...trade. Any country can participate to set up, acquire, merge industries, invest in equity and shares, sell their products and services in India. Therefore, globalisation should not be considered in isolation, but should be considered in totality with liberalisation of the industrial policy towards lifting of trade control and restrictions, influence of trade block and simultaneous privatisation. Global market treats the world as a single market. With the advent of information technology and its strategic application, the world is focussed as a global village and all traders are therefore globalised. The Earlier (pre 1990s) concept: Before 1990s India followed a patch of restricted trade. Such restrictions were that certain products would not be allowed to be imported as they were manufactured in India. For example, General Engineering goods, Food items, toiletries, Agricultural products etc. were in the banned list of import. Some other kinds of products which were produced in restricted quantity in the country or are expensive and categorised as luxuries were subjected to heavy import duty to make them costlier in order to dissuade flow of foreign exchange and give protection to local producers. For example, VCR, Music sets, Air-conditioners, Computers etc., these items were subject to 150% import duty. Globalisation in India: In the 1990s due to change in world economic order and...
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...The Impact of Globalisation on the Australian Economy By Anthony Stokes Lecturer in Economics, Australian Catholic University Globalisation is not new. Australia has been involved in trade, investment, financial flows, technology transfers and the migration of labour since its foundation as a colony. What has changed is the size, direction and influence of these transfers, especially since 1980. There are a number of factors that have aided this transformation. They include: • The expansion of new markets – foreign exchange and capital markets are linked globally. They operate 24 hours a day with dealings any where in the world possible in real time. Financial deregulation and the floating of the Australian dollar since 1983 intensified the impact of globalisation on the Australian economy. • New technology and the tools of globalisation – the internet, email, mobile phones, media and communication networks have all sped up the process of globalisation. They have increased the spread and speed of knowledge transfer and communication. Australian consumers can buy products from any nation in the world, transfer funds between accounts or purchase shares in any major market. Australian businesses can market their products at a fraction of the cost and be exposed to a global market place of competition. This potentially is the closest we will ever come to the perfect market. • New institutional players – The World Trade Organisation (WTO) has growing authority...
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...“The Effects of Globalisation on Australia” Economic, Social, Cultural, Environmental and Political Word Count: 1,638 Table of Contents Table of Contents 2 Executive Summary 3 Introduction 4 Economic 5 Social 7 Cultural 9 Environmental 10 Political 11 Conclusion 12 References 13 Executive Summary The effects of Globalisation on Australia can be disseminated into a number of different categories. For the purposes of this report five major categories including Economic, Social, Cultural, Environmental and Political have been explored and summarised but is by no means exhaustive. The overall effects and impact of globalisation on Australia may well be positive to the general population, but there will always be those who are disadvantaged, and those who have increased advantages. In this report the authors attempt to separate the above mentioned elements and treat them individually. It should be noted however that it is extremely difficult to do so as many issues interact and overlap with some or all of the elements of globalisation, as globalisation has been in existence since the stone-age. “Just as the concept of globalisation is contested and multifaceted so are the choices available to citizens and governments.”[i] Introduction How one views ‘the effects of globalisation on Australia’ will very much be determined if one defines globalisation in its broader sense or otherwise. Globalisation seems to be the catch phrase of the 21st Century...
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...Globalisation does not really have an exact origin. It has been here since the beginning of human existence. From the moment people began migrating and exploring the world, they traded and exchanged ideas and techniques, ultimately giving birth to the idea of globalisation. However Theodore Levitt in 1983 introduced the term globalisation to the world. Globalisation in the past couple of years has been a prevalent topic. Look in any newspaper, magazine or television show, and in some way you will see globalisation occurring. Globalisations definition can be liquidated as the rapid exchange of a country’s goods, services, and culture using trade, transportation, and or communication with another country and or multiple countries. (Economic News Articles, 2011) Everything has its advantages and disadvantages. Globalisation is no exception. Examining economy, technology, and culture this essay will assess the advantages and disadvantages of globalisation, and how it possibly is affecting the United Kingdom. The economy today has been greatly affected by globalisation. The world is constantly evolving. Globalisation from an economic perspective is something that needs to be examined carefully. A disadvantage of globalisation on the economy is that as companies expand they are forgetting about the less fortunate countries. The prosperity that countries acquire from globalisation is not evenly distributed among other countries. (The Business Environment, 2009) Some advantages globalisation...
