2. Economics of globalization: good or bad consequences?(Globalization and the media: the debate continues) Communication Research Trends | December 22, 2002| | COPYRIGHT 2002 Centre for the Study of Communication and Culture. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information) Copyright

It may seem too simplistic to ask the question about outcomes in dichotomous terms of good or bad when most scholars recognize that the outcomes are a mixture of consequences that come from a very complex process we call globalization. This is not done to limit discussion but to highlight from the beginning that the discourse on globalization is a contentious one because it involves values closely held by ordinary people as well as by experts. The global markets have consequences that affect people in their livelihoods, their religious values, and their identities--and ...

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