According to the International Monetary Fund (2002), âglobalisation is defined as the result of human innovation and technological progressâ. As such phenomenon has increasingly become a focus of intense discussions, it is worth examining its impact on both developed and developing countries. On the one hand, opponents of such international transformation point to its concentration of wealth and environmental degradation, which lead to the widening gap between rich countries and poor countries. On the other hand, those who support this phenomenon believe that it reduces poverty and reactivate the economy. These advantages are related to the lowering of trade barriers by which developing countries can have access to better wages, brought by multinational companies, and also to technological development. So, weighing the benefits and drawbacks of globalisation, it is clear to me that it is only favourable to those who are economically capable of following its direction.