Kohut and Wike state that people around the
world have different views on globalization, which brings about economic
development as well as people’s concern. People in developing countries are
more likely to support globalization, hoping for benefit from global trade, investment
and free markets. However, globalization is less supported by people in the West because international
corporations become less popular. In addition, people also express concern
about its downsides, such as a greater income disparity due to uneven distribution
of wealth, environment destruction, and lost of traditional way of
living as the costs of economic growth. Globalization
also causes immigration issues. With more people moving in order to have better
new and better opportunity, the increase in immigrants may also have bad
impacts on some countries. As globalization has both benefits and drawbacks,
majority support this idea cautiously.
Source: Kohut, A., & Wike, R. (2008).
Assessing Globalization: Benefits and drawbacks of trade and integration. Havard International Review.
Kohut and Wike (year) state that ... People in developing countries are more likely to support globalization, hoping for benefit(word form) from ... However, globalization is less supported by people in the West because international corporations become(Tense) less popular... environment destruction, and (^) lost(word form) of traditional way(word form) of living as the costs of economic growth. Globalization also causes immigration issues. With more people moving in order to have /better new and better opportunity (rephrase)/, the increase in immigrants may also have bad impacts on some countries. As globalization has both benefits and drawbacks,(^) majority support this idea cautiously.
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