Positive and Negative Effects of Globalization

Abstract

Although globalization cannot ensure worldwide stability and economical equilibrium, or full environmental protection, its positive effects mainly regarding the trading development and the access to new markets are undeniable. Also, there should also be emphasized the opportunity for rather poor countries of developing in an extremely rapid rhythm due to access to new technologies, products and information, access to direct investments and loans. Among the negative effects there are: first poverty, persisting in the under-developed countries, the issues regarding the environmental protection and ensuring full democratic expression. Last, globalization should be regarded in view of the influence it has over the consumer economical entities