Globalization vs Anti-Globalisation

In: Business and Management

Submitted By KOMALLUTHRA
Words 2105
Pages 9
Assignment -1
Global Business Environment
Topic: Pro-Globalist Vs Anti-Globalist
Pro-globalist vs. Anti-globalist, the seventh Secretary-General of the United Nations, addressed the force of globalization in his quote, “It has been said that arguing against globalization is like arguing against the laws of gravity. What is Globalization? It is the integration of the world, technologically, economically and politically, wherein the barriers between the national borders are removed to facilitate the flow of goods, capital, services, labour. Global production has created global markets which offer extraordinary growth for organizations in terms of growth & profits. It has led to sharing of ideas & technology, which further leads to innovation and technological progress. However, it is also blamed for increasing the gap between rich and poor, destruction of the environment, and threatening human rights. In the last three years, the anti-globalization movement has staged protests at meetings of the World Trade Organization, the European Union, the World Bank, the International Monetary Fund, the World Economic Forum, and the G-8. Globalization is a powerful real aspect of the new world system, and it represents one of the most influential forces in determining the future course of the planet. Globalization has many dimensions: economic, political, social, cultural, environmental, security, and others. Different people have different interpretations on Globalization. Due to these different interpretations, there are very different reactions, some consider it as a danger to the world economic system, this group of people is referred to as Anti-globalists & others consider it as advancement to the world economy, referred to as Pro-globalists. It is an ongoing process by which regional economies, societies, and cultures have become integrated through a…...

Similar Documents

Globalisation

... especially for consumers of commodities or services in the new global economy. The western corporation culture can create an environment of non-violence between the nations. International peace and economic cooperation will reduce the likeliness of international disputes. Additionally promotes positive values, non-violent conflict resolution and equality. Against Globalisation Due to the jobs outsourced to developing countries, a large number of the working class in the developed nations has been rendered jobless. DuBrin (2009, p57) mentions that to stay competitive in a global market, companies close plants rather than have a unionized workforce to reduce health and retirement benefits. MNC may also drive local companies out of business. The domestic producers face stiff competition from many international products being available at competitive prices and with the increase in economic lifestyle of people. Conclusion From a economic stand point, globalisation is defined as the process of integrating economies around the world. Globalisation has increased the scope of employment to many developing nations and filled up the coffers of profit for the developed nations. But, not everything is as sugar coated as it seems at the outset. Like many phenomenon, even globalisation has got its own share of advantages and disadvantages. Thomas L. Friedman. (2009) The Lexus and the Olive Tree: Understanding Globalization, Anchor Books, New York, USA. Andrew. J.......

Words: 478 - Pages: 2

Globalisation

...Globalization is the buzzword in the contemporary world. Broadly speaking, the term ‘globalization’ means integration of economies and societies through cross country flows of information, ideas, technologies, goods, services, capital, finance and people. Cross border integration can have several dimensions – cultural, social, political and economic. In fact, cultural and social integration even more than economic integration. The focus of this paper is to study the impact of globalization on economic, social and cultural fabric of India. Globalization has made countries to realize that nations can no longer be cocooned in their own cultural or economic nests but invariably be part of the larger picture which takes into account the competencies, interests and the dependencies of economies world -wide. The zeal of globalization has even forced Governments to be tuned to the merits of a Global economy. In Economics we have views on pro-globalization by Jagdish Bhagwati etc. who build on the economic notion that free trade helps everybody and lift the poor out of poverty, while we have the anti-globalization views by the likes of Vandana Shiva, Arundhati Roy, etc.,who see globalization as a way for multinational corporationss and multilateral institutions (World Bank, IMF) to change the rules all over the world to ensure better markets for the rich countries. India opened up its economy in the early nineties following a major crisis of foreign exchange crunch that dragged the...

Words: 2284 - Pages: 10

Globalization vs Cultural Diversity

...This essay is aimed towards determining whether a relationship between cultural diversity and globalization is present or not, and if globalization does indeed pose a threat to cultural diversity. “The negative side to globalization is that it wipes out entire economic systems and in doing so wipes out the accompanying culture.” Peter L. Berger (American sociologist) Globalization is broken down into different categories, these being cultural, economical, political and technological globalization. It is due this process that barriers are broken down and interaction occurs between individuals of different races, nationalities and cultural back grounds. It is a movement towards an integrated global economy characterized by the free exchange of goods and capital. In popular discourse, Globalization is often related to the Internet revolution, free-market economies and the predominantly western political, economic and cultural lifestyle. This movement is supported by a large range of modern technologies. It is because of globalization that society believes that wealth and higher standards of living will strike developing nations. The above statement was supported by authors of the book, the effect of globalization on African countries: an over view of Nigeria. The two authors (C. R. Eze and J Nkwede) firmly believe that globalization is a strong enforcer of development and poverty reduction in Africa. Plenty agree with Eze and Nkwede as they have deemed the process as a...

