1. PHENOMENON OF GLOBALIZATION: ITS PROS AND CONS
D. Dolzhenkov, IE-09

2. Structure
1. Globalization as a phenomenon, its causes and consequences.
2. Advantages and disadvantages of globalization.
3. Implications of globalization in Ukraine.

3. What is Globalization?
Globalization is a process of economic, political and cultural integration and unification.
Globalization involves many countries and majority of huge enterprises.

4. Main Advantages of Globalization
Reducing the probability of beginning a war
Developing international trade and companies
Enhancing information speed

5. Main Disadvantages of Globalization
Unemployment
Great dependence of one country on others
Extreme pollution of enviroment

6. Ukraine’s Balance of Trade

7. Conclusion Globalization needs permanent control from the governments.
Globalization affects all people’s lives.
Globalization has both advantages and serious disadvantages.
Reducing the impact of negative sides of globalization is the main target of modern scientists.