Globalization has had such a huge impact in the global political economy. It has allowed integration and co-operation of different national economies. Some tend to solely focus on the benefits of globalization as a larger market economy or integration of markets for example the EU. However there are some down sides to globalization. Take human trafficking as an example.
Human trafficking like the global economic crisis is a global crisis that is inextricably linked to the existing movement of globalization in drug and sex industries which particularly involves women and children as the unfortunate victims. Trafficking women and children for sexual exploitation is the fastest growing criminal enterprise in the world. As a result of globalization human trafficking has been made easier and has grown as an industry. According to the international ILO’s new global estimate that nearly 21 million people are victims of forced labor across the world and 3 out of every 1,000 people worldwide are trapped in jobs into which they were coerced or deceived as a result they cannot leave.
Economic globalization acts as a facilitator of human trafficking; an increasingly integrated global economy enables human trafficking to thrive. Globalization fosters interdependence between states and countries for commerce and facilitates the transfer of commodities (in this case humans are the commodities). Human trafficking affects the global economy as source countries lose part of their labor supplies and transit and destination countries deal with the cost of illegal immigration.
As a result, the winners in this lucrative business are the traffickers and their clients who gain from this form of supply and demand industry. Those being trafficked lose their freedom and their human rights are robbed.
Eva Aisha Caley