Journal of International Economics 76 (2008) 356–370 Contents lists available at ScienceDirect Journal of International Economics j o u r n a l h o m e p a g e : w w w. e l s ev i e r. c o m / l o c a t e / e c o n b a s e Globalization and the dynamics of cultural identity Jacques Olivier a,b, Mathias Thoenig b,c,d,⁎, Thierry Verdier b,d a b c d HEC Paris, France CEPR, United Kingdom Université de Genève, Switzerland Paris School of Economics, France a r t i c l e i n f o
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Over the last decades, the rapid acceleration of a process so called “globalization” has shifted our society to an era where interconnectedness, integration and interactions centered in the development of a new world, where everyone and everything are linked together one way or another. In a few recent decades, with the development in communication and technology that the world has witnessed the rapid increase in international trade, investment, immigration and the culture assimilation at an unprecedented
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GLOBALIZATION Firm Internationalization and Capital Structure in Developing Countries: The Role of Financial Development Halit Gonenc and Daniel J. de Haan As the trend in globalization continues, developing market economies are moving to the forefront of the world market, diminishing the dominance of developed countries. Their rapid expansion is often underpinned by strong domestic firm performance. The resources and funds required to fuel the sustained future growth of these firms as
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PART 1 GLOBAL BUSINESS ENVIRONMENT CHAPTER ONE Globalization Learning Objectives After studying this chapter, you should be able to 1. Describe the process of globalization and how it affects markets and production. 2. Identify the two forces causing globalization to increase. 3. Summarize the evidence for each main argument in the globalization debate. 4. Identify the types of companies that participate in international business. 5. Describe the global business environment and identify
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1 GLOBALIZATION 2 PART 1 Globalization PART ONE Planet Starbucks T hirty years ago Starbucks was a single store in Seattle’s Pike Place Market selling premium roasted coffee. Today it is a global roaster and retailer of coffee with more than 7,600 retail stores, some 2,000 of which are to be found in 34 countries outside the United States. Starbucks Corporation set out on its current course in the 1980s when the company’s director of marketing, Howard Schultz, came back from a trip
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Program on the Geopolitical Implications of Globalization and Transnational Security Definitions of Globalization: A Comprehensive Overview and a Proposed Definition Dr. Nayef R.F. Al-Rodhan Senior Scholar in Geostrategy and Director of the Program on the Geopolitical Implications of Globalization and Transnational Security Geneva Centre for Security Policy Ambassador Gérard Stoudmann Director Geneva Centre for Security Policy June 19, 2006 To comment, please email Ms. Bethany Webster
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Introduction Globalization is a common word of a major issue in today’s world. It may be referred to many phenomenon consuming politics, technology, corporate strategy, markets, trading, and consumer behavior (Nooteboom 1999, 56). This article is to understand the concept and behavioral changes as a result of globalization towards tourism and hospitality industry in order to construct wider understanding of its negative and positive impacts. Globalization, as a meaning of its term, clearly stated
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the United States economical situation. Some authors, like Robert Scott, claim that the entrance of China into the World Trade Organization (WTO) has negatively affected the United States’ unemployment rate, the jobs production and its income per capita reduction. In the next pages, the report written by Roger E. Scott entitled: ‘Costly Trade with China. Millions of U.S. jobs with net job loss in every state’ will be analyzed to determine what China has been doing to become the number
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In what ways, if any, has globalization transformed the phenomenon of terrorism? Introduction The idea of terrorism has not always been as it is today. The word “terror” originated after the French Revolution and the word “terrorism” was subsequently recorded by the Académie Française in 1798 (Roberts 2002). The regime of “la Terreur” was one of force and bloody repression against opponents to the newly born French Republic, but since the 19th century, terrorism has come to designate a
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(GDP) and the general development of her economy. As a result, there’s no improvement in the level of poverty. In the 90s, came the era of globalization which connotes external opening and increased role of markets domestically (i.e. the market economy). To the developing world, market economy is a modern way of turning the economy around. The essence of globalization is to move the economy towards external liberation, focusing on market oriented economic system, export-led strategy and stabilization
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