Globalization Essay Example | Topics and Well Written Essays - 250 words

Globalization - Essay ExampleWhile such benefits every maintain or heighten the status of globalization, globalized progress occurs at the cost of the distribution of gains. Where considerable gains ar obtained by rich nations or individuals, greater inequalities result, further causing potential conflicts within local settings and abroad. some other probable cost is perceived in the control of national economies which could shift from sovereign governments to other entities, typically leading to extreme nationalism or the rise to fundamentalist political movements (Intriligator). By examining an article near Fiat, written by Jorn Madslien, one may view and better understand a concrete scenario of how be and benefits work under globalization. According to the article, Fiats intention to adapt to flexibility by splitting group to develop a division on non-car assets and merge economies upon integration with Chrysler and other huge manufacturing firms entirely reflect the authors agreement to the position that places globalization on the necessity of interdependence.