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...ICDE International Conference November 19-23, 2005, New Delhi EFFECTS OF GLOBALISATION ON EDUCATION AND CULTURE S. Chinnammai University of Madras, Chennai, Tamil Nadu, India rdhakshinamoorthy@hotmail.com Abstract Education is undergoing constant changes under the effects of globalisation. The effects of globalisation on education bring rapid developments in technology and communications are foreseeing changes within learning systems across the world as ideas, values and knowledge, changing the roles of students and teachers, and producing a shift in society from industrialisation towards an information-based society. It reflects the effect on culture and brings about a new form of cultural imperialism. The rise of new cultural imperialism is shaping children, the future citizens of the world into ‘global citizens’, intelligent people with a broad range of skills and knowledge to apply to a competitive, information based society. Globalisation and technological advancements are delivering and increasing access to the world and subsequently subjects should reflect this global outlook. The internationalisation of higher education can be linked to various internal and external changes in the international system. Externally, there have been changes in the labour market, which have resulted in calls for more knowledge and skilled workers, and workers with deeper understandings of languages, cultures and business methods all over the world. Education is becoming more invaluable...
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...assess the view that the process of globalisation has led to changes in both the amount of crime and the types of crime committed Globalisation refers to the increasing interconnectedness of societies so that what happens in one locality is shaped by distant events in another and vice versa. For example, the availability of illegal drugs in any UK city and the amount of crime which occurs in order to sustain people’s drug habits depends on how effectively farmers in Columbia and Bolivia can grow illegal crops such as the coca plant and also how effectively global drugs trade gangs can traffic illegal drugs into UK towns and cities. Globalisation is caused by the spread of new information and media technologies especially the internet and satellite tv, mass migration, mass tourism, cheap international air travel, cheaper transportation of goods across borders, containerisation and the increase in transnational organisations that produce and market their goods and brands in a global marketplace. The expansion of free trade (meaning that companies can manufacture and sell their goods in increasing numbers of countries without trade barriers) has led to the establishment of transnational corporations. There is some debate in the sociology of crime and deviance as to the extent to which globalisation has led to changes in the amount of crime and the types of crime committed. Some Marxists such as Taylor (1999) argue that globalisation has led to an increase in crime rates in...
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...People around the world are connected to each other than ever before. It is much easier for people to travel, communicate and do business internationally. This whole phenomenon has been called globalisation. Globalisation is the interaction between countries in order to develop the global economy. It has also been encouraged by trade liberalisation and financial market deregulation. It relates to the economy, politics, culture, society, and generally, with everything we deal with in our everyday lives. Spurred on in the past by merchants, explorers, colonialists and internationalists, globalisation has in times that are more recent been increasing rapidly due to improvements in communications, information and transport technology. There are two types of global integration and they are positive and negative integration. The positive integration deals with homogenising international economic laws and policies and the negative integration deals with eroding of trade or protective barriers such as tariffs and quotas. The economic aspect of globalisation deals with the “increasing occurrence, speed and intensity of production, trading and financial exchange between individuals and bodies across global distances” (Fabian Global Forum, no date: 14). Other economic aspects, which have surfaced over the last thirty years, are multinational companies; technological progress and new financial techniques; authority of umbrella organisations like the World Trade Organisation (WTO), the...
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...Colin Gaughan (x00110326) “Globalisation is a powerful worldwide force that has brought significant benefits to many peoples. Its benefits, however, have not been universally distributed.” This statement was made by John and George Steiner in 2005. They said this when globalisation was beginning to happen at a rapid pace. Globalisation allows countries worldwide to trade with each other on an economic or political front. This has had many benefits for a lot of people around the world. In my essay, I will discuss the many benefits that globalisation has brought to people. My research has enabled me to analyse this statement to great effect. Firstly, I will give a brief description of the history of globalisation. I will then discuss the many benefits globalisation has had on people worldwide. Then, I will discuss the universal distribution of globalisation. Finally, I will give a coherent conclusion to the points that I have made in my essay. Globalisation, although a relatively new term, has been occurring for many years but it has really began to occur on a much greater scale in recent times. As said by (Ross, 2003) , “globalisation began with a technological breakthrough.” This says a lot about the power that technology has. It is commonly known that technology has been a major player in many changes in the world in recent times, and it is no different with globalisation as it came about as a result of the “world's first microprocessor.” This may not sound like it could...
