What Is Globalisation?
WHAT IS GLOBALISATION? "Globalisation is unavoidable" (World Bank, 1995:54) "Globalisation is a myth suitable for a world without illusions, but it is also one that robs us of hope" (Hirst and Thompson, 1996:6) There are many theories that try to define and explain globalisation. What is commonly accepted by most of them is the fact that globalisation is a multidimensional process. The major aspects of globalisation are economical, political and cultural. It can be claimed that globalisation in our days has created a strong debate field where supporters and opponents of globalisation, act in very dynamic ways. The antiglobalisation movement has become a global social movement that has many supporters in a big number of countries who think of globalisation as a big threat to their world. On the other hand, support of globalisation is also widespread in many countries, and what strengthens this support is the belief that globalisation is the progress and the future. For some, globalisation is not a new phenomenon. This view has to do mainly with the economical aspect of globalisation. According to this view, globalisation is described as the process which involves growing economic "interdependence" of countries worldwide. But the economic interdependence is not a new phenomenon (Singh, 2000:3). By the second half of the 19th century Adam Smith's theories and the "Laissez
Anti-globalisation
Anti-globalisation movements: a case of anarchism? Introduction The term globalisation is highly contentious and contested, defined in various ways by scholars and those affected by it. It usually describes important changes occurring to global economic structures and the effect these changes are having on national and global economies, various cultures and politics. Globalisation has its supporters and opponents. Its opponents however been more vocal and have articulated their opposition in more visible, expressive and combative ways. This therefore explains the high visibility of the anti-globalisation movement, also known as the global justice movement with its diversity of participants and different forms of dissent. This movement represents the people's resistance against the adverse impacts of globalisation underpinned by neo-liberal values (Curran, 2006). The so-called "anti-globalisation movement" showcases a significant illustration of social conflict and contentious political behavior for the past few decades in history. A growing number of boisterous and well-attended protest events against the neoliberal globalisation these days have provided evidence of the rise of a transnational movement where domestic and internationally-represented protests have developed solidarities and stirred public debate committed to challenging neoliberal policies and institutions
Globalisation and Women.
Niamh Gallagher C02482703 FT353/2 The Network Society 'Globalisation and Women' Wolfgang Truetzchler Due Date: 19/04/04 Submission Date: 19/04/04 Globalisation and Women Introduction: Defining Globalisation 'The inexorable integration of markets, nation states and technologies to a degree never witnessed before in a way that is enabling individual corporations and nation states to reach around the world farther, faster, deeper and cheaper than ever before...the spread of free market capitalism to virtually every country in the world.' (Lechner, 2001) There is a vast number of ways to define globalisation. It broadly refers to the expansion of global linkages. The growth of a global consciousness, which creates a world society, within which consumer goods and tastes have homogenised. The integration of all economies throughout the globe has led to one great global economy. This global economy is home to free market capitalism dominated by economic, financial and political institutions such as multi national corporations and governments in countries such as Great Britain and the United States. Such countries greatly support the global economy and free market capitalism simply because they profit the most from it. It is important to question as to where the process of globalisation emerged. A number of different processes have come together to create the global
Discuss Globalisation.
Globalisation Globalisation is a term meaning the way things like ideas and money spread around the globe more and more rapidly and easily. A transnational corporation, or TNC, is a company with branches or workers in many different countries; this is an example of globalisation. Nike, for instance, is an American company which has branches in Mexico, India, Thailand, Malaysia, China, Taiwan, Canada, Spain, Portugal, France, Germany, England, Ireland, Italy, Australia and many more countries, especially in Europe, and has nearly all of its products manufactured in foreign places. This is a great benefit to Nike because it means that they can find the cheapest places from which to buy their raw materials, have their products made where wages are lowest, choose countries that are easy to ship goods to and from, and sell their products where retail prices are highest and people are richest. In order for a company to do well, it must reduce its costs and increase its sales, which is exactly what going global helps it to do. However globalisation does not only benefit the transnational corporations. It also helps people in less economically developed countries where there are a lack of jobs, because the people can then work for the companies and earn wages. And because the markets are large, lots of jobs are available. The governments of LEDC's are pleased to have transnational
What is Globalisation?
