25/08/2008

<<< SELF-STUDY.『21 AUGUST 』..

*INTRODUCTION - FOR MY ESSAY

I wrote a introduction for my essay, I was not sure whether it was the formal style.

Starting in the late 20th century, after the ending of the 'cold war', 'Globalization', especially the "economic globalization", has become one of the hottest topics. As everyone has their own thoughts, some economists say it is a good issue since it can make us much wealthy and enjoyable. However some other economists take the suspected opinion, or total opposite point of view. They have pointed out that if the globalization is really a beneficiary or positive thing, how come the world economy is in currently a messy situation? Focusing on this issue, the fierce discussion has been existed for a long time among the academic field and mediums. This essay will briefly discuss the pros and cons of the ‘Globalization’, in addition seeking for the possible solutions towards the process the economy globalization. There are a few important questions that need to be asked when discussing globalization and the effects it has on the world. Does more international trade openness increase world poverty? Does globalization aggravate inequality? Is globalization causing a 'race to the bottom' in environmental standards?

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