Article what is globalization
It provides a detailed account of the defense used by these football superstars and how it was counterattacked by Spanish legislators. This article describes the rise of the e-sports industry. It also lists the notable investments made by multinational companies like Sony, Amazon, and YouTube into this domain. This article explains the tax reform problem facing Jordan.
It describes how steep increment in tax rates has led to increased prices. It also explains the cause of the problem, i. No other sector in India has benefited by liberalization and the boom in economic growth as the Indian Automobile sector. Thus, the major auto makers are accelerating at a frenetic pace due to the combination of the various factors at work.
Having said that, they are also hampered by very real physical and environmental concerns that threaten to put brakes on their growth. This is the reason this case study is titled Braked Acceleration and the analysis and discussion in the case study examines the factors that drive the growth and constrain it at the same time. This article explains that currency crisis in Argentina. It describes the root cause of this currency crisis.
It also describes how this crisis can be mitigated. Economic alternatives facing Argentina have also been seen in the light of the political implications that they can cause.
This article explains the concept of job guarantee program that is being promoted by Bernie Sanders. It also lists some of the glaring flaws of this program. The article describes how this scheme can lead to total annihilation of the economy. It also describes how a Sino Venezuelan deal would end up creating synergies for both nations. However, the limitations of China on account of the financial difficulties being faced by them have also been listed in this article.
The Mouse Charmers is a Case Study of the Indian IT and Software Industry with a primer on its evolution and transformation into a global success story and changing perceptions about India and Indians, along the way. Further, this case study also discusses the challenges that the industry faces at the moment with the inward looking and protectionist policies in the West. In addition, this case study also examines how the Indian IT firms are being impacted by cultural factors that have arisen from purely local considerations.
The economic impact on various groups of nations has been explained in this article. In a short span of less than two years, Reliance Jio has become synonymous with disruption and game changing strategies. Its entry into the Indian Telecom Sector has changed the rules of the game in addition to disrupting the carefully planned strategies of the other players. The key theme in this case study is that Mukesh Ambani has invested more than physical capital and indeed, his reputation is at stake as far as the success or failure of Jio is concerned.
This article explains the idea of Universal Basic Income. This article explains how immigration is helping the Canadian economy. Factors such as aging workforce and increasing aggregate demand have been addressed in this article. Lastly, the article also lists some problems that are currently faced by immigrants. This article explains the concept of bundled payments in the health insurance industry.
It lists the advantage of this newly created model. It also lists the challenges associated with this model. This article lists the challenges facing the Russian economy. It also explains why each of these factors poses a severe threat and the steps that need to be taken by Vladimir Putin to ensure the growth of the Russian economy.
This article explains the Facebook and Cambridge Analytica data scandal. It also explains why Facebook is being held responsible in this scandal. Lastly, it also explains the economic impact of the scandal and how Facebook plans to recover from it.
This article discusses the rapid growth rate being clocked by the Turkish economy. It also explains how this unchecked growth is threatening the foundation of the Turkish economy.
TThis article explains the business model of Spotify. It also explains some of the competitive challenges facing Spotify. The direct listing model used by Spotify has also been mentioned in the article. This article explains the moral and economic drawbacks of a free healthcare system. Examples have been taken from countries like Canada where free healthcare is already in place. This article explains the logic behind rising fuel prices in India.
It also explains, how the revenue generated is used to fund socialist pro-poor schemes. This article explains the various arguments that are given against the gender pay gap. The article differentiates between arguments that do make a valid point versus others which do not make any sense. This article explains the impact of the strengthening dollar. It first explains why the dollar is strengthening. Later it goes on to explain how different parties will be affected as a result of this surge in the value of the dollar.
This article explains why infrastructure is essential for industry and the economy. It also lists the major problems that are faced while building infrastructure. The Acche Din or the Good Days in this sector are evergreen and this article examines the reasons for the same as well as analyses how the success of Patanjali shows the way for other Indian grown brands.
Further, this article also discusses the evolution of this sector over the decades and how the Indian consumer looking for novelty and quality has experimented with various brands and products. This article explains the resource curse. It describes how countries which have a lot of resources are more prone to poverty and political instability.
It lists down some of the reasons which are significant causes of this resource curse. This article introduces the world of private equity.
It explains how private equity firms make money. It then also lists some of the problems that the private equity industry is facing. This article lists the top five economic myths that are prevalent in the economic beliefs of people.
It debunks each myth using logical explanations. Alternative economic possibilities are also considered in this article. This article explains the fuel price discount being offered by Venezuela to India. It also explains what the economic impact of accepting this offer would be.
This article explains why big tech companies have become too big. It also explains how this poses a danger to the entire business ecosystem. As a result, arguments have been made as to why it is appropriate to break down these companies into smaller parts. This article explains the ill effects of the possible trade war between China and America. It explains that China and America have a symbiotic trade relationship. Any attempts to bully China will lead to adverse economic consequences for both the nations.
This article explains the concept of a private money market. It explains how such a market would work and lists down some advantages and disadvantages of this alternate system. This article explains the rise and impact of nation branding. It lists the common objectives of nation branding and explains how several countries have used nation branding to achieve these objectives.
Lastly, it also explains the negative aspects of nation branding. This article explains the concept of the government shutdown. It also explains some of the most common negative effects that this shutdown has on the economy in general. This article explains the problems with antitrust regulations. It states the history of these regulations. It also explains why these regulations do not add value any longer. The major criticisms against antitrust regulations have been listed in this article. This article explains the reality of eco-friendly electric cars.
It explains why the production and utilization of eco-friendly electric cars lead to about the same level of pollution as regular cars. This article explains the concept of national competitiveness. It debunks some of the myths related to the issue. It then explains the new theory of national competitiveness as propounded by Harvard professor Michael Porter. It also explains how the Belt and Road initiative is not merely a political movement but also an economic idea with immense potential.
This article explains the repercussions of the Sino American trade war. It explains how this war will bring economic losses to both the nations. However, it lists down other nations that will benefit from this war.
The article explains how the supply chains are going to change as a result of this new policy. This article explains the background of the pension and compensation protests at Kentucky after an order was issued recently by Governor Bevin.
It explains how this massive pension problem was created in the first place and how did it go undetected for so long. This article explains why a laissez-faire economic policy is the best way to stop immigration. The counter-productive effects of anti-immigration legislation have been listed in this article. It also explains how Amazon is not really responsible for this loss.
This article explains how regulating Facebook is counterproductive. The processes by which regulations are used to create and enforce monopolies have also been explained in this article. It explains how his economic policies are likely to affect the Mexican economy. It explains how some of the rules have been created to favor Indian companies over multinationals. It also explains why companies like Amazon and Wal-Mart will lobby the American government to prevent this draft from becoming the law.
This article explains what a price war is. It also explains how a price war affects the different players in the market. Lastly, the top five strategies to face a price war have been listed in this article.
In this article, the new healthcare scheme introduced in India called Modicare has been discussed. The article provides a critical analysis. It lists the flaws and explains why this scheme is unlikely to be successