Advantages and Disadvantages of Globalization Essay

When discussing the drawbacks and benefits of globalization, essays tend to be on the longer side. The example below is a brief exploration of this complex subject. Learn more in this concise globalization pros and cons essay.

Introduction

  • Benefits and Disadvantages of Globalization

Reducing Negative Effects

In today’s world, globalization is a process that affects all aspects of people’s lives. It also has a crucial impact on businesses and governments as it provides opportunities for development while causing significant challenges. This paper discusses the advantages and disadvantages of globalization using evidence from academic sources. The report also suggests how governments and companies may implement to reduce the negative impact of the process.

Benefits and Drawbacks of Globalization

Globalization is a complex concept that can be defined by the process of interaction between organizations, businesses, and people on an international scale, which is driven by international trade. Some people may associate it with uniformity, while others can perceive it as the cause of diversification. The reason for such a difference in public opinion is that globalization has both advantages and disadvantages that should be analyzed.

The most significant positive aspects of globalization include global economic growth, the elimination of barriers between nations, and the establishment of competition between countries, which can potentially lead to a decrease in prices. Globalization supports free trade, creates jobs, and helps societies to become more tolerant towards each other. In addition, this process may increase the speed of financial and commercial operations, as well as reduce the isolation of poor populations (Burlacu, Gutu, & Matei, 2018; Amavilah, Asongu, & Andrés, 2017).

The disadvantages of globalization are that it causes the transfer of jobs from developed to lower-cost countries, a decrease in the national intellectual potential, the exploitation of labor, and a security deficit. Moreover, globalization leads to ecological deficiency (Ramsfield, Bentz, Faccoli, Jactel, & Brockerhoff, 2016). In addition, this process may result in multinational corporations influencing political decisions and offering unfair working conditions to their employees.

Firms and governments can work on eliminating the negative effects of globalization in the following ways. For example, countries should work on microeconomic policies, such as enhancing opportunities for education and career training and establishing less rigid labor markets. In addition, governments can build the necessary institutional infrastructure to initiate economic growth. To solve the problem of poor working conditions, it is vital to establish strict policies regarding minimum wages and the working environment for employees. A decrease in the national intellectual potential may be addressed by offering a broad range of career opportunities with competitive salaries, as well as educating future professionals on how their skills can solve problems on the local level.

Companies, in their turn, may invest in technologies that may lead to more flexible energy infrastructure, lower production costs, and decrease carbon emissions. They can also establish strong corporate cultures to support their workers and provide them with an opportunity to share their ideas and concerns. Such an approach may eliminate employees’ migration to foreign organizations and increase their loyalty to local organizations. It is vital for companies to develop policies aimed at reducing a negative impact on the environment as well by using less destructive manufacturing alternatives and educating their employees on ecology-related issues.

Globalization has a significant impact on companies, governments, and the population. It can be considered beneficial because it helps to eliminate barriers between nations, causes competition between countries, and initiates economic growth. At the same time, globalization may result in a decrease in the national intellectual potential, the exploitation of labor, and ecology deficiency. To address these problems, organizations and governments can develop policies to enhance the population’s education, improve working conditions, and reduce carbon emissions.

Amavilah, V., Asongu, S. A., & Andrés, A. R. (2017). Effects of globalization on peace and stability: Implications for governance and the knowledge economy of African countries. Technological Forecasting and Social Change , 122 (C), 91-103.

Burlacu, S., Gutu, C., & Matei, F. O. (2018). Globalization – Pros and cons. Calitatea , 19 (S1), 122-125.

Ramsfield, T. D., Bentz, B. J., Faccoli, M., Jactel, H., & Brockerhoff, E. G. (2016). Forest health in a changing world: Effects of globalization and climate change on forest insect and pathogen impacts. Forestry , 89 (3), 245-252.

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30 Globalization Pros and Cons

Definition: Globalization refers to the increasing global interconnectedness of nations. It it not only economic integration. It also refers to cultural , technological , social , and political integration (Dincer et al., 2018). A good catch-all definition comes from Hodos (2016), who writes: “Globalization is defined as the process of becoming globally connected.”

globalization definition

Globalization Pros and Cons

The advantages of globalization, 1. increased economic growth.

economic growth definition

Globalization facilitates technology, knowledge, and goods transfer, which in turn boosts economic growth (Erixon, 2018).

Through globalization, countries can now purchase the newest technologies and import the most productive machinery from other countries.

This means every country now has access to the most productive machineries, making the whole world more productive. Productivity means more output, which means more economic growth.

2. Cultural exchange and diversity

cultural diversity examples and definition

Globalization facilitates cultural exchange and diversity by increasing interactions among people from different parts of the world through trade, travel, and communication.

This exposure leads to the sharing of ideas, traditions, languages, and values across borders, enriching the cultural landscape of participating societies.

Such interactions often lead to the fusion of cuisines, music, art, and fashion, creating new, hybrid forms of cultural expression.

3. Improvement in global communication

global communication definition

Globalization is both caused by and a catalyst for the expansion of global technology and telecommunications. For example, the internet helps facilitate global trade, and demand for a fast and reliable global internet has stimulated its technological development.

The resulting interconnectedness allows for real-time communication across different countries, breaking down geographical and temporal barriers. The result is a more integrated world where cultural and professional exchanges occur more seamlessly.

4. Greater access to foreign investment

foreign investment definition

Globalization leads to greater access to foreign investment. With broken-down financial barriers, businesses can now source overseas investors for funds. This helps push down the cost of investment and stimulate local business (Erixon, 2018).

It’s also good for investors. They can diversify their portfolios by investing in different countries, and developing countries can benefit from foreign capital to fund growth and development projects.

This influx of foreign investment can lead to economic growth, technological advancements, and increased employment opportunities in the recipient countries.

5. Access to new markets for businesses

global marketplace definition

200 years ago, everyday small businesspeople could generally only trade with nearby communities. They had to get goods to market via horse and cart and anything perishable had to be consumed fast. There were no refigerators!

Today, with global supply chains, refrigerators, and free trade agreements, even small businesspeople have access to global markets.

Companies can therefore expand their operations and customer base beyond their domestic markets, tapping into demand in different countries (Erixon, 2018).

6. Increased migration opportunities

types of migration, explained below

Globalization has opened up global labor markets. Nowadays, it takes less than 24 hours to move anywhere across the world. No more 3-month boat rides! This has allowed highly-skilled professionals to cross the world and get jobs exactly where there is market demand.

This mobility benefits migrants through better opportunities, the companies by linking them up with the best possible employees, and also contributes to the cultural and economic dynamism of the host countries (Dumont, Rayp & Willemé, 2012).

7. Reduction in prices of goods and services

goods and services examples and definitions

Globalization leads to a reduction in prices of goods and services by allowing countries to specialize in producing goods where they have a comparative advantage, leading to more efficient production and lower costs (Mir, Hassan & Qadri, 2014).

The removal of trade barriers and the increased competition in global markets drive down prices, making products more affordable for consumers (Erixon, 2018).

Additionally, the global supply chain means consumers have access to a wider variety of goods and services from different parts of the world.

8. Increased competition leading to innovation

innovation definition

Globalization leads to increased competition because you’re no longer just competing with Bob down the road. Businesses are now competing with other businesses from the other side of the world (Erixon, 2018).

While at first this competition sounds bad, it tends to have positive effects. For example, it spurs innovation as companies strive to maintain their competitive edge in a global market.

The exposure to different market needs and technological advancements across borders encourages businesses to innovate and improve their products and services.

This competition not only drives technological advancement but also leads to better quality and diverse options for consumers.

9. Opportunity for developing countries to develop faster

developing nation definition

Developing countries need foreign investment and access to foreign markets in order to grow. Globalization provides this access (Mir, Hassan & Qadri, 2014).

This exposure to global markets and capital can accelerate economic growth, create jobs, and promote infrastructure development.

Furthermore, the exchange of knowledge and best practices with developed nations can enhance the skills and capacities of the workforce in developing countries, leading to sustainable development.

10. Spread of democratic values

democracy examples and definition, explained below

Some argue that globalization has led to the spread of democratic values. Arjun Appadurai calls this the “ideoscape” of globalization.

The global spread of media and the internet allows for the rapid dissemination of democratic ideals and human rights concepts.

We saw this, for example, during the Arab Spring of 2011, where activist groups multiple countries in the Arab world collaborated via social media to demand democratic reforms.

11. Global talent pool for employment

Global talent pool definition

Globalization leads to a global talent pool for employment as businesses and organizations have access to a wider range of skills and expertise from around the world (Dumont, Rayp & Willemé, 2012).

Enhanced mobility and interconnectedness allow employers to recruit talent from different countries, enabling them to meet specific skill requirements more effectively.

This global workforce diversifies the workplace, fosters innovation, and enhances competitiveness by bringing together diverse perspectives and experiences.

12. Enhanced opportunities for high-skilled workers

high-skilled workers definition

Globalization leads to enhanced opportunities for high-skilled workers as it opens up a vast array of international job opportunities in various sectors, including technology, finance, and healthcare (Dumont, Rayp & Willemé, 2012).

These workers can leverage their specialized skills in a broader market, often finding better employment prospects, higher salaries, and advanced career development options globally.

Moreover, the exchange of expertise and knowledge across borders contributes to professional growth and the advancement of specialized fields.

13. Enhanced global cooperation and peace

Global cooperation definition

Globalization could also, in an optimistic scenario, lead to enhanced global cooperation and peace. This is based on the theory that increasing economic interdependence among nations encourages diplomatic relations and collaboration rather than war (Baldwin, 2008).

The shared interests in maintaining stable trade and investment environments promote peaceful interactions and reduce the likelihood of conflicts.

Furthermore, international institutions and agreements foster a platform for dialogue and conflict resolution, contributing to global stability and peace.

14. Widening networking opportunities

professional networking examples and definition, explained below

Globalization leads to widening networking opportunities as it connects people from different cultures and professional backgrounds through international business, education, and social media platforms.

These connections facilitate the exchange of ideas, collaboration on projects, and the formation of global communities with shared interests and goals.

This extensive networking can lead to new business opportunities, partnerships, and innovations, benefiting individuals and organizations alike (Dumont, Rayp & Willemé, 2012).

15. Access to more goods for consumers

consumer goods examples and definition

Globalization leads to access to more goods for consumers by breaking down trade barriers and enabling the efficient flow of products across borders (Mir, Hassan & Qadri, 2014).

Amazon Canada doesn’t have the product? No problem, try Amazon UK instead!

This results in a wider variety of goods available in the market, often at lower prices due to increased competition and economies of scale in production.

Consumers benefit from the improved quality, variety, and affordability of products, enhancing their purchasing choices and overall quality of life.

Disadvantages of Globalization

1. widening of economic disparities.

Economic disparities definition

While the above positives sound good, many like Naomi Klein argue that globalization can lead to the widening of economic disparities as it often benefits developed nations and those with competitive advantages, while less developed countries may struggle to keep up.

This can result in increased wealth for certain regions and sectors, while others may experience stagnation or decline in economic growth. The result is a growing gap between the rich and the poor, both within and between countries.

2. Cultural Homogenization (Loss of local cultures)

cultural homogenization examples and definition

There is an argument that globalization can lead to the loss of local cultures and identities as global brands and Western media dominate, overshadowing local traditions, languages, and practices.

We call this ‘ cultural homogenization ‘.

The spread of a homogenized global culture can dilute the uniqueness of local cultures, leading to a decrease in cultural diversity. People may adopt global trends at the expense of traditional values and customs, leading to a loss of cultural heritage.

Others dispute this claim, arguing instead that globalization leads to a process called glocalization .

3. Exploitation of labor in developing countries

Labor exploitation definition

Globalization can lead to the exploitation of labor in developing countries (Sharma, 2014). Multinational companies may seek to minimize costs by relocating production to regions where labor is cheaper and regulations are less stringent (e.g. opening up factories in Mexico and China instead of midwestern USA).

This can result in poor working conditions, low wages, and a lack of labor rights, exploiting the workforce in these countries. The pursuit of profit by global corporations can overshadow the need for ethical labor practices, leading to exploitation.

4. Environmental degradation

Environmental degradation definition

Environmentalists are often concerned that globalization is exacerbating environmental degradation. Increased industrial activity and international transportation contribute to pollution and natural resource depletion (Mir, Hassan & Qadri, 2014).

The global demand for goods encourages mass production, often without adequate environmental safeguards, leading to habitat destruction, loss of biodiversity, and climate change.

The focus on economic growth and consumerism can overshadow the need for sustainable environmental practices, exacerbating global environmental challenges.

5. Increased risk of financial contagion

Financial contagion definition

Globalization leads to an increased risk of financial contagion as economies become more interconnected, meaning that financial crises can quickly spread from one country to another (Mendoza & Quadrini, 2010; Mir, Hassan & Qadri, 2014).

This interdependence is due to global investment and the intertwined nature of banking and financial markets.

A financial problem in one country can lead to investor panic and a loss of confidence, triggering a domino effect that impacts economies worldwide.

6. Over-dependence on global markets

Globalization leads to concerns that countries are over-dependent on foreign markets for essential supplies.

This dependence can make economies vulnerable when supply chains break down. When a major global shock occurs, countries heavily reliant on that market for exports or investment can experience significant economic disruptions (Mendoza & Quadrini, 2010).

For example, most nations in the world are reliant on Taiwan for computer chips. If Taiwan were suddenly invaded by China, the rest of the world won’t be able to produce sufficient computers!

7. Threat to local businesses and industries

economic threat examples and definition

In a globalized marketplace, local businesses face intense competition from larger multinational corporations.

These multinationals often have greater resources, technology, and access to larger markets, which can overshadow local enterprises (Burlacu, Gutu & Matei, 2018).

This intense competition can lead to the closure of local businesses, loss of traditional industries, and a decrease in domestic job opportunities.

8. Erosion of national sovereignty

National sovereignty definition

National sovereignty is threatened by a globalized world. Governments may be compelled to alter their policies and regulations to attract global investment and remain competitive in the international market, locking themselves into international trade agreements that require compromise and cooperation (Burlacu, Gutu & Matei, 2018).

This can result in countries losing control over their economic, social, and environmental policies, potentially prioritizing international interests over national priorities.

9. Downward pressure on wages

wage pressures examples and definition

Globalization can lead to downward pressure on wages as businesses seek to reduce costs by outsourcing jobs to countries where labor is cheaper (Mir, Hassan & Qadri, 2014).

This competition for lower-cost labor markets can result in wage stagnation or decreases in higher-wage countries.

Additionally, the influx of workers willing to accept lower wages can suppress wage growth even in sectors not directly exposed to international competition.

10. Spread of Political Ideologies

ideology definition examples

While earlier I noted that globalization may have sped up the spread of democracy, the opposite may occur.

While democracy may have been promoted by globalization – especially in the 20th Century – the same could happen with anti-democratic ideologies . For example, recently we have seen the spread of authoritarianism and “illiberal democracy” across the world.

11. Brain drain in developing countries

brain drain definition

Globalization leads to brain drain in developing countries as highly educated and skilled professionals migrate to developed countries in search of better job opportunities, salaries, and living conditions (Dumont, Rayp & Willemé, 2012).

This migration of talent results in a significant loss of skilled labor for the originating countries, impacting their development and economic growth.

The departure of these key individuals can also lead to a shortage of expertise necessary for local advancement and innovation.

12. Spread of diseases across borders

Globalization leads to the spread of diseases across borders as increased international travel and trade facilitate the rapid movement of people and goods around the world.

This mobility can enable pathogens to cross geographical boundaries more easily, leading to the faster spread of infectious diseases.

Outbreaks that might have been contained within a region in the past can now quickly escalate into global health emergencies.

13. Vulnerability to global economic fluctuations

economic fluctuations definition

A globalized nation may be vulnerable to global economic fluctuations as economies become increasingly interconnected through trade, investment, and financial markets (Mendoza & Quadrini, 2010).

This interconnectedness means that economic issues in one country or region can have ripple effects globally, impacting economies that might not be directly related to the initial problem.

As a result, even local economies can be significantly affected by economic downturns or crises occurring in distant markets.

14. Concentration of corporate power

corporate power definition

Some argue that globalization leads to the concentration of corporate power as large multinational corporations expand their reach and influence across multiple countries (Cowling & Tomlinson, 2005).

These corporations can dominate markets, overshadowing smaller local businesses and potentially manipulating markets to their advantage.

This concentration of power can lead to reduced competition, influence over political and economic policies, and an unequal distribution of economic benefits.

15. Potential for global monopolies and oligopolies

monopoly examples and definition, explained below

Similarly, globalization could lead to the potential for global monopolies and oligopolies as dominant corporations expand their reach across international borders (Burlacu, Gutu & Matei, 2018).

These entities can gain excessive market control, limiting competition and potentially leading to higher prices and fewer choices for consumers.

The global scale of these companies makes it challenging for new entrants to compete, and their influence can extend to shaping market regulations and policies in their favor.

Baldwin, R. (2008). EU institutional reform: Evidence on globalization and international cooperation. American Economic Review, 98(2), 127-132.

Burlacu, S., Gutu, C., & Matei, F. O. (2018). Globalization–pros and cons.  Calitatea ,  19 (S1), 122-125.

Cowling, K., & Tomlinson, P. R. (2005). Globalisation and corporate power .  Contributions to Political Economy ,  24 (1), 33-54.

Dincer, H., Yüksel, S., & Hacioglu, Ü. (Eds.). (2018). Strategic Design and Innovative Thinking in Business Operations: The Role of Business Culture and Risk Management . Springer International Publishing.

Dumont, M., Rayp, G., & Willemé, P. (2012). The bargaining position of low-skilled and high-skilled workers in a globalising world .  Labour Economics ,  19 (3), 312-319.

Erixon, F. (2018). The economic benefits of globalization for business and consumers.  European Centre for International Political Economy .

Hodos, T. (Ed.). (2016). The Routledge Handbook of Archaeology and Globalization. Taylor & Francis.

Mendoza, E. G., & Quadrini, V. (2010). Financial globalization, financial crises and contagion .  Journal of monetary economics ,  57 (1), 24-39.

Mir, U. R., Hassan, S. M., & Qadri, M. M. (2014). Understanding globalization and its future: An analysis.  Pakistan Journal of Social Sciences ,  34 (2), 607-624.

Sharma, N. K. (2013). Globalization and its impact on the third world economy.  Crossing the Border: International Journal of Interdisciplinary Studies ,  1 (1), 21-28.

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An economist explains the pros and cons of globalization

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Piling up: Global trade has increased, but has it been a positive or negative force? Image:  REUTERS/Tyrone Siu

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Every industrial revolution has driven a wave of globalization. The first wave was driven by innovations such as the steam engine and the industrial weaving machine; the second by the assembly line, the car and the plane; and the third by the digital revolution.

As we enter the fourth wave of globalization, driven by the digital revolution, there is renewed debate over whether it is a beneficial force: powering economic growth, and allowing the spread of ideas to improve people’s lives; or whether it erodes communities, and widens the gap between the elites and the rest of the world.

Globalization results in increased trade and lower prices. It heightens competition within domestic product, capital, and labour markets, as well as among countries adopting different trade and investment strategies.

But how do these impacts net out? What are the positive and negative effects of globalization? The below is an edited transcript of a conversation with Gita Gopinath, Chief Economist of the International Monetary Fund (IMF).

Overall, what are the advantages of globalization?

The advantages of globalization are actually much like the advantages of technological improvement. They have very similar effects: they raise output in countries, raise productivity, create more jobs, raise wages, and lower prices of products in the world economy.

What might be the advantages of globalization that someone would feel in their day-to-day life?

I think something that's not sufficiently appreciated about, for instance, international trade is that it reduces the prices of goods that they consume. So if you look at day-to-day things that you purchase, in terms of washing machines, or cars, or even clothing, because of international trade we've had a decline in prices of these goods, so they have become far more affordable for a lot of people in the world.

How have the benefits played out in advanced economies versus poorer ones over the last three decades?

Both advanced economies and developing economies have benefited overall in terms of having higher productivity, more job creation, and higher wages. As we've always known, and this is true again with technology, there are always some winners and losers. So there are communities and there are workers who lose out when there is more trade integration. That is what we're seeing right now in terms of discontent with international trade.

Who have been the biggest losers?

The biggest losers from international trade are always those whose skills have a cheaper competitor in a different market. So, in the case of the US, it's been those who work in the manufacturing sector because jobs in the manufacturing sector have been outsourced to countries where labour is far cheaper.

On the other hand, in developing countries, more capital-intensive goods get imported more cheaply from the outside. So if you're a manufacturer of a capital-intensive good in a developing country you tend to lose because of that competition.

This is how it is with international trade: production goes to wherever it is most efficient to produce. So, when people in any country are exposed to this kind of competition, some win and some lose.

Is it possible as an economist to come up with a verdict? Has this wave of globalized trade been a net positive or a net negative?

If you say, I'm going to look at it from a measure of overall effect on a country's income, on its purchasing power, on the prices that its people pay, overall I think the evidence that we have all points to it being a net positive.

Now, if you frame the question as, has international trade been good for the manufacturing worker in the US? Then the answer to that would be “not fully”; it's been very costly in terms of jobs and wages for them.

How optimistic are you that this next wave of globalization offers a better future?

I would make a couple of points. First, the previous waves of globalization have been quite successful in lifting a large number of people out of poverty and so we should appreciate that.

The second thing is that any form of globalization will generate winners and losers. So even if you have the perfect, most optimal international trade agreements, there will always be those who lose out because of competition, in the exact same way that people lose out whenever there's a new technology being developed.

And so if we want to make sure that the next wave of globalization is even more successful, it has to be complemented with good, sound domestic policies that help those who are getting left out.

How optimistic are you that the trade war between the US and China will be swiftly resolved?

It's absolutely essential that it be resolved, and it gets resolved in a way that's long lasting. The world economy has lived with the uncertainty about trade tensions for a while now and if there is any solution and there is a sense that the solution is only transitory and something can again get triggered in the future, I think that's very costly.

I'd say I'm mildly optimistic because I think leaders in the world are recognizing that these trade tensions are having a negative effect on their economies and so it would make sense to sit down and resolve it.

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IELTS Essay, topic: The advantages and disadvantages of globalization

  • IELTS Essays - Band 8

Even though globalization affects the world’s economies in a very positive way, its negative side should not be forgotten. Discuss.

Globalization is such a commonly used term in the century. It simply means that the world has become integrated economically, socially, politically and culturally through the advances of technology, transportation and communication. It is undeniable that globalization has resulted in both positive and negative effects which must be addressed accordingly.

essay globalisation advantages disadvantages

Secondly, several companies from the more developed countries have already ventured to establish foreign operations or branches to take advantage of the low cost of labor in the poorer countries. This kind of business activity will provide more influx of cash or investment funds into the less developed countries.

However, one cannot deny the negative effects which derived from globalization. One crucial social aspect is the risk and danger of epidemic diseases which can easily be spread as the transportation becomes easier and faster in today’s advanced society. This is evidenced in the recent birds flu disease which has infected most Asian countries over a short period of time.

As large corporations invest or take over many offshore businesses, a modern form of colonization will also evolve which may pose certain power pressure on the local governments of the less developed countries. Unemployment rates in the more developed regions such as Europe may also escalate as corporations choose to outsource to the cheaper work force from Asian countries.

In conclusion. to reiterate that globalization is inevitable and we must urge individuals, companies and governments to use a more balanced approach by taking the appropriate steps to deal with matters relating to the financial or economical gains verses the social, political or ecological concerns of the world.

This essay is too long, 318 words instead of 250-265. Otherwise (except for some minor grammatical errors) it is a very nice work. It covers the task, has the right structure, the paragraphs are coherent and are logically connected by elegantly used linking words, the structure of sentences is fine and so is your vocabulary. Seems worthy of Band 7.5 or 8.

