Globalization has become a common aspect of the global economy. Whereas some countries have not taken full advantage of the growth of international trade, other nations have utilized this aspect to benefit their citizens and businesses. However, it is important to note that globalization attracts both positive and adverse effects that affect the residents of a country. Russia is one of the countries that have been vocal on the issue of globalization. This essay discusses some of the current cultural and economic impacts of globalization in Russia.
Globalization has changed the Russian culture significantly. International trade has intensified interactions between the citizens and people in other nations (Chernetsky 135). For instance, trade between Russians and people from the United States has facilitated cultural interactions between the two countries. As a result, the values that were once held by Russians have been eroded slowly with new attributes cropping up in the country.
Economically, Russia has benefited from globalization. Political analysts have termed the reign of President Vladimir Putin because of the high economic stability that has been achieved by Russia. Despite his controversial diplomatic advancements to other nations such as Syria and the United States, Putin’s governance has received commendable approval from the people because of the flourishing nature of the economy (Chernetsky 212). However, it is essential to note that the country would not have achieved this success without globalization.
It is evident that Russia has benefited from globalization. The cultural aspects of the Russian people and the wealth that has been accumulated in the economy can be attributed to globalization which has connected Russia to the rest of the world. However, the government should be keen not to let globalization make the country vulnerable to negative implications such as terrorism.
Chernetsky, Vitaly. Mapping Postcommunist Cultures: Russia and Ukraine in the Context of Globalization. Montreal [u.a.: McGill-Queen’s Univ. Press, 2007. Print.