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Globalization

 

            Globalization is a well-known word in the modern society, and it becomes more and more popular. Globalization refers to the increasingly close economic ties among countries. These ties include trade, travel, immigration, employment, shared information on the Internet, increased investment in foreign countries, and an accelerated pace of technological advance. It is the global economy, which we think of as being globalized (Williamson 1998). New Zealand is a part of the global economy; globalization has many effects on the New Zealand economy. In recent years, lots of people immigrated to New Zealand. The immigrations brought a great change on the New Zealand economy. This is an important influence of globalization. Another important effect is the international trade. Although both of these two effects have the benefits, they also have the harms for New Zealand. Due to this, the Government should issue some policies in order to regulate against undue harm. Howsoever, the globalization will promote New Zealand economy onward.
             It is no doubt true to say that New Zealand is a country, which has been built by immigrants. As far as we know, New Zealand was first populated by Polynesian groups (Maoris, as they are now called), then European settlement here. Along with the globality development, more immigration came to New Zealand. New Zealand is a small Island country, at first there were not so many people noticed that it is a great place. Gradually, because the information of the worldwide was delivered around more and more quickly, New Zealand became a well-known country especial in the Southeast Asia. Considering that New Zealand is a welfare country, it has stable political situation and the greatest environment in the world; lots of Asian wanted to immigrate here. The New Zealand Government have cognizance of that the migrants can bring knowledge, technological know-how and links to foreign markets and capital with them, any of these factors is helpful for developing New Zealand economy.


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