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Globalization: Advantages and Disadvantages

Definition of globalization, advantages of globalization, disadvantages of globalization, how covid-19 will impact globalization in future.

Globalization entails the developing interconnection of world economies, cultures, and people. This interconnection has been triggered by the border-to-border exchange of goods and services, innovation, individuals, and streams of investment (Price et al. 9). Since globalization involves individuals and businesses’ interconnectivity, it leads to worldwide cultural, political, and economic consolidation. Over the last century, globalization has massively accelerated due to innovations. However, globalization is helpful universally, but it may harm specific groups in society.

One of the key advantages of globalization is that it increases business competition. Enterprises that participate in the international market are probable to face competition from corporations around the globe. Since buyers continually demand high-quality and cost-friendly products, they have a versatile collection of companies to choose from with globalization (Price et al. 16). This demand thus makes competition rise, given that consumers will go for high-quality products and those that adequately fulfill their needs. The enhanced competition thus prompts companies to keep up with innovative developments and stay positive to endure the competitive global marketplace. Additionally, with intensified competition, prices are more likely to drop since most companies will struggle to accrue a sizeable global customer base by plummeting the prices of their products. However, some nations may influence their currencies to acquire a price benefit, and reducing costs may not work.

The second advantage of globalization is that it leads to an increased flow of capital. Globalization steers increased trade in select and diverse markets hence occasioning better proceeds and high gross domestic product (GDP). Since globalization, the world GDP has excessively risen owing to economic interconnectedness and improved global trade. As a result of globalization, enterprises can appreciate more significant proceeds by venturing into new markets, benefiting from lesser local charges. The extension of businesses into novel nations enables businesses to stretch to needs that are ready for their latest products and eager to pay for the products. This extension thus allows these businesses to attain higher profits in unsaturated markets as they save money through a lesser cost structure that ensues due to inexpensive supplies, fees, and manual labor.

The third advantage of globalization is that it boosts technological development and ideas. Through globalization, nations can obtain access to overseas knowledge and ideas. The enhanced competition resulting from globalization supports incentives to adopt novel technologies and advances and implementation of foreign technologies. Additionally, globalization has improved the pace of technological dispersion (Price et al. 16). The cross-border high-tech transfer has thus increased the local production levels in developing and advanced economies and enabled a partial restructuring of the innovation scene. With new technologies, corporations can produce goods more resourcefully and with little human labor hence making the goods inexpensive and accordingly scaling up faster.

One of the main drawbacks of globalization is that it pilots unequal economic growth. Globalization is believed to increase the economic growth for many nations, but the transition is not equivalent in all countries. In most cases, the wealthy republics tend to benefit more than those countries which are still evolving. Globalization upsurges disparity through the impacts of increasing specialty and trade. An upsurge in trade to GDP ratios implies an expansion in the volume and worth of trade between nations and regions. Furthermore, globalization acts as the source of inequality whereby unskilled jobs are transferred from the wealthier countries to the poorer republics (Price et al. 16). This disparity thus leads to uneven income distribution, intensifying the gap between the rich and the less privileged, increasing economic inequality within countries.

The second disadvantage of globalization is that it pilots over-exploitation of resources. Globalization leads to an upsurge in universal consumer demand, which spurs an increase in production to satisfy demand. The improved output implies increased pressure on the environment and hence hasty exhaustion of natural resources. Additionally, the distance a product travels, the more fuel it consumes, and a greater level of greenhouse gas releases impact the environment. The gas releases contribute to pollution, ocean acidification, and climate change universally hence influencing biodiversity. Furthermore, globalization decreases the viability of ecosystems and their vital services. Lack of local operative institutions exposes the resources to the danger of manipulation and feed international markets.

The third disadvantage of globalization is that it leads to an escalation in economic vulnerability. Globalization has led to the creation of job opportunities that have enhanced living standards (Price et al. 16). However, it has also led to increased income disparity and higher susceptibility in most countries, influencing the configuration of labor markets. The manipulation of inexpensive labor markets enables companies to increase jobs and economic openings in evolving republics because labor is low-priced. Conversely, the economic growth in these nations tends to be stagnant. Additionally, when the nation’s financial schemes become codependent, the probability of worldwide recession upsurges intensely. This recession occurs because if a nation’s economy starts to struggle, this generates a series that impacts the other countries concurrently, triggering a universal financial disaster.

In my view, COVID-19 has impacted and will continue to impact globalization in the future. The magnitudes of a pandemic are delineated mainly by the death rate, the impact on day-to-day livelihood, and the economy. Globalization, therefore, hastens losses due to outlays. The COVID-19 pandemic has and is projected to affect the economies of various countries in terms of demand and supply. Consumers and stockholders may lose confidence in marketplaces that have been adversely affected by the pandemic, which will lower the market’s direction. Additionally, the pandemic will slow down the affected nations’ economic growth, hence triggering a decrease in trade and an upsurge in poverty. The pandemic is also estimated to lead to a labor force decrease, leading pilots to a noteworthy decline in human and economic capital. The pandemic has and will continue to impact the worldwide economy in rapports of movement, business, travel, and universal health. Since the onset of the COVID-19 pandemic, travel, movement regulations, lockdown of economies, and local business have been regulated.

All these aspects are believed to have halted globalization and are expected to persist in the future. With all these restrictions, the COVID-19 pandemic has and will continue to impact the airline and shipping activities which will prime to loss of income, interruption of international trading, and destruction of the tourism industry. Furthermore, the elimination of events has highly affected the world economy. Ideally, the consequential impact on the labor force, consumer behavior, and supply chain is observed as a dropping sequence of events that have and will continue to halt the world economy in the coming years. Therefore, the COVID-19 pandemic is expected to impact the global economy due to interruption of international trading, and it will also affect the supply and demand hence halting globalization. These will aggravate inequalities between the underprivileged and the wealthy and the low and high-income countries.

Price, Marie et al. Globalization and Diversity: Geography of a Changing World . 6th ed., Pearson, 2019.

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19 Advantages and Disadvantages of Globalization

Globalization refers to several different concepts all rolled into one package. It may refer to the ease in which businesses conduct operations in different countries other than their own. Some look at this subject as a way to create a world without national borders. There are concepts of communication, information access, and technology development to consider when looking at this subject matter too.

Even though the geographic size of our planet remains consistent, how we interact with each other is changing by the minute. Despite more than 200 countries independently working for their best interests, we all come together in ways to make the world a better place. If you have access to a computer or mobile device with data or an ISP, then you can communicate with anyone else in the world with the same setup.

We are closer than ever before. That closeness also means that groups of people are further apart than ever before. Neighborhoods form around common interests or political perspectives more than our common humanity. Travel restrictions dictate where some people can go, and others cannot.

As the advantages and disadvantages of globalization show, even though progress occurs, we are also taking steps backward.

List of the Advantages of Globalization

1. Globalization allows us to pool all our resources together. One of the best examples of globalization within our lifetime is the construction of the International Space Station. The cost to construct the ISS was $150 billion. Compared to the Mir station at $4.2 billion, the price tag is astronomical. When the first component for the ISS was launched in 1998, five different programs came together to join in ownership, cost, and operations. The United States, Russia, Canada, Europe, and Japan are all involved in the financing and continued operations of the program.

When nations work together to fund common goals, then more money becomes useful for needs other than national defense. Imagine what we could do if the $1 trillion spent annually on warfare and defense could be used for the global greater good?

2. Globalization would also reduce labor exploitation issues. When borders become less restrictive around the world, people tend to move to locations where their best opportunities exist. Under the current structure of our planet, impoverished nations with a lower standard of living offer wages that the developed world would find abysmal. Someone in Bangladesh making clothes for 10 hours per day earns less in a month than some workers in the U.S. earn before lunch.

By focusing on globalization, we could reduce child labor issues. Human trafficking concerns would be limited because of more border freedom. People could live, work, or go where they please with fewer restrictions, making it easier to chase their dreams.

3. Globalization reduces the prospects of tyranny. As the world moved slowly toward globalization in the 20th century, the nations realized that having a concentrated power with one administration reduced the likelihood of tyranny in pockets around the globe. Although there have still be issues with government oppression, including the chemical attacks on populace centers in Syria, the number of incidents is slowly declining.

When we’re able to move toward a global-centric society instead of a nation-centric one, these issues will continue to decline over time.

4. Globalization improves communication access. The Trump Administration announced new travel restrictions in September 2017 to focus on 8 countries: North Korea, Chad, Libya, Iran, Syria, Somalia, Yemen, and Venezuela. “Making America Safe is my number one priority,” President Trump tweeted when announcing this decision. “We will not admit those into our country we cannot safely vet.”

Under a globalization perspective, people would have their risks associated by a central perspective instead. It would be like the United Nations vetting immigrants instead of the individual country. By reducing border restrictions, we improve communication access because we’re no longer restricting the movements and actions of people on a per-nation basis.

5. Globalization would remove tax havens for wealthy individuals and businesses. Tax havens are defined as either a country or independent area where taxation levies are at low rates. They offer foreign businesses and individuals an opportunity to keep their profits in local institutions with little or no liability. These havens share little, if any, information about these finances with other tax authorities.

Globalization reduces this issue because it eliminates the administrative structures in place which allow the wealthy to hide their funds from being taxed. That would mean these businesses and people would be treated as an average citizen is today. Greater transparency here would lead to better funding of social programs, which could reduce poverty and food insecurity over time.

6. Globalization would help the developing world progress faster. Most of the world today is not developed. Outside of about 40 countries which have gone through their own version of the Industrial Revolution, the rest of the population still struggles as a primarily agricultural society. By reducing border restrictions, creating common payment formats, and opening product access by reducing export barriers, more people could improve their way of life. Higher incomes often lead to lower maternal and infant mortality rates too, which means we’d be saving lives with this effort.

7. Globalization would reduce currency manipulation problems. There are three primary currencies traded in the world today: the Dollar, the Euro, and the Pound Sterling. When a nation offers access to a weaker currency, those with stronger currencies buy and sell more often with them. It offers better value than spending at home. Globalization would reduce the efforts made to build weakness or strength into these currencies to influence local markets. We’d be working toward a society where economic growth occurs on a global scale instead of in only local economies.

8. Globalization encourages free trade. Borders create restrictions to the free flow of goods and services. One example of this issue is a duty and taxes paid on imported goods originating in the U.S. when purchased in Canada. These taxes apply on luxury items and other items of high value. The HST in Canada may be collected at a rate of 13%. Canadians use shipping service receptacles at locations like Point Roberts, WA to get around this tax simply because the laws haven’t globalized like our access to goods.

There are currently over 1,500 different restrictions in place with the global import/export market right now.

9. Globalization could create more employment opportunities. With fewer barriers to the import/export market, the cost of producing goods or offering services would decline without affecting the profit margins of companies. Consumers would benefit from the lower prices, consume more, and create additional job opportunities around the world. By creating an environment where free trade encouragement readily exists, more innovation, creativity, and engagement would occur at every level of society.

List of the Disadvantages of Globalization

1. Globalization may encourage more offshoring instead of less. With fewer restrictions in place at the national level, some businesses may use offshoring to their advantage. Even if they kept jobs local, the threat of sending jobs to a different, cheaper region overseas could be used to justify lower wages at home. The end result of an effort to remove borders would be an increase in wages in the developing world, but a decrease in developed countries. Many households could see their standard of living go down if consumable price decreases don’t occur simultaneously.

2. Globalization benefits the wealthy more than the poor. Value-added taxes above 25% exist in some nations. Tariffs above 70% exist for some products. Unless borders are completely removed, the advantages of globalization are challenging to achieve. The people who have the power to dictate policy would reap the most significant rewards. Those with money to invest would see their bank accounts continue to rise. At the same time, households living paycheck-to-paycheck would struggle to access what they require, suppressing their ability to pursue a better job.

3. Globalization would encourage disease transfer. The outcome of the Columbian Exchange was profound at the time. Over 90% of some population centers died because of their exposure to smallpox, chickenpox, and other diseases that the Europeans were somewhat immune to at the time. The Europeans brought back syphilis and other diseases as well. If global travel restricts eased, then issues with malaria and tropical disease could spread to portions of the world where exposures are minimal. Tuberculosis, certain influenza strains, and other communicable disease could produce outbreaks at epidemic levels.

