flow of related lifestyles‚ tastes‚ ideas‚ and even values across boundaries which bring about social‚cultural and even economic insecurities around the globe. 1. ENVIRONMENTAL DEGRADATION The major negative impact of globalisation on the environment is that of export-orientated destruction. The overuse of natural resources due to increased demand and also the removal of ecosystems due to population growth have had a large negative impact on the
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The Globalisation Debate: Arguments and Consequences Globalisation has been a hot topic for academic and political debate for decades now. There is often disagreement on many aspects of globalisations from its conceptualisation to whether or not its effects are positive or negative. For the purpose of this essay‚ the debate concerning the issue of historical continuity or distinct change is examined. Accounts of globalisation differ tremendously in regards to whether globalisation is considered
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and World Bank help economically struggling countries and corporations by bailing them out – Economic reform is a precondition of loans 5) The impact on poverty – 3 billion people said to have been brought out of poverty since World War II by globalisation 6) Helps countries such as China and India become emerging world superpowers 7) More connectedness (higher quantity‚ arguably lower quality) – Friendships transcend borders‚ 1/8 married U.S couples met online 8) Easier to reach a market audience
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Falling head first through a tree‚ crashing through branches‚ thinking his life would be gone in the blink of an eye. Then‚ miraculously‚ the parachute strapped to his back gets caught‚ flipping him right-side up and slamming him into the tree trunk‚ giving him the opportunity to live another day. But‚ none of this would stop John Spencer from doing what he loves. The fit‚ 52-year-old‚ chemistry teacher is passionate about many things‚ however he couldn’t decide between his two favorite; teaching
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1. Foreign Trade In the first place the mercantilists laid great empha¬sis on a favourable balance of trade. They held that the strength and richness of a country depends on two things-the possession of gold and silver mines and favourable balance of trade. As all the countries did not possess mines of gold and silver‚ they could built up rich stocks of these metals by exporting maximum of their manufactured articles and import¬ing minimum of commodities from other countries. Highlighting the
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Arguments for and against globalisation Good things about globalization: 1. International trade keeps prices low and quality high. Anytime a country in the past has tried to be self-sufficient and not partake in the global markets‚ they find that their businesses become inefficient due to a lack of competition‚ prices rise‚ their products lack innovation‚ and they end up with hyperinflation. 2. Globalization can bring wealth to some of the world’s poor. For example‚ much of Southeast Asia was
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“I would say that it is the explosiveness that I possess in my game. Like a crouching tiger waiting to pounce on it preys". -World No.1 Lee Chong Wei on being asked about what his badminton strength. Firstly‚ let us all congratulate Pandelela Rinong because she became our pride and joy when she created history by becoming the first Malaysian woman to win an Olympic medal. Then of course we must also salute Lee Chong Wei. Chong Wei fought all the way in the final against Lin Dan with intensity and
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high-tech giants often play a dominant role. Environmental labor and human rights issues have taken a back seat. What is Globalization? Globalization refers to the shift towards a more integrated and inter-dependent world economy. Globalization has two main components: globalization of markets and globalization of production.
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GLOBALIZATION OF HIGHER EDUCATION- CHALLENGES AND OPPORTUNITIES. Name of Author : Himani Gupta Designation : Lecturer Organization : Jagannath International Management School Address : K-13 A Khirki Extention‚ Malviya Nagar‚ New Delhi-110017 E-mail ID : tinugupta76@yahoo.co.in GLOBALIZATION OF HIGHER EDUCATION- CHALLENGES
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UNIT 1 GLOBALISATION Unit Structure 1.0 Overview 1.1 Learning Objectives 1.2 Globalisation 1.3 Drivers of Globalisation 1.4 Advantages of Globalisation 1.5 Disadvantages of Globalisation 1.6 Exercises 1.7 Summary 1.8 Suggested Readings 1.0 OVERVIEW Over the last thirty years‚ the environment in which international business operates has become subject to the forces of globalization and increasing world integration. The increase in world trade‚ and its globalisation‚ together with the trans-nationalism
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