Answer to Question #244786 in Management for Sfiso

Question

According to Dicken (2003), globalization involves the increasing interconnectedness of different parts of the world such that physical distance becomes less of a barrier to exchanges and movements of ideas, goods, and services. Write an academic essay where you critically discuss the advantages and the disadvantages of globalization with reference to the South African context.

Answer 1

Politically, globalization has brought about the wealthy and well-organized government system adjusted via integration of political systems party that holds fair-minded economies making the government of South Africa responsible and resilient to steady economies. 

On the other hand, the detrimental effect of globalization on South Africa has been seeming, via the monetary crush and through market-driven policies, which have still economic and reformation, in job losses, predicament in education, make wider loopholes in the social security net, the closing of hospitals, water cut-offs, the disintegration of housing scarcity, and inexorable malnourishment and poverty because of expanding discrimination in what is by now the second most unequal country in the world.