Even though Globalization affects the world’s economics in a very positive way, its negative sides should not be forgotten, discuss.
Everything has tow(two) sides in the world, and so has the prosses(process) of globalization too(remove too). The effects of globalization for the world economy are diverted(diverse).
We must acknowledge that the negative effects are from a different kind than the positive ones. Therfor(Therefore) the negative sides, like low payment(wages) in less developed countries are important to conciderate(consider).
If we take the Euro zone for example, the economic-changes according to(caused by) the gloablisation(globalization) process are huge. Many companies have transfered their factories into cheaper production earies（areas） to compeat（compete） at the world markes（markets）. The results are rising unemployment rates in the “old industrial countries”
In regard to the other countries on the world market, like China, this job transfer is a big oportunity（opportunity）. But no one can denie（deny） that the consequences for the less developed countries with flurished economy, based on availability of cheap employees are highly important: globalization based on this facts brings enviromanta（environmental） problems.
Nevertheless there are also posive reasons for globlaistaional effects（positive effects to globalization）. In general it is remarkable that there is a new tendency in “Thinking Global”. For instance people are willing to leran（learn） more languages and about othe（other） cultures. Countries fromaly knowen（formally known） as undeveloped, like India, getting chances to be the main leader（a leader） in a certain field.
All in all it can be said that the effects of globalization are huge. The unerstand（understanding） of economic processes have changed completely. It is important to think in bigger terms, not just about the owen（own） country. The positive things that this globalization process have brought must sensible（must compensate） us for the negative sides. The all over aim（overall aim） should be a world in balance, but this will be a long way.