4. Globalization could reduce social safety net programs. Most nations today offer those in extreme poverty access to safety net programs for basic supplies. Even in the United States, programs like WIC and SNAP offer food and care access to those who cannot afford it on their own for whatever reason. When we reduce or eliminate borders, there would be a likely shift in social programs to benefit those earning less than $2 per day while ignoring the needs of those at home. Households living in poverty in the U.S. or United Kingdom fit into a different definition when compared to global poverty.

5. Globalization would create a new system of politics. We’ve already received a sneak peek of what a global society would be like from a political perspective. The individuals and organizations who spend the most to lobby politicians would receive the best chance of having their needs met first. We’ve seen billions spent in U.S. elections lately to influence legislation and policy to become favorable toward specific outcomes. This issue would translate to a global economy, where only the richest and most influential would influence laws which would impact everyone.

6. Globalization would not prevent resource consumption. The goal of globalization is to equalize patterns of consumption for populations around the world. Even though there would be movement toward doing so, there is no getting around the fact that the wealthiest nations will still consume the most resources. The 20 richest countries in the world today consume almost 90% of the planet’s resources each year. The United States constitutes 5% of the global population right now, but it consumes 24% of the world’s energy as a country.

When you look at the per capita consumption rates of energy globally, one American consumes as much energy as 31 people in India. If you go to a developing nation, it takes 370 Ethiopians to use the same amount of energy that a single U.S. citizen uses to meet their needs.

7. Globalization would make it easier for people to cheat. The statistics of consumption (especially food) show us already that those who are in power take the majority of resources away from the general population. Americans eat almost 200 billion more calories per day as a nation than they require, which means 80 million people are hungry needlessly because of these consumption habits. About 200,000 tons of edible food is disposed of daily in the United States. By the age of 75, the average person in the U.S. creates 52 tons of garbage.

Globalization would likely centralize distribution of necessary resources. With only a few controlling access to the many, the chance to negatively impact populations on a large scale become greater when borders are reduced.

8. Globalization doesn’t fix a lack of skills. The future of employment involves programming, robotics, and artificial intelligence. Workers who adapt to automation with their skillset are the most likely to find employment in the coming generations. Jobs which require repetitive functions will be the first to go away, which are the employment opportunities often found in the developing world. With no meaningful skills to a globalized economy, there could be a higher unemployment rate if border restrictions reduce because only those in the developed world would be trained for the new economy.

Unless new vocational development opportunities implement with the globalization structures, the boundaries between the developed and developing world will likely continue to exist.

9. Globalization changes how humans would identify themselves. Humans are global citizens in some ways already. We all share the same planet, after all, so we are united with that common ground. If we lose borders, however, we also lose a piece of our culture, ethnicity, or family heritage. People identify themselves based on their history, so being Irish in a global world would have less impact than it does today. We already seen how this works when Texas came into the U.S. after being an independent nation. Some Texans label themselves as such first, but many see themselves as an American before being a Texan.

10. Globalization would negatively impact the environment. We’ve already seen what free trade does to the environment. Greenhouse gas emissions rose in 2018 despite efforts to curtail them. Micro-plastics invaded our oceans, creating negative impacts on marine life. The waters of our planet are slowly acidifying, creating economic and health impacts every day. Over 200,000 Americans die each year because of pollution exposure. If caps are taken off of what is not permitted through globalization, then this issue will continue growing worse.

Globalization Statistics

The advantages and disadvantages of globalization show us that a world free to move and communicate offers numerous opportunities to pursue. It also shows us a planet where fewer opportunities may exist for workers and families who are employed in low-skill positions. We have many challenges to face in the coming years as the world continues to become a smaller place. That’s why we must continually look at these issues to ensure everyone has a fair chance to find success.

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6 Pros and Cons of Globalization in Business to Consider

Business professional considering the pros and cons of globalization

  • 01 Apr 2021

Throughout history, commerce and business have been limited by certain geographic constraints. In its earliest days, trade happened between neighboring tribes and city-states. As humans domesticated the horse and other animals, the distances they could travel to trade increased. These distances increased further with the development of seafaring capabilities.

Although humans have been using ships for centuries to transport goods, cargo, people, and ideas around the world, it wasn’t until the development of the airplane that the blueprint of a “globalized economy” was laid. This was for a simple reason: You can travel greater distances faster than ever before.

The development of the internet accelerated this process even more, making it easier to communicate and collaborate with others. Today, your international co-worker, business partner, customer, or friend is only a few taps or clicks away.

Globalization has had numerous effects—both positive and negative—on business and society at large. Here’s an overview of the pros and cons of globalization in business.

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What Is Globalization?

Globalization is the increased flow of goods, services, capital, people, and ideas across international boundaries according to the online course Global Business , taught by Harvard Business School Professor Forest Reinhardt.

“We live in an age of globalization,” Reinhardt says in Global Business . “That is, national economies are even more tightly connected with one another than ever before.”

How Globalization Affects Daily Life

Globalization has had a significant impact on various aspects of daily life.

For example, it’s changed the way consumers shop for products and services. Today, 70 percent of Americans shop online. In 2022, there were 268 million digital buyers in the US and by 2025, this number is predicted to reach 285 million.

In addition, the globalized economy has opened up new job markets by making it more feasible to hire overseas workers. This has created a wide range of career opportunities for both job seekers and employers.

The emergence of remote work post-pandemic was also made possible by globalization. According to a survey from WFH Research , only seven percent of paid workdays in the US were remote in 2019. However, this number climbed to 29 percent by January 2024.

Check out the video below to learn more about globalization, and subscribe to our YouTube channel for more explainer content!

Advantages of Globalization

1. economic growth.

It’s widely believed that one of the benefits of globalization is greater economic growth for all parties. There are several reasons why this might be the case, including:

  • Access to labor: Globalization gives all nations access to a wider labor pool. Developing nations with a shortage of knowledge workers might, for example, “import” labor to kickstart industry. Wealthier nations, on the other hand, might outsource low-skill work to developing nations with a lower cost of living to reduce the cost of goods sold and pass those savings on to the customer.
  • Access to jobs: This point is directly related to labor. Through globalization, developing nations often gain access to jobs in the form of work that’s been outsourced by wealthier nations. While there are potential pitfalls to this (see “Disproportionate Growth” below), this work can significantly contribute to the local economy.
  • Access to resources: One of the primary reasons nations trade is to gain access to resources they otherwise wouldn’t have. Without this flow of resources across borders, many modern luxuries would be impossible to manufacture or produce. Smartphones, for example, are dependent on rare earth metals found in limited areas around the world.
  • The ability for nations to “specialize”: Global and regional cooperation allow nations to heavily lean into their economic strengths, knowing they can trade products for other resources. An example is a tropical nation that specializes in exporting a certain fruit. It’s been shown that when nations specialize in the production of goods or services in which they have an advantage, trade benefits both parties.

4 Ways Globalization Can Increase Economic Growth

2. Increased Global Cooperation

For a globalized economy to exist, nations must be willing to put their differences aside and work together. Therefore, increased globalization has been linked to a reduction—though not an elimination—of conflict.

“Of course, as long as there have been nations, they've been connected with each other through the exchange of lethal force—through war and conquest—and this threat has never gone away,” Reinhardt says in Global Business . “The conventional wisdom has been that the increased intensity of these other flows—goods, services, capital, people, and so on—have reduced the probability that the world's nations will fall back into the catastrophe of war.”

Global Business | Thrive in today's interconnected, global economy | Learn More

3. Increased Cross-Border Investment

According to the course Global Business , globalization has led to an increase in cross-border investment. At the macroeconomic level, this international investment has been shown to enhance welfare on both sides of the equation.

The country that’s the source of the capital benefits because it can often earn a higher return abroad than domestically. The country that receives the inflow of capital benefits because that capital contributes to investment and, therefore, to productivity. Foreign investment also often comes with, or in the form of, technology, know-how, or access to distribution channels that can help the recipient nation.

Disadvantages of Globalization

1. increased competition.

When viewed as a whole, global free trade is beneficial to the entire system. Individual companies, organizations, and workers can be disadvantaged, however, by global competition. This is similar to how these parties might be disadvantaged by domestic competition: The pool has simply widened.

With this in mind, some firms, industries, and citizens may elect governments to pursue protectionist policies designed to buffer domestic firms or workers from foreign competition. Protectionism often takes the form of tariffs, quotas, or non-tariff barriers, such as quality or sanitation requirements that make it more difficult for a competing nation or business to justify doing business in the country. These efforts can often be detrimental to the overall economic performance of both parties.

“Although we live in an age of globalization, we also seem to be living in an age of anti-globalization,” Reinhardt says in Global Business . “Dissatisfaction with the results of freer trade, concern about foreign investment, and polarized views about immigration all seem to be playing important roles in rich-country politics in the United States and Europe. The threats in Western democracy to the post-war globalist consensus have never been stronger.”

2. Disproportionate Growth

Another issue of globalization is that it can introduce disproportionate growth both between and within nations. These effects must be carefully managed economically and morally.

Within countries, globalization often has the effect of increasing immigration. Macroeconomically, immigration increases gross domestic product (GDP), which can be an economic boon to the recipient nation. Immigration may, however, reduce GDP per capita in the short run if immigrants’ income is lower than the average income of those already living in the country.

Additionally, as with competition, immigration can benefit the country as a whole while imposing costs on people who may want their government to restrict immigration to protect them from those costs. These sentiments are often tied to and motivated—at least in part—by racism and xenophobia.

“Meanwhile, outside the rich world, hundreds of millions of people remain mired in poverty,” Reinhardt says in Global Business. “We don't seem to be able to agree about whether this is because of too much globalization or not enough.”

3. Environmental Concerns

Increased globalization has been linked to various environmental challenges, many of which are serious, including:

  • Deforestation and loss of biodiversity caused by economic specialization and infrastructure development
  • Greenhouse gas emissions and other forms of pollution caused by increased transportation of goods
  • The introduction of potentially invasive species into new environments

While such issues are governed by existing or proposed laws and regulations, businesses have made climate change concerns and sustainability a priority by, for example, embracing the tenets of the triple bottom line and the idea of corporate social responsibility .

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Managing the Risks of Globalization

The world is never going to abandon globalization. While it’s true that individual countries and regions put policies and practices in place that limit globalization, such as tariffs, it’s here to stay. The good news is that businesses and professionals willing to prepare for globalization’s challenges by developing strong social impact skills have the potential to benefit immensely.

Whether you’re a business owner, member of executive leadership, or an employee, understanding the impacts of globalization and how to identify its opportunities and risks can help you become more effective in your role and drive value for your organization.

Taking a course like Global Business is one path toward developing international business skills and gaining an understanding of the macroeconomic, political , and social conditions that continue to impact globalization.

Are you interested in breaking into a global market? Sharpen your knowledge of the international business world with Global Business , one of our online business in society courses . If you aren't sure which course is the right fit, download our free course flowchart .

This post was updated on February 26, 2024. It was originally published on April 15, 2021.

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Advantages and Disadvantages of Globalisation

Last updated 17 May 2019

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This 2019 update video summarises some of the main advantages and disadvantages of globalisation and also considers some of the analysis diagrams you might want to draw as part of essay questions on this topic.

  • Globalisation
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Disadvantages of Globalisation

What is Globalisation? Advantages and Disadvantages of Globalisation

Advantages and Disadvantages of Globalisation: Globalisation implies the speedup in exchanges and movement (of goods and services, capital, human beings, or even cultural practices) all across the globe. One of the globalisation effects is that it increases and encourages the interactions between the various regions and populations worldwide. Although globalisation was necessary for development, there are also some disadvantages to it. In this writing, we will discuss the pros and cons of globalisation.

What is Globalisation? Advantages and Disadvantages of Globalisation 2021

Advantages of globalisation, disadvantages of globalisation.

