INTRODUCTION

The execution of the following work has the main purpose of investigating and
deepen everything that encompasses and maintains a close relationship with the
globalization. In this way, in the present work it will be possible to observe in its great

majority of all the relevant points on the topic of globalization, making a

review of its concept, its history, the existing types of globalization, their
characteristics, timeline of events in development, causes and
consequences
among other highly relevant aspects on this topic.

This process known as globalization should be noted that it has had a high
repercussions in the world and this has been reflected in significant changes
that this has brought with it. It has clearly been a process that has compromised
not only the economic aspect but also the technological, social, and cultural aspect to
world scale. Globalization has led to greater interdependence.
among the countries of the world, and emphasizing what has just been mentioned, it is worth noting

indicate that it has united its markets, societies, and cultures all this through
transformations both social and economic and political that give them a
worldwide character.

This interdependence we have previously spoken about can be expressed

which is reflected in the international flows of goods, services, capital, and
knowledge. Undoubtedly, it is key to point out that this is a process of
growth of financial, industrial, commercial capital, human resources, political
and any kind of exchange activity between countries. No more,
after this brief introduction about globalization, let's move on to
continuation of the preparation of this research work.
 OBJECTIVES

GENERAL OBJECTIVE

Conduct a thorough investigative work that covers the aspects of

of utmost importance regarding globalization and, of course above all
broaden our knowledge about globalization given its relevance
a process like this represents globally.

SPECIFIC OBJECTIVES

Describe in detail this process called globalization.

State the characteristics of globalization.

Categorize the existing types of globalization.

Recognize the advantages and disadvantages of globalization.

Identify the impact that this process has had in Colombia.

 GLOBALIZATION
Although the world is made up of large geographical and political divisions,
cultural relationship, it is currently possible for two people to maintain a
real-time communication with the other; it is possible to go from one day to the next to

the farthest point on the planet by taking a plane; just like a product
produced in Asia can be exported to America routinely.

All these processes, while they may seem very common today, the truth is that
A few years ago they were not so simple. But in the present they are, thanks to the
globalization process that we have experienced in recent decades.

There are many different conceptions about the definition of globalization.

However, it can be summarized that it is a dynamic process that is
composed of an increasing interdependence among the countries of the world.

Something that occurs using as a medium, a series of transformations of a character

global. The borders that previously represented so many limitations, with more
frequency is less relevant.

It is a growing process of industrial and trade internationalization.

driven by the free flow of goods and capital, which has escalated from a
exponential manner with the use of technology.
Supporting the above, we can say that globalization is a historical process.
of global integration in the economic, political, technological, social, and
cultural, which has turned the world into an increasingly interconnected place. In
In this sense, it is said that this process has made the world a global village.

The progressive dissolution of economic and communication borders has

generated a capitalist expansion. This, in turn, has enabled investments and
global financial transactions aimed at distant or emerging markets,
in terms that used to be very difficult, highly costly or
unviable.

The process of globalization has changed the way countries interact.

the subjects.

It has generated a significant impact on economic aspects (labor market, trade

international), politicians (establishment of democratic systems, respect for the
human rights), as well as greater access to education and technology,
among others.

This process has obviously also affected politics. The notion that the
nations are not alone in the world, has caused certain decisions
of a global nature must be taken in consensus among all countries, to
through the designated organizations. Although it is true that many times
the most powerful countries take the lead in these
organizations.

This is the reason for the existence of a good number of organisms.

international in this globalized world, such as:

The UN (United Nations Organization)

The IMF (International Monetary Fund)

The OECD (Organization for Economic Cooperation and Development)

Although this concept is not a new one, and in fact it began to be talked about
Since the second half of the 20th century, there are experts in the subject, such as Aldo Ferrer.
who indicates that this process is truly part of a larger one that was born in
1492. It was just with the discovery of America and the European colonization of it.
world. No matter when globalization began, there is something that is
undeniable and it is a complex phenomenon that still generates opinions
different among people.

For some, it threatens national identity and is a form of neocolonialism because

part of the world's powers. While for those who defend it,
they explain that it is a huge opportunity for economic development and the
connectivity between nations.

And while there can be conflicting opinions, one thing that doesn't change is that the
globalization is inevitable. A process resulting from human progress,
chaotic in many cases and requires adjustments and a conscious evolution.

HISTORY OF GLOBALIZATION

Aldo Ferrer points out that the current process of globalization is part of a process
began in 1492 with the conquest and colonization of America by Spain.
Marshall McLuhan argued as early as 1961 that the media
electronics were creating a global village.

Rüdiger Safranski points out that following the explosion of the atomic bomb in
Hiroshima in 1945 gave birth to a global community united in the fear of a holocaust.
worldwide. The beginning of globalization has also been linked to the invention of
chip (September 12, 1958), the arrival of man on the Moon, which coincides
with the first worldwide satellite transmission (July 20, 1969), or the creation
of the Internet (September 1, 1969).

But in general, the beginning of globalization is located at the end of the War.
Cold, when the Soviet Union and the communist bloc disappear.
headed, whose failed collectivism experiment represented the waning of
the projects of closed societies and protected economies. Although the
the self-dissolution of the Soviet Union occurred on December 25, 1991, it has
generally symbolize it with the fall of the Berlin Wall on November 9
1989.

The process of globalization also puts protectionism in crisis and the

The Welfare State had gained popularity during the interwar period,
when in capitalist nations the notion is spread that the State has
a dual fundamental role in the proper functioning of the economy: one in
to ensure the prosperity of the population and the other to prevent cycles of growth
and recession. This creates the foundations for the emergence of Keynesianism and the Deal
New.

In the following decades after World War II, there was the
emergence of the preeminence of 'corporations' or multinational companies,
that displace the importance of companies in classical capitalism so much
Adam Smith, like Karl Marx, realized when they formulated their theories. It was seen in
Germany is a precedent for the success of liberalization that other countries would follow:
resurgence of its nation in the so-called German Miracle.

However, a new crisis that began in the mid-1960s

(see stagflation), exacerbated by the 1973 oil crisis caused a
radical reorganization of the economy, based on the intense promotion of the
technological innovation (ICT), the reform of development policies (see
Washington Consensus) and attempts to dismantle the Welfare State,
which came to be seen as —in the words of Margaret Thatcher— a 'state
nanny, suffocator of freedoms and restrictor of the ability to choose
the individuals.

Since the 1970s and 1980s, several analysts and politicians found
necessary or convenient to make a strong criticism, whether from a point of view
pragmatic or from a liberal point of view to sociopolitical and economic forms
previous ones, which they considered state-oriented and consequently restrictive
both individual freedoms and economic and social development,
proposing new ways to create a favorable ground for the
revitalization of economies.
In the military dictatorship of Pinochet in Chile (in what was called an "experiment," see
Miracle of Chile), followed by that of Thatcher (1979-1990) in Britain) and the
from Reagan (1981-1989) in the U.S., etc. They partially implemented the policies
economic theories of economists like Friedrich Hayek and Milton Friedman
respectively, which actually resulted in the generation of new
interrelationships between economic factors and markets around the world
(consumers, work, natural resources, financial investments, etc.); without
embargo, both governments were heavily interventionist in other areas.

From then on, other governments would implement measures combining some level
of economic liberalism together with state technocracy, often to
to manage to satisfy social sectors and groups with some degree of interventionism
of pressure that reject the dismantling of the Welfare State. All this
the phenomenon in public policies would be known, especially by its critics
coming from post-Cold War socialism, under the polysemous term of
neoliberalism

On November 9, 1989, the Berlin Wall fell, opening

the path to the implosion of the Soviet Union in 1991 and the disappearance of the bloc
communist. From that moment on, a new historical stage began: the
globalization. In light of the events from July to September 1989, the political economist
American Francis Fukuyama published an article titled The End of History,
he came to say that 'what we could be seeing is not just the end of the War
Cold, or from a particular post-war period, but the end of history as such:
this is, the final point of the historical evolution of humanity and the
universalization of Western liberal democracy as the final form of
human government." He would later retract such a statement.

During this period, the role of international organizations such as the WTO stands out.
OECD, IMF, and World Bank that have been portrayed as drivers in recent decades
of globalization, however, globalization being a civil and
the market tends to be seen as a spontaneous order independent of
the political organisms, being discussed whether the actions of the organisms
Supranational organizations hinder rather than facilitate globalization. An organization
a private entity that meets annually to support the globalization process is
the World Economic Forum.

CHARACTERISTICS OF GLOBALIZATION

The most important characteristics of globalization are the following:

It is a planetary phenomenon, that is to say, it manifests all over the world.

It is universal, as it encompasses all aspects of human and social life.

It is unequal and asymmetrical, as it impacts in very different ways depending on

the level of development of each country and its share of participation in power
worldwide.

It is unpredictable, meaning its results cannot be anticipated.

It depends on connectivity and telecommunications.

It implies the spatial reorganization of production.

 Globalizes goods and promotes uniformity of consumption.

It forms a global financial model.

TIMELINE OF THE EVENTS IN THE DEVELOPMENT OF THE

GLOBALIZATION

Period: 1560 BCE to 1600 BCE

Emergence of the first forms of negotiation through Barter,

which consists of the exchange of agricultural products or wealth.

Period: 1401 to 1500

EMERGENCE OF CURRENCY
 Beginning of a great advance in the economy, as the
Romans they began to involve the use of gold coins, in the
transactions of commerce and as a tool for storing values.

1492

ARRIVAL OF EUROPEANS IN AMERICA

The Europeans arrived in America with the possibility of

start with the exchange market and new products.

Period: 1501 to 1600

COMMERCIAL ROUTES
Between the 15th and 16th centuries, the construction of new routes begins.
commercials, in order to supply the high European demand for luxury goods and
promote the exports of products that are not generated in others, by
sailing ships and steam ships.

1800

FREE TRADE

Start of trade between countries without any type of regulation,

starting a new economic development.

1870

Industrial Revolution
Excess of resources, growth of production, shortcomings in agreements, expansion
from the merchant bourgeoisie, emergence of modern states, greater interest in
wealth, development of means of transport, invention of the printing press, expansion
of monopolies.

1870 to 1890

FIRST STAGE OF INTERNATIONAL TRADE

International trade thrives with great intensity,

especially the mechanical industry from England to the whole world.

1914

FIRST WORLD WAR

The main capitalist powers begin to get involved, establishing
global negotiation agreements, this generated great disorder in the
economic circulation, where military groups were given priority.

Period: 1947 to 1958

CREATION OF AGREEMENTS

During this period, some agreements such as GATT (General Agreement on Tariffs and Trade) were created.

General about Customs Tariffs), Elimination of these Tariffs, creation of

the OAS (Organization of American States), Adjustment in imports
balance in the budget, greater monetary stability, strength in credits and
strengthening external payment capacity.

Period: 1970 to 1994

EVENTS
Between 1970 and 1988, the state of Mexico became internationally active,
expanding its presence with international organizations, seeing the need to
expand their imports with other developed countries. then the was created
WTO (World Trade Organization) facilitating Mexico and Canada
circulation of goods and services.

1994 to 1996
they achieved significant economic growth of up to 80% in transactions,
tripling the gross growth rate of global imports.

1996 to 2010

Some events occurred such as the loss of economic dominance of

the United States and the rise of Germany and Japan as powers
economic issues, causing a reduction in profit margins, subsequently the
The exchange rate remained constant in relation to the euro.

Period: 2010 to 2021: THE LAST DECADE Y FUTURE OF THE

GLOBALIZATION: During this decade, the globalization of the economy has
entered into a severe crisis, being forced to transform after the great
depression and the Second World War, forming alliances with some countries
developed, where growth has been a bit slower. so that the
for globalization to have a great development again, the union of the
governments to identify and solve economic problems with a vision
broadens in favor of better development for the future.

TYPES OF GLOBALIZATION

Economic globalization
Economic globalization consists of the creation of a world market that does not
contemplate tariff barriers to allow the free movement of capital, good
sea, financial, commercial and productive.

The emergence of economic blocs, that is, countries that associate to

promote trade relations, as is the case with Mercosur or the Union
European, is the result of this economic process.

In the twenty-first century, economic globalization intensified further, achieving an impact

in the labor market and international trade.

Political Globalization

Globalization has fostered the creation and development of different mechanisms

to respond to and solve a myriad of problems that have become global
and that affect us all.

Some examples of this are climate change, poverty rates, use of

natural resources, among others. Therefore, institutions have been created and
international organizations, for example, the Organization of
United Nations (UN), in order to face these problems and provide the best
possible solution.
 TECHNOLOGICAL GLOBALIZATION

Technological globalization encompasses access to information, the Internet, and media.

of communication, as well as the various technological and scientific advances in the
industrial area and health.

We live in an interconnected world, information is shared at a greater

speed and distance, people are more informed about what is happening
in their country and around the world through various channels of
communication that exists.

Transportation means have also benefited from technological advancement and

scientific. For example, mechanisms have been developed to reduce consumption
of fuels and the levels of pollution, vehicles have higher
security systems, among others.

Cultural Globalization

Cultural globalization has arisen as a consequence of relationships.

internships derived from the exchange of information, technology, economy,
tourism, among others.

By expanding consumer markets and the exchange of goods and services

Cultural connections have been established between countries and communities.
through cinema, television, literature, music, gastronomy, fashion, theater,
museums, among others.

This has various positive and negative aspects. Some highlight the dissemination
of universal values, greater access to information and cultural exchange.

However, smaller social groups are affected by the

consumption of cultural products of greater reach and, even, to the loss of
certain eigenvalues.
 SOCIAL GLOBALIZATION

Social globalization is characterized by the defense of equality and justice.

for all human beings. Taking this meaning into account, it can be
to assert that a globalized world, in the social sphere, is one in which everyone
human beings are considered equal regardless of their social class, beliefs
religious nor cultures.

Causes of Globalization
Globalization, like all processes of transformation, owes its emergence to certain
causes, which have been evolving over time and adapting to new
demands of globalization. Among the most important causes of this
phenomenon, we can find:

The new geopolitical restructuring of the world at the end of the Cold War.
The years that passed after the Cold War were times of
change and the necessary climate for the emergence of new ones.
trends in the global economy.

Acceleration of the rhythms of economic opening, as well as of the

exchange of goods, merchandise, and services. Market liberalization
of capitals and stock exchanges worldwide.
 The revolution of information and communication thanks to the use of the
advanced technologies have enabled real-time connection.

CONSEQUENCES OF GLOBALIZATION

In the same vein, among the consequences of globalization, we can

find some like they are:

Global collaboration.

Globalization has made it so that all countries in the world must work on
set for common interest goals. This has opened doors for dialogue and the
compression of problems foreign to the country belonging.

Loss of power by emerging states.

With globalization, a large number of countries that had a high amount

They have been losing it over the years due to the distribution made.
These states have not only lost part of their previous power, but
they consequently lose their autonomy, ability to decide for themselves in
the solution to their problems and sovereignty. One of these examples is the loss of
the monetary sovereignty of European countries in favor of the European Union.

Technological advancements and the emergence of other resources.

With the rise of the internet and the increased speed of sharing
information in a much simpler and smoother way, it has been achieved that the
technological advances are at the forefront. Successful countries focus on
development of its economy in technology and innovation, to differentiate itself and
generate higher incomes than the follower countries that base their development on the
application of technologies already created by others.

Superconcentration of income.

One of the most notable negative consequences of globalization is that

it generates a disproportionate concentration of income in some areas.
In other words, that wealth is in the hands of a few.
understand with her that the rich are getting richer and the poor are getting poorer.
poorer. Likewise, those countries that are slow at the technological level will
losing purchasing power little by little.

Present segmentation.

With this process, defined boundaries are created around people, social groups and
activities among regions or countries. Segmentation, differentiation and
Marginalization of individuals is a possibility that is always there.

ADVANTAGES OF GLOBALIZATION

High cultural exchange.

Globalization has allowed the internationalization of multiple cultures

around the world. Each country has contributed part of its art, gastronomy,
idioms, literature, etc., to other nations, in order to make their identity known
and also as a way to encourage the country's industries, such as tourism, for
example.

Higher level of communication worldwide.

If globalization has taken care of anything, it has been to encourage the

telecommunications at an impressive level. This is why, whether it is family,
friends, work colleagues, or simple acquaintances, and even strangers,
they can connect and communicate.

The greatest example is the development of the internet and its influence on people's lives.

people.

Development of technology and science.

Globalization has been responsible for breaking down the barriers to goals.
to reach in the areas of science and technology. What is being referred to is that they have
joined forces among different countries with the aim of achieving the best
possible results in these areas.

The cooperation of nations has been one of the keys for numerous
inventions and technological developments have taken place.

Increase in tourism.

And finally, if a sector has clearly benefited from the process of

globalization, that has been the case for global tourism. Thanks to this, it is possible that the

a tourist can travel to any part of the world with relative ease.

It is possible to obtain information about accommodations, transport, food nearby.

clicks, as well as making reservations for these services from the country of origin using
internet.

DISADVANTAGES OF GLOBALIZATION

Loss of national identity

One of the disadvantages of globalization lies in the possible loss of the

national identity of a nation. Something that occurs when idioms, forms
of thinking and traditions from other countries are taken as one's own. Forgetting or
not using in this way the own ones.

When the culture of other nations begins to matter more than one's own, it is a
problem. As a method to counteract this situation, countries have the
the need to promote national policies aimed at teaching to
to value the local culture and to practice its expressions.

Influence of foreign companies on local politics

Foreign influences are normal in globalization. This happens because of the

freedom to establish foreign companies in countries at the local level or
national, something that along with migration is an important determinant of the country.
In some cases, the influence of these foreign companies can be
excessive, so the State must take measures to cultivate a system
strong national economy. Where those influences are taken advantage of as
advantages, and not as disadvantages.

Job loss

Just as globalization can be an ally of national trade, it can also

it can be your worst enemy. The reason is that it is capable of generating millions
jobs as to destroy them. One example is that of offshoring.
transnational companies in those countries where state regulation is
more lenient with companies and salaries are lower.

When a large number of jobs are lost due to this process, many
people will have difficulties finding a new job and, therefore,
consume and pay taxes; therefore, domestic consumption and thus the
The country's economy will be negatively affected.

CRITICISMS OF GLOBALIZATION
The criticisms of the globalization process shape what is called a movement
antiglobalization or alter-globalization and its media leaders are generally
located in a nationalist context, of extreme left, of some of the
new progressive social movements, of orthodox social democracy
(the one that rejects the Third Way) or of third-world populism (which can
include anti-Western or anti-American components), as well as several
conservative religious movements and the far right have positioned themselves
against globalization.

The majority common point of these criticisms is that they equate

globalization to imperialism and neocolonialism (see Dependency Theory)
they all oppose what they have termed market fundamentalism and accuse
to globalization promoting a consumerist and post-materialist lifestyle.

As a more generalized solution, all these ideological beliefs point to the

the need for a strong and regulatory State for society and propose the
resurgence of developmentalism, dirigisme, and protectionism in policies
economic conditions of nations, while calling for re-educating society in
I return to values that counteract individualistic values and customs.

A first critique uses the viewpoints of globalization theorists.

same. As has been seen, these oppose barriers and obstacles to movement
as much in terms of goods as in terms of people that the governments that claim to follow the policies

globalization imposes on the products and people of other countries.

Likewise, subsidies and other protectionist measures are questionable.
that those countries use.

In that sense, it has been stated that the institutions of the 'Consensus' are at
service of its major shareholders (i.e., the U.S.) and not to those of whom it was
created to benefit.

Another criticism that can be raised is that if we accept the suggestion of the
proponents of globalization that both democracy and capitalism
they were the sources of economic prosperity of developed countries, it continues
the role that the state played at the national level in the emergence of that
prosperity needs to be replicated not only at the level of the countries that integrate into
system but also to the international.

Even some proponents of globalization recognize this (despite the fact that
It is argued that democracy by itself does not promote growth.
economically it should be considered that the origin of the current levels of development

economic and social welfare in certain countries is due to considerations

policies that become urgent with the expansion and deepening of the
democracy —see 'Origins and Evolution' in Welfare State— Perhaps it
It can suggest that while mere democracy does not produce prosperity, once
When both are present, they create a positive feedback system.

A third criticism, this time from opponents of the process, suggests that their
proponents have been and are, on one hand, appropriating the results of the
third-party actions and on the other hand, misinterpreting the facts – including the
distort the basic statistical data in order to propagate their ideas:

Additionally, it can be mentioned that the decrease in poverty rates

Relative in countries that apply IMF policies does not seem to be achieved.
thanks to the reduction of extremes in income distribution, but
thanks to the loss of income of the wage-earning classes in countries
industrialized countries and the impoverishment of the middle classes, especially in countries

developed and middle-income countries, such as those in Latin America.

Those who are now without security and support systems.

they enjoyed, for example, in education, medicine, insurance, pensions of
retirement and other state services, etc.

The concentration of ownership at a global level continues and intensifies, which does not

it should be a surprise, as in the second half of the nineties of

last century some students of development policies —for example,
Michael P. Todaro 'Economic Development' - warned that the presence of
multinational companies in developing countries could result in the
long-term impoverishment of those countries due to displacement of
local companies, the diversion of local resources in order to serve larger markets
profitable in other regions and the export of profits, etc.

The policies of both the Washington Consensus and the rest of the
proponents of globalization suggest that it would be possible to achieve levels of
global economic prosperity similar to that seen in Europe or the U.S.
This presumption is questionable, especially from a point of view
ecological.

IMPACT OF GLOBALIZATION ON THE ECONOMY

Globalization from the beginning affected more strongly in the field

economic, since globalizing the economy is one of the most influential aspects
in the development of a country currently, for the sole reason that if a certain country
wants their goods or services to enter the international market not him
there will be no choice but to interact with the rest and thus make it easier
marketing process of these goods and services. There are so many countries
that are in international trade which, over the past fifty years,
trade has grown so much that it can be said that around 40% of the volume
total production is exported.

Apparently, there are only advantages in the globalization-economy relationship, but,

the Achilles tendon of this relationship is nothing more than I have made that every time
there is a greater gap between the rich and the poor. How is this possible in a world
globalized having grown so much in exports and imports? everything is
it is simply due to the lack of access that developing countries have to the
technology. This is caused by the 'small and seemingly innocent'
characteristics of the globalized economy: tariff barriers and the
exploitation of developing countries, patent protection laws and
intellectual property. Therefore, it is important to emphasize that globalizing the economy does not
makes it more equitable, as the rich keep getting richer and the
the poor becoming poorer.

IMPACT OF GLOBALIZATION ON SOCIETY

The process of social globalization and its effects is closely related

with economic globalization, previously commented on and also with politics.
All this is due to the fact that internationalizing politics and the economy has generated
interconnection, interdependence and interrelationship among the states of the planet
very quickly, creating a global society in which
The borders between the international and the national are getting smaller each time.

