Differentiating Concepts of Anti-, De-, and Globalisation

There are many ways to explain what Globalisation is but the simplest version of what it is – it’s a term used for the independence and vast relationship of trade and other business-related factors with countries. Globalisation is a term used when factors such as free trade , crisis border trade and country investment is made by other countries therefore linking into the relationship term of countries. (Heakal, 2019) Furthermore the term mostly describes the how countries interact with other countries on a global level in order toga capital or bring prosperity to the country’s economy or even help with growth. Globalisation is very good for businesses because it allows the businesses to expand into the global sector. It allows the companies to invest in other countries, it brings free movement for the companies so that they can trade with other companies from different which are in the different countries. (Piie, 2019)

However de globalisation is the opposite of globalisation as the term is used for the uncertainty of investors and countries in terms of economic investment. De-globalisation puts barriers in place for the free movements of people, services and products. (Venkatasubramanian, 2018) This has also affected trade due to factors such as historical events or recession the last time this occurred was in the year of 1914 and 1945 which was quite some time back but as technology and businesses have advanced the rate of globalisation has also which has made it to come that there are very minute chances that de globalisation can ever take place again as if it does it can have a ripple affect on the globe as most country relations are interlinked thus resulting in a market crash. (Brian, 2018)

Anti-globalisation is way different then globalisation or de globalisation because anti-globalisation is a movement to counter globalisation, the movement is against the government’s system because countries have to follow a set principle to hospitalise themselves so that it can protect it self from trade agreements because some trade agreements can become hostile so would there be a way where the country can opt out of. (Sharma, 2014) An example of this would be NAFTA because in Mexico – they have a hazardous waste disposable site which they can’t get rid of because otherwise they will be sued by the United States. (BBC, 2019) Anti-globalisation wants to have a framework where they can take control. This would be classified as a political framework so where they can power the local organisation and self-determination. They also want to protect diversity which can include: What is Anti-Globalization?(Stalin, 2008).

• Cultural diversity
• Ecological diversity
• Political diversity
• Agriculture diversity

Globalisation is very huge in India because it allows the companies for free movement of goods and services. India is a very good example of globalisation as there are a lot of companies which are investing in India. As India is a growing country, it has a lot to offer to the companies. (Iccrindia.net, 2019). Companies go to India and invest because the labour is very cheap which helps the company but also helps the country in general because the companies provide the people with jobs and it increases the economy. Companies go to India because India has a globalised trade meaning that there is no control on any of the products or their price so the companies can freely sell their products there. (Toppr, 2019). We can see that India’s economy is increasing by looking at the GDP (Gross Domestic Product) which is the measure of how well a country is doing by looking at the what the incomes of people, what money is spent in the country, the value of the goods or the services which the country has produced and many more. (Ons, 2016). Below is some data from World Bank about the GDP of India – (BankOfEngland, 2019).

By looking at the GDP, we can see that India is on a constant growth which is very good for the country. The last GDP of the Country was 2726.32 billion US dollars, which is great for the country because then people can spend more, and the country has more money to invest in itself. (Tradingeconomics, 2019) India has been very successful as a country because a lot of company have invested in India – mainly tech company and fast food companies. One of the companies that have globalised to India is McDonalds. McDonald’s have more than 37000 stores around the world, they have globalised to different countries around the world. (Matt, 2019) McDonalds operates in more than 100 countries, and they have adapted to the country’s culture and beliefs. (Fox, 2018) McDonalds have adapted to the culture of India because in India people do not eat beef so the way that McDonalds have adapted to this is they have changed almost their whole menu. They have removed their beef from their foods and changed their food to mostly vegetarian because a lot of people are vegetarian in India. (BBC, 2014)

The picture on the right shows that McDonalds have removed all their beef products from their menu and have renamed them and changed the recipe of the products so from Big Mac to Chicken Maharaja Mac. They have also reduced the price of their products to match what people can afford in India and their competition. (BBC,2014)
Globalisation have helped a lot of businesses to expand and help the countries’ economy to develop but de globalisation is impacting this in a big way. Brexit is a big factor of de globalisation, as Brexit has created such a conflict within the UK. Brexit is stopping globalisation from happening because it is stopping the free trade agreement which we had with the EU. (Tsoukalis, 2019) The reason that this is stopping globalisation from happening because there are a lot of businesses which do business with the EU – where they import and export goods from the UK. (Giles, 2017). Brexit can have some big impacts on Britain because British financial markets would suffer a lot, the pound sterling will drop sharply which would affected the public because it would mean that the interest rates would be high. “In particular, the EU is the largest export market for the UK, representing 40 to 50 per cent of total exports over the past 18 months” (Saft, 2016) This is a big issue for Britain because it would mean that the UK would need to have other trade agreements ready before leaving the EU.

Import and Export are good for both companies who are in the UK or in the EU because it allows them to develop together but this cannot happen if Brexit happens and we don’t have a deal with the EU. “Brexit will hurt the Britain’s economy because it will reduce the trade ties which we already have with the EU” (Giles, 2017, p1) – which would mean that we would need to create the trade ties with other countries which can be a long process and very time consuming. This has already come into effect because it has stopped companies to move into the UK because of Brexit. An example of this would be Tesla because Tesla was planning to going to open their R&D base in the UK but Brexit was such a uncertainty which would have been very risky for Elon Musk to have their Gigafactory in the UK. This caused a huge lose for the UK’s economy because Tesla could have helped boost the UK’s economy. (Kollewe, 2019)

Brexit has been a issue for a lot of businesses, it has impacted a lot of countries. It has caused a lot of conflict’s in the parliament due to this. (Thomson, 2019) There has been a lot of conflict between US and China, the main reason for this is their trade wars. The trade war between the US and China is an example of Anti Globalisation because it opposes capitalism and globalisation. (Sharma, 2014) In 2018, Donald Trump was setting some tariffs and, he was putting in place some trade barriers on China. China is being affected in a massive way because Donald Trump put tariffs on the Chinese goods, which caused a big conflict between the two countries as the tariffs were increased by 25 cents on the 659 imports which the US was getting – the goods were worth $50 Billion. (Delaney and Lu, 2018) The reason why Trump is doing is that Trump is trying to narrow the gap between the imports and the exports because the US is getting so much imports, the country has to pay a lot for the imports, the gap is currently worth $419.5 Billion. (Partington, 2019) This has had a big impact on China because it has caused China’s economic growth to decrease because of the trade war, China’s economy is getting worse because of the trade war and it is having a massive effect on cars and also electronics. (Lee, 2018)

The biggest company which has been impacted from this is Huawei because Huawei uses the operating system from Google which is Android. The trade war has affected them in a massive way because Trump has blacklisted the company so they are not allowed to buy any technology which is made in America. (Moon and Bray, 2019) Google is a US company so Huawei is not allowed to use their operating system or their services which Google provides e.g. google play store, google chrome, google drive and many more. (Peckham, 2019) This is much worse for Huawei because there are a lot of technologies which Huawei uses that are made in the US. There were a lot of components which Huawei used to buy from the US companies which they can’t anymore meaning that they would have to make their own. (Amadeo, 2019) This would mean that it would take longer for them to make them because they never made those components before, it would cost them more because they need to get the staff and also where they going to make the components. This has resulted in their revenues being hit, their sales had dropped by 40% to 60% - this is because their international sales had fallen as they had lost a lot of customers internationally because customer want google services on their phones. (Doffman, 2019)