Full Definition of ESSAY. transitive verb. 1. : to put to a test. 2. : to make an often tentative or experimental effort to perform: try. â esÂ·sayÂ·er noun. See essay defined for English-language learners. See essay defined for kids.
According to(), Globalization facilitates the economic development of the countries involved through increased cross border flows of trade, investment, and financial capital. Firstly, the main positive effect of globalization on china is, the labour costs and working environment. The labour cost in china is completely low all the time when compared to the rest of world. Most of the manufacturing companies all over the world targets china because of their labour costs.
Globalization and Environment Theodore Panayotou Abstract Economic globalization impacts the environment and sustainable development in a wide varietyof ways and through a multitude of channels.apital Flows, Foreign Investment and Environment Capital flows in general, and direct foreign investment in particular, are majorchannels through which globalization impacts the environment. Foreign investment is amajor vehicle of economic integration, technology diffusion and trade expansion.