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Even though globalization affects the world's economies in a very positive way, its negative side should not be forgotten. What is your view? Discuss. Although However, globalization promotes the worldwide economy positively, the governments and nations should not be ignore /neglected of its detrimental results, hence, while it is considerable as a leverage in the circle of economy, it could harm some aspects of economy. First of all, globalization has greatly influenced the world's economy in proper ways. It involves the increased integration and interdependence of national economies. Furthermore, it reflects the intensified importance of the whole international economy. For example when a multinational company establishes a factory in developing countries, new equipment, fresh management skills and job vacancies are all in the best interest benefit of local society. By globalization people all over the world can communicate together easier via the internet and totally virtual world. For example, individuals can obtain some professional skills through the experts who are specialized in some professions via those technologies. On the other hand, nobody can deny the devastating consequences of globalization. However, some economists and sociologists believe that not only has it it has not created the job opportunities, but also it is has decreased substantial development of economy and employment in some countries. As a result, when some countries like china are is experiencing high job growth and also have a is thriving economy,. on the contrary, some other countries have shifted to consumer societies. For example when the factories in china produce a huge amount of goods in a short time due to high cheap labor, therefore, these commodities would be presented low‐priced which entices some communities to purchase them instead of supporting local byproducts. At In this rate they will become dependent on those producers. Purchasing the productsions of other countries excessively, communities causes demotivation for many local and domestic producers. In conclusion, although globalization is has been a controversial issue in recent decades, whether it is a blessing or curse, its increasingly fundamental role in revolutionizing the economy is undeniable. As a matter of fact, the governments are liable to implement some comprehensive strategies so that globalized economy's pros would outweigh the cons. AREFE