...Globalization has indeed brought a lot changes in the International System which does constitute smaller actors like those from the third world countries especially Africa. Globalization can be said to be a unitarization factor of the world hence making the world look like one whole entity. Globalization has both positive and negative impacts to Africa as a continent. It is no doubt that globalization has promoted greater respect for human rights, democracy, liberalized trading, technology, and contributed to the development of African press. This has strongly opened African countries to far greater scrutiny than in the past, making life hard for African governments to get away with excessive and blatant abuses of democratic leadership governance and transparency. Moreover, the technological revolution presupposes the free movement of goods, information, and people across national boundaries. It has an effect on employment patterns worldwide by the contribution to a great deal of outsourcing which is one of the best organizational and industry structure shifts these changes the way business operates. Further, Globalization is changing organizational structures where expenses can move up or down as the business climate dictates. In terms of positive economic opportunities globalization is the establishment of new economic opportunities for corporations, small businesses, through the access to global markets. Kenya has benefited from globalization by increasing the share of exports...
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...GLOBALIZATION AND ITS IMPACT ON INFORMAL SECTOR Submitted By: Ameen Gupta- 2009tt10774 Parvej- 2009tt10813 Siddarth Sachdeva- 2009ph10746 INTRODUCTION Globalization comes up with the process of more interconnection between various entities like nations, organizations, individuals, etc. This interaction creates the migration of human resources, technology transfer, capital flow, etc. Thereby, this process of globalization results in the increase in quality, quantity or production and thus makes various organizations profitable. In the race of survival, it enhances the competition level among various players in terms of their brand value set according to the needs of the people. This phenomenon of competition plays a crucial role for these existing service providing players as well as for the end consumer or public at large. For service providing players, it decides the cost benefit analysis and makes it less generally due to the presence of various other players simultaneously. For public, it makes things easily available and at comparatively low prices of varied varieties. The phenomenon of globalization also generates employment. These jobs are largely created in formal sectors. It also results in employment increase in the informal sector. The formal sector is directly visible in a country and is under scrutiny and supervision of the government through various trade and tax laws. This sector provides people the job security, standard working conditions and wage...
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...Lesotho Case Study “Market and Mountain Kingdom” Bob Terry 10/8/2012 Wk 7Assignment Globalization & Regionalization Globalization is international integration of cultures, people, products, beliefs, and much more. Globalization makes goods and services available to locations that originally wouldn’t have them. Some of my favorite restaurants are Brazilian Steakhouses like Texas de Brazil and Fogo de Ciao. These restaurants would not be offered in Denver Colorado without globalization. Globalization has increased greatly over the past century due to advancements in technology, particularly in transportation and knowledge sharing (internet). These technologies have ingrained globalization in the modern era. Regionalization is the economic integration of countries. Some good examples of these are the North Atlantic Free Trade Organization (NAFTA) and the European Union (EU). Both of these agreements take countries that are in similar regions and in certain economic ways. All countries in the EU have the same currency which creates certain benefits but has also created economic disaster for many countries involved. The goal of regionalization is to benefit all countries involved and become stronger globally as a whole. These two forces have had tremendous impact on the small African nation of Lesotho. Foreign influences have shaped Lesotho throughout history and currently determine their economic factors today. Most recently trade agreements have made Lesotho...
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...TABLE OF CONTENTS 1. INTRODUCTION...................................................................................................... 02 2. CONCEPTUAL FRAMEWORK............................................................................ 02 3. GLOBALIZATION OF FOOD SYSTEMS IN CONTEXT................................ 03 a. Urbanization.................................................................................................. 03 b. Economics, health and education................................................................. 04 c. Employment................................................................................................... 05 d. Technology and facilitating mechanisms..................................................... 06 4. CHANGES IN DIETARY PATTERNS ............................................................... 07 a. Dietary convergence ..................................................................................... 07 b. Dietary adaptation ....................................................................................... 08 i. Lifestyle changes and adaptation of meal patterns........................... 08 ii. Street foods......................................................................................... 09 iii. Supermarkets .............................................................................
