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Effects of Globalization in Africa

In: Other Topics

Submitted By Gachiri
Words 3766
Pages 16
Globalization has indeed brought a lot changes in the International System which does constitute smaller actors like those from the third world countries especially Africa. Globalization can be said to be a unitarization factor of the world hence making the world look like one whole entity. Globalization has both positive and negative impacts to Africa as a continent.
It is no doubt that globalization has promoted greater respect for human rights, democracy, liberalized trading, technology, and contributed to the development of African press. This has strongly opened African countries to far greater scrutiny than in the past, making life hard for African governments to get away with excessive and blatant abuses of democratic leadership governance and transparency. Moreover, the technological revolution presupposes the free movement of goods, information, and people across national boundaries. It has an effect on employment patterns worldwide by the contribution to a great deal of outsourcing which is one of the best organizational and industry structure shifts these changes the way business operates. Further, Globalization is changing organizational structures where expenses can move up or down as the business climate dictates.
In terms of positive economic opportunities globalization is the establishment of new economic opportunities for corporations, small businesses, through the access to global markets. Kenya has benefited from globalization by increasing the share of exports especially to the more industrialized African countries, for example; South Africa and Zimbabwe represent small markets for Kenyan goods. Moreover, South Africa plays a great role in Kenya’s economic sustainability due to the opening of trade policy in 1994, which had resulted in the increase of Kenya’s imports from Africa by 80%. In addition, one of the fundamental reasons for the...

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