Question

Explain the implications of globalization. Then name 2 ethical issues concerning food and water security and how globalization contributes to or affects these ethical dilemmas.

Provide references with response.

Answer 1

Foreign Direct Investment (FDI) tends to rise at a much higher rate than global trade growth, helping to boost technology transfer, industrial restructuring, and global corporate growth. Technological Innovation: Increased competition from globalization helps stimulate new technology development, particularly with growth in FDI, which helps to improve econocentricity.

Interdependence between nations can cause regional or global instability if local economic fluctuations end up affecting a large number of countries that rely on them. National Sovereignty: Some see the rise of nation-states, multinational or global firms, and other international organizations as a threat to sovereignty. This could ultimately cause certain leaders to become nationalistic or xenophobic.

The world has undergone profound changes in terms of the globalization of goods and people, the emergence of new economic powers, political turmoil and a steady growth of the increasingly urban global population. These and other factors have profound implications for global water and food security, and make discussion of ethical values more relevant–often implicit in global debates. Understanding the ethical issues underlying water and food safety is key to formulating solutions that genuinely contribute to their achievement. This is especially true when we consider that water and food safety are closely linked to human security and environmental security.

This is particularly true in view of the fact that water and food security are closely linked to human security and environmental security, and these can not be addressed separately. This paper argues that solving problems with water and food is not just a technical challenge, but also a problem with fundamental ethical values and political will. It showcases three technological advances (desalination, information technology, and modern groundwater abstraction technology) and one concept (virtual water) that could help secure water and food for a growing population, shedding light on the lack of concerted political will to tackle global and water food securities.