Ahh.. This topic has sparked debate ever since it has been introduced.

The debate of whether globalisation is good for the world or whether localisation is a better. This is a highly opinionated question and possibly would still be very difficult to answer many years from now. The only thing that can be done is to add your voice to either side of the argument and wait for one of the sides to win. OR we can just compromise and accept both the positives and negatives of both. I will however, only be elaborating slightly on globalisation as it is an issue that i feel has a stronger impact on me.

No doubt globalisation has been good for the world.

  1. More trade between nations (more free-trade agreements being signed)
  2. higher flow of communications (we probably will not know about the Japan disaster if not for globalised telecommuncations)
  3. more nations standing up to help out others in need (again Japan, and even Libya)
  4. increased flow of skilled and non-skilled foreign “talent” from undeveloped or developing nations as cheap labour. (Any of you want to sweep roads or prune trees on the CTE?)
  5. Many others to list all of them.

but one must also not be blind to the negatives that globalisation brings.

  1. Meltdown of one economy may lead to a global recession (subprime mortgage anyone?)
  2. increased flow of skilled and non-skilled foreign “talent” from undeveloped or developing nations as cheap labour. (do i even ned to elaborate?)
  3. increased chances of diseases and harmful foods from overseas. (Taiwan foodstuffs anyone? or beans sprouts fom Germany?)
  4. Again too many to list.

So is globalisation a good thing? Again, this is down to opinion. At times i love globalisation. But at times, i also detest globalisation. Ahhh… a fickleminded person i am.

So what are your views? Love it or hate it?