul Samuelson

In Wipikedia we can find the next explanation about globalization:

Globalisation (or globalization) describes the process by which regional economies, societies, and cultures have become integrated through a global network of political ideas through communication, transportation, and trade.

On the other hand this is the explanation that can be found in Wikipedia to describe economic globalization:

Economic globalization refers to increasing economic interdependence of national economies across the world through a rapid increase in cross-border movement of goods, service, technology and capital.[1] It is the process of increasing economic integration between countries, leading to the emergence of a global marketplace or a single world market[2]. Depending on the paradigm, globalization can be viewed as either a positive or a negative phenomenon.

After all this, we must focus on the emergence of a global marketplace or a single world market. This is in my opinion the biggest problem we are alredy facing due to the globalization. As one might expect , if we open the dors of our market, many important companies will came quickly  to go away with their main objective: make the biggest posible profit. In other words, generally speaking it will be a enormous growing up in competitiveness.

To be more precise, competition and company strategies are closely related to the reduction of production costs. After all, that directly affects to the workers conditions. Big companies are alredy moving their industry to poor countries to achive cheaper work force, where they can take the law into one’s own hands. Actually the number of unemployed people in rich countries is been reduce and on the same time social injustice in poor countries is growing up.Apart from other consecuences the globalization has a big effect in the  human rights all over the world.


  1. Globalization Quotes(2010,December 17) In Brainy Quotes. Retrieved: not found. From:http://www.brainyquote.com/quotes/keywords/globalization.html
  2. Globalization (2010,December 17) In Wikipedia: the free Enciclopedya. Retrieved: . From:http://en.wikipedia.org/wiki/Globalization
  3. Michael Porter (2010,December 17) In Wikipedia: the free Enciclopedya. Retrieved: . From:http://en.wikipedia.org/wiki/Michael_Porter
  1. December 20, 2010 at 8:38 pm

    Your references don’t follow recommended citation styles http://wiki.littera.deusto.es/en/index.php/WCT1011/Practicals/Evaluation#WordPress

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