Disadvantages Of Globalization In Canada

Globalization, as a concept of interconnectedness, is rooted deeply in almost every country in the world for thousands of years. The increasing international integration and interaction of products and ideas are not only advantageous but also disadvantages to the world-wide development. The influences are mainly reflected in three aspects, politics, economics and culture. For political globalization, with the central pillar of cooperation, the supranational actors lead and dominate the world at the same time. Over the last several years, the influence and power of international institutions have raised greatly, like the United Nations. Through spreading values of peace and stability, the risks of invasions are reduced. For example, the United

Some ambitious big countries with relatively more power often attempt to shape the decisions made for their own benefits, which leads to the reduced sovereignty of some small countries. The binding economies and global consumption trends formed by economic globalization cause not only economic growth and diversification but also cut-throat competition and contagion effect. With optimized supply chains, consumers in one country are able to get a variety of low cost goods from different countries, which have raised the standard of living for most people. For example, people in Canada are able to eat fresh exotic fruits and vegetables in winter so their lives are much easier. With the trade happening around the world, increased production sectors, retailing industries and raised options for investments can diversify the global market. For instance, people in Canada can go out to eat in Thai restaurants and watch French movies. Nevertheless, due to the global trade network, there is a fierce international competition. Some small industries struggle to compete with the large international ones. In other words, people are most likely to buy things from transnational