Driving Factors of Globalization: An Assessment of Its Impacts and Implications

摘要

There are various aspects to the concept of globalization, and a misinterpretation of the term has led to a great deal of confusion, which this article attempts to resolve. The clarification begins with an explanation of the underlying assumptions of the concept of globalization, as well as the ideas and intentions of those who advocate it. The nature of globalization is examined in the research as an inadequate, damaging, and civilizing phenomenon. The differentiation between globalization's subjects and objects serves as the foundation for this explanation. The article then adds to the discussion of globalization's advantages and disadvantages. This contribution pertains to the repercussions of globalization, both intentional and unforeseen. In the end, the research highlights the main challenges posed by globalization. Making sure that every action is made to make globalization advantageous to everyone is its primary objective of this focus. The following sections examine the issues pertaining to the paper's title: the nature of globalization, its drivers, its effects on developing nations, and its main obstacles.