We're taking Globalization and development so let me just air my initial thoughts about it first. First off, we believe that globalization is a phenomenon that is occurring even as we speak. It has affected how we relate and interact with other countries and territories in many different aspects (more specifically in economic, social and political aspects). The aim is that globalization aims to integrate more and more countries and territories to open up and interact more in the pursuit of free trade and free enterprise and to eliminate barriers and anything that hinders this interaction and integration. On the one hand, we also have development. Now often, progress and development often go hand-in-hand. The essence is that people want to improve their lives and basically their situation because as human beings, people want to seek for more. It's human nature after all. It simply lies in the desire to seek for betterment and achieve more, become more and gain more because possibilities in life are as endless as we can possible ever think or conceive of. As part of the initial entry, the aim is to just give a breather on what I would soon learn or discover even more regarding this. The truth is, globalization is good. Yet unfortunately, there are bad sides to it (such as the inability for countries and territories to compete in the global arena, protectionist policies, etc.). This is even more evident given the dominance of the capitalist economic systems in place. Who stands to benefit the most and who has to lose the most as a result of giving in to those who dominate?
In addition to that. We want to look at the effects of globalization even in Philippine context. As such, it does raise a lot of questions as well. Is globalization a good thing or a bad thing for the Philippines? Who is affected? How are they affected? How has it influenced or shaped the local economic landscape? Why is it needed? If not, why is it being detrimental to our ability to develop further? Take a look at our situation for example. For instance, one of our biggest exports right now is human labor. Yes, we are probably known for sending overseas workers to other countries and territories so yes, human capital is one of our primary economic resources. It is good and all and there are benefits......but at what cost? The social implications are evident and it just shows that we continue to rely on overseas laborers to make for any of our economic shortfalls. We also look into other things like exports of our products as well as the challenges these face overseas (especially with those that still implement protectionist policies to protect their own business and resources).
This is important because globalization affects us all (be it directly or indirectly). It affects the way we stand in the global arena and it even shows us as to how we are doing as we seek for development and progress. This is really important for us to understand the systems that are in place as well as the structures and institutions that revolve and influence these because of the fact that the more we understand these, then the more we can utilize this to our advantage and does we would be able to benefit more from it (as well as understanding the negative implications it has so we can avoid those).
Ultimately, we want to achieve a win-win situation as much as possible and I bet that is what every single person on this planet can agree upon
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