In: Economics
Globalization is the process of the world becoming more connected. Like any process that involves economic choices, it has positive and negative consequences. China is one of the world's fastest-growing economies, and it has experienced many consequences as the result of globalization. One severe consequence has been a sharp increase in air pollution. In an informative essay, describe the effects of globalization on air pollution in China's largest cities. Use outside research to gather anecdotes and data to help you demonstrate your findings?
Globalisation meant as the integration of market with the global economy which leads to increased interconnection of national economies. Markets where globalisation is particularly significant include financial markets, such as capital markets, money and credit markets, and insurance markets, commodity markets, including markets for oil, coffee, tin, and gold, and product markets, such as markets for motor vehicles and consumer electronics . Globalisation covered and connects whole world as one.
Globalisation become the eyes of some, the epitome of everything that’s wrong with the world – allowing multinational corporations to drive down wages, run roughshod over workers’ rights and even challenge democracy itself.But an international team of scientists has now laid another alleged crime at its door – the premature deaths of more than 750,000 people.They found that 411,100 people died in 2007 after breathing in fine particles of air pollution, known as PM2.5, which were carried on the wind from one region of the world to another.
How Globalisation affects china ?
China is one of the biggest country interacts inwithin globalisation with its economy booming and developing in recent decades, due its low wages cost. But it has also seen levels of pollution increases to shocking levels that have caused considerable disquiet and helped the Beijing Government to prompt and move towards to renewable energy on a large scale.The researchers wrote: “Improving pollution control technologies in China, India and elsewhere in Asia would have a disproportionately large health benefit in those regions and worldwide, and international cooperation to support such pollution abatement efforts and to reduce ‘leakage’ of emission via international trade is in the global interest.”The researchers found that PM2.5 pollution from China helped cause the premature deaths of more than 3,100 people in Western Europe and the US.Production of goods and services for markets in Western Europe and the US was also linked to more than 108,600 premature deaths in China.