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Effects of Globalization in Brazil, Research Paper Example

Pages: 5

Words: 1432

Research Paper

For the last one decade, Brazil has experienced growth economically, politically and socially, thanks to globalization. Globalization refers to the procedure through which divisional economies, communities, and traditions have been incorporated through global channels of political concepts by communication, trade, and transportation. The term is mainly closely related with the phrase economic globalization. The incorporation of state economies into worldwide economy by means of trade, migration, foreign direct venture, military presences, capital flows, and diversification of technology. Nevertheless, globalization is generally known to be pushed by amalgamation of economic, political, technology, socio-cultural, and biological aspects. The term can also be used to mean the transnational rotation of concepts, languages, or famous cultures by acculturation. A component of the world that has undergone through the procedure can be considered to be globalized.

Economic effects

Globalization, just as the term suggests, has several benefits that has made Brazil an interesting place for its citizens to live. The consistent global trends towards the free movement of enterprises and monetary blends throughout the country illustrate globalization that assists in the development of international financial structure. It offers economic freedom and activates competition-triggering globalization to raise the living standards of individuals in brazil for providing itself to the global trade. Brazil is living in a dynamic world where it has moved from the age where the big swallow the small to the age where the fast swallow the slow. Economic analysts believes that the living standard of people have significantly developed through the market development. With the growth and introduction of technology in the global markets, there is not only constant rise in the demand for products, but also has resulted to higher utilization of resources. Venture section is observing greater entry by more and more individual network to the global trade occurrence with the assistance of computers. Current statistics shows that over than $500 billion is being swapped at the global currency market in Brazil.

Purchasers of products and services in all the countries involves one large group who benefits from the international business for motives including opportunity modification, trade regulations, comparative gains, stable ventures, changes in consumption and production, as well as economical to purchase than to produce. In relation with other areas, consumers in Brazil are possibly the ones not to gain more from globalization. Another aspect that is considered a constructive result of globalization is the lower rate inflation in Brazil. This is due to the market competition slows the businesses from raising prices except when pledged by a reliable productivity. Technological development and productivity growth are the other benefits of globalization, from 1970s increasing international; competition has activated the industries to develop considerably.

Globalization has significantly developed the social and economic levels of women in the third world countries, Brazil included. This is visible in the sense that in a highly competitive globalized world, the functions of women results to being more valuable. Cultures and traditions that exempt women from full contribution will be left far much behind in the process of globalization. Societies that hold and encourage education for women take pleasure in advancing social progress. Educated women have a tendency of giving birth to fewer children. When the join the workforce their participation highly improve their country’s’ economic potentials. Besides, economic independence raises their importance both at home and in the society. Essentially, women spend their benefits or salaries exclusively different from men, targeting on main areas for social development: the health, nutrition, and education of their households.

Furthermore, globalization has helped to open up markets that are essential engines of uplifting the living standards of people and develop shared prosperity. The fact that so many people having been living below the poverty line of less than $1 a day, this can be eliminated if the process of globalization is integrated by everyone and ensure that there is equitable distribution of resources across Brazil. Pulling up resources helps Brazil to move together with other nations and avoid cases of extremes economic positions. Developments in medicine, enhanced public health laws, and higher food distribution have reduced infant mortality and prolonged life expectancy. For instance, in 1950s, 178 children per every 1000 live births died before clocking their first birthday in Brazil. By late 1990s, the data changed and the number stood at 64 per 1000. Life expectancy rise from 44 years in 1960 to 59 years in 1999. All these aspects were possible because of globalization. The resources were shared and the country was in the forefront in fighting poverty, diseases, and poor accessibility of resources.

Political effects

In the political arena, globalization has led to standardization of powers in Brazil. From a global perspective, some even think that one day the world will have same political principle and have a joined (World) government system. This will control the associations among governments and pledges the rights emerging from social and economic globalization. In addition, some scholars suggest that there will be revolution of sovereignty through the process of globalization in Brazil. Globalization has helped to change and eliminate classification and scale of state sovereign powers, and alongside it is a mutual process.

In Brazil, globalization has helped to spread democracy. The aim of democratic globalization is to empower the citizens to participate in management of their affairs. Proponents of this movement believe that the first stage of democratic globalization is economic liberalization and expansion, and should be followed by establishment of global political institutions throughout Brazil. Although this idea may seem farfetched, the creation of trading blocs and regional government structures like the European Union points into this direction. An example of another global institution that has had a vital role in world affairs is the United Nations.

The idea fueling anti-globalization movements is that it benefits the corporate world only at the expense of the ordinary citizen. For instance, in Brazil, it is an acceptable fact corporate entities are shaping the political policies because they act as lobbyists. They make campaign contributions, which in turn becomes bait to manipulate politicians. Free trade is another aspect cited as the cause of rising inequalities between the developed countries and third world countries, Brazil inclusive. It tends to give those with the financial muscle an advantage over the poor. Good examples are the awarding of contracts in Brazil; the winners are always multinational corporations because they have the financial and technological knowhow to undertake such projects. This results in the stifling of intellectual development and innovation because developing countries become dependent on foreign technologies.

Social effects

In Brazil, multiculturalism is another outcome of globalization. This component of globalization is founded on the idea that all humans irrespective of race, ethnic origin or nationality belongs to the human family. The rise of cosmopolitan communities is the immediate result of multiculturalism. In Brazil, political, religious, and ethnic differences have become insignificant, as the sharing of economic relationship, political structures, and inclusive morality are the foundations. The term “global citizen” is the result of global multiculturalism and is used to describe an individual who does not ascribe to contemporary geopolitical separations form national citizenship.

Instances of child exploitation have increased in Brail due to globalization and this has been blamed on weak or absent protectionist policies that safeguard the rights of children become victims of rogue companies and criminal groups who are keen on exploiting children. Industries, which have committed such criminal acts, include mining corporations, farming, and pornography, trafficking and forced labor. Cases of tourists exploiting vulnerable children in Brazil have been on the rise because most of these children are driven by poverty to fend for their families. Globalization has assisted to dismantle the regressive customs liable for prejudice against individual on the line of race, gender, or religious beliefs. It is a remedy to the unbearable essentialism, which tyrannizes many people in Brazil. It provides hope for the poor that one day they may be at liberty and enjoy the freedom some other nations are enjoying.

Conclusion

In conclusion, Globalization has had effects on Brazil economically, socially and politically for the last ten years. In terms of economics, it has helped to ensure that the market economy is more dynamic. The culture of static markets disappeared in Brazil following the introduction of globalization, and since then there is a rounded market where anyone can join in at any time and there is no discrimination or other forms of business oppressions. From a political perspective, globalization has helped to spread democracy. The aim of democratic globalization is to empower the citizens to participate in management of their affairs. Socially, Brazil has become more dynamic in terms of culture, and levels of poverty have been dealt a blow.

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