Winners and Losers in Globalisation

Globalisation is the process by which people, cultures, money, goods and information can be transferred between countries. There are key players involved in the process of globalisation such as trans-national corporations and global groupings.

The economic winners as a result of globalisation have been the countries that have useful resources and have been switched on places. The resources may have been human or physical.
For example Saudi Arabia has been an economic winner with the use of its physical resource of being oil rich, and being able to export this oil via its coasts.
On the other hand, China has been an economic winner due to having a huge population which gives China a high proportion of skilled labour to perform the necessary jobs required for globalisation.
Being a winner as a part of the globalisation process brings on the multiplier effect, meaning that these winning countries become even more successful and they grow even more in wealth, as a result of more investment.

But some countries have become economic losers as a result of globalisation. These are countries that are switched off and have not benefitted at all from the process of globalisation. The reasons why they are losers is due to them being isolated and lack desired qualities which other countries wish to connect with.
The economic losers have not received any investment from the globalisation process as they do not posses any valuable resources or are too poor and lack the infrastructure which means it would be very expensive for others to invest there.
Unfortunately there are even more negatives to these losers as a result. No improvement has been made or is likely to occur in the future, so conflict and disease are characteristic in these places. Also if the country does have valuable resources, but requires too much money put in by investors, these resources are being wasted.

Unfortunately globalisation has increased the gap between switched on places and switched off...