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globalization of health care
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THE NAME AND ITS RELATION TO INTERNATIONAL BUSINESS 3
The name and its beauty 3
How does this name relates to International Business? 4
1. A decade ago the idea that medical procedures might move offshore was unthinkable. Today it is a reality. What trends have facilitated this process? 5
The relentless development of technology 5
The cost advantage 6
Others 6
2. Is the globalization of health care good or bad for patients? 7
Positive impacts 7
Negative impacts 8
3. Is the globalization of health care good or bad for American Economy? 10
Impatient 10
Behind the mask 11
4. Who might benefit from the globalization of health care? Who might lose? 12
The customers (the patients) 12
The developing countries 13
The developed countries (the United States) 14
Reference 15

THE NAME AND ITS RELATION TO INTERNATIONAL BUSINESS

The name and its beauty

GLOBALIZATION

The world, as you know it, has changed as a result of globalization. Local or nationalistic perspectives is transforming to broader outlook of an interconnected and interdependent world with free transfer of capital, goods, and services across national frontiers. To be more specific, due to the development of transportation and telecommunication that the globalization plays an important role of life is irreversible. It presents in plenty of aspects of life, namely trade, culture, tourism, sports, medical treatment,…
People now find it much easier struggling to deal with things, ranging from daily demands to huge decisions not only domestically but internationally as well thanks to the advanced technology brought about by efforts of nations. For example, contacting with friends, even visually in distance is just like a piece of cake with a mobile phone or laptop. In terms of transports, it now allows you to make it to the
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