...To what extent does globalization contribute to sustainable prosperity for all people? Sustainable prosperity is a very challenging task to completely fulfill. Various factors of society play a role in meeting everyone’s needs and creating equality to a degree among Earth. The United Nations, Privatization, and Trade Liberalization. Therefore globalization does contribute to sustainable prosperity for all people. Trade liberalization inspires economic growth, and ensures sustainable prosperity for everyone. The reduction and removing of tariffs has made materialistic goods like food and clothes more available and affordable to countries that are developing and have low GDP per person. For example, the average Kenyan citizen in 2014 made 1358.30 $ USD. With that much money annually, an average Kenyan would need to pay property tax, utility bills, and more. They also need to meet their basic needs like eating, and when it’s taxed because of...
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...WRITING ASSIGNMENT Topic: Has social diversity generally increased as the result of economic globalization? To what extent do you agree that diversity has generally increased? Support your claims with appropriate grounds and warrants. Economic globalization can be / is defined as a process which economic systems between countries are being connected and similar with the development of multinational companies and mass communication. To some extent, this process can have / exert effects on myriad differences in the community which can be called social diversity. Social diversity is also the way that people within a single culture are set apart from each other: social standing, ethnicity, lifestyle, religion, language, etc. There have been many debates about the divergence and convergence of society. From my perspective / In my opinion, I partly agree that social diversity mostly increased results from economic globalization. An increasing number of market economy needs has resulted in multinational coalitions and multistate organizations for cooperation and mutual development such as The United Nation, European Union and ASEAN, which is a sample for people living together in harmony. In the way seeking a help for the nation’s development, the government decides to create these organizations for political, social, educational, and especially economic benefits. Consequently, There will be general rules for each coalition to respect all members’ sovereignty. It is said in...
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...trafficking. First, it is actually the openness of the borders of the Russian Federation with the Commonwealth of Independent States countries; secondly, the strengthening of migration flows, both between states and within Russia; thirdly, the developed internal trafficking in people in Russia as one of the spheres of business, including with the purpose of using slave labor; Fourth, the globalization of organized crime, the expansion of the capacity of criminal groups to organize sustainable supply channels for "living goods." Russia is seen not only as a supplier, but also as a destination and transit country. According to UN experts, trafficking in human beings is on the level...
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...LV-1013 E-mail: abrivere@td.lv Abstract: The objective of human actions eventually is prosperity – happiness for all the people. Prosperity is constituted not only by individual wealth but by the environment as well. A typical misunderstanding in the public opinion in Eastern Europe, and particularly Latvia, is overly narrow understanding of the concept of environment – only as the nature environment. This leads to overly narrow understanding of green economics and thereby not sufficient measures of public policy. The paper deals with overview of environmental changes in Latvia during the period of last twenty years, paying attention to social, legal, political, economic and cultural environment herewith the nature environment. The efforts to measure the state of these environments with quantitative measures, usually scalar measure for each aspect of environment (like Gini index for social environment) are not sufficient to make such kind of conclusions like Kuznet’s curve hypothesis. The idea of Kuznet’s curve is discussed, paying attention to structure and pace of economic growth, considering both social and ecological aspects, empirically based on case of Latvia. The possible ways of solution for the problems, which threaten prosperity, are discussed opposing globalization to localization. The main belief is that the problems, which prima facie do not have solutions in globalization, can be solved in small, local economies. The idea of localization, which becomes more...
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...detailed & diverse.definition of the hospitality industry & tourism will be discussed. Following this, why it is necessary for firms to manage its stakeholders will be discussed. After that we will discuss the stakeholder relationship management & the stakeholder theories & how these theories are applied in the hospitality industry. After discussing about the identification of the key stakeholders, we will proceed towards our conclusion. INTRODUCTION According to Mitchell, Agle, & Wood, primary stakeholders are those stakeholders who invest some kind of capital or anything of value in a firm or an organization & are those who sand any type of risk as an effect to their investment. These are those stakeholders who if don’t contribute their input, it will be very difficult for the firm to survive. Primary stakeholders consist of customers, employees, the natural environment, community residents, capital suppliers (shareholders) & other resource suppliers. Basically the groups of primary stakeholders consist of the employees of the firm, the shareholders of the firm, the investors of the firm, the customers & the suppliers of the firm. These all are what is defined as public stakeholder groups. These groups are those who are the regulating bodies & also the communities who provides with the infrastructures. They are also those whose laws are necessary to obey, & to whom obligations & taxes may be due. As it is known that not all community residents are investors...
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...and sweatshop labor to cut its costs and maximize its profits. On the other hand, on the utilitarianism perspective, Gap’s decision to use child and sweatshop labor, cruel and ethical as it might seem, provided the people in Saipan a source of employment and income. As a poor, third world country, Saipan could not create enough jobs to sustain the livelihood of all its citizens, so it the citizens could choose between starving to death and making a difficult living in Gap’s sweatshops, the sweatshop is apparently a better option. Hence from the utilitarianism approach, Gap’s unethical behavior was actually better than its doing nothing at all. However, this decision gave Gap an international lawsuit over ethical treatment of labor, which does not cost Gap considerable fortune and energy, but also severely harmed its international reputation as an ethical player in the apparel industry (Smith, 2004). It turned out that the public citizens and the media prefer to use the Kantianism when viewing a corporate ethical issue (Iwanow and McEachem, 2005). After this Saipan sweatshop incident, the stakeholders of Gap Inc. placed huge pressure on the company management (Smith, 2004). As a result, Gap Inc. went through a thorough reflection on business ethics and corporate social responsibilities (CSR). Finally, the company made a decision to shift from the Utilitarianism approach to...
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...FROM “(R)EVOLUTION” TO SUSTAINABLE DEVELOPMENT: CURRENT FEATURES AND PERSPECTIVES ABSTRACT This article aims to address the issue of Sustainable Development (SD) in an evolutionary perspective within its multidisciplinary scope. The complexity of developments for sustainability has frequently proven difficult in its implementation, evaluation and effective communication.It was our intention to provide an outline of the diverse views on the subject, focusing on globalization as a change of attitude towards sustainability.It is a review of terminology associated with the SD and its multiple interpretations.It is referenced the apparent and irrelevant impact of initiatives to solve the economic, social and environmental problem. It emphasizes the influence and importance of strategies and the positioning of SMEs on the way to SD in the policy of act local think global. KEYWORDS Strategy Sustainable development Sustainability, SMEs JERÓNIMO, WINSTON CENSE, Center for Environmental and Sustainability Research, Departamento de Ciências e Engenharia do Ambiente, Faculdade de Ciências e Tecnologia, Universidade Nova de Lisboa, Portugal OLIVEIRA, NUNO GASPAR DE CIGEST, Assistente Instituto Superior de Gestão, Portugal 1. INTRODUCTION “(R)Evolution or Death”, adapted from the revolutionary slogan used and popularized by the Cuban regime, serves as motto for the urgent need to transform our production and consumption systems and our standing towards the environment around us....
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...Economy Market Introduction The workshop “the Social Market Economy in the Context of National & International Challenges” was the first activity of the 2006 Agricultural Policy Forum series organized by the National Agricultural Policy Center (NAPC) with the support of the FAO Project GCP/SYR/006/ITA. Dr Isam El-Zaim, Director General of The Arab Center for Strategic Studies and Head of the Syrian Economic Scientific Association, presented this workshop on April 13, 2006 at the NAPC premises in Damascus. The NAPC, a department of the Syrian Ministry of Agriculture and Agrarian Reform, has the mission of shedding light on the most important economic and agricultural issues, aiming to significantly contribute to identifying appropriate policies and strategies promoting sustainable development in pivotal fields, particularly...
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...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 that must be slain—or a force for human progress? It is tempting to reduce the debate over the economy of the twenty-first century to a simple alternative: being for or against globalization. Yet in...
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...”Business started long centuries before the dawn of history, but business as we now know it is new – new in its broadening scope, new in its social significance. Business has not learned how to handle these changes, nor does it recognise the magnitude of its responsibilities for the future of civilization,”. We can say that corporate social responsibility is the balance between economic sustainability and social responsibilities . John Rockefeller said : “"I was trained from the beginning to work and save. I have always regarded it as a religious duty to get all I could honorably and to give all I could." . By definition, CSR refers to the "voluntary integration of corporate social and environmental concerns in their commercial operations and in their relations with the parties concerned,” according to The Green Book of the European Commission "Promoting a European framework for Corporate Social Responsibility" . With simple words CSR is whenever a businesses make contributions to the community , by which action showing that they are giving back to the people , which contributed for their flourishing . As a beginning let’s make something clear about the true meaning of CSR . It is not all about philanthropy or doing charity services. This being said does not make such activities unimportant....
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...Critical Social Policy http://csp.sagepub.com/ Capitalist globalization, corporate social responsibility and social policy Leslie Sklair and David Miller Critical Social Policy 2010 30: 472 DOI: 10.1177/0261018310376804 The online version of this article can be found at: http://csp.sagepub.com/content/30/4/472 Published by: http://www.sagepublications.com Additional services and information for Critical Social Policy can be found at: Email Alerts: http://csp.sagepub.com/cgi/alerts Subscriptions: http://csp.sagepub.com/subscriptions Reprints: http://www.sagepub.com/journalsReprints.nav Permissions: http://www.sagepub.com/journalsPermissions.nav Citations: http://csp.sagepub.com/content/30/4/472.refs.html >> Version of Record - Nov 1, 2010 What is This? Downloaded from csp.sagepub.com by guest on May 2, 2012 E S L I E S K L A I R L London School of Economics D A V I D M I L L E R University of Strathclyde Capitalist globalization, corporate social responsibility and social policy Abstract This article outlines how the twin crises of capitalist globalization – of class polarization and ecological unsustainability – combine to produce the need for Corporate Social Responsibility (CSR) to attempt to bridge the gap between the rhetoric and reality of corporate conduct. The first section outlines how CSR relates to capitalist globalization and how it is integrated into the activities of the Transnational Capitalist Class (TCC). The role of CSR in...
