Globalization, the new world order...

Globalization is the new world order. It is a phenomenon that is enveloping us all, and in almost all aspects of our life. And yet defining this concept is not simple. In the plainest terms, globalization is the emergence of the world as a global village; where connections are not only possible but very easy, quick and efficient. The advent and spread of technology to many regions of the world has made communication from across the sphere from the globe very effortless and potentially straightforward. Globalization now incorporates trade, economics, social and cultural spheres of a nation. A country could never exist solely in isolation and now it is even more impossible. Nations from across the world in engaged in political, economical and social ties with each other, and relationships have become an interconnected web supporting many different links. As with everything else, globalization and its consequent interdependence and linkages come with advantages and disadvantages. The greatest benefit of globalization is undoubtedly the spread of modern technological advancement to the developing countries. This promotes technological innovations in the developed countries and provides opportunities for the world as a whole to grow in the technology scale. Other advantages include the economics and trade markets. Trade has thrived in the competitive global market. Consumers are now presented with innumerable number of choices which allow them to opt for a lifestyle they want. The mixing and promotion of different cultures and tourism are also seen as desirable consequences. Social values are also being propagated and promoted; global forums and societies are working to raise awareness against global issues. The disadvantages include the usage of technology to form more advanced WMS. Arms trade between the countries has also increased and with that the black and grey markets are also thriving bringing small arms to the streets of developing countries. The concept of free market economy has made the global arena highly competitive, where survival is no easy task. It is not always possible for all nations and all companies to meet the stringent criteria for a high standard and other requirements. Similarly, the foreign substitutes in a nation result in the local products losing their market. Increased globalization is promoting a plan to change the map of the world by the superpowers known as New World Order which is more suitable for the world we are living in, as the state system is becoming less efficient now.