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Effect of Globalization. According to JH Mittelman, “globalization means a
historical transformation in economy and cultural diversity. ...
globalization. Globalization ... Alternate definitions of globalization have
slants related to the group or industry defining it. For ...
Globalization. ... The world has slowly been becoming one giant marketplace. Globalization
has helped to boost economies as well as increase the ease of travel. ...
What is Globalization? Globalization ... It should not be narrowly confused with
economic globalization, which is only one aspect. While ...
Globalization. For every organization ... To be more specific, globalization provides
a key to an organizational success. Globalization and International ...
Submitted by loseyourmind on November 20, 2006
Category: History Other
Words: 1568 | Pages: 7
Views: 314
Popularity Rank: 30,251
Average Member Grade: N/A (Add a Comment / Grade this Paper)
The effects taken on the city of St. Catharines by General Motors after the implementation of the North American Free Trade Agreement.
When the term globalization is used, people often imagine a world that has no boundaries in the areas of communication, trade and mass production. Although this may sound ideal, there are also the negative effects of globalization that a society may be exposed to, which include: the outsourcing of labour, deregulation of the economy and massive cut backs in wages and labour. The effects of globalization have and are still currently taking place in the city of St. Catharine’s, Ontario. Globalization took it’s toll on the city in January of 1994, when Canada, the United States and Mexico launched the North American Free Trade Agreement (NAFTA) and through this formed the world’s largest free trade area. The NAFTA was established to bring economic growth and a strong foundation for future growth for the member countries. The NAFTA has greatly affected many manufacturing areas of employment. The General Motors manufacturing plant, which is known for being the world’s largest automaker and a global sales leader since 1931 having operations in 32 countries world wide and employing more than 325 000 has particularly been affected. This is evident in St. Catharine’s Ontario where the NAFTA has been detrimental to the city due to cut backs by General Motors, which put people out of work, when labour was outsourced where the job could be done cheaper according to the Center for Immigration Studies. The effects of globalization are also felt throughout the city St. Catharines with the detrimental toll that it is taking on the city’s social factors and indicators. Another aspect that reveals the negative effects of the NAFTA and globalization on the city of St. Catharines is the “spin off effect”. The spin off effect reveals how the cut backs made by the General Motors plant also effects the employment of companies...
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