CONTENTS * Introduction to Globalisation Page 2 * Varying Levels of Globalisation Page 2 * Change in Management Structures Page 4 * Management Controls Page 5 * Transfer of Information Page 6 * Evolution of the Global Firm, Product or Geography? Page 6 * Conclusions Page 7 * References and Bibliography Page 8 * Appendices Page 9 Globalisation Globalisation is defined as "tightening international linkages on a world-wide scale". (De Wit and Meyer, 1988). As barriers to the movement of capital and tariffs are eliminated, some global organisations providing typically standardised products to world markets have in the extreme, become more powerful than nation states. (Dicken, 1998). The global firm, as opposed to the multinational firm operates with resolute consistency, at low relative costs, as if the entire world, (or major regions of it) were a single entity; in other words it sells the things in the same way everywhere1. Global Integration is leading to the promotion of international best practice through the sharing of knowledge and experience. Traditional business practices have disappeared as individual preferences have become similar, leading to the standardisation of products that, inevitably has a profound impact on organisational design. In the past there were huge inefficiencies in the flow of information around the world,
What Is GLOBALISATION
What Is Globalisation? The term Globalisation is now a common phrase that people will recognise; this said not too many of these people will know what it truly means or what it involves. This confusion isn't helped by the fact different variations of the process have been created & many people have attempted to define it. Study of the concept has lead many to describe it as indefinable, ' there are few terms that we use so frequently but which are fact as poorly communicated as globalisation'(Giddens, 1996). To find a definite answer to its meaning would be impossible as to ask everyone to conform to a single idea or viewpoint would contradict the research many have done on the subject. With the amount Authors that have researched Globalisation & its history it's easy to see how many different viewpoints there are. A very basic idea could be that taken form Collins Dictionary who define it as a 'process enabling financial & investment markets to operate internationally, largely as a result of deregulation & improved communications'.(Collins, 9th Edition) The simple and basic nature of this meaning doesn't give anywhere near a true reflection and understanding of the issues involved with Globalisation, to enable a true reflection of this process the need to look at where it stared, what has led to its growth over the last 50 years & the implications that it has had on the
Globalisation- The backstory
So what is Globalisation? Globalisation is when an idea, message, a brand or anything spreads around the world. This happens all the time - a t-shirt for example, if you look at a tag on your t-shirt, chances are it is made from a country other than the one you are sitting in now. What's more, before it reached your wardrobe, this shirt could have very well been made with Chinese cotton sewed by Thai hands, shipped across the Pacific on a French freighter crewed by Spaniards to a Los Angeles harbour. This international exchange is just one example of globalization. Advertisements, pictures, global social networks such as Facebook, migration, trade, languages, and communication are just some examples of how globalisation works. But have Globalisation done any justice to the way we live and the world? In our world, Globalisation is a very positive thing. It has given us cheap clothes, a huge selection of products and much, much more. Can we see any negatives? Not really. So how can this be fair? Or is there a back story? TNC’s (transnational corporations) are corporations such as Nike, Gap, Wal-mart stores, Toyota, Ford, BP and Primark which sell their products around the world. Because of the fact they like their profits and we like having our products cheap, we go to LEDC’s (less economically developed country’s), such as India and lots of countries in Asia
Business in Context - Globalisation
Business in Context Explain briefly the term "Globalisation" and show why some writers believe it is not a new phenomenon. Discuss the major factors which are said to have caused the globalisation of world trade since 1970. Wherever possible use examples of a particular country or particular firms. Globalisation is very important in the world of business and the processes associated with it are essential for healthy and successful business development. The majority of the economies' success is due to different countries interlinking and trading amongst others which is what globalisation is all about. Globalisation is based on the concepts of freedom and openness within the economy and inter-dependence on a global scale. The term has accumulated many meanings and interpretations over the years and no simple explanation can be given that would be able to cover the whole concept. Globalisation generally refers to the process of transforming local phenomena into a world-wide one. Trade and the growth of trade is a key element that lies at the heart of globalisation. Economic globalisation is all about national economies coming together and integrating into the international economy through the use of trade, foreign investment, the ever increasing spread of technology and things alike. It is also about the removal of barriers between national borders in order to enable the flow
What is Globalisation?
Sociology Essay Level 2 Introduction What is Globalisation? Economic globalisation is, in a sense, the strengthening of the position of capitalism as the prevailing structure of production in contemporary history According to Walters, globalisation is a 'social process in which the constraints of geography on social and cultural arrangements recede and in which people become increasingly aware that they are receding.' It refers to the increasing integration of economies around the world, particularly through trade and financial flows. The term 'Globalisation' has come into common usage since the 1980s, reflecting technological advances that have made it easier and quicker to complete international transactions-both trade and financial flows. It refers to an extension beyond national borders of the same market forces that have operated for centuries at all levels of human economic activity-village markets, urban industries, or financial centres. There are various forms of Globalisation: As Sir David Henderson explains in one of his most recent publications, "The Changing Fortunes of Economic Liberalism", globalisation in its simplest form can be defined as "free trade and free movement of capital and labour around the world" (Sir David Henderson). Thus broadly speaking, globalisation is the process by which economic barriers are broken down between different geographic
Globalisation in Malaysia
EC280: International Business Analysis Globalisation in Malaysia Contents: Page: Introduction 1 Malaysia and its economy 1 Globalisation and the challenges Malaysia face 2 Education 3 Corruption 4 Family planning 5 Investing in R&D and ICT 5 Conclusion 6 Bibliography 7 Appendix 1: Map of Malaysia 9 Appendix 2: Table to show Origin of GDP in Malaysia 10 Introduction: This paper is based on the challenges that globalisation presents to Malaysia and assesses how Malaysia is responding to those challenges. Malaysia: Malaysia is located along the southern part of the Southeast Asian peninsula. Countries that neighbour Malaysia include Singapore, Thailand and Indonesia and Philippines (see Appendix 1 for map of Malaysia). The country produces rice, rubber, oil and electronics. The capital, Kuala Lumpur is a centre of international business and boasts one of the world's highest office buildings, the 452 metre high Petronas Twin Towers (Steele, 2000, pg.94). Malaysia's economy has experienced rapid growth since the 1980s, having made the transition from being an agricultural-dependent economy to an industrial-based one. This growth was mostly driven by exports -mainly electronics. Today, Malaysia is one of the biggest exporters of hard drives and memory chips across the world (gov.my).
