Monday 24 February 2014

Pros and Cons of Globalisation


Post-16 Feedback Form


 

Focus: (21/02/14)
Essay Feedback
 
What are the pros and cons of globalisation?
 
Level 2
Strengths:
1.      You have started to include the appropriate terminology for the task but this is not developed throughout the essay. (4 marks)
Areas for improvement:
1.      Develop your explanation ensuring you refer to current Media theories to strengthen and build an argument for the question. On the whole, it was not clear which question you were answering. (8 marks)
2.      Develop your use of examples and use them to expand your ideas of the pros and cons of globalisation. (6 marks)
Resulting Actions  (student response):
 
 
 
 
 
 
 

To gain a Level 4:

 

Explanation: 16-20 marks

Candidates adapt their learning to the specific question in an excellent fashion and make connections in order to make a coherent argument. The answer provides a clear, fluent balance of Media theories and knowledge of industries and texts and an informed personal engagement with issues and debates.

 

Use of examples: 16-20 marks

Examples of theories, texts and industry knowledge are clearly connected together in the answer. History and the future are integrated into the discussion with conviction.

 

Use of terminology: 8-10 marks

Throughout the answer, material presented is informed by Global Media theory and the command of the appropriate conceptual and theoretical language is excellent.


The Pros and Cons of Globalisation[LMS1] 

 ‘The inexorable integration of markets, nation-states, and technologies to a degree never

witnessed before, in a way that is enabling individuals, corporations and nation-states to reach around the world farther, faster, deeper and cheaper than ever before . . . the spread of free market capitalism to virtually every country in the world.’ (T.L. Friedman, The Lexus and the Olive Tree, 1999, p. 7-8[LMS2] ).

 

Worldwide, we now communicate and explore each other’s cultures through travel and trade, the world has become interconnected. Products can be transported around the world in days and even hours[LMS3] . We are in an ever growing global economy and the slightest changes can have a knock on effect around the world. Globalisation helps small companies expand and evolve to suit the consumer[LMS4] . The richest companies are not local businesses but multinational corporations; Coca Cola is a prime example of a company that has excelled with globalisation.

Globalisation is a result of four main factors: Improvements of communications, improvements in trade, freedom of trade and labour availability and skills. Improvements in communication have excelled over decades, the Internet and mobile technologies have resulted in quicker and easier communication all over the world, whether it’s for social use or for business[LMS5] .

Countries trade with each other when, on their own, they do not have the resources, or capacity to satisfy their own needs and wants[LMS6] . By developing and exploiting their domestic scarce resources, countries can produce a surplus, and trade this for the resources they need. Clear evidence of trading over long distances dates back at least 9,000 years, though long distance trade probably goes back much further to the domestication of pack animals and the invention of ships.

Today, international trade is at the heart of the global economy and is responsible for much of the development and prosperity of the modern industrialised world. Larger cargo ships had meant that the cost of transporting goods to and from counties has decreased, we can also now be on a completely opposite side of the world within hours. Freedom of trade helps to remove the barriers between countries. Most nations today are members of the World Trade Organization (WTO) multilateral trade agreements[LMS7] . However, most governments still impose some protectionist policies that are intended to support local employment, such as applying tariffs to imports or subsidies to exports. Governments may also restrict free trade to limit exports of natural resources. Other barriers that may hinder trade include import quotas, taxes, and non-tariff barriers, such as regulatory legislation.

The World Trade Organization (WTO) is currently now under fire for failing to take into account labour standards or the environmental impact of trade. Labour availability and skills in countries such as India have lower labour costs (about a third of that of the UK) and also high skill levels. Labour intensive industries such as clothing can take advantage of cheaper labour costs and reduced legal restrictions in less economically developed countries. Companies such as Primark have been exemplified for exploiting children workers in under developed countries[LMS8] .

Globalisation has resulted in an increase in international trade, companies operating in more than one country (multinational corporations), greater dependence on the global economy, a small change can have a knock on effect around the world, freer movement of capital goods and services and recognition of companies such as McDonalds[LMS9]  in Less Economically developed countries. Globalisation is blamed for many of the ills of the modern world, but it is also praised for bringing unprecedented prosperity. Although globalisation is probably helping to create more wealth in developing countries but it doesn’t help to close the gap between the world's poorest countries and the world's richest.

There are many pros and cons to globalisation. Globalisation has increased free trade between nations, increased liquidity of capital has allowed investors in developed nations to invest in underdeveloped nations, corporations have greater flexibility to operate across borders, global media ties the world together[LMS10] ,

 


 [LMS1]An introduction is needed.
 [LMS2]If you include a quotation, make sure you use it to either support or disprove your ideas.
 [LMS3]How does this impact the media?
 [LMS4]How?
 [LMS5]Do you see this as a pro or a con? Why?
 [LMS6]What are these, generically? An example would boost your marks.
 [LMS7]Why? How does it link to the pros and cons of globalisation?
 [LMS8]An expansion is needed here – use Primark as a detailed example. You can Google articles for it.
 [LMS9]This could also link to Coca Cola. What impact has this particular company had with globalisation and is it a pro or a con? Why?
 [LMS10]An example would help boost your marks.
 
If this is your conclusion, it doesn’t match the rest of your essay and would have worked well as an introduction.

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