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...South Africa Strayer University SOC 300: Sociology of Developing Countries Professor T. Taylor August 31, 2015 South Africa South Africa is located at the southern tip of Africa. It is made up of a unique demographic, and is approximately twice the size of Texas (Cia.gov, 2015). The death rate in South Africa is the highest of any country (Cia.gov, 2015). AIDS is very prevalent, with South Africa having the fourth highest rate of any country in the world (Cia.gov, 2015). Economic growth is slow, and unemployment is around 25% (Cia.gov, 2015). While the economy of South Africa is experiencing slow growth, they still use the benefits of funding from banking institutions. It is important to understand whether funding from these banking institutions, as well as the general health of the population, affects the economy and politics of the country of South Africa. The World Bank and IMF have the potential to positively impact the economy in South Africa. According to Olawale and Garwe (2010), it is essential that more small and medium enterprises (SME’s) are started in South Africa. They posit this idea due to the high unemployment rate plaguing South Africa. While the World Bank is in full support of more SME’s being opened in South Africa, South Africans fear corruption will prevent them from beginning new SME’s. On the other hand, one could draw the conclusion that loans from the World Bank and IMF are allowing the corrupt South African government to continue thriving...
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...are currently driving the entire travel & tourism segment. Further there are changes happening in the external environment and travel & tourism segment need to respond to these changes in order to remain in line with the changing trends in the external market. The present paper would analyze the issues faced in the travel and tourism sector in South Africa and there would be three learning objectives which would be accomplished through present paper and can be given as under: LO1 Understand current issues in travel and tourism sector LO3 Understand how the travel and tourism sector respond to change LO4 Understand the impacts of change on travel and tourism sector These three learning objectives would be attained through present paper for discussion of the contemporary issues in travel and tourism industry with specific reference to South Africa. LO1 Understand current issues intravel and tourism sector 1.1 Analyze issues currently driving change in travel and tourism sector There are several key issues driving change in the travel and tourism sector in South Africa would include the political, economical, technological, globalization, health & safety and environmental issues. Considering the environmental issues affecting present age travel & tourism...
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...is immune from the focus of globalization. Discuss A Introduction Globalization although not a new phenomenon, has increased rapidly in recent years. It has been driven by technological advances, and the reduced cost of making transactions (exchange) across borders and distances, as well as increased mobility of capital. These forces mean that globalization not only consist of economic activity but also extends to political, cultural, environmental and security issues and relates to the increasing interconnectivity of countries and communities. Since Zimbabwe is not surviving in isolation it is therefore to a greater extent not immune from the focus of globalization. Zimbabwe is affected by globalization in the following areas which include economic, sociocultural, information and communication technology, tourism, sports and education .However partially Zimbabwe is immune from the focus of globalization due to indigenization, empowerment and the Zim Asset law. Definition of terms Globalization Al-Rodhan et al (2006) defines globalization as the process of international integration arising from the interchange of world views, products, ideas and other aspects of culture. Economic globalization Joshi et al (2009) defines economic globalization as the increasing economic interdependence of economies across the world through a rapid increase in cross- border movement of goods, services, technology and capital. Sociocultural globalization James, Paul (2006) defines sociocultural...
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...Economic Reform and Globalization Shahra Razavi United Nations Research Institute for Social Development (UNRISD) Palais des Nations 1211 Geneva 10 Switzerland razavi @unrisd.org May 2003 (first draft: not to be quoted or cited without permission of author) Background Paper for the UNESCO Education for All Monitoring Report 2003: Gender and Education for All Introduction The 1980s and 1990s are frequently referred to as the era of globalization. While there is no consensus on what the term “globalization” means, for the purposes of this paper we use the term to refer to the greater openness of economies to international trade and finance, or external liberalization. The question that this paper will be tackling is how globalization has impacted on the growth of real economies in diverse regional contexts (Section One), their capacity to create employment (Section Two), and specifically how the new policy agenda has impacted on women’s labour force participation in diverse regional contexts and their enjoyment of social rights (Sections Three and Four). In addition to the available global data sets, the paper will be drawing on in-depth case studies from around the world in order to support the arguments that are being put forward. 1. International Economic Integration and Economic Growth The purpose of this section is to look at the growth implications of globalization. However, to begin the...
