Increased interdependence among nations Essays

Increased interdependence among nations Essays Increased interdependence among nations Essay Increased interdependence among nations Essay Globalization has made it easier for nations to obtain the goods or services that they need from other countries. With the assurance that they can easily import life essentials such as food and clothing, many countries have reduced or completely stopped the manufacturing of these products. They instead focus their energy on offering financial services or medical services to other nations. One such country is India (Boudreaux 68). Most third world countries rely on developed countries for the provision of machinery and computers. This arrangement is beneficial to all the parties involved. However, it is not stable as it appears to the naked eye. If something should happen to cause further destabilization, then all the parties involved will suffer (Weinstein 98). If, for instance, a developing country that relies on a developed country for machinery lacks the capital required for importation, many businesses in that county will suffer. All countries are financially dependent on their trade partners. The U.S. dollar is used as the world currency in the financial market. Today, the U.S. economy is much stable than it was during the Great Depression. However, should the U.S. economy fall or destabilize, all other countries will face the consequences as well. The only nations that will be safe in such a situation are those that are fully dependent on globalization for their survival (Weinstein 165). Many of these nations are the third world countries, especially in Africa, that are believed to have nothing to offer to the world economy. Increased Rate of Unemployment Since the 2008 economic recession, the rate of unemployment in the U.S.A. and many developed countries has gradually gone up. Contrary to this, developing countries are experiencing a much lower rate of unemployment (Boudreaux 150). The wage policies and environmental protection laws in developing countries are much lower compared to those in the developed countries. Because of this, many corporations are investing in developing countries, hence creating more jobs. More job opportunities are lost to the developing countries due to frequent capital transfers from the developed nations (Boudreaux 154). To solve unemployment in the developed countries, more protectionism laws need to be put in place by the developing countries (Weinstein 189). These laws will protect the workers from developing countries from exploitation by the multinational corporations that are out to make more profits by hiring cheap labor. Developing countries are importing more products from the developed countries. The result of this is the closing down of many local industries, hence increased rate of unemployment (Boudreaux 134). One way of reducing unemployment in the developing nations is to regulate imports and encourage local production of good, thus creating more job opportunities. Exploitation of Developing Countries At the onset of globalization, there was the glamour of people having the chance to world oversees and conduct their business with much ease. While this has become a reality for many people, the negative impacts of the same are just beginning. Globalization has made it easier for the transferability of industries and jobs to the developing countries (Weinstein 186). All this is an attempt to lower production costs, have a lower wage bill and increase profitability in the corporation. Today, many U.S. industries have shifted their operation to either China, India or in some parts of Asia. A similar situation is developing in Australia. China, India and Asian countries produce goods at lower costs due to availability of raw materials. They also offer cheaper labor compared to the developed countries. The companies make more profits. The profits go back to the developed countries for more development. The third world countries are left struggling economically, despite the fact that they are in charge of manufacturing (Weinstein 197). The transfer of jobs to the developing countries may be viewed as a way of creating more jobs. However, it comes at a big cost as many people are paid less than $3 per hour. With the current living standards, this is barely enough to put food on the table. This can be solved by the developing countries putting into place better wage policies for their citizens. Before accepting to manufacture goods for a developed country, developing nations should sign contracts that call for financial benefits. The profits should also be reinvested in the developing country that production is taking place. Corporations should also be advised to pursue a more realistic approach to making profits (Casper 124). One such approach is one used by Henry Ford, where he paid his workers enough money that they could afford to purchase the same products that they were manufacturing. The lack of government regulation is another factor that contributes to the exploitation of third world countries. The governments in these nations need to step up to defend their economies and citizens. Establishment of