Anti-globalization arguments Essay Example | Topics and Well Written Essays - 1500 words - 6

Anti-globalization arguments - Essay Example Also, how the proponents of globalization have responded to these criticisms has been discussed in the analysis. The report also includes a discussion of the ways in which the supporters of globalization have presented their views to negate the anti globalization arguments. The report is concluded by summarizing the findings and presenting a derived view of the topic. Globalization is a dynamic aspect which includes wide varieties of dimensions like economic dimensions, social dimensions, political dimensions, cultural dimensions, environmental and security dimensions and so on (Goldin and Reinert, 2006). The advent of the globalization era has changed the way corporations across the world function and has also had metamorphic effects on the way the global industries function. The access to international markets and global production capabilities offer the companies with extraordinary scopes of expanding their businesses and ensuring continued growth and profitability. Also, globaliz ation acts as a powerful catalyst in the stimulation of innovations and technological advancements in different sectors (Hoekman and Nicita, 2011). However, there is no doubt regarding the fact that that function on an international platform face complex and inherent challenges associated with the conducting of business in compliant and ethical ways that meet the distinct high standards as set by the constituencies. The access to international markets and global production capabilities offer the companies with extraordinary scopes of expanding their businesses and ensuring continued growth and profitability. Also, globalization acts as a powerful catalyst in the stimulation of innovations and technological advancements in different sectors (Hoekman and Nicita, 2011).