  • Comparison Table for Advantages and Disadvantages of Globalisation
  • FAQs on Pros and Cons of Globalisation

In international economics, globalisation can be defined as the web of relationships between the economies worldwide through international investments and trade. While the history of globalisation travels back to ancient times, the modern era started in the early nineteenth century.

The opposite of globalisation — also known as free-market trade across the borders — is protectionism. This economic policy attempts at protecting domestic businesses from foreign competitions and labour markets, generally by imposing trade barriers such as tariffs.

As a result of globalisation, people all over the world enjoy many advantages.

  • Transfer of Technology: The transfer of technology all over the globe is excellent for us. Any country can choose to borrow the technology by the agreement and implement it in their country for the overall development. People can easily be in touch with people from any part of the world by using advanced technologies at a minimal cost, effort, and time.
  • Better Services: Globalisation always offers us better services. With technological advancement, services such as electricity supply, water supply, internet, mobile networking, and other services have become more accessible and better than before. Easy internet access throughout the world is also the contribution of globalisation.
  • Standardisation of Living: The critical process of globalisation is the integration of economics, enabling countries to fight against problems like poverty and improve people’s living standards. Many researchers have stated that when any country opens up its trade to the world, its economic growth rate is faster, and the living standards tend to improve.
  • Development of Infrastructure: Technological advancements and their spread throughout the globe help in improving the country’s infrastructure. Governments are more enabling of delivering their services to the citizens. Development of the infrastructure implies the overall development of the respective countries. Here it is essential to say that the economic growth and development of a country’s infrastructure are compatible with each other.
  • Foreign Exchange Reserves: By globalisation, countries are able to build foreign exchange reserves due to the international financial flows.
  • Economic Growth: Globalisation requires optimum utilisation of the resources wherein the deficit resources are procured, and surplus resources are exported to various other countries. This guarantees overall economic growth.
  • Contribution to the World GDP Growth Rate: Globalisation guarantees the contribution of each country to the world GDP growth rate.

Advantages and Disadvantages of Globalisation

The globalisation keeps doing well to us is not always true. It impacts our lives in a multidimensional manner. So, it has a few disadvantages as well.

Growing Inequality: Globalisation increases inequality throughout the globe by expanding specialisation and trade. Even though profession and trade amp up the per-capita income, it might cause relative poverty.

To explain this, we will use an example. All dominated MNCs around the globe are located in the US. All these businesses are buying cheap labour from developing or underdeveloped countries for product manufacturing or assembling. India, China and Africa are significant examples of this. It increases the employment rates of these countries, but they are far behind lagging relatively developed countries. Again, these companies coming to such countries for cheap labour also deprive the country’s people of working. So, it showcases that relative unemployment and poverty are being created in these developed countries as well.

Increasing the Unemployment rate: Globalisation is increasing the unemployment rate. Where individuals are getting jobs, how is this possible? Here is the explanation.

Globalisation needs higher-skilled workers at cheaper rates. But countries where the Institutions are comparatively weaker, aren’t capable of producing highly skilled workers. As a result of which, the unemployment rates are increasing in these countries.

When foreign companies invest primarily in developing countries, they hire workers from that country. In some scenarios, their wages are significantly lower compared to the other developed countries – the demand for such employees in developed countries is much lower. Moreover, along with the emergence of the Global Economic Crisis, jobs are at risk.

Trade Imbalance: The trade balance refers to the value ratio between the country’s export and import services and goods. Due to globalisation, any country can trade to any part of the globe.

In some instances, the developing countries are highly dependent on developed countries for import goods, but the export capabilities are lower than the imports. The imbalance in trade has been taking place. So, trade imbalance balances values between any country’s import and export of goods and services. It is also known as trade deficits. Trade imbalance might be an increase in the developed countries by the competitors.

Environmental Loots: The pace at which industrialisation is increasing is an outcome of globalisation. Industrialisation encourages economic growth. However, it harms the environment. Globalisation destroys nature, and it hurts humans very severely.

Let’s try to understand the scenario with the example. Coca-Cola world’s leading soft drink company. This company consumes a large amount of water to make soft drinks. In a north Indian state, Uttar Pradesh, a bottling plant of Coca-Cola, was shut down by the government order due to the local farmers’ too much water usage.

In Kerala, a south Indian state, the Coca-Cola plant was also shut down due to water pollution supplied to the local communities. Also, MNCs are using the natural resources from different countries extensively for personal gain. Various chemical industries are highly harmful to the health of humans by polluting the soil, water, air.

Comparison Table for Advantages and Disadvantages of Globalisation

Faq’s on pros and cons of globalisation.

Question 1. How does globalisation encourage market extension?

Answer: Above all, Globalization encourages market extension. It offers an opportunity for domestic companies to go global. For instance, domestic companies can be witnessing saturation in demand for their services or products. Still, by globalisation, domestic companies are able to sustain and satisfy the needs of foreign customers.

Question 2. How does globalisation offer affordable products?

Answer: With access to the latest technologies, the countries are able to provide products to their citizens at affordable rates. Globalisation encourages competition in the domestic economies and its endeavour for competing against the competition, companies lessen the product price or following the penetration pricing policy.

Question 3. When did globalisation start?

Answer: The first wave of globalisation began in the 19th century in the year 1914. This started in order to change with the first globalisation wave, which roughly took place over the century ending in 1914.

Home — Essay Samples — Sociology — Globalization — Globalization: Its Advantages and Disadvantages

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  • quora, (2015). Advantages and Disadvantages of Globalization . [Online] Available at: https://www.quora.com/What-are-the-advantages-and-disadvantages-of-globalization
  • [Accessed 24 Feb 2019].
  • nytimes.com, (2016). The New York Times Magazine . [Online] Available at: https://www.nytimes.com/2002/08/18/magazine/globalization.html [Accessed 25 Feb 2019].
  • GPF, (2013). Globalization and Employment. [Online] Available at:
  • https://www.globalpolicy.org/component/content/article/218/46372.html [Accessed 25 Feb 2019].

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Home » Political Science » Political Economy » 10 Advantages And Disadvantages Of Globalization

10 Advantages And Disadvantages Of Globalization

Globalization is the process of increasing interconnectedness and interdependence among people, businesses, and countries around the world. It is a complex and multifaceted phenomenon that has been shaped by advances in technology, transportation, and communication, as well as economic, political, and cultural factors.

Advantages and Disadvantages of Globalization

Globalization has brought about many advantages, including increased economic growth, access to new markets, and the spread of ideas and innovations. However, it has also had its share of challenges and disadvantages, including job displacement, cultural homogenization, and negative environmental impacts.

In this context, it is important to carefully consider the advantages and disadvantages of globalization in order to understand its impact on the world we live in and work to address any negative effects.

10 Advantages of Globalization

Some of the key advantages of globalization include:

  • Increased Economic Growth
  • Access To New Markets
  • Spread Of Ideas And Innovations
  • Increased Cultural Exchange
  • Greater Efficiency
  • Job Creation
  • Improved Living Standards
  • Increased Competition
  • Greater Access To Information
  • Political Benefits

1. Increased economic growth

Globalization has led to increased trade and investment, which has contributed to economic growth around the world. As countries have become more interconnected and trade and investment have increased, businesses have been able to access new markets and sell their products and services to a wider audience. This has led to increased productivity and economic growth, particularly in developing countries that have been able to tap into the global economy.

2. Access to New markets

Globalization has opened up new markets for businesses, allowing them to sell their products and services to a wider audience. This has been facilitated by advances in technology, transportation, and communication, which have made it easier for businesses to connect with customers around the world. The access to new markets has helped businesses to expand their operations and increase their profits.

3. Spread of ideas and innovations

Globalization has facilitated the exchange of ideas and knowledge, leading to the spread of innovations and technological advancements. As people from different parts of the world have come into closer contact with one another, they have been able to share ideas and learn from one another. This has led to the development of new technologies and the spread of innovative ideas, which has had a positive impact on the quality of goods and services available to consumers.

4. Increased cultural exchange

Globalization has brought people from different cultures into closer contact, leading to increased cultural exchange and understanding. As people from different parts of the world have interacted with one another, they have been able to learn about and appreciate different cultures and ways of life. This has helped to promote greater tolerance and understanding among people from different backgrounds and has contributed to a more vibrant and diverse global culture.

5. Greater efficiency

Globalization has allowed for the division of labor, with countries specializing in the production of goods and services in which they have a comparative advantage. This has led to increased efficiency and lower prices for consumers. By specializing in the production of certain goods and services, countries have been able to take advantage of their unique strengths and resources, leading to increased productivity and lower costs.

6. Job creation

Globalization has created new job opportunities, particularly in developing countries. As businesses have expanded their operations internationally, they have created new job opportunities in the countries where they operate. This has helped to reduce poverty and improve living standards for many people around the world.

7. Improved living standards

Globalization has contributed to increased prosperity and improved living standards for many people around the world. As economic growth has increased and access to goods and services has improved, people have been able to enjoy a higher standard of living. This has included increased access to education, healthcare, and other important amenities.

8. Increased competition

Globalization has increased competition among businesses, which has helped to drive innovation and improve the quality of goods and services. As businesses compete with one another on a global scale, they have been forced to continuously improve the quality and value of their products and services in order to stay competitive. This has benefited consumers, who have access to a wider range of high-quality goods and services at lower prices.

9. Greater access to information

Globalization has made it easier for people to access information and connect with others around the world. Advances in technology and communication have made it possible for people to access a wide range of information and connect with others, regardless of their location. This has had a number of benefits, including increased access to education, improved communication and collaboration, and the ability to connect with people from different cultures and backgrounds.

10. Political benefits

Globalization has contributed to increased political stability and cooperation, as countries have become more interconnected and interdependent. As countries have become more reliant on one another for trade and investment, there has been an increased incentive to cooperate and work together to address common challenges. This has led to increased political stability and cooperation, as countries have worked together to solve problems and find mutually beneficial solutions. In addition, the increased economic and cultural exchange facilitated by globalization has helped to promote greater understanding and cooperation among countries.

10 Disadvantages of Globalization

Globalization also had its share of challenges and disadvantages. These includes –

  • Job Displacement
  • Cultural Homogenization
  • Negative Environmental Impacts
  • Income Inequality
  • Loss of Local Control
  • Exploitation Of Workers
  • Loss of Cultural Diversity
  • Decreased Job Security
  • Negative Impact On Small Businesses
  • Negative Impact On The Environment

1. Job displacement

Globalization has been associated with job displacement, as some workers have lost their jobs to lower-paid workers in other countries. As businesses have sought to take advantage of lower labor costs in other countries, they have moved some of their operations abroad, leading to job losses in their home countries. This has had a particularly negative impact on workers in developed countries, who may not have the same access to education and training as their counterparts in developing countries.

2. Cultural homogenization

Globalization has been linked to cultural homogenization, as some local cultures have been overshadowed by more dominant global cultures. As people from different parts of the world have come into closer contact with one another, there has been a greater exchange of cultural influences. However, some critics argue that this has led to the erosion of local cultures and the rise of a more dominant global culture. This has had a negative impact on cultural diversity and has led to the loss of some traditional ways of life.

3. Negative environmental impacts

The increased trade and transportation that has accompanied globalization has had negative environmental impacts, including air and water pollution and climate change. The increased movement of goods and people around the world has led to increased emissions of greenhouse gases and other pollutants, which have contributed to climate change and other environmental problems.

4. Income inequality

Globalization has contributed to income inequality, as some people and countries have benefited more from the process than others. While some individuals and countries have experienced increased prosperity and improved living standards as a result of globalization, others have been left behind. This has led to growing income inequality, as the gap between the rich and the poor has widened.

5. Loss of local control

Globalization has led to the loss of local control in some areas, as decision-making has shifted to a global scale. As countries have become more interconnected and interdependent, some argue that local communities and governments have lost control over their own affairs. This has led to a sense of powerlessness and frustration for some people, as global forces have come to shape their lives in ways that they may not be able to influence.

6. Exploitation of workers

Some critics argue that globalization has led to the exploitation of workers in developing countries, as companies seek to take advantage of lower labor costs. In some cases, workers in developing countries have been paid very low wages and have worked in poor conditions in order to produce goods for export to developed countries. This has led to concerns about the exploitation of workers and the erosion of labor standards in some countries.