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...Globalization and the Information Economy: Challenges and Opportunities for Africa1 Derrick L. Cogburn, Ph.D. University of Michigan School of Information and Global Information Infrastructure Commission – Africa Catherine Nyaki Adeya, Ph.D. United Nations University Institute for New Technologies Prepared as a working paper for the African Development Forum '99 24-28 October 1999, United Nations Conference Centre United Nations Economic Commission for Africa Addis Ababa, Ethiopia 1 Copyright © 1999 Derrick L. Cogburn (dcogburn@umich.edu) and Catherine Nyaki Adeya (nyaki@intech.unu.edu). This paper reflects the opinions of the authors and not necessarily those of the institutions represented. Comments on the paper are welcome, and an updated version can be found at: www.si.umich.edu/~dcogburn/info_econ.htm. and www.intech.unu Derrick L. Cogburn and Catherine Nyaki Adeya ii ACKNOWLEDGEMENTS The authors would like to thank the officers and staff at the United Nations Economic Commission for Africa for their untiring patience and assistance on the st preparation of this paper. Special thanks to the team organising the 1 African Development Forum. Dr. Cogburn would like to thank his colleagues at the Global Information Infrastructure Commission for their assistance and support on the paper. Also, at the University of Michigan, he thanks his friends and colleagues at the School of Information, the Alliance for Community Technology, and the Centre for AfroAmerican...
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...1.INTRODUCTION Cursory observation would prove that child labour has increase in Nigeria since the late 1980s.To this end the increase may be related to the changing socio economic structure of the country. It is in this light that this paper seeks to relate the massive increase in the incident of child labour In Nigeria the mid 1980s.Globalisation should be seen as an encompassing process with implications for different sections of socio life (see Anugwom, 2001). Therefore, globalization significantly affected the child labour in Nigeria. Nigeria is reported as having 12million child workers, which is one of the highest in the world (see Siddigi and Patrinos,2001). Moreover the IL0 1996 estimate that 250million children are involved in child labour. This figure shows a problem of major proportion and which is concentrated principally in developing nations of the world. A concern with child labour stem largely out of the stark that realization in spite of the numerous national attention given to the issue, it seems to elude meaningful solution in fact rather than abate, child labour has persisted. Child labour has also attracted international attention and concern. Hence, there have been many declaration on the global arena on how to stem the rising tide of child labour. Among these declarations and conventions are the ILO conventions on the Elimination Of Child Labour, the, ILO Declaration on the Fundamental Principles and Rights of Work, the UNICEF. Declaration on the Right...
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...Chapter FIVE gLOBALIZATION AND SOCIETY OBJECTIVES • To identify problems in evaluating the activities of MNEs • To evaluate the major economic impacts of MNEs on home and host countries • To establish the foundations for responsible behavior • To discuss some key issues of globalization and society—ethics and bribery, the environment, pharmaceuticals, and labor issues • To examine corporate responses to globalization Chapter Overview Globalization has become a major socioeconomic force and topic of debate in the twenty-first century. While Chapter One examines the forces and criticisms associated with the globalization process, Chapter Five focuses upon the impact of foreign direct investment on home and host countries. Following an explanation of the balance-of-payments effects of FDI, a series of ethical issues concerning the social responsibilities of MNEs is explored. The cultural and legal foundations of ethical behavior are examined, and the challenges of global warming, pharmaceutical sales, and child labor are highlighted. The chapter concludes with a brief discussion of the need for corporate codes of ethics. Chapter Outline OPENING CASE: ENVIRONMENTAL CHALLENGES FOR NEWMONT MINING IN INDONESIA [See Map 5.1.] This case illustrates the effects of the changing and conflicting attitudes of the national and local Indonesian governments toward foreign direct investment. Headquartered in Denver, Colorado, Newmont Mining is the...
