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.
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