Sunday, December 7, 2014

What is the relation between economics and globalization?

 Economic globalization is going along continuously. Globalization causes various changes. Globalization appeared in politics, culture, society, and others. Today, I'll talk about the economic globalization.

 I think that economic globalization's first step is export. South Korea, until now, has been high class in semiconductor, shipbuilding, smart phone, and others. Especially, Samsung is one of major company that contributed to the growth of the Korean economy.

 Economic globalization has pros and cons. Like everything else, pros and cons exist at the same time. First of all, effectiveness will increase and economic innovation will also cause. So, globalization make a difference to Korean economy. Market will expand gradually because free competition increases more and more. Price also will be stable. Development of major companies and other companies causes to economic stability. These are all advantages of economic globalization. There are weakness too. The gap between major company and small company bring up social inequality. It causes to the gulf between rich and poor. The gulf between rich and poor is the situation that can destroy our society. Now that globalization is intensifying, there are many part-time jobs, unemployment problem, and finding employment problem. Underemployment like a non-regular worker is also big problem. Our economic society problems are all weakness of economic globalization.

 In the world, we can see the globalization of economy. A good example of this is  the 'WTO'. WTO is the world trade organization. WTO is an international organization for the purpose of global economic growth through trade liberalization. In other words, the organization establishes the fundamental provision, administrates, and observes that principle. Economic organization was formed like the WTO, globalization of economy is growing up rapidly. However, these organization will be weakness for developing countries. Trade is activated, the reliance between the countries becomes high. But developing countries have specific limitations of natural resources and labor. So they rely on advanced civilization. They can't upgrade their techniques. Then, developing countries cannot help making a deal with an inequality condition.

 How to protect developing countries? Globalization of economy has not only advantages. What is the way that can conquer the weakness of economic globalization?

Monday, December 1, 2014

(Extra blog) Korea gender ratio graph

It is Korea gender ratio from 1970 to 2005. 
It was highest in 1990 and It is lowest in 1997. 

It is korea gender ratio graph from 1960 to 2010.