Globalisation
Government Business Relations | Essay Option 2. | |
Option 2.
Government is more rather than less important in an era of Globalisation. Do you agree?
In an era of Globalisation, society interconnects each nation in regards to the concept of a 'Free Market ' where nations are united within fundamental methods and practices to circulate the economy such as trade, markets, products, resources and culture. Despite this inter-connection and quarrel that governments have against the ideology of Globalisation, disputes still continue whether Globalisation is an advantage or disadvantage. This paper will briefly illustrate information about the underlining question 'is government more rather than less important in an era of Globilisation? '. The main points will revolve around the global economy policies, privatisation and deregulation within arguments that revolve around tariffs and policies that governments indent into the global economy.
First of all 'Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. This process has effects on the environment, on culture, on political systems, on economic development and prosperity, and on human physical well-being in societies around the world ' (A students guide to Globalisation). A simple example is the proliferation of a major fast food brand, McDonalds. McDonalds is dispersed globally and adapts it 's menus culturally to suit specific tastes. 'Whether or not the establishment of the global marketplace will be beneficial is in dispute. Proponents believe that globalization has the potential to create greater opportunities for growth throughout the world, benefiting the developed nations while leveling the playing field everywhere else; opponents of globalization believe that it will merely increase the opportunities for the wealthier nations
Option 2.
Government is more rather than less important in an era of Globalisation. Do you agree?
In an era of Globalisation, society interconnects each nation in regards to the concept of a 'Free Market ' where nations are united within fundamental methods and practices to circulate the economy such as trade, markets, products, resources and culture. Despite this inter-connection and quarrel that governments have against the ideology of Globalisation, disputes still continue whether Globalisation is an advantage or disadvantage. This paper will briefly illustrate information about the underlining question 'is government more rather than less important in an era of Globilisation? '. The main points will revolve around the global economy policies, privatisation and deregulation within arguments that revolve around tariffs and policies that governments indent into the global economy.
First of all 'Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. This process has effects on the environment, on culture, on political systems, on economic development and prosperity, and on human physical well-being in societies around the world ' (A students guide to Globalisation). A simple example is the proliferation of a major fast food brand, McDonalds. McDonalds is dispersed globally and adapts it 's menus culturally to suit specific tastes. 'Whether or not the establishment of the global marketplace will be beneficial is in dispute. Proponents believe that globalization has the potential to create greater opportunities for growth throughout the world, benefiting the developed nations while leveling the playing field everywhere else; opponents of globalization believe that it will merely increase the opportunities for the wealthier nations
Cited: A students guide to Globalisation. (n.d.). Retrieved September 18, 2010, from Globalisation101.org: http://www.globalization101.org/What_is_Globalization.html Anderson, K. (SA 5005). Globalization, WTO and ASEAN. 11-20. Arnold, B. (2008, July). Globalization and Regionalisation. Retrieved September 22, 2010, from Caslon Analytics Information Economy: http://www.caslon.com.au/economyguide3.htm Bond, M. (2007). What Is Globalisation And Is It Good? Retrieved September 22, 2010, from Eve of the Apocalypse: http://www.eveoftheapoc.com.au/index.html Collins, K. (n.d.). The Globalization of Business. Retrieved September 22, 2010, from Flatworld Knowledge: http://www.flatworldknowledge.com/node/28023#web-28023 Globalisation. (2007). Retrieved September 17, 2010, from SearchCIO.com: http://searchcio.techtarget.com/definition/globalization Globalization Supporting Comparative Advantage in Economies. (2006, May 31). Retrieved September 17, 2010, from echeat: http://www.echeat.com/essay.php?t=28964 Kahn, A. (n.d.). Globalisation. Retrieved September 22, 2010, from Sociology 415 : http://www.soc.iastate.edu/sapp/soc415Global.html Mctaggart, F. &. (2010). Comparative Advantage and Absolute Advantage. In F. &. Mctaggart, 1303AFE Economics for Managers 3rd Edition (p. 42). Pearson Australia. Williamson, K. H. (2002). When did globalisation begin? 23-50.