minimum wage rates will help the people live better lives. Government agencies need to be created to help in the regulation of multinational companies that set base in developing countries. Cultural Erosion The observable impact of globalization is cultural erosion, especially in the developing countries. Prior to modernization and globalization, developing countries held their traditional way of life dearly. Their mode of dressing, eating habits, socialization of children, the value of placed on marriage and other cultural practices were passed from one generation to another. Today, the western culture is more prevalent in the world (Boudreaux 234). Few countries have held to their originality as many have taken up what is in fashion today. Today, practices such as alcoholism, drug abuse, sexual immorality and divorce are at an all-time high. It is high time that traditional values are brought back to the society before moral degradation destroys us. We still have our grandparents who can play the role of reminding us what their ancestors practiced. Cultural exhibitions should be held frequently to remind the youths of their roots. Increased Competition in the Market Due to globalization, many countries have eased up their trade regulations. This has made it easy for external companies to penetrate local markets, posing a threat to their operations. Multinational companies are able to set base in any country they so desire due to free trade policies and availability of capital. More businesses have come up, as people try to take advantage of the cheap labor, easier modes of transportation and higher demand of good and services, both locally and internationally (Weinstein 203). Each new business tries to outdo the other in terms of offering better products and services at affordable prices. This competition is healthy and dangerous at the same time. In a bid to lower prices, many companies are offering counterfeit products, which could be harmful to the consumers (Dollahite and Haun 156). Policies need to be put in place to regulate the number of businesses within a particular sector. This will help to control competition and reduce instances of fake and low quality products. Increased Health Hazards As mentioned before, globalization has caused serious environmental pollution. More industries have come up because of globalization. Many nations lack strict environmental laws. Industries have taken advantage of this fact by emitting dangerous gases into the air while manufacturing their products (Boudreaux 253). This has caused air pollution, which has in turn resulted into more air borne ailments. Today, asthma, pneumonia and respiratory diseases are at an all-time high because of breathing in polluted air. The noise made by the industries in the course of their operations has caused serious damage on the hearing of the employees and the people living close to the industries (Haldar 202). Waterborne diseases such as cholera and typhoid are on the rise due to disposal of waste products in water sources. Many industries lack proper waste disposal methods. They dispose their waste products haphazardly, completely ignoring the dangers associated with a dirty environment. Many trees have been cut down to create space for the creation of more industries. This habit has resulted in less rain for many countries. In the end, this has resulted in soil erosion, drought and famine (Haldar 230). These events have caused the death of so many people due to starvation. Every country needs to come up with strict environmental laws. Hefty penalties should be put in place for any individual or company that is caught polluting the environment. Social groups should involve themselves more in environmental clean-ups. In conclusion, globalization has achieved its potential but has caused several negative effects that are doing more harm to the people. It is imperative that globalization be redesigned in such a way that its negative impacts are reduced. Bearing in mind that globalization affects important areas such as democracy, the environment and the economy, policies should be put into place to regulate it. Developing countries need to step up and offer financial and planning aid to the developing countries. There is need to restructure the current international financial system to cater for the needs of both poor and rich nations. Globalization is meant to improve the living standards of all those involved. For this to be achieved, a human face needs to be put in globalization. Bibliography Boudreaux, Donald J. Globalization. Westport, Conn: Greenwood Press, 2008. Casper, J. K. Changing Ecosystems: Effects of Global Warming. New York: Infobase Pub. , 2010. Dollahite, Nancy E and Julie Haun. Sourcework : academic writing from sources. Boston : Heinle/Cengage Learning, 2012. Haldar, I. Global warming: The causes and consequences. New Delhi: Mind Melodies. , 2011. Houghton, J. T. Global warming: The complete briefing. Cambridge: Cambridge University Press, 2009. Jones, L., Fraser Institute. Global warming: The science and the politics. . Vancouver: Fraser Inst., 1997. Weinstein, Michael M. Globalization : whats new? New York: Columbia Univ. Press, 2005.

