The Globalization Debate Assessing The Impact Of Globalization Vs. Isolation.edited

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The Globalization Debate: Assessing the Impact of Globalization vs. Isolation
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The Globalization Debate: Assessing the Impact of Globalization vs. Isolation
Introduction
Many academics, researchers, and corporate leaders have always questioned the debate
on globalization versus isolation (Persson et al., 2015). This has become a more prominent topic
as the world keeps changing. Globalization has had a great impact on contemporary history.
Globalization can be referred to as the interconnection or interdependence of several nations. In
this report, we are going to look at opposing views. The aim of this report is to create a platform
for analyzing both sides.
Business, Technology and communication are ways of linking economies and societies
on a global scale. Therefore, by linking the two, globalization has managed to usher in a phase
that is transformational (Persson et al., 2015). This phase can influence various global dynamics
including economical, cultural, and political dynamics. Each viewpoint in this debate has its
effects, implications, and justifications.
On one side, those supporting globalization say that it is a powerful catalyst for
development. It also helps foster growth economically and interaction across different cultures.
Globalization has also been known to contribute to international cooperation. The impact of
globalization is not limited to just e …
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