Globalisation is a name for the continuous process of consolidating smaller units into larger structures. Thus, globalisation is a complex and multilayer international issue. There is no singular agreement on how to qualify or judge this phenomenon. Tan & Macneill (2015), argue that the rapid explosion of the internet has a role in developing multinational business initiatives. Moreover, Potrafke (2015), indicates to the internet as one of the sources of globalisation expansion. Worldwide capital transfers & cheap transport had a significant role to ease companies’ developing process. Therefore, local structures become international operating holdings. In addition, companies scale their business and become operators on an international scale. Borders do not obstruct the increasing economical influence. Global investors become a threat to dominating position of governments. To cite Ellwood, (2015) p.12 “Globalisation is increasing inequality and poverty worldwide as national governments lose the ability to control their development strategies and policies.“ Even the culture is not immune to globalisation. According to Ransome (1997), global company’s like Disney, create entertainment consumed by children. Disney brand may be one example of how homologous reality can be served simultaneously to adolescents and to their parents. People around the globe are under influence of standardized fast foods, music, and movies. Ransome (1997), stated that the progress of exchange on a global scale is unstoppable. However, he also claims that “regional tensions are increasing and the environment is nearing the point of collapse“ (Ransome, 1997, p.7-10). Global international firms may not respect local social and economical ecosystems appropriately. Those issues connected with the constant decrease of government control can have a major negative impact on regional communities. On contrary, Ransome in the same article claims that globalisation can lead us to identify the common threat and learn how to cooperate globally in order to succeed. Singular position on thesis how to assess globalisation can not be binary. Ransome, in one article, provides opposite arguments pro and con. Despite all of that pieces of evidence, increasing inequality in wealth distribution may result in pauperism Ellwood (2015). That controversial factor and many others are common coefficients of globalisation.
(Tan et al. 2008; Chong & Tan2010)
Tan, C. H. & Macneill P. (2015) ‘Globalisation, economics and professionalism’, Medical Teacher, 37:9, p. 850-855.
Potrafke N. (2015) ‘The Evidence on Globalisation’, World Economy, 38:3, p. 509-552.
Elwood, W. (2001) The no-nonsense guide to globalisation , London: Verso.
Ransome D. (1997) ‘Globalisation – an alternative view. ‘, New Internationalist, 296, p. 7-10.