Should You Really Go to College Out of State Pros and Cons

Should You Really Go to College Out of State Pros and Cons SAT / ACT Prep Online Guides and Tips One of the most important decisions you'll make in the college research process is where in the country to focus your search. Going to school out of state has its benefits, but is an out-of-state college the right choice for you? In this article, I’ll give you the general pros and cons of attending an out-of-state college and provide some guidance on whether you should apply. What’s the Difference Between Out-of-State and In-State Colleges? Out-of-state colleges differ from in-state colleges mainly in the fact that they’re, well, not in your home state.The term â€Å"in-state colleges† is primarily used to refer to public universities in your home state because this usually means a lower tuition price tag.For private colleges, in-state and out-of-state tuition are usually the same.The two main qualities that differentiate out-of-state colleges from in-state colleges are that out-of-state colleges are farther away from your hometown and more expensive than in-state colleges. Pros and Cons of Out-of-State Colleges Pros You’ll be able to explore a new area and get outside your comfort zone. You’ll meet more people from different backgrounds and be more incentivized to make new friends. You’ll have more independence and get a feel for what it’s like to live on your own. Tons of choices! If you’re open to attending college out of state, you’ll have a huge range of different types of schools to choose from and won’t be limited by what your state offers. Cons You'll pay a higher tuition price for an out-of-state college than you would for an in-state public university. You’ll miss out on any savings you might get from living at home and commuting to an in-state school. You’ll be further away from home, so you won’t be able to rely on your family for support as muchor see your old friends as often. You might feel isolated or lonely in an unfamiliar place. Should You Go to an Out-of-State College? Is an out-of-state college right for you? There’s a couple of personal factors you should consider now that you understand the general positives and negatives. First, how important is the cost of college to you and your family?Out-of-state tuition is usually pricier than in-state tuition. The average tuition price is $9,139 for in-state students and $22,958 for out-of-state students (both at public colleges).If you plan on attending a private college, however, in state and out-of-state tuition rates will be more similar.Discuss financing college with your family and do some research. To reduce your student debt, you may decide that an in-statepubliccollegeis the bestoption. You should also ask yourself how far from home you want to be for college.Some students deal with the transition from high school to college better than others, and it can be tough to be in an unfamiliar place without access to your usual support system.During other times of change in your life, such as switching to a new school or moving to a new town, did you adapt well or did you struggle?This should give you clues as to how you might deal with settling into a new environment in college.If you think you’ll be all too happy to be away from your family and start meeting new people, you may thrive at an out-of-state school where you can re-establish your identity. Dye your hair purple, get a mohawk, and never look back. Researching Out-of-State Colleges If you want to attend an out-of-state college, you have a lot of options to sift through.The next thing to think about is whether you want attend a public or private college and if you’re interested in a specific area of the country.There are manycollege search resources online that will help you narrow down your search.You can also look at thisguide to choosing a college to get ideas on what other questions to ask yourself about your preferences. Try signing up for a profile on Cappex, which will give you the opportunity to identify your preferences on location, size, and other factors. It will also ask you to share your academic statistics so you can find out your chances of admission at different schools.You’ll be matched up with colleges that fit your criteria, or you can search for schools by name if you have some in mind.Each school has a full profile that lists relevant statistics and facts about campus life. If you’re interested in a school, add it to your running list of options and compare it with other colleges to see how it measures up.In your profile, you can specify how far away from home you want to be so that you’ll only get recommendations for out-of-state schools. Summary Out-of-state schools may be right for you if you're looking for new experiences and some distance from your hometown.If you think you want to attend school out of state, you’ll have a huge variety of colleges to choose from that each possess many different qualities that may make or break your experience. Depending on how important cost and proximity to your hometown are for you, you may or may not decide that out-of-state schools are the best choice.Get started researching schools now so that you can start narrowing down your options! What's Next? How much does it really cost to go to college? Learn about the financial realities of attending college in this article. If you plan on attending an out-of-state college, you'll be choosing between schools that come in a variety of sizes. Read this article to learn whether you're better suited to a large or small college environment.For more specific information on small colleges and what they're like, take a look at this article. Thinking about applying to some of the most selective schools in the country? Check out this guide on how to get into Ivy League and other highly competitive colleges. Want to improve your SAT score by 160 points or your ACT score by 4 points?We've written a guide for each test about the top 5 strategies you must be using to have a shot at improving your score. Download it for free now: