Globalization and its Effects in
The world today is characterized by rapid changes. These changes
are reflected in all areas of human relationships. Globalization brings
new challenges to every country and opportunities for economic growth, but
it may also bring income disparity and poverty. This is the case in
Mexico, a country in which the consequences of globalization have affected the
economy and widened the gap between the rich and the poor.
of all, globalization has integrated the world into one single economic
system. In the mid 1980s,
fully entered into the globalized economy when it joined the World Trade
Organization. The resulting rapid growth of the manufacturing industry has
forced many of the small and mid-sized companies into bankruptcy. Many
manufactures are attracted to
because of its proximity to the
, cheap labor and relaxed rules for foreign investment. Numerous
landowners in the northern region have grown financially by selling their
land to the developers of foreign-owned factories. Due to this large-scale
sale of agricultural land, agricultural production in
has dropped considerably. This has led to an increase in poverty
particularly in the rural regions. Today, approximately 22 million
Mexicans live in poverty.
in the interest of furthering economic development,
has excluded the vast majority of its population and even worsened their
living conditions. Whether or not individual Mexicans benefit from
globalization can be determined by two factors: their level of education
and their economic circumstances. Many of the rich have invested money in
the manufacturing industry while the underprivileged are being exploited.
Culturally, due to media saturation via internet and television, the
marketing of products and entertainment has also resulted in a revaluation
of Mexican traditions. Many unique characteristics of Mexican culture are
being lost due to this type of exploitation. This is the case with both
the Indigenas (native Indians) and the Mestizos (mixed
European and Amerindian) who live in the rural areas. These groups are
being pressured to adopt more secular attitudes and behaviors which would
phase out their individuality.
, globalization has had strong effects on the poorest members of Mexican
society. Although it has brought opportunities for economic growth,
globalization has also created inequality and marginalized entire groups.
Furthermore, not only has this phenomenon altered the balance of the local
and national economies, but it has also alienated the people living in the
areas with the least exposure to the benefits of globalization and created
a greater disparity in their living standards.