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...In the context of IPE, what is globalisation? To what extent has the authority of nation states been eroded by globalisation? Discuss with reference to any OECD country. IPE and Globalisation In order to explain globalisation in the context of International Political Economy (IPE), I will begin by discussing the frameworks that IPE uses to describe the social constructs upon which human society is based. This discussion will then extend to issues pertinent to the essay question, including the concepts of globalisation, the nation state, authority and sovereignty, and the extent to which a nation state’s participation in a globally interdependent system influences that nation state’s authority. IPE connotes a multidisciplinary method of enquiry to explain the ever-changing relationships between states, markets and societies across history and in different geographical areas. IPE includes a political dimension that accounts for the use of power by a variety of actors including individuals, domestic groups, states, international organisations, NGO’s, and transnational corporations. IPE also involves an economic dimension that deals with how scarce resources are distributed among individuals, groups and nation-states. (Ballam and Dillman, 2011, p7) To place globalisation within the context of IPE, one must view the concept in terms of the causes and effects of the world market economy, the relationship between 2 economic and political change, and the significance...
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...was downloaded by: [Canterbury Christ Church University] On: 02 June 2015, At: 08:01 Publisher: Routledge Informa Ltd Registered in England and Wales Registered Number: 1072954 Registered office: Mortimer House, 37-41 Mortimer Street, London W1T 3JH, UK Globalisation, Societies and Education Publication details, including instructions for authors and subscription information: http://www.tandfonline.com/loi/cgse20 The role of English language and international media as agents of cultural globalisation and their impact on identity formation in Kuwait a b Mohammed M. Hasanen , Ali A. Al-Kandari & Hussain Al-Sharoufi c a Department of Political Sciences, Gulf University for Sciences and Technology, Hawally, Kuwait b Research & Development Office, Gulf University for Sciences and Technology, Hawally, Kuwait c Click for updates Department of English, Gulf University for Sciences and Technology, Hawally, Kuwait Published online: 13 Jan 2014. To cite this article: Mohammed M. Hasanen, Ali A. Al-Kandari & Hussain Al-Sharoufi (2014) The role of English language and international media as agents of cultural globalisation and their impact on identity formation in Kuwait, Globalisation, Societies and Education, 12:4, 542-563, DOI: 10.1080/14767724.2013.861972 To link to this article: http://dx.doi.org/10.1080/14767724.2013.861972 PLEASE SCROLL DOWN FOR ARTICLE Taylor & Francis makes every effort to ensure the accuracy of all the information...
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...Using material from Item B and elsewhere, assess the view that the process of globalisation has led to changes in both the amount of crime and the types of crime committed Globalisation refers to the increasing interconnectedness of societies so that what happens in one locality is shaped by distant events in another and vice versa. For example, the availability of illegal drugs in any UK city and the amount of crime which occurs in order to sustain people’s drug habits depends on how effectively farmers in Columbia and Bolivia can grow illegal crops such as the coca plant and also how effectively global drugs trade gangs can traffic illegal drugs into UK towns and cities. Globalisation has many causes, such as by the spread of new information and media technologies especially the internet and satellite television, mass migration, mass tourism, cheap international air travel, cheaper transportation of goods across borders, containerisation and the increase in transnational organisations that produce and market their goods and brands in a global marketplace. The expansion of free trade (meaning that companies can manufacture and sell their goods in increasing numbers of countries without trade barriers) has led to the establishment of transnational corporations. Marxists such as Taylor (1999) argue that globalisation has led to an increase in crime rates in some UK towns and cities because transnational corporations (huge companies that do business in several countries)...
