Globalization

Globalization is a double-edged sword to the countries all over the world.

Benefits of globalization are obvious. One big global market is established, on which each nation will observe the same rules to do business and share the benefits. In politics and social life, there are more communication and contact between different countries and areas. People at one end of the world can very soon be informed of what happens at the other end. Things that occur all over the world now seem to be in our neighborhood. Globalization makes goods that used to be unimaginable in our life available now. Natural resources and labor resource are able to circle around the globe and can be better used. Prices of many goods will be more reasonable and life will be more convenient.

However, each coin has two sides. While enjoying the benefits brought by globalization. we are also faced with some problems. The developing countries are put in an "edged" position. They sacrifice their integrity and lose more and more traditions under the powerful influence from western world. The world tends to be turned quite universal, where everything will be similar to everything else, which might be quite dull and monotonous.

In order to survive the competition of globalization, we must go along with the historic tide of globalization, and actively cope with the opportunity and challenge that the economic globalization brings.