7. Loss of cultural diversity

Globalization has been linked to the loss of cultural diversity, as some local cultures have been overshadowed by more dominant global cultures. As people from different parts of the world have come into closer contact with one another, there has been a greater exchange of cultural influences. However, some argue that this has led to the erosion of local cultures and the rise of a more dominant global culture, which has had a negative impact on cultural diversity.

8. Decreased job security

The increased competition that has accompanied globalization has led to decreased job security for some workers. As businesses have faced increased competition from abroad, they have been forced to become more efficient in order to stay competitive. This has led to cost-cutting measures, including layoffs and job insecurity, which has had a negative impact on some workers.

9. Negative impact on small businesses

Globalization has benefited large corporations, but it has had a negative impact on small businesses in some cases. As small businesses have faced increased competition from larger, more efficient global corporations, some have struggled to survive. This has led to the closure of some small businesses and the loss of jobs in local communities.

10. Negative impact on the environment

In conclusion, globalization has brought about many positive changes and benefits, including increased economic growth, access to new markets, and the spread of ideas and innovations. However, it has also had its share of challenges and negative impacts, including job displacement, cultural homogenization, and negative environmental impacts.

As we move forward, it is important to carefully consider both the advantages and disadvantages of globalization in order to understand its full impact and work to address any negative effects.

This may involve adopting a more responsible and ethical approach to globalization that takes into account the needs and well-being of people and the environment. By doing so, we can ensure that the benefits of globalization are shared more widely and that its negative impacts are minimized.

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Advantages and Disadvantages of Globalization

Globalization is a hotly discussed subject today, with supporters claiming it may lead to economic progress, cultural interchange, and new possibilities. At the same time, opponents suggest it can cause inequality, cultural homogenization, and environmental degradation (Nkang Ogar et al., 2019). This essay will explore the advantages and disadvantages of globalization and provide evidence to support each perspective. The phenomenon of globalization is the result of technological advancements and the growth of international trade and communication (Ramazanov et al., 2021). It has enabled nations to participate in global economic operations, resulting in greater commerce, investment, and cultural interaction. While globalization has brought economic growth and development, cultural exchange and understanding, and technological innovation and progress, it has also increased inequality, threatened local cultures, and created environmental challenges.

Globalization is a dynamic phenomenon changing how people live, work, and connect. While globalization has generated controversy and criticism, it has also had significant advantages. The possibility for economic growth and development is one of the most important benefits of globalization. Globalization has created opportunities for businesses to expand their markets, access resources more efficiently, and increase productivity (Surya et al., 2021). As a result, more investment, job creation, and improved living standards have occurred in many regions of the globe. For example, the rise of multinational firms and foreign investment has aided China’s and India’s fast economic development. In 2020, China’s economy surpassed that of the United States to become the world’s largest economy by purchasing power parity (Vázquez Rojo, 2022). The growth has lifted millions of people out of poverty and improved their standard of living.

Another advantage of globalization is the opportunity for cultural exchange and understanding. Globalization has promoted exchanging ideas, beliefs, and behaviors across civilizations, expanding global variety and understanding. For instance, the popularity of Korean pop music and television dramas, known as K-pop and K-dramas, has spread to many countries worldwide, creating a new form of cultural exchange (Kanozia & Ganghariya, 2021). Similarly, the growth of English as a worldwide language has increased cross-cultural contact and understanding.

A third advantage of globalization is the spread of technology and innovation. Globalization has created opportunities for transferring technology and knowledge across borders, improving communication, healthcare, and education. For example, the development of mobile technology has transformed how people communicate and access information worldwide (Bahrini & Qaffas, 2019). Moreover, globalization has encouraged scientific cooperation and idea sharing, leading to advancements in domains such as health and renewable energy.

Globalization has been the subject of heated controversy in recent years, with detractors pointing to its harmful effects on economies, society, and cultures throughout the globe. Although globalization has excellent benefits, it has substantial drawbacks that cannot be overlooked. One of the most significant shortcomings of globalization is the uneven distribution of wealth and power that it has brought about. While globalization has generated economic growth and development, the benefits have been distributed unevenly. Wealthy corporations and individuals have gained the most, while workers and communities have suffered job losses and decreased wages. For instance, the growth of sweatshop labor in developing countries has led to exploiting workers, unsafe working conditions, and environmental degradation (Lotfi et al., 2021). Furthermore, global businesses often have more power and influence than governments, resulting in a lack of accountability and oversight.

Secondly, globalization has the potential for cultural homogenization and loss of diversity. As global markets become more integrated, local cultures and traditions are often replaced by homogenous global trends. This can lead to a loss of unique cultural practices and a sense of identity for communities worldwide. For example, the proliferation of fast food companies such as McDonald’s and Starbucks has resulted in the homogeneity of culinary culture in many nations, replacing local cuisine with international fast food choices. Similarly, the appeal of Western fashion and entertainment has pushed indigenous forms of creative expression to the margins.

Thirdly, globalization harms the environment and climate change. Globalization has increased consumption and production, leading to more significant resource depletion, pollution, and greenhouse gas emissions. Thus, global trade growth has increased shipping and air transportation, contributing to carbon dioxide and other greenhouse gas emissions (Hulme, 2021). Besides that, natural resource extraction, such as deforestation and mining, has damaged habitats and ecosystems.

Finally, globalization has both positive and negative aspects. Even though globalization has resulted in an uneven distribution of wealth and power, it has also helped millions of people rise out of poverty by improving their access to lower-cost products and services. While globalization could result in a loss of cultural variation and uniformity, it has also promoted more mutual understanding and respect among individuals from many origins. Similarly, whereas technology may cause environmental harm and climate change, it has also created opportunities for environmental betterment and greater collaboration. Consequently, it is critical to recognize and promote globalization’s positive elements while addressing its negative ones. We can advance toward a more equitable and sustainable global system if we can mitigate negative consequences while enhancing positive ones.

In conclusion, the debate over the advantages and disadvantages of globalization is ongoing and complex. Even though globalization has opened up new avenues for economic expansion and cultural interaction, it has also brought new obstacles in the form of inequality, environmental degradation, and cultural uniformity. It is evident from examining these arguments and counterarguments that the influence of globalization is complicated and diverse. Lastly, politicians, corporations, and people must endeavor to mitigate the adverse effects of globalization while promoting its sound effects. Doing so can create a more equitable and sustainable global system that benefits everyone regardless of background or location. In light of this, it is essential to recognize the value of diverse perspectives and engage in open dialogue to solve the complex challenges of globalization.

Bahrini, R., & Qaffas, A. (2019). Impact of information and communication technology on economic growth: Evidence from developing countries.  Economies ,  7 (1), 21. https://doi.org/10.3390/economies7010021

Hulme, P. E. (2021). Unwelcome exchange: International trade as a direct and indirect driver of biological invasions worldwide.  One Earth ,  4 (5), 666–679. https://doi.org/10.1016/j.oneear.2021.04.015

Kanozia, R., & Ganghariya, G. (2021). Cultural proximity and hybridity: Popularity of Korean pop culture in India.  Media Asia ,  48 (3), 219–228. https://doi.org/10.1080/01296612.2021.1902079

Lotfi, M., Walker, H., & Rendon-Sanchez, J. (2021). Supply Chains’ Failure in Workers’ Rights regarding the SDG COMPASS: A Doughnut Theory perspective.  Sustainability ,  13 (22), 12526. https://doi.org/10.3390/su132212526

Nkang Ogar, J., Nwoye, L., & Bassey, S. A. (2019). Archetype of globalization: Illusory comfort of neo-colonialism in Africa.  International Journal of Humanities and Innovation (IJHI) ,  2 (3), 90–95. https://doi.org/10.33750/ijhi.v2i3.46

Ramazanov, I. A., Panasenko, S. V., Cheglov, V. P., Krasil’nikova, E. A., & Nikishin, A. F. (2021). Retail transformation under the influence of Digitalisation and technology development in the context of globalization.  Journal of Open Innovation: Technology, Market, and Complexity ,  7 (1), 49. https://doi.org/10.3390/joitmc7010049

Surya, B., Menne, F., Sabhan, H., Suriani, S., Abubakar, H., & Idris, M. (2021). Economic growth, increasing productivity of SMEs, and open innovation.  Journal of Open Innovation: Technology, Market, and Complexity ,  7 (1), 20. https://doi.org/10.3390/joitmc7010020

Vázquez Rojo, J. (2022). United States, China and the dispute for Global Hegemony: A Comparative Analysis.  HUMAN REVIEW. International Humanities Review / Revista Internacional De Humanidades ,  11 (Monográfico), 1–13. https://doi.org/10.37467/revhuman.v11.4302

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Advantages and Disadvantages of Globalization Full Essay

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Let’s read some  Advantages and Disadvantages of Globalization . Globalization is a procedure of connection and combination among the general population, organizations, and administrations of various countries. Although, the procedure is driven by universal exchange and speculation and supported by data innovation. This procedure can affects overall the environment, on political values, on culture, on financial progress and development. As well as its effects on the physical well-being of humans in the worldwide.

However, Globalization is intensely controversial, for sure. Protectors of globalization claim that it supports poor countries and as well as their citizens to further develop economically and also raise their values of living. Although, its necessary to find out the proper benefits and disadvantages of the Globalization in the worldwide.

Therefore, to find out the right stability within  Benefits and values connected with globalization , civilians of all countries need to learn how globalization operates and the policy decisions challenging them and as well as their societies.

Though, in this article, we tried our best to provide with you all with the best “ advantages and disadvantages of Globalization” .  Read the complete article to know the best  Benefits of Globalization  also find out its disadvantages as well. Check out the complete factors down below.

Advantages and Disadvantages of Globalization

Advantages of Globalization

  • Business Empowerment Advantages

First  “advantages of globalization”  are that most countries on the earth have their own special things to give which we didn’t find in any other country. However, some regions are good in providing delicious grapes and apples, and somehow, other regions are good in providing minerals and rich vitamins.

Same as that, many regions are good in providing oils, gas, diamond, or even gold, and some are best for providing manufacturing goods. Although, in that case, Globalization provides each and every region to further offers its exceptional and well-made products or assistance to other regions. So, it can help to develop more and grow better products in the future.

  • Advantages of Help Customers

Second advantages to that People can easily arrange cheaper assets, genuine services technologically improved and developed products; one takes more enough choices, as well as can help each other to grow better products in a possible range. Globalization actually helps the customers to grow their products mutually and develop more goods.

  • Bring Peoples Closer to Each Other

The third  advantages of Globalization  have a pleasant and amazingly side effect. For no doubt, it can simply bring more people to get close to each other. Throughout checking the history, people who traveled a lot and also have mixed with unusual cultures, and those people from different areas of the earth who have learned a lot from the world, always returned to home happier. So, typically, Globalization plays a vital role in bringing people together from different regions and cultures.

Disadvantages of Globalization

  • A Poor Country Will Stay Poor

The main disadvantage of Globalization is that it can reach an economic breakdown of nations that fight to further change with ages and as we know that there is an unbelievable challenge of race that can also become unsuccessful. However, in simple words, Globalization can simply ruin the worldly environment and as well as local economies.

  • Support Rich Resources Regions

Second Disadvantages of Globalization is these resources can accessible be in both man-made and natural. From training to experienced workers, a soil fertility and therefore, produce agriculturally fauna and flora, economic plans to geographical benefits; all such points give a bad but inevitable support to some regions.

  • Promotes Environment Degradation

Third  “Disadvantages of Globalization”  is can hit to everyone but also as we know that there is no global or universal law to be further implemented to all nations competing and benefiting from the change globalization.  Although, globalization can simply make the situations worse related to the climate problems as well.

  • It Creates a Barrier

Fourth  Disadvantages of Globalization  is actually assumed to be about just absolutely free trade where people can see that all barriers are dropped and vanished but unfortunately, we notice still many barriers. As workers in advanced and grown countries such as the US side pay-cut charges from companies who bully to consign jobs. This has generated a culture of terror for many workers who belong to the middle class, who still have little support or advantage in this universal game.

