Thursday, July 19, 2012

Globalization And Implications

Hi. Let’s talk on globalization.
To some people globalization is a jargon . Globalization is interpreted differently to deferent people. Of course this is normal because people ‘sees’ it from the context he or she is in. I looked in Oxford dictionary to get general meaning about global and it means “the whole world”. Well, we all understand, all countries encompass the whole world, then how come globalization is defined as “world without border”? Does border ceased to exist? Do Malaysia, Indonesia, Thailand and the rest have no border? Of course no. We are not talking about geographical border – borders define the sovereignty of a country. You see, the word border symbolize barrier. Think what happen when you across border, who do you, meet? immigrations, custom, police – you have to pass through to all these people; and these I mean as barrier. This may discourage you to go to other country. Beside people, distance can be considered as physical barrier. What happened if these barriers can be removed? Of course mobility of people and goods will be greatly increased. Globalization is about mass flow of people and goods (tangible) and information (intangible) currency (can be physical and cyber).

So, globalization is related to mobility, from perspective of medicine, we talk about the spread of diseases (remember H1N1 spread?). From perspective of International Business, it can be referred products, capitals, services and labor. And we can define globalization as increase mobility of goods, capital, labor and services that transact to various countries.

In the era of globalization we experience change; some may benefit and some in forms of consequences. Agree? Well, it depends on which lens you are looking to. I think it is good to discuss this issue as a starting point. Let’s hear from you now. You are free to leave your opinion.


Noordin Yahaya