Words: 1076 - Pages: 5

Globalization vs. Localization in Education

...Republic of the Philippines SURIGAO DEL SUR STATE UNIVERSITY Lianga Campus Lianga, Surigao del Sur _________________________________________________________________¬_ Final Examination in MAEM 207 Organizational Development and Management Test I- Say something about the following choose only 3. (5 points each). 1. Globalization Vs. Localization in Education 2. Organizational Management Vs. Organizational Development 3. Organizational Effectiveness Vs. Organizational Efficiency 4. Management Control Vs. Management Evaluation 5. Management Theories Vs. Management Approaches Test – II- Answer the following in questions substantially. Select only 3. ( 20 points each) 1. Discuss the framework of Organizational Development. Cite at least 3 theories as its foundation. Explain its roles or contribution towards organizational change and effectiveness. 2. Identify the complete O.D. process according to Newstrom and Davis. Explain each component viz-a-viz the concept and praxis in the context of school management. 3. Gender and Development ( GAD) is an issues (given) to be addressed by every Agency of the Government. In the context of educational, how will you address this in your school management and development? 4. Total Quality Management (TQM) by Deming is a challenging strategy. Identify or trace its effectiveness to organizational management and development. 5. Attaining Development or success in an organization in a matter of......

Words: 286 - Pages: 2

Anti-Globalization

...Anti- globalization The global movement is broadly critical of the policies of economic neoliberalism, or “corporate globalization,” that has guided international trade and development since the closing decades of the 20th century. Varied communities organizing against the local and national consequences of neoliberal policies, especially in the global South, connect their actions with this wider effort. * Industries have no respect for the environment. Large companies install their factories in third world countries, where environment legislation is more lax or almost nonexistent, they don’t only endangered, irreversibly, the biodiversity of the planet but also the native populations. * Massive inflows of foreign investment in developing countries cannot be effectively absorbed, especially in regard to environmental protection and workers' rights. This is because developing countries standards and enforcement mechanisms are not as well established. * Workers are seen as having their traditional lives irreversibly disrupted by globalization and/or being treated less favorably than the same multinationals would treat those in developed countries. In this instance, it is often recognized that local political sovereignty may not be enough; global rules are needed to ensure that multinationals can't exploit workers. * Countries' individual cultures are becoming overpowered by Americanisation. Several of the largest US brands (McDonald's and Starbucks) face...

Words: 404 - Pages: 2

Globalization vs Localization

...Globalization vs. Localization Discussion Points: 1. Leave it to the corporations, bankers and global bureaucracies – “the only route out of poverty for the world's poor” – to do the planning and solve the world's problems. So far, almost all of the evidence from the past three decades (1970-2000) - the period of economic globalization's most rapid ascendancy - shows that it is bringing exactly the opposite outcome that its advocates claim. Clearly, poverty and inequality are rapidly accelerating everywhere on earth. A 1999 report by the United Nations Development Program found that inequalities between rich and poor within and among countries are quickly expanding, and that the global trading and finance system is one of the primary causes. Even the U.S. Central Intelligence Agency (CIA) confirms the United Nations' (UN) conclusions, agreeing that globalization brings massive inequalities. The benefits of globalization do not reach the poor, says the CIA, and the process inevitably brings increased global protest and chaos. Robert Wade of the London School of Economics, wrote in The Economist (2001), "Global inequality is worsening rapidly...Technological change and financial liberalization result in a disproportionately fast increase in the number of households at the extreme rich end, without shrinking the distribution at the poor end...From 1988 to 1993, the share of the world income going to the poorest 10 percent of the world's population fell by over a...

Words: 1126 - Pages: 5

Globalisation

... another. Instead, the communication and exchange involved in globalisation can improve understanding and tolerance in the international community, which certainly can help with the conservation of older cultures and their sense of identity. I understand the point of view of people who worry about cultural globalisation because it is a threat to national traditions. However, this is outweighed by its positive impact on international understanding and the fact that it represents progress within a society. I like to reiterate that globalization is inevitable and we must urge individuals, companies and governments to use a more balanced approach by taking the appropriate steps to deal with matters relating to the financial or economical gains verses the social, political or ecological concerns of the world. In conclusion it can be said that globalization is making economical, cultural and educational threats on cultural diversity in unconstructive ways. It has been discussed that how our contemporary world is witnessing new trends, through using the latest achievements of technology progress. These trends had become globally spread and known as globalization phenomenon. The globalization movements is taking different forms and different methods, and certain way to practice its activities. And this what had became cleared in recent decades due to development of technologies that contributed to facilitate globalization movements. Admittedly, it is clear that these globalization...