Final Words

Globalization resembles being overpowered by a snow landslide. You can’t stop it – you can just swim in the snow and want to remain to finish everything. Most of the people might want to make the discussion that the US should invest significantly more energy to swim in the snow and remain to finish everything. We can’t stop globalization; however, there are numerous approaches and techniques we can use to make it fairer. We can implement the exchange laws, drive the opposition to play by similar standards, and quit giving our rivals the devices (innovation and R& D) to at last win the worldwide war. So, just put your best in this war and make the future better. Also write your opinion about Advantages and Disadvantages of Globalization in below comment box.

essay globalisation advantages disadvantages

October 24, 2020 at 8:14 am

Some arguments will be put to test to know whether it is true or not. Poor countries may be lifted out of poverty or be eliminated at all by the global force. Like in China’s poverty relief program, if there are too many people living in the poor area, we should make efforts to help them, and if there is just a small number living in the remote area, it is better to take them out and relocate.

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Ultimate Guide to IELTS Advantages Disadvantages Essays

Kasturika Samanta

11 min read

Updated On Apr 12, 2024

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Ultimate Guide to IELTS Advantages Disadvantages Essays

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We have all made a list of pros and cons when faced with a difficult decision. An advantages disadvantages essay in IELTS Writing is kind of like an organized pros and cons list.

In this article, we will go over the structure of Task 2 advantages and disadvantages, how to write an advantages and disadvantages essay and go over a few IELTS sample essays of this type.

Understanding the Question and Structure of the IELTS Advantages Disadvantages Essay 

The IELTS advantages disadvantages essay is a question type you will come across in IELTS Writing Task 2 .

You will be asked to write about the benefits and drawbacks of the topic given. It can be worded in different ways. Let’s see some examples.

  • At the present time, the population of some countries includes a relatively large number of young adults, compared with the number of older people. Do the advantages of this situation outweigh the disadvantages?
  • Discuss the advantages and disadvantages of mobile phones in our daily lives.
  • Some companies and organizations require their employees to wear uniforms. What are the advantages and disadvantages of wearing a uniform?
  • A lot of places in the world rely on tourism as a main source of income. Unfortunately, tourism can also be a source of problems if it is not managed correctly. Describe the advantages and disadvantages of tourism in the modern world. Do you think that the benefits of tourism outweigh its drawbacks?
  • What are the pros and cons for children watching television? Give reasons for your answer and include any relevant example from your knowledge or experience.
  • Globalization has both advantages and disadvantages. Discuss both and give your opinion.

Discussing the Question of Advantages and Disadvantages Essay IELTS

In some questions of Task 2 Advantages and Disadvantages essay, you will be asked to share your opinion. However, in most cases, discussing the pros and cons/benefits and drawbacks/advantages and disadvantages is enough.

Question of Task 2 Advantages and Disadvantages Essay IELTS

The first part of the question for advantage and disadvantage essays in IELTS Writing Task 2 will always be a statement. In the second part, you will get to know whether you have to discuss only the benefits and drawbacks or add your opinion along with it. So, no need to worry!

As you can see in the image above, the first question asks you to share your opinion, whereas in the second, you will have to discuss the advantages and disadvantages.

Structure of the IELTS Advantages Disadvantages Essay

The IELTS Essay writing task is quite challenging as it requires you to write an essay on an unseen topic from any walk of life – it can range from social issues to environmental discourse. To make it easy, you can practice  advantage and disadvantage essay topics  based on the following structure breakdown.

  • Paraphrase the question statement.
  •  State what the following paragraphs will discuss.
  • Mention your viewpoint (if asked in the question)
  • Discuss the advantages.
  • Explain the benefits with examples in 2-3 sentences.
  • Discuss the disadvantages.
  • Explain the drawbacks with examples in 2-3 sentences.
  • Summarize the benefits and drawbacks discussed in the essay.

Remember that there is no right or wrong structure for  advantages and disadvantages writing task 2 . However, if you use this, it will enable you to plan your essay in no time during the exam.

Join us in our IELTS webinars to learn tricks to handle IELTS Writing Task 2 essays!  Explore Now!

How to Plan Your Task 2 Advantages and Disadvantages Essay?

The planning for writing any essay type in IELTS Writing Task 2 requires around 5 minutes.

The process covers essential aspects such as analysis of the question, organization of the points to be included, identifying relevant vocabulary, and understanding the  marking criteria  to obtain a good  band score .

The following points will provide a concise guide on how to plan your answer for the advantages and disadvantages of essays in IELTS academic writing task 2 and save some time to revise your response.

  • To answer the advantages disadvantages essay questions in IELTS Writing Task 2, first you have to identify the keywords and instructions in the question to discuss the positives and negatives of the statement.
  • Plan your structure, including your main arguments, advantages, and disadvantages, to present your answer in a well-structured manner.
  • Take at least 10 minutes to analyze and understand the given statement and evaluate its pros and cons.
  • Organize your thoughts and provide a clear and concise response.
  • Using appropriate writing task 2 vocabulary and phrases (lexical resource) is important. But avoid stuffing too many words into irrelevant places.
  • Ensure that your response remains relevant to the given topic.
  • Understand the IELTS writing band descriptors like Task Response, Coherence and cohesion, Lexical resource, Grammatical range and accuracy to obtain a  high band score .

How to Write an Advantages Disadvantages Essay for IELTS Writing Task 2?

Once you have planned your advantage and disadvantage essay for Writing Task 2, it is time to write down your answer.

Writing The Essay Introduction

The first thing that you have to do is to write an introduction for an advantages disadvantages essay.

  • Your introduction should paraphrase the topic of the essay and try to use different vocabulary/synonyms for the words in the topic, wherever possible.
  • Then, give a brief idea about what could be expected in the essay, i.e. the advantages and the disadvantages of the concerned topic.
  • Finally, state which side you think weighs the most (when asked for an opinion.)

Body Paragraphs for Advantages And Disadvantages Essay IELTS

Although there is no strict rule about the number of paragraphs forIELTS essays, it is better to limit the number to two. It will not only help you to follow the word count but also keep your essay concise.

Body Paragraph 1 

  • It should state the advantage/s of the topic.
  • This should be backed by practical points, and the examples would be even better.
  • Day-to-day incidents and instances can be brought to notice.

Body Paragraph 2 

  • It should state the disadvantage/s of the topic.
  • This as well should be supported by valid points, and the daily incidents and examples can be highlighted to back your points.

How To Write An Essay Conclusion?

You should conclude the topic by providing a summary of the points put forth in the entire essay and how the advantages or disadvantages of the topic outweigh the other (if applicable).

  • Make sure to end the essay with a well rounded conclusion.
  • Link your ideas discussed in the essay to ensure cohesion and coherence.
  • The question/s along with the essay statement should be answered.

To help you to understand this type of essay better, given below are some essential essay vocabulary you must know as well as a sample essay with a detailed outline. We’ve provided you with ample IELTS advantages and disadvantages essay topics to help you hone your essay writing skills.

IELTS Essay Vocabulary

A strong command of  vocabulary  is crucial for writing an effective advantages disadvantages essay in IELTS Writing Task 2.

Your proficiency in English language vocabulary will be evident in how expertly you can select the most suitable expressions to convey precise meanings. Diversifying your vocabulary will enable you to incorporate a greater variety of words in your essays. However, it is important to note that overusing uncommon words and phrases can reduce the relevance of your answer.

Wondering the Trick to Score a Band 8 in Writing Task 2?  Know the Secret!

Tips for Mastering Advantages and Disadvantages Essay

Tips for Mastering Advantages and Disadvantages Essay for IELTS

Writing an essay on IELTS advantage disadvantage essay topics needs careful preparation and planning. Here are some tips that you can use to write a high quality essay:

  • Understand the Question:  Make sure you understand the question and what is expected of you before you begin writing. Decide which advantages and disadvantages you need to talk about and if you need to share your opinion.
  • Generate Ideas:  Spend a few minutes identifying the benefits and drawbacks of the selected subject. List the main ideas and instances you’ll utilize to support your claims.
  • Structure Your Essay:  Write your essay with a logical and obvious structure. Begin with an introduction that briefly summarizes your key points and states the subject. After that, give each benefit and drawback a paragraph of its own, and then wrap up by summarizing your points in the conclusion.
  • Use Linking Words:  To connect your thoughts and create a smooth writing flow, use a range of linking words and phrases, like “furthermore,” “however,” “on the other hand,” and “in conclusion.”
  • Support Your Points:  Give particular instances, figures, or anecdotes to back up each benefit and drawback you discuss. This will improve the persuasiveness of your arguments and raise your score.
  • Plan your Time Effectively:  During the exam, manage your time well. Plan your essay for a few minutes, then concentrate on creating paragraphs that are precise and to the point. At the conclusion, give yourself some time to review and make any required changes.
  • Practice is the Key to Success:  It is the ultimate truth. The more you practice, the more you will become efficient in planning, organizing and structuring your advantages disadvantages essay for IELTS Writing Task 2. So, take up more  writing practice tests  and make the best use of them.

Ensure you’re using the right structure for IELTS Advantages and Disadvantages Essays!

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Advantages and Disadvantages IELTS Essay Questions and Sample Answers

Given below are some sample questions for the advantages and disadvantages type of essay and band 9 methodologies of answering them.

Sample Question 1

Sample answer.

Foreign education has become one of the most sought-after ventures in this day and age. A majority of students plan on pursuing higher education in a foreign nation, especially when it comes to a master’s degree. One of the reasons why studying abroad has become such a popular phenomenon is the relaxation of travel laws and procedures across the world. However, there are pros and cons to studying abroad and the following paragraphs will explore the topic and elaborate on why the advantages outweigh the disadvantages.

One of the primary reasons for studying abroad is the presence of a more refined and sophisticated education system in several first-world countries. It is common for students from underdeveloped or developing countries like Brazil, China, India, Argentina and other countries to look for better opportunities than the ones available in their native country in terms of academics. Also, residing in a foreign country helps individuals to gain international exposure and also helps them develop social and interpersonal skills, which are extremely important for being eligible for lucrative job opportunities.

Nevertheless, there are numerous drawbacks to travelling abroad for education. First of all, from the beginning of applying to a foreign university to staying in the host country for the entire duration of your degree, it is an exorbitant affair. Such a costly endeavour is often unaffordable for the household of many people. That being said, becoming accustomed to the norms and conventions of an unfamiliar country can be a tough ordeal for many due to differences in culture and social traditions.

Finally, I would like to conclude by saying that foreign education can be a blessing if it is financially feasible for aspiring students. That being said, the benefits of studying abroad surpass the drawbacks for the same.

Check Out –  How to Plan an IELTS Writing Task 2 Essay (Best Strategy)

Sample Question 2

Globalization has been one of the most significant phenomena in the last few decades, and it has changed several aspects of human society both economically and socially. There has been remarkable progress in terms of economic and financial development for developing countries due to the expansion of global organizations. However, there are several drawbacks to this rapid progress that need to be addressed. Evidently, globalization has more advantages than disadvantages and the following paragraphs will elaborate on the topic and justify these views.

First of all, the most advantageous aspect of globalization is the advent of numerous international companies and franchises in developing countries. Ever since global brands and corporations have expanded their operations in countries such as India, China, Sri Lanka and many more, there has been a notable increase in employment in these countries. Additionally, due to the remarkable rise in the number of imports and exports, people from third world countries now have access to a vast catalogue of products and services that were previously unattainable.

That being said, there are drawbacks to globalization that create concerning issues for a sizable portion of the global population. One of the most disturbing consequences faced is the exploitation of labour. Many corporations are known to outsource their operations to developing countries due to cheap labour costs. This enables them to accomplish their manufacturing operations without having to provide proper remuneration. Also, due to the use of inexpensive labour, the quality of products is diminished, and customers receive inferior products.

In conclusion, there is no doubt that the effects of globalization are not entirely positive or negative. Nonetheless, the benefits brought by this occupation outweigh the drawbacks.

