The effects of Globalisation Essay Example | Topics and Well Written Essays - 3000 words

The effects of Globalisation - Essay ExampleThe effects of globalization on the European Union are diverse. But the future growth and sustainability of the EU is dependent on globalization. The reforms influenced by globalization in the European countries not only halt the Union more transparent and effective but also help the European Union to establish itself as a strong global actor. The challenges approach in the global including the European Union like economic integration, economic migration, humanitarian crises, failing states, energy security, climate change, terrorism etc. are interdependent. The European Union identifies the importance of globalization and the impacts of the phenomenon on the various aspects of the economy. Therefore, it should focus on effective management of the globalization process in order to meet the arising challenges and continue any backlash from the phenomenon. The effective management of globalization and its rules would help the European Unio n to act as global actor in the true sense. The versed policies and the association with the international organizations can help the Union in managing the process of globalization in the region and control its effects and impacts to a large extent.