Speech Text

The Global Economy

Assalamualaikum.Wr.Wb

The first, lets pray give thanks to the presence of God becauce who always gives his blessing and gift today we can gathered at this meeting. I'm very grateful to all of you for the time to listen my speech.

Ladies and gentlemen. My speech theme that I will convey about
THE GLOBAL ECONOMY.

As we know now our world are in the era of globalization. We often hearing the global economy. So, what's the meaning of the global economy ?

The global economy is improvement of economic integration and interdependence the national economy, regional, and local in the world through intensification movement of goods, services, technology and cross-border assets.

When the global economy happened, the boundaries of a country will be blurred and related between national economy to international economic will get closer. Economic globalization in one side will open up opportunity product market from domestic to international market on competitive, rather too open up opportunity enter the global products to domestic market.

Ladies and gentlemen,

In the global economy will many impacts, positive and negative. There are some positive impacts that happened and the first is global product can improved so the profit will much. People will get more profit so the people can improved income and savings.

And then, about additional funds obtained by the country will be much so the country can build new industry sector. The country can be easier to get investment from other countries to prosperous the country, especially in economics.

Next, there are some negative impacts that happened too.

The first is can obstruct from industry sector. And then, can impacts until can bad balance of payments in the world because tend to raise the payment on imported the goods. Financial sector can unstable because of the global economy. Economy growth can be worse if there wasn't balance in market management in the country.

For example the economic globalization now you will find easily. The example is much supermarket in the urban area and now minimarkets have entered to villages  untill sooner or later traditional market will forget. You can look the number of supermarket in the urban area. In one region, people can find more than the biggest supermarket with the some facilities.

I think that's all for my short - speech. If my words was wrong to tell all of you, I'm so sorry 

Thank you for your attention.

Wassalamu'alaikum.Wr.Wb