globalization is not inevitable

globalization is not inevitable

No doubt, the economic globalization is the most obvious trend of current world economy. The world wide free trade, financial market liberalization, deregulation, and privatization made the world economy experienced unparalleled flourish in last decade. Rapid development of international trade has become the locomotive of world economic development. International Financial developed so widely and deeply that huge amount of money at the free flows between countries. The speedy growth of international direct investment shows diversification patterns. Multinational corporations become more and more dominant force in the world economy. The great changes made almost all individuals and governments so delight that the bright union-market will cover every corner of the world seems just ahead of near future. Indeed, globalization is a phenomenon, but I have to say the continued economic globalization in our information society is just like the tides, sometimes in high level, sometimes fade. It is NOT inevitable to process in the same direction.

As we know, the development of free market economy relies on the consumer needs, wants, demands, and customer value recognition. It controlled by the basic principle of supply and demand, cost principle. Profit motivation and capital expansion are the natural characters. Globalization provided an extreme large market and consumer’s demands; worldwide allocation of labors, raw materials, scarce resources satisfied new balance of supply and demand; less limitation on capital investment greatly increased profits and market occupation. Most of these are the inner factors that initiated and enhanced the trend of globalization. Meanwhile, the explosive growth in computer, telecommunications, information collection, transportation and other technologies since 80’s last century has had a major impact on the cost of business; especially the development of internet has shrunk the geographical and cultural distance dramatically, the...