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...African country or society and critically assess both the positive and negative consequences of one aspect of globalization that is affecting this society. The International Monetary Fund defined globalisation as ‘the growing economic interdependence of countries worldwide through the increasing volume and variety of cross border transactions in goods, services and international capital flow’ (IMF, 1997). There was an increasing importance of an integrated economic platform in this new era. Nigeria made significant progress since it was first introduced into the globalisation process with Structural Adjustment Program, marking with a shift from protectionist policies to promoting free trade and economic growth. This essay will illustrate the pros of GDP growth and Foreign Direct Investment (FDI) manifested in economic globalisation of Nigeria, but evaluation will be made on the societal impact into the economy, such as income inequalities and labour exploitation. Capital inflows into Nigeria had grown immensely over the last decade in the process of economic liberalisation. It was considered as the 120th freest economy in the 2013 Index (Index of Economic Freedom, 2013). The FDI reached 11billion USD in 2009, ranking Nigeria at 19th to receive the most FDI in the world. Most prominent investors include USA Chevron Texaco and UK Shell penetrating the oil sector. China was becoming an important source of FDI recently, seeking to expand trade relationships, and Chinese investment...
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...Chupical Shollah Manuel Globalization as a theory, concept and ideology has roots from modernization theories. It has been advanced by industrialized nations and thereupon imposed on the developing nations. This concept is paradoxical where in one hand it is liberating and on the other it is constraining. In this paper, globalization is defined as a set of institutional and ideological relations which brings nations into a global village, fusion of cultures, and advancement of geopolitics, internationalization, increased borderless society and global market economy (Robertson, 1992; Ritzer, 2004; Wallerstein, 1974/2000; Zetlin, 2001). This essay chronicles a heated debate between supporters of globalization and those who are skeptical about it as suggested by the question that globalization benefits small nations while in sharp contrast these small developing nations find it as beneficial to developed nations. A plethora of case studies will be drawn across the globe in assessing these two contrasting views and in the conclusion a judgement will be passed based on the evidence substantiated throughout the entire essay. The assertion that “while promoters of globalization proclaim that this model is the tide that will lift all boats, while citizens movements find that it is instead lifting only yachts” means that globalization is viewed, conceived and interpreted differently by the rich and the poor countries are very sceptical. Globalization is not different from other theories...
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...Globalization has benefited developed countries more than developing countries. To what extend do you agree with this statement? Globalization is widely discussed subject. Therefore, it is not that easy to explain such a complicated term in simple words. The advancement in technology such as mobile phones, airplanes, telephones and the internet have made the growth of transport and communication networks possible and more convenient. This means that people and countries can exchange information and goods more quickly and in a less complicated way. This is called globalization. Since, there is an active trade among countries, the products that are manufactured are affordable. The products can be purchased by more people since they are priced cheap. However, the trade of economic goods and products are not only the matter that takes place, but also services, knowledge, cultural goods and even languages. Simply, globalization can be described as the borders being removed so that countries become economically, socially and politically interdependent on one another. There are both benefits and consequences to globalisation for developed and developing nations which impact aspects of society such as employment, level of foreign investment, brain drain/gain and aid (UNESCO, 2014). Globalization has helped countries to developed greatly in all the economy and society. Researchers from different parts of the world have gone through this topic and there are some of them who believe...
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...Employment Sector Employment Working Paper No. 74 2011 Global economic crisis, gender and employment: The impact and policy response Naoko Otobe Employment Sector Copyright © International Labour Organization First published 2011 Publications of the International Labour Office enjoy copyright under Protocol 2 of the Universal Copyright Convention. Nevertheless, short excerpts from them may be reproduced without authorization, on condition that the source is indicated. For rights of reproduction or translation, application should be made to ILO Publications (Rights and Permissions), International Labour Office, CH-1211 Geneva 22, Switzerland, or by email: pubdroit@ilo.org. The International Labour Office welcomes such applications. Libraries, institutions and other users registered with reproduction rights organizations may make copies in accordance with the licences issued to them for this purpose. Visit www.ifrro.org to find the reproduction rights organization in your country. Otobe, Naoko Global economic crisis, gender and employment : the impact and policy response / Naoko Otobe ; International Labour Office, Employment Sector. - Geneva: ILO, 2011 1 v. (Employment working paper) ISBN: 9789221241690; 9789221241706 (web pdf) ISSN 1999-2939 (print); ISSN 1999-2947 (web pdf) International Labour Office; Employment Sector women workers / men workers / employment / unemployment / gender equality / employment policy / social policy / economic recession / developed...
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