PHENOMENON OF
GLOBALIZATION: ITS
PROS AND CONS
D. Dolzhenkov, IE-09
Structure
1. Globalization as a
phenomenon, its causes and
consequences.
 2. Advantages and
disadvantages of globalization.
 3. Implications of globalization
in Ukraine.

What is Globalization?

Globalization is a process of
economic, political and cultural
integration and unification.

Globalization involves many
countries and majority of huge
enterprises.
Main Advantages of Globalization
Advantages
Developing
international
trade and
companies
Enhancing
information
speed
Reducing
the
probability
of
beginning a
war
Main Disadvantages of
Globalization
Disadvantages
Unemployment
Great
dependence
of one
country on
others
Extreme
pollution of
enviroment
Ukraine’s Balance of Trade
30000000
25000000
20000000
Export
15000000
10000000
Import
5000000
SA
U
A
si
a
op
e
E
ur
R
us
si
a
0
Conclusion

Globalization needs permanent
control from the governments.

Globalization affects all people’s
lives.

Globalization has both advantages
and serious disadvantages.

Reducing the impact of negative
sides of globalization is the main
target of modern scientists.