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...Globalisation plan Asses the view that the process of globalisation has led to changes in both the amount of crime and types of crime committed (21 marks) AO1As Held et al suggests, globalisation has led to major changes in the amount and types of crimes throughout the world. He States globalisation has not only bought legitimate activities into being but also bought about the spread of transnational organised crime and other new crime opportunities. E.g castells argues that there is now a global criminal economy worth over £1 trillion per anum such as arms trafficking, trafficking in women & children, cybercrimes, green crimes and many more. Thus globalisation has given birth to many new crimes throughout the world. | AO2Globalisation has not only created new crimes but it has also created many insecurities among the world which sociologists call a mentality of “risk consciousness” where risk is tied global not just in one area. E.g increased movement of economic migrants seeking work or asylum seekers fleeing persecution has given rise to anxieties among populations in western countries about crime, disorder & need to protect borders. Due to globalisation and the media’s over exaggeration of dangers we may face has led to many insecurities in our world today. | AO1Taylor who comes from a socialist’s perspective would argue globalisation has led to many changes in the pattern and extent of crime. For example, he stated that globalisation has allowed transnational...
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...Evaluate the effects of globalisation on the role of the media in society over the past thirty years or so (33 marks) Over the last 30 years’ globalisation has influenced media in many different ways, however these effects can have advantages and disadvantages. One of the effects globalisation has that is visible is that communication has become wide spread. Over the last few years, magazines, newspapers, the internet and television have spread news worldwide and helped people come together. Globalisation is the growing interdependence of the world with the spread of culture, goods and economics globally. One of the effects of globalisation is that the there are less national media outlets, as the majority are now international due to globalisation increasing over the last thirty years, the media conglomerates are now dominating as the media is dominated by only a small number of corporations, meaning the content available globally is not varied as society thinks. From globalisation media outlets have become international, and this has an effect on the role of the media, which is that it is promoting only one culture as a viable choice, the American culture, as many things that are globalised and known worldwide as from the states, for example Apple, McDonald’s and Disney are a few to name. Most of the corporations are American based, which is the reason likely why it is the American culture being the only choice as more power is set in that one country. This is restricting...
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...NDU Economic Globalization By : Elias Barakat Instructor : Dr Queen Salame Outline : 1- Introduction , Page 3 2- The effects of economic globalization on developing countries , Page 4 3- Advantages and disadvantages of economic globalization , Page 6 4- History of Globalization , Page 9 5 - Factors Contributing to the Rise of Globalisation in the Early 1980s , Page 11 6- Conclusion , Page 14 Index , Page 14 Introduction: Economic globalization is a worldwide phenomenon wherein countries’ economic situations can depend significantly on other countries. Many allied countries would supply resources to each other that the other countries do not have. These resources can cover imported products, technology, and even human labor. Many people have observed that this phenomenon may lead to a “one-world government,” which consists of a centralized government for all nations. The nature of globalization and global economic change has been a subject of immense academic research during the past two decades. It is more a phenomenon in need of explanations than a universal cause of empirically observable outcomes in the so-called globalization theory.1* 1*Check references page The effects of economic globalization on developing countries 1- Increased Standard of Living : Economic globalization gives governments of developing nations access to foreign lending. When these funds are used on infrastructure including roads, health care, education, and social services...
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...Assignment One Introduction In this assignment I will be explaining the key features of a capitalist economy whilst highlighting the importance of wage labour and capital as a self- expanding value. Following that I will then define globalisation, the forces driving it, and the parts of the UK that are most globalised. Capitalism this covers ownership of Property/Trade with the aim of making profit or as a business start-up. This social system can be found worldwide it consists of 2 things. Wage labour (working class), Private Ownership (Capitalist Class). Capitalist Economy When individuals/organisation has ownership over production. The privacy of this economy means that it does not have any intrusion from government bodies. Profit Motive Making profit for a capitalist is one of the most important aspects of being a capitalist. This is because most capitalist will not wish to lose any initial investments. If the social economy has any demands that are not ethically correct capitalist must attend to their needs purely based on profit purpose. Profit = Survive for capitalist. The formula for Profit in business is Profit = Revenue – Cost. A lot of business profits in capitalism will be pumped back into the business in order to pay for the cost. Cost is everything in the input of the business this could mean machinery, rent, and equipment and most importantly in most businesses is the labour cost for the “Working class” as mentioned before. (FT.com, 2015) Government ...
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