Words: 1232 - Pages: 5

“Pro” vs. “Anti” Globalization: the New Divide

...The following text is the second chapter of ―L‘Essai sur l‘oeconomie‖ by Pierre Calame, published at Editions Charles-Léopold Mayer in 2009. Translated from French by Michael C. Behrent. Chapter 2. Globalization in Question 1. “Pro” vs. “Anti” Globalization: The New Divide For a number of years, the question of economic globalization—i.e., the interdependence of national systems of production and exchange and the ―financialization‖ of the world (revealed by the American subprime crisis in 2007)—has polarized public opinion. The problems stemming from economic globalization dominate the news: the outsourcing production in search of cheaper labor costs; the decreasing efficiency of national juridical and fiscal regulation; the waning of the very idea of sovereignty; the growing constraints within which politicians can act; the emergence of a small class of the immensely rich alongside the billions of poor; the rise of new financial actors—pension funds, hedge funds, and sovereign wealth funds—capable of destabilizing or seizing control of entire realms of the economy; and the emergence of China and India as new global economic actors, as their companies storm the industrial bastions of the United States and Europe. Should one be for or against globalization? Can we turn our backs on globalization, and return to national or regional systems of production and exchange that are autonomous, even autarkic? Is the large cosmopolitan corporation the new leviathan—a monster...

Words: 12272 - Pages: 50

Globalization vs Anti-Globalisation

...Assignment -1 Global Business Environment Topic: Pro-Globalist Vs Anti-Globalist Pro-globalist vs. Anti-globalist, the seventh Secretary-General of the United Nations, addressed the force of globalization in his quote, “It has been said that arguing against globalization is like arguing against the laws of gravity. What is Globalization? It is the integration of the world, technologically, economically and politically, wherein the barriers between the national borders are removed to facilitate the flow of goods, capital, services, labour. Global production has created global markets which offer extraordinary growth for organizations in terms of growth & profits. It has led to sharing of ideas & technology, which further leads to innovation and technological progress. However, it is also blamed for increasing the gap between rich and poor, destruction of the environment, and threatening human rights. In the last three years, the anti-globalization movement has staged protests at meetings of the World Trade Organization, the European Union, the World Bank, the International Monetary Fund, the World Economic Forum, and the G-8. Globalization is a powerful real aspect of the new world system, and it represents one of the most influential forces in determining the future course of the planet. Globalization has many dimensions: economic, political, social, cultural, environmental, security, and others. Different people have different interpretations on Globalization...

Words: 2105 - Pages: 9

Globalisation vs Imperialism

.... Here, since the problem lies with lack of effective enforcement in the host country, can we really hold the multinationals responsible for exploitation? In addition, it is often conveniently forgotten that a corrupt domestic trader with a monopoly of a product is far likelier to exploit his workers by giving them unfair wages and forcing them to work in wretched conditions. Anti-corporation critics should therefore remember that exploitation and globalisation are not synonymous – workers suffer just as much and far more in the hands of their own domestic traders, and would in fact welcome a greater degree of foreign business intervention where better employment would be offered. Perhaps the greatest fear expressed is that of intrusion by multinationals into the political space of the countries. This, however, is highly improbable. Most developing countries today have democratic governments, no matter how imperfect – this always permits non-governmental bodies and individuals to point the accusing finger at offending corporations and governments, and this has gained even more salience in the age of the television and the internet. Above all, we must remember that trade and foreign investment do not attack the sovereignty of a nation. The decision to transact with corporations and countries is completely voluntary – and when a multinational enters a nation, it is not to overthrow the existing government and establish a capitalistic regime. Critics decry globalisation as......

Words: 837 - Pages: 4

2.03 Federalists vs. Anti-Federalists

...The federalist structure of government is the one that is best for this nation. Federalists wanted to make a change; a change for the people. They want an established government that is ruled or governed by the people, unlike the Anti-Federalists who wanted to keep the same monarchy government and didn’t seek a change for the people. A monarchy has proven to be corrupt because only the higher-class had the right to power and the lower-class had no say. For this reason, the Federalists wanted to separate the powers of the government into their own branches in order to avoid a corrupt government. Because of this, Federalism would be the best option for this country. Federalists strongly desired a government for the people. They also wanted the constitution to be ratified as quickly as possible with the use of editing. Federalists also believed that some power should be taken out of the states and put into the government, and that the government should be respectfully separated into three branches. Federalist paper no. 39 states: “It is essential to such a government that it be derived from the great body of the society, not from an inconsiderable proportion or a favored class of it; otherwise a handful of tyrannical nobles, exercising their oppression by a delegation of their powers, might aspire to the rank of the republicans and claim for their governments the honorable title of republic.” By separating the government into different branches, the Federalists has the idea...

