Impact of Globalization in Development: Discussion on 17 Oct 2006 – DCE 3401

  1. People can receive instantaneous news around the world.
  2. We can easily cultural exchange from other countries in the field of cultural development.
  3. Globalization can help to facilitatedemocratization.
  4. Global institutions/ globalization are dominated by the rich and powerful.
  5. To increase foreign direct investment (FDI).
  6. Place our well-being and security at risk.
  7. Foreigners have their own agenda.
  8. Globalization has made diverse culture due to influence of global media.
  9. Reduce the number of absolute poor people.
  10. Increase in violence and crimes.
  11. Globalization widens the gap between the poor and the rich / the haves and the have-nots
  12. Exploitation of religions (e.g: the western blames Islam as terrorist)
  13. Globalization puts less emphasis on CD.
  14. Countries were born- independent from imperial domination.
  15. An excellent medium for propaganda attack (ideology, culture, religion, politic).
  16. Globalization causes the freedom of internet is cherished and loaded.
  17. Globalization gives impact to countries sovereignty.
  18. Globalization provides peace and prosperity.
  19. Profit making through global market
  20. Increase in unemployment in certain sector.
  21. Blueprint for making bombs can be downloaded on the net.
  22. Cyber generations hook on the destructive web games.
  23. Freedom has become an intrinsic value.
  24. Better equipped and informed to handle our own problems without asking for third rate help.
  25. Free flow of funds and services.
  26. Reduce patriotism among the younger generation because of the external influence.

26. Creates competitiveness in economy.

  1. Increased level of education especially tertiary level - by collaboration with other institutions in the world / twinning program / franchise.
  2. The laissez-faire is becoming dominant.
  3. Virus is more powerful in the usage of computer.
  4. Becomes a challenge to government in ICT control.
  5. Creation of Malaysian branding at international level.
  6. Cyber terrorism.
  7. Ideally should create uniformity.
  8. Globalization is moving from conservatism.
  9. Increase participation at global economy.
  10. Globalization increases preference for fast food.
  11. Creates new way of colonization (big countries mastermind currency and economy of smaller countries)
  12. Increase medical technology (for better awareness and treatment)
  13. Development of hybrid technology
  14. Increase level of migration (causes unemployment among citizens)
  15. Increase e-commerce/e-business
  16. Currency improvement due to foreign exchange (value of foreign currency affects domestic currency)
  17. Sharing of expertise for example in architecture
  18. Rapid industrialization (SMEs, high tech, downstream industries)
  19. Massive growth of human resource development
  20. Improvement in import and export
  21. Increase eco-tourism