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Globalization is an inexorable process. In recent years, more and more countries from all continents cast their lots with globalization with the hope to prosper in this exceedingly complicated world. And just as UN secretary general Kofi Annan has aptly put it â€In any development strategy aimed at spreading the benefits of globalization, employment must be a central goal, and young people- the future leaders of the new millennium- do play a crucial role.
Globalization has brought about numerous opportunities for economic developments through technology transfer, foreign direct investments (FDI) etc. That means more new and challenging jobs in information and communication technology, biotechnology, nuclear physics, petrochemistry etc. are waiting in store for skilled youth, who may help their developing countries leapfrog certain phases of development. It is incontrovertible to claim that globalization lays the corner-stone for a new, upscale generation known as yuppies or young influentials, and enables them to work abroad for a certain time to open up new vistas and immerse themselves in new cultures, new environments. In order to meet the monumentally demanding tasks in a knowledge economy, students have to endeavor to gain work experience during college, lest they will run the risk of becoming â€walking encyclopedia of outdated information. Besides, Generation X must continually improve themselves and strive to keep abreast of the latest changes in the world. It distinctly proves that globalization helps create a sophisticated work force of youth employment in the 1st century.
Furthermore, globalization provides an omelette-and-egg perspective in youth, who are more and more willing to take risks, fully aware they cannot make an omelette without breaking the egg. Through the lessons gained from those ventures, their entrepreneurship decision-making and trouble-shooting skills- become more subtle and adept, their acumen improved and thus a resourceful generation emerges. Youth employment also benefits from globalization in a way that more young people of both genders move up in the world. It is high time for young transformational leaders to come up and become senior executives because in this new era, it is your knowledge and capability that count, not your age.
Globalization, however, is purported a double-edged knife as it results in the internationalism’s losers. Among those who have to drop out of the global game are young blue-collar workers, who see themselves being replaced by machines and dismissed from their current positions before they are fully conscious of what is really happening. Even the skilled, well-educated often lack the necessary attitudes and experience to join the labor market.
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To look a bit further, globalization is denounced for sweatshops and exploitation of child labor in Third World countries. It is also condemned as the cause for terrorism to rear its ugly head, since globalization triggers nationalism; as far as youth employment is concerned, it is blamed to results in â€decadent Western cultures, lavish lifestyle, and depraved hedonism among local youth.
Globalization brings â€a life where you must compete to find a suitable place for your talent (Orstrom Moller- Danish ambassador to Singapore). Youth and notably youth employment is, therefore, greatly affected. And whether you can prosper, or even survive, depends considerably on your efforts and the intrinsic values in you.
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