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...Globalization & Women Komal (4789) Ruchi (4875) Lavanya (4642) WHAT IS GLOBALIZATION? It is the process of creating languages, services, and products that apply not just to an individual neighbourhood or city or country, but to the whole world. While one interpretation of globalization has to do with equal exchange and sharing of goods and services between countries and cultures, the reality of a globalized world is much different. Globalization is a phenomenon that crosses and erases geographical and political borders and makes all countries start to look the same. As a result of globalization, local products, services, and cultures disappear into a global culture, a culture defined not by the global citizenry but rather the world's economic and political superpowers - mostly North America-owned corporations. How does economic globalization work? Economic globalization is fueled by international trade agreements signed between nations. The goal of these agreements is to get rid of barriers to trade by allowing companies to move their factories to countries with the lowest labour and environmental standards, countries where they can produce their products the cheapest...
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...DIVINE WORD UNIVERSITY FACULTY OF BUSINESS AND INFORMATIC DUE: 6th March 2015 Globalization and its impact on Pacific Island Nations PNG STUDIES AND INTERNATIONAL RELATIONS MAJOR PAPER PREPARED AND COMPILED BY JOHN STARLING IRO BUSINESS ACCOUNTANCY 4 DIVINE WORD UNIVERSITY FACULTY OF BUSINESS AND INFORMATIC DUE: 6th March 2015 Globalization and its impact on Pacific Island Nations PNG STUDIES AND INTERNATIONAL RELATIONS MAJOR PAPER PREPARED AND COMPILED BY JOHN STARLING IRO BUSINESS ACCOUNTANCY 4 Table of Contents Introduction3 1.0 The features of globalization 1.1 Economy…………………………………………………………………………………………………...4 1.2 Trade………………………………………………………………………………………………………...5 1.3 Communication and Technology……………………………………………………………….7 1.4 Environmental…………………………………………………………………………………………..8 1.5 Culture………………………………………………………………………………………………………9 2.0 Impacts of globalization on pacific island nations…………………………………11 3.0 The serious problem facing the world today…………………………………………13 3.1 Global warming……………………………………………………………………………………….13 3.2 Poverty, Disease, conflict and natural disaster………………………………………..14 4.0 How it affects the Government and people of Solomon Island……………..16 Conclusion……………………………………………………………………………………………………..18 Introduction Definition Globalisation is define as; “A process in which the economic, political & cultural separation between nations is breaking down & an international order is emerging” It is further define as the occurring in the economic, political &...
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...A sustainable coffee market A case about sustainable enterprising www.hbodio.nl/english 2 Alice O, Amsterdam © 2007 Alice O education in a global perspective Oostenburgervoorstraat 90, 1018 MR Amsterdam Email: alice@aliceo.nl Telephone: +3120 620 48 15 Website: www.aliceo.nl/english All rights reserved. Nothing from this publication may be copied, saved in an automated databank or be made public in any form or manner without prior written permission from Alice O. The case may be copied for students on condition that Alice O receives information about the use of the case. If used, the person responsible at the educational institution must send an e-mail to m.oyevaar@aliceo.nl. In this e-mail name, address, type of education and contact person should be mentioned as well as an estimation of the number of students using the case. The case can be downloaded for free on www.hbodio.nl Coordination: Daniël van Middelkoop: Martin Oyevaar: d.vanmiddelkoop@aliceo.nl m.oyevaar@aliceo.nl October 2007 www.hbodio.nl/english 3 Contents Introduction ..............................................................................................................5 Background ...............................................................................................................6 1. Corporate Social Responsibility and the coffee sector ......................7 2. 3. 4. 5. 6. 8. Fair Trade.......................................
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...PORTFOLIOS: AN ASSESSMENT OF SUSTAINABLE SOURCING MARK PAGELL York University ZHAOHUI WU Oregon State University MICHAEL E. WASSERMAN Clarkson University Kraljic is widely viewed as a driving force behind the concepts of supply management and purchasing portfolios. Kraljic proposed that supply management professionals needed to engage in a new approach, embracing globalization, technology and risk. This article marked a critical juncture for supply chain management. Almost three decades later, it is evident that the purchasing portfolio concept has been widely adopted as an effective practitioner tool and a well-accepted tenet in the supply chain management literature. However, a recently completed study yielded interesting evidence of a potential shift in supply chain management, specifically, in sustainable sourcing. We recently observed that a number of leaders in sustainable supply chain management (SSCM) were not organizing purchasing portfolios in the manner suggested by Kraljic. We found organizations buying what would traditionally be leveraged commodities in a manner more appropriate for strategic suppliers. This unexpected observation suggests that the supply chain field may face another critical juncture, this time related to SSCM. This manuscript describes the observed phenomena and then, using an inductive approach, enhances the existing theory to explain what was observed. The end result is a modified sustainable purchasing portfolio model that...
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