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Opinion.....

Globalization refers to actions taken by members of the international community to deepen economic ties to become interdependent. Without a doubt, globalization has had a positive influence on the global stage. Trade has significantly increased among countries as infrastructure and technology improves. Thus, consumers have a wide range of products and services to purchase. The competition witnessed as multinationals try to outdo one another has resulted in low prices. Globalization has also led to improved standards of living. The World Bank in 2014 projected that acute poverty in the globe had reduced by 35 percent (Okpara & Agwu, 2015). Okpara and Agwu (2015) postulate that globalization has had significant drawbacks. Countries have witnessed increased environmental pollution as multinational corporations exploit natural resources. It has made them amass significant power, almost dictating what sovereign governments ought to do. Also, increased interconnectivity has resulted in numerous global health risks. An outbreak in Africa can quickly spread throughout the world and become a full-blown pandemic. Okpara and Agwu (2015) present a convincing case on why the intricacies of globalization need to be reassessed. It is because the world risks entering a crisis where the environment, economic, and political order is ruined. Globalization has opened up the labor market. It is good news for young people who yearn for career advancement. Migrant workers can move to new countries with minimal bureaucratic red tape. The future portends a world where ideas can be exchanged seamlessly through technology. Thus continually fueling human progress .