The problem, as we have reflected earlier, is that not all countries

they enter this globalized society and this makes them fall totally behind
if they start to manage foreign policies and integrate into the world
globalized, since for example, a simple mobile phone can have parts from
many parts of the world, since each country focuses on doing what it does best
knows how to make and in the end creates a product that has the best of each place, making
that countries that 'do not fit within the globe' cannot produce products
technological advancements of that caliber and therefore, they get left behind.
 IMPACT OF GLOBALIZATION ON COLOMBIA

Negative aspects of Globalization in Colombia

Economically

TECHNOLOGICALLY

This globalization benefits the larger and more powerful companies.

leaving aside small Colombian businesses. Lower
opportunity to compete with large multinational companies.
.
Colombian companies would be seriously affected by the entry
of foreign products (in some cases of higher quality) and at a price
lower; thus affecting the national economy.

The gradual elimination of tariffs, customs duties, and other foreign taxes,
that, in the long run, if appropriate measures are not taken, could generate large

problems affecting our country.

 The demand for many more products and of better quality makes that the
companies have to import new technologies to satisfy the
the needs of buyers. A clear example of new technology is
replace the less skilled personnel with specialized machinery.
Leaving many employees without job stability, generating multiple
consequences such as unemployment and poverty due to this
unemployment.

Cyber spaces, a great disadvantage on a personal level. It has been lost

the intimacy and with it the rights and freedoms of the human being.

There is danger in the manipulation of information.

Information flows freely without any barriers.

Positive aspects of globalization in Colombia.

POLITICALLY

Socially and Culturally

The loss of the welfare state could occur; where the State, just as it
It says its name, it takes charge of the services and rights of a large
part of the population considered humble or impoverished (if indeed in
reality this term could apply to the population and policies
Colombian.

The Colombian state could lose sovereignty and politicians could lose their capacity.

to govern, since any bank could have economic policy

central bank of the republic.
 Interference of developed countries' policies in policies
Colombians.

The processes of transculturation (adoption by a people or group

social forms of other cultures) can be positive. Opportunities for
diversify and enrich Colombian customs.

Development of education and its methods, which has allowed for the creation of the

distance education.

Economically

Degradation of the environment due to resource exploitation.

respect sustainable development.

Create an ideal of Western life and consumption among the countries of others.
latitudes, which detracts from cultural roots (loss of
cultural identity.

Excessive increase in consumerism among people (consumption of goods and

services considered non-essential)

Terrorism by groups that oppose ideas

globalizing.

Tourism as prostitution.

Greater development and growth of the Colombian economy on a global scale.

Greater job opportunities for the population. As an example,

we have the most recent case which is the multinational of origin
American "Walmart", which has created hundreds of jobs in the country.
 Workers and companies have opportunities to settle in others
countries.

Possibility of making investments in other economies.

More information on economic exchanges.

Impressive global offer of products, goods, and services, that

contributes to improving the quality of life of citizens.

CONCLUSION

After the previous work on globalization and after

having understood each of its aspects, referring to its concept,
characteristics, types, timeline of its development, causes and consequences,
advantages and disadvantages, the impact of such a process on our country, among others
things, we conclude the present work highlighting the significance it has had
globalization in the world and this is supported by the fact that since its emergence
this transformed the world notably, because such a process has led to
greater economic integration among all countries worldwide, such as
consequence of the liberalization and consequent increase in volume and the
variety of international trade in goods and services, the reduction of the
transportation costs, the increasing intensity of international penetration of
capital, the immense growth of the global workforce and the accelerated
global diffusion of technology, particularly communications.

Considering what has been said lately, it is concluded that it has had an impact.
notorious on a global scale, due to the fact that it has been a dynamic phenomenon that has

understood variables both economic and political, social and cultural but
its dynamism has been characterized by recreating contradictions that cannot be
fought. It should be noted that this phenomenon radically extends the
possibilities that every citizen of the planet is interconnected as part
of its own cultural identity and in turn creates potential trade and a
competitive market.

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