Practice Advantages Disadvantages Essays IELTS with IELTSMaterial

There is no doubt that you are preparing for the IELTS Writing Task 2. So, we would recommend you to take up advantage and disadvantage essay topics regularly. The more you practice, the better you will become at solving the IELTS Writing test and answers within the dedicated timeframe.

Check out our  well-reviewed IELTS Writing study guide , which includes self-explanatory lessons and sample answers. If you need more guidance, don’t hesitate to  contact our IELTS specialists . Make the necessary preparations to improve your score on the IELTS Speaking test and get a Band 8+.

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Frequently Asked Questions

What is an advantage/disadvantage essay? How do you identify that the essay falls under this category?

Is it mandatory to put advantages and disadvantages separately in two paragraphs or can I club them?

In case of questions where advantages outweigh disadvantages, I might have to write disadvantages first. Will it affect my score?

Do I have to write more than one point for advantages and disadvantages essays for IELTS Writing?

When can I note down the voc

What will happen if I write the exact question statement of the advantages disadvantages essay topic?

What is the importance of the topic sentence of an advantages disadvantages essay?

Is it mandatory to follow the word limit given with the IELTS advantages and disadvantages essay?

What can I do if my IELTS advantages and disadvantages essay is less than 250 words?

Is there any upper limit for word count for IELTS advantages and disadvantages essay?

Practice IELTS Writing Task 2 based on Essay types

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Kasturika Samanta

Kasturika Samanta

Kasturika is a professional Content Writer with over three years of experience as an English language teacher. Her understanding of English language requirements, as set by foreign universities, is enriched by her interactions with students and educators. Her work is a fusion of extensive knowledge of SEO practices and up-to-date guidelines. This enables her to produce content that not only informs but also engages IELTS aspirants. Her passion for exploring new horizons has driven her to achieve new heights in her learning journey.

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Post your Comments

10 comments.

essay globalisation advantages disadvantages

Ashlin Devi

Posted on Oct 5, 2023

Nowdays, technologies are in high demand. People are possessed with their own computers and cell phones, so it is quite easy for them to do their job at home. Even though it is acknowledged with several points that working from home is quite easier, the essay will argue that the drawbacks of working from home will outweigh its strength. The main disadvantages are ineffective communication and the relationship amongst people becoming distant. First of all, people need internet to communicate. The internet connectivity is very poor at times, especially in the remote areas. Furthermore, during virtual meetings, discussion gets difficult due to connection issues where meeting is not worthwhile since no voice or no video. Moreover, working from home gives distance amongst people where you will not be able to have interact with colleague. Face-to-face discussion is very important where you get to work more effectively and efficiently. On the other hand, working from home is indeed benefit. People do not have to travel to reach work. The time which are spend on travelling, can be utilized on other activities such as house cores, leisure activities or even can work extra hours to meet the given deadline. Furthermore, people get flexibility in working hours, since there are no superior workers supervising employee. To conclude, there are some strengths on working from home but drawbacks overweigh strengths since working from home is not as easy task as people think since ineffective communication and people interaction is very important.

ria mahajan

ria mahajan

Posted on Oct 6, 2023

Overall Band 5.5 Main ideas are relevant, but some are insufficiently developed and lack clarity, while some supporting arguments and evidences are missing for the question.Simple vocabulary is used accurately but the range does not permit much variation in expression.A mix of simple and complex sentence forms is used but flexibility is limited. For detailed analysis,you can avail a Free trial class Find the link below: https://ieltsmaterial.com/signup-1/ or you may reach out to us: +91 8929053019

essay globalisation advantages disadvantages

Posted on May 15, 2023

More students prefer foreign colleges and universities. Although studying abroad is costly, a concerning drawback, the global exposure a student gets is the primary benefit that outweighs any disadvantage. On the one hand, pursuing education abroad is quite expensive, which is the primary concern. The tuition fee in the universities of developed countries is relatively high, and it is challenging for a student from an average financial background to afford it. Furthermore, people need to find part-time jobs to handle their daily expenditures. For example, a study by the University of Dubai revealed a drop of 25% in the enrolment of international students in the year 2023 compared to 2022 among the Gulf nations due to an increase in college fees. However, many universities provide scholarships to merit students, and youth can get global exposure which is of considerable significance. The primary benefit of choosing foreign universities is that the pupils get excellent global exposure. In many developed nations, the education system is quite advanced and leans towards practical knowledge than textbook learning. Moreover, people can build a strong network with locals which helps them in their professional careers. For instance, one of my friends, Ravi, who runs a garment business, is able to expand his work abroad due to the exposure he got while pursuing his master’s in abroad and the network he built during his education period. This is why youth prefer foreign universities. In conclusion, although studying abroad is quite expensive, the undisputed benefit of getting global exposure surpasses any hindrance.

essay globalisation advantages disadvantages

Posted on Dec 3, 2022

“Nowadays online shopping becomes more popular than in-store shopping. Is it a positive or a negative development? Give your reasons and examples.” Isn’t this an opinion question though you have categorized it under advantages and disadvantages? I believe we have to describe only one aspect in our body paragraphs rather than describing both positive and negative aspects?

essay globalisation advantages disadvantages

Posted on May 29, 2022

Nowadays, studying abroad is a new trend among students. Undoubtedly, there are positive and negative aspects of studying in a foreign country. However, the benefits of attending colleges and universities in a foreign country outweigh the drawbacks. The next couple of paragraphs will explain the topic and justify these viewpoints.

To begin with, studying abroad has several advantages for students. For instance, a student who is studying in a foreign country will probably improve language skills better than others. Learning a foreign language is extremely significant in a global environment. Moreover, living outside of a home country will enhance students’ worldview thanks to the culture of the host country. Therefore, it can be said that studying abroad paws the way for great career options.

However, there are undesired sides to education in a foreign state. One of them is education expenditure. Studying abroad might be expensive. Thus, it might lead to a huge economic burden for both student and his family. When a student moves to another country for education, he must face several challenges caused by living alone. For instance, some students might have some psychological problems during the first couple of weeks following their move. It can be claimed that being homesick is a common problem among young students.

In conclusion, having a graduate degree from a foreign country has both negative and positive sides. Although there are significant advantages, the benefits of studying abroad surpass the drawbacks for the same.

kasturika

Posted on May 30, 2022

Band Score – 6

Concentrate on the correct usage of quantifiers and subject-verb agreement.

In some places words are used incorrectly, pay attention to them.

Use C2 level of words.

essay globalisation advantages disadvantages

Purnima Koli

Posted on Oct 25, 2021

Parents tend to give the children better resources as compared to their own childhood. This way they also feel compensated in the process while bringing up their own child. While having a huge collection of toys to play with is not all that bad, at the same time can lead to some issues.

Firstly, having a diversity in the range of toys have multiple benefits. The child can learn how to manage or organize better. Varied exposure to different themes of toys makes one more aware.

Secondly, sharing can also develop social skills among the child’s friend circle. To get hands-on-experience with toys such as Rubix’s cube, puzzles hone mental capacity of the kid. Similarly, educational and infotainment toys help shape likes and dislikes, opinions, communication skills. Thus, caters to holistic development which is often a cause of worry for parents.

On the other hand, if the child is given more and more, this may result in losing the value of individual toy. Not only is this expenditure wasteful but also teaching consumerist tendencies to the child. Perhaps unconsciously the child stops valuing his toys and takes them for granted in desire for more.

To have enough needs to be inculcated rather than frivolous costs being incurred. The parents need to be also mindful of teaching holistic habits like outdoor games, reading, painting apart from playing with toys for all round development.

Having many toys is also burdensome when it comes to maintenance. If that could be sorted then it’s much easier to assemble and play as per the child’s convenience. Gifting once in a while is a good option to keep the spirits of the child happy.

Hp

Posted on Nov 13, 2021

If you would have presented this same as a 4 paragraph structure and added the conclusion you would have score 7 easily.

Janice Thompson

Overall band: 5

Coherence: It is better to follow a 4 paragraph structure so that it is easy for the examiner to mark you for coherence. Conclusion is missing in your essay. Conclusion is where you sum up and restate points.

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IELTS Daily Essay Topic: Most teenagers today own a smartphone.

dulingo

  • Updated on  
  • May 20, 2024

IELTS Daily Essay Topic: Most teenagers today own a smartphone.

Brainstorming Ideas

Refer to the following brainstorming ideas to get a better understanding of the answer.

  • Advantages of Smartphones:
  • A powerful tool for education.
  • It helps teenagers stay connected with their peers and teachers.
  • Helps in developing digital literacy skills.
  • Provides people with a platform for creative expression.

2. Disadvantages of Smartphones:

  • Over-reliance on smartphones.
  • Spending excessive time on social media or playing games.
  • Constant internet exposure can subject teenagers to inappropriate content and cyberbullying.
  • It causes physical health issues and impacts their social skills and relationships with others.

Q. Most teenagers today own a smartphone. Provide your opinion to discuss the advantages and disadvantages.

Ans . In the contemporary world, it is an undeniable fact that most teenagers possess smartphones. This phenomenon has both merits and demerits that are worth discussing.

On a positive note, smartphones serve as a powerful tool for education. They provide access to a wide array of information and educational resources. For instance, numerous educational applications and websites are available at their fingertips, which can significantly improve their learning process. Moreover, smartphones enable teenagers to stay connected with their peers and teachers, facilitating collaborative learning and instant communication. Additionally, smartphones can help in developing digital literacy skills, which are essential in today’s technology-driven world. It also provides people with a platform for creative expression, allowing teenagers to explore and share their interests through photography, blogging and other forms of digital media.

However, the detrimental impacts of smartphones on teenagers cannot be overlooked. Teenagers can become overly dependent on smartphones, spending excessive time on social media or playing games, leading to a decline in academic performance. Furthermore, constant internet exposure can subject teenagers to inappropriate content and cyberbullying, threatening their mental health. Excessive screen time can also cause physical health issues like eye strain and poor posture. Additionally, constant connectivity can interfere with face-to-face social interactions, potentially impacting their social skills and relationships.

To conclude, while smartphones can be beneficial for teenagers in terms of educational purposes and connectivity, it is crucial to address the potential drawbacks.  It is the responsibility of parents and educators to guide teenagers on the appropriate use of smartphones, ensuring a balance between digital engagement and other aspects of life. 

Paraphrased Statement: In the contemporary world, it is an undeniable fact that most teenagers possess smartphones.

Thesis Statement: This phenomenon has both merits and demerits that are worth discussing.

Body Paragraph 1-Topic Sentences: On a positive note, smartphones serve as a powerful tool for education. They provide access to a wide array of information and educational resources. For instance, numerous educational applications and websites are available at their fingertips, which can significantly improve their learning process.

Body Paragraph 1- Supporting Reasons and Explanations: Moreover, smartphones enable teenagers to stay connected with their peers and teachers, facilitating collaborative learning and instant communication. Additionally, smartphones can help in developing digital literacy skills, which are essential in today’s technology-driven world. It also provides people with a platform for creative expression, allowing teenagers to explore and share their interests through photography, blogging and other forms of digital media.

Body Paragraph 2- Topic sentence: However, the detrimental impacts of smartphones on teenagers cannot be overlooked. Teenagers can become overly dependent on smartphones, spending excessive time on social media or playing games, leading to a decline in academic performance.

Body paragraph 2- Supporting Reasons and Explanations: Furthermore, constant internet exposure can subject teenagers to inappropriate content and cyberbullying, threatening their mental health. Excessive screen time can also cause physical health issues like eye strain and poor posture. Additionally, constant connectivity can interfere with face-to-face social interactions, potentially impacting their social skills and relationships. Conclusion: To conclude, while smartphones can be beneficial for teenagers in terms of educational purposes and connectivity, it is crucial to address the potential drawbacks.  It is the responsibility of parents and educators to guide teenagers on the appropriate use of smartphones, ensuring a balance between digital engagement and other aspects of life.

Vocabulary in Use

Linkers and connectors used:.

Following are the linkers and connectors used:

  • On a positive note
  • For instance
  • Additionally
  • On the negative side
  • Furthermore
  • Apart from this
  • To conclude

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