Negative Impacts of Globalization Assignment Example | Topics and Well Written Essays - 2000 words

Negative Impacts of Globalization - Assignment Example This paper discusses the potential negative effects of globalization. The negative impacts of globalization Increase in unemployment One of the most frequently debated consequences of globalization is outsourcing. As more and more people from the developing countries migrated to the advanced economies, employers in the host countries started to take benefit of it by offering jobs to migrants instead of the local citizens. This saved them the cost of business as the migrants agreed to work upon salaries significantly lower than what a local candidate with the same level of competencies and abilities would ask for. Migrants are â€Å"ready to work at one-fifth of what someone in developed world may call 'low-pay'† (Pillai, 2011). A vast majority of such migrants come from such countries as India and China to the advanced countries like Canada and the USA. A lot of people in the developing countries are competent in spoken English and are eligible to serve in many areas including the customer service field. While globalization has brought fortune for the migrants as well as their home countries in terms of remittance, the local citizens of the developed countries are very upset and often outraged upon the increasing tendency of the employers to replace them with the migrant workers. They feel like their jobs are being taken away. Many of them accuse the migrants for the socioeconomic issues that keep surfacing in their countries from time to time. Mismatch between work load and salary There is a significant percentage of migrants who have reached the advanced countries through illegal channels. Such people are ready to work in the host countries at any cost. Employers take advantage of their situation and make them take a lot of work-load for a minimal wage. â€Å"Women work two-thirds of the world’s working hours, produce half of the world’s food, but earn only ten percent of the world’s income, and own less than one percent of the wo rld’s property† (members.tripod.com, n.d.). Although many migrants are earning much more than they did in their home countries, yet they have to go through very tough circumstances on daily basis in order to maintain their living in the host countries. Spread of racism This issue is linked with the one just discussed. A lot of people in the developed countries are not satisfied with the quality of customer service they receive from the migrant workers. They either express problems understanding them and accuse them of not speaking English with reasonable competence, or complain that the worker offended them because of his/her lack of awareness of the cultural and social norms and values of the host country. Such encounters between migrant workers and the indigenous people have â€Å"caused a lot of animosity among people and has added to the dissent that people already have against outsourcing† (Pillai, 2011). Most of the issues are unnecessarily overemphasized u pon. These kinds of problems lay basis for racism that is often complained of in the developed countries. Decline of developing countries Many people are of the opinion that globalization has benefited the developing countries by enabling their citizens to earn money abroad and send to their homelands as remittances, but very few of