Negative Impact 负面影响
In this era of globalisation, social aspect is tightly related to the effect of the waves of globalisation such as living standard, career, families and their communities. In this case, globalisation are claimed that it is a method to organise someone's life which consist of assimilation, communication among people, organisation, and the government as well in other part of the world.
Hence, it was also called the method that used driven by global trade and investment aided by information technology. Besides, this issue is also directly inter-related with some other issues such as unemployment, disparity and scarcity, and environment as the chain effect of the waves of globalisation (Globalisation 101, 2002).
The inter-relationship between the technology and economic is very critical and it succeeded in consisting the rise of the theoretical approaches where the centrality of changes in technology have been accepted and the dynamic force of the term innovation in the elements of economical changes (Freeman, 1998; von Tunzelmann, 1995). According to Nussbaum and Sen (1993), investment in technology appears to have an optimistic link to wider philosophy in developing economic interests which include social choices and freedom capability in longevity and education.
Globalisation on impact of the countries' economy 全球化对国家经济的影响
Positive Impact 积极影响
According to Baghwati (2004) globalisation is playing the significant role of enhancing economic affluence by offering new hope to developing countries. Gangopadhyay and Chatterji (2005) saying that globalisation has been characterised as a reduction in trade barriers such as free flow of goods, services and labour from one country to another.
Richardson (2000) contends with these views as, the effect of this is increasing the trade which turn into increased income for developing countries and serves as an opportunity to stabilise their economies by taking the advantages of trade. This statement is true and has been proving by (Richardson, 2000; Dierks, 2001) that globalisation has greatly reduced the trade barriers between countries through adjustment of tariffs and import duties.
Negative Impact 负面影响
The rise in globalisation has increased capital flow into developing countries' economies. Foreign Direct Investment injects capital into developing countries in terms of stabilizing the countries' economic. This is also a benefit that increased the countries' financing through loans and grants from developed countries (Aurifeille, 2006). However, there will be net capital inflow that could lead to negative effects on trade.(责任编辑：BUG)