Cause and Effect Essay Natalia Quiñonez Agurto

Outline:

Thesis statement: Economic globalization reduces distances

countries.

I. Better standard of living with access to loans in foreign.

II. Increases economic opportunity and prosperity to the
developing world.
III. Forced adaptation in developed countries.

Conclusion:

The globalization of financial flows has resulted in a constant

movement of this speculative, taking advantage of the constant
changes in currency values, creating a large monetary
instability that, for some, is responsible for slower economic
growth.,

The Economic Global

Globalization affects the economy means greater integration of
products from specialization and economies of scale, resulting
in increased trade in financial services through both capital
flows and activity of cross-border entry, but in turn it affects
favorably as harmful to people.

Economic globalization allows obtaining a better standard of

living with access to foreign loans. That is, when the most
developed countries in a sustainable manner loans to developing
countries under these are used in infrastructure such as roads,
health, education and social services, the standard of living in
countries increases. Example: International lending institutions
like the World Bank or the IMF.

Globalization increases economic opportunities and prosperity in

the developing world. Through international trade becomes
profitable especially along the process of opening to the
stimulation of foreign direct investment of domestic capital
formation and improves efficiency and productivity since it is
finding trade liberalization to increase economic opportunities
for consumers and producers. Example: Foreign direct investment
in China (FDI) attracted the opening to the free flow of capital
to Spain.

The forced adaptation in developed countries, companies of

globalization forces adapt to different strategies forced on the
basis of the new ideological trends in a dramatic shift in
reduced labor and implementation of policies and strategies of
the company so there is more unemployment develops. Example:
Samsung had to significantly reduce their employees to keep
growing.

The globalization of financial flows has resulted in a constant

movement of this speculative, taking advantage of the constant
changes in currency values, creating a large monetary
instability that, for some, is responsible for slower economic
growth.