Title : GLOBALISM, the Economic and Social Dimensions


It has become a problem for most developed nations, the lopsided benefits of practicing globalism which, more often than not, prioritize the developing nations. Although of course globalism is not a bad thing at all, the way we see it may be different from how some others see it. The elaborations on how globalism made its way around civilization and the dimensions, as some refer to the aspects globalism affects, the biggest effects of globalism on most East-Asian countries’ economy and the platform it provided for all of us to interact with other nations. Globalism and how it changes our rationale concerning racial differences, cultural and religious views towards one another and towards accepting differences as a part of life.


In a world with almost no barrier of expanding technologies and endless network connections, many of us do not realize we have come to a world with breeding globalization. Globalism, simply put, is merely the attitude that all those involved in globalization practice in order to achieve globalization. This phenomenon has existed way beyond our ancestors, making the world, probably, a better place to live in.

            Inevitably, the first and the utmost important aspect of life that globalism has in fact affect is, of course, the economy. Not to mention, one of the easiest aspects to elaborate on, according to Mr. Joseph Nye in his writing for the Globalist, a recognized online magazine, he defined economic globalism as “involving long-distance flows of goods, services and capital and the information and perceptions that accompany market exchange.” Does this definition ring any bell at all? Although one might not know how the exact process goes, it’s almost impossible that one has never heard of it.

Firstly, it’s simply the process of foreign investors coming into our lands, setting up their own factories, or companies and employing native workers into their businesses. This process, to put it in one recognizable word; is outsourcing. Outsourcing allows most foreign companies to produce the same or more amounts of products at cheaper costs. At a glance, we may feel as though we are being used in this process, but to think of it in a different view, in Malaysia herself, after 30 years since it was first initiated, the Look East Policy (LEP) has provided us countless opportunities in various fields, be it economy or culture. In Tun Dr. Mahathir Mohamad’s heart-warming speech during the 20th anniversary of LEP in Japan, Tun Dr Mahathir clearly emphasized that among all the eastern countries we want to look up to, we would especially want to look up to Japan, above all others. The reason behind this is easy, the ability of recovering and rebuilding itself from ashes after the war, only with the initiative of producing high-quality goods, goods of world standard, thus resulting in massive corporations like Toshiba, Mitsubishi, etc. These companies later ventured into a less-costly-yet-profitable process called outsourcing, and in Malaysia itself we are currently enjoying the abundance of job opportunities and economically enhancing via the placements of numerous Japanese companies located throughout Malaysia.

Sure enough, Japan is not the only one providing us the opportunity to be blessed under globalism, and foreign investment isn’t the only mean to aid globalization. Other way Malaysia has taken up to accelerate economic growth is through inter-country mutual trade, or international trade. For example, according to a statistics from the annual China-Asean Expo (CAEXPO), Malaysia emerged as the largest export trading partner of China’s electrical and electronic manufactured goods, capturing more than half of total export market share, while China became one of the top importers of Malaysia’s crude palm oil, importing millions of tonnes of palm oil in the year 2010. Although some might say that China suffers trade deficit dealing with Malaysia, this bilateral trade has in fact helped extend the depth of the China-Malaysia bond, not to mention the globalization that we are all being given the opportunity to experience.

            Once economy has change and revolves alongside globalism, many aspects of life change with it, socially and culturally. Basically, the point of view of individuals differ from one nation to another, and before the arrival of globalism, it is safe to say that we all feared each other, and this fear then hinders the interaction between any two different nations. However, with the help of globalism; mankind has discovered a way around this great barrier. Through the sharing of information, be it on the internet, or through a more conventional way; the trade networks, as densely elaborated before, people learn more about one another, people learn of a new nation and the once-closed ways of thinking gradually matures into a broader and wider perspectives, allowing differences between two nations to be something acceptable, and even integration of cultures in certain places.

            For example, as a result of Malaysia’s implementation of the LEP 30 years ago (as of 2012) and our emphasis on Japan and its cultures, Malaysia has yet to adopt Japanese ways of living and working, while the Japanese gets more comfortable around Malaysia’s cultures and religion restrictions. Even here, where religions do not play an important role in most Japanese’s daily lives, they learn of this new thing and to them, this is something very interesting. Since Japan is an island country, they are not directly exposed to anything that happens outside their safe-zone and all they are able to do is learn from what the mass media has to offer. This is turns, was the reason why the Japanese has a hard time accepting foreigners. Although it was different some twenty years ago, when the Japanese were experiencing the infamous bubble economy period, apart from Americans and other nationals of western countries, Japanese made a point of not interacting with any foreigners from other Asian countries, mainly because the Japanese believed they were superior to any other Asian countries as they were able to rebuild their economy impressively in a short period of time right after the war. Many foreigners who came from countries such as Pakistan or India were incredulously discriminated, while western country nationals were left free to roam wherever they want. It took Japan quite a while to learn that it was time for them to focus more on their relationship between other Asian countries.

That was the perfect time, the time when LEP was initiated, and to the Japanese who had once ransacked Malaysia and stripped her nation to the core, this move by the then-Prime Minister was very touching. Japan wasted no more time and agreed with this movement. As time moved forward, and globalism made its way through civilizations, Japanese no longer look down upon the less developed nations, in fact, they felt tremendous remorse for the insolence of their ancestors, and they were most of the time, so sorry that it drove them to apologize whenever they were told of the unforgettable history. They are now even more welcoming of foreigners, and here, the subjects of the Look East Policy graduates of Japanese universities are benefiting from all sides of globalism.

Furthermore, if we look at the present society very generally, and if the present times are to be compared with the past, the most obvious change as a result we can easily identify is the empowering of women standards in society. As one of the bigger side-effects of globalism, our times are acknowledging women as a part of hierarchical roles, allowing more women to secure works in industries used to be dominated by men. Not to mention the demands for higher education and skilled experts motivated people all over the world to acquire knowledge without barriers. Back in the old days where a woman’s place is at home, men controlled everything and women had no right to voice out their opinions. Globalism allows equality between both sexes and these times requires identical treatments in any situation for both men and women. In fact, the weaker sex has become a very important part of civilization, so important that some special treatments for women seemed only too biased for some men.

Without doubt, globalism revolves around countless dimensions, yet the most profound impact is probably on economy and of course, social and cultures, where any developing countries in the world can benefit from the more developed countries in terms of technologies and information. Although some developed nations went bend over backwards in order to stand in the way of globalization, primarily because globalism benefits the less developed countries in most ways, nationals of the less developed countries are likely to be enjoying more from the effects of globalism rather than not.

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