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

Reducing
Developing Enhancing the
international information probability
trade and speed of
companies beginning a
war
 Main Disadvantages of
Globalization

Disadvantages

Great
dependence Extreme
Unemployment of one pollution of
country on enviroment
others
 Ukraine’s Balance of Trade

30000000

25000000

20000000
Export
15000000

10000000
Import
5000000

SA
a

a
e
si

si
op

U
us

A
ur
R

E
 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.