Kohut and Wike
(2008) state that globalization continues to generate opposing views from the
rich and poor nations. In the economic aspect, international trade,
multinational corporations and free markets resulting in strong growth
generally garner support from the world. However, a declining trend was seen in
the developed nations since 2007 as more people think negatively of economic
globalization due to its repercussions. One of which is the rising wealth
disparity between the nation’s rich and poor, which calls for government
intervention albeit with free markets by the majorities. Besides that, for the
developed and developing nations alike, the concern over the phenomenon of
Americanization resulting in the lost of local cultures and traditions is also
increasing. Transmigration of people in search of better job opportunities is
another worry of the locals, which generates rejection towards globalization.
Most importantly, the detrimental effects on the environment in the face of
economic development cause the world to prioritize environmental conservation over
economic growth. All in all, globalization may be considered as a benefitting
process as of now. However, supposing that the disadvantages of it spread to
the developing countries as well, it may become more of a bane than a boon.
(199 words)
The summary flows very well due to the cohesive devices you've used.
ReplyDeleteI've highlighted the errors below:
... support /from the world(rephrase)/. However, a declining trend /was seen(tense)/ due to its /repercussions. One (Punctuation)/
...which calls for government intervention albeit /with free markets by the majorities??/. Besides that, for the developed and developing nations alike, the concern over the phenomenon of Americanization resulting in the lost(word form) of local cultures ...is another worry /of the locals (Redundant)/, which generates rejection towards(Wrong word) globalization.
...in the face of economic development cause(Tense) the world to prioritize... However, supposing(wrong word) (Red)the disadvantages (of it (Red)) spread to the developing countries /as well (Red)/, it may become more of a bane than a boon.