Monday, September 23, 2019

Analyzes pages Essay Example | Topics and Well Written Essays - 500 words

Analyzes pages - Essay Example When one considers the role transportation plays in the global dissemination of goods and services, it is but natural to conclude that those nations that constitute the hub of international shipping and road routes are poised to benefit much owing to their geographical location. According to Warf, globalization signifies a â€Å"†¦ unprecedented growth in interconnectedness, of flows of capital, goods, people and information across those borders†¦ (Warf 271).† Being geographically located at important points on the international trade routes makes a nation have access to the global goods and services and the commensurate influences they bring in their wake (Warf 284). Thereby, being exposed to the global trading activities, such nations but naturally tend to accrue economic efficiency that is the hallmark of globalization owing to having a ready access to a wide range of goods and services at a low cost, the economies of scale and the competitive advantage that goes with them. Such nations are also more exposed to diverse ideas, philosophies and cultures (Warf 284). Geographically speaking, being the primary producer of a specific resource also makes a nations accrue the fruits of globalization. For instance, considering the concentration of the petroleum industry in the Middle East, the nations in this region are bound to be influenced by global trends and ideas and are relatively more susceptible to globalization. However, the thing that needs to be kept in mind is that many a time geography may also impede globalization. For instance the regions where the transportation routes and communications technologies are not well developed like say the sub-Saharan nations, owing to economic, political, cultural or climatic reasons, may not cull out the benefits of globalization. This is because such regions are not conducive to the free flow of goods and services, people and ideas for globalization is about,

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.