Words: 615 - Pages: 3

Globalisation

...  the cultural imperialism of global media and MNEs  Anti-globalization protesters now regularly show up at most major meetings of global institutions 1-24 How Does Globalization Affect Jobs And Income? Critics argue that falling barriers to trade are destroying manufacturing jobs in advanced countries Supporters contend that the benefits of this trend outweigh the costs  countries will specialize in what they do most efficiently and trade for other goods—and all countries will benefit 1-25 How Does Globalization Affect Labor Policies And The Environment?  Critics argue that firms avoid the cost of adhering to labor and environmental regulations by moving production to countries where such regulations do not exist, or are not enforced  Supporters claim that tougher environmental and labor standards are associated with economic progress  as countries get richer from free trade, they implement tougher environmental and labor regulations 1-26 How Does Globalization Affect National Sovereignty?  Is today’s global economy shifting economic power away from national governments toward supranational organizations like the WTO, the EU, and the UN?  Critics argue that unelected bureaucrats have the power to impose policies on the democratically elected governments of nation-states  Supporters claim that the power of these organizations is limited to what nation-states agree to grant  the power of the organizations lies......

Words: 1472 - Pages: 6

Globalisation

...Globalisation is the process by which businesses or other organizations develop international influence or start operating on an international scale. The world is undergoing rapid globalization as the population rises and there are developments in the information technology industry and as major TNC’s are growing causing their to be larger factories and larger infrastructure. Globalisation has been caused by many things, improvements in transportation means that there are larger cargo ships, this means that the cost of transporting goods between countries has decreased. Economies of scale mean the cost per item can reduce when operating on a larger scale. Transport improvements also mean that goods and people can travel more quickly. There has also been the removal of many trade barriers allowing their to be a free trade system, this means that governments don’t get involved when international trade is occurring. There is a large dispute whether globalisation is good for the world or bad and there are many advantages and disadvantages for it. Globalisation has many advantages as it is making everyone in the world more interconnected and making it easier for people across the world to communicate. The large TNC’s are developing faster than anything else; they are providing employment for people in less developed countries like India and Bangladesh. TNCs bring wealth and foreign currency to local economies when they buy local resources, products and services. The extra...

Words: 533 - Pages: 3

Calvinist vs Anti-Calvinist in Dr.Faustus

...The Calvinist/anti-Calvinist controversy The theological implications of Doctor Faustus have been the subject of considerable debate throughout the last century. Among the most complicated points of contention is whether the play supports or challenges the Calvinist doctrine of absolute predestination, which dominated the lectures and writings of many English scholars in the latter half of the sixteenth century. According to Calvin, predestination meant that God, acting of his own free will, elects some people to be saved and others to be damned – thus, the individual has no control over his own ultimate fate. This doctrine was the source of great controversy because it was seen by the so-called anti-Calvinists to limit man's free will in regard to faith and salvation, and to present a dilemma in terms of theodicy. At the time Doctor Faustus was performed, this doctrine was on the rise in England, and under the direction of Puritan theologians at Cambridge and Oxford had come to be considered the orthodox position of the Church of England.[20] Nevertheless, it remained the source of vigorous and, at times, heated debate between Calvinist scholars, such as William Whitaker and William Perkins, and anti-Calvinists, such as William Barrett and Peter Baro.[21] The dispute between these Cambridge intellectuals had quite nearly reached its zenith by the time Marlowe was a student there in the 1580s, and likely would have influenced him deeply, as it did many of his fellow...

Words: 829 - Pages: 4

Anti Federalist vs. Federalist

...Both Federalists and Anti-Federalist was both established from Washington’s cabinet. Jefferson who was an anti-federalist, was the secretary of state and hamilton, who was a federalist, was the secretary of the treasury. both parties thought presidents should be voted in by the public, (white males to specific). they based their ideas from the Enlightenment. Overall, they both wanted to keep the liberties of the people protected and wanted representative government. it is important to understand the two opposing view because the two groups untimely forged our nation, and they also created the basic of today two party political system. Opposing Views Federalists Anti-Federalist they were the supporters of a larger national government. they were a group of people that opposed the ratification of the proposed constitution in 1787. Federalists felt like the Bill of Rights addition was not necessary, because they believe that the constitution as it stood only limited the government not the people. propose and supported the Bill of Rights addition because they claimed the constitution gave the central government too much power, and without the bill of rights the people would be at risk of oppression. felt that the states were free agents that should manage their own revenue and spend their money as they say fit. felt that many individual and different fiscal and monetary policies led to economic struggles and national weakness. favored dividing the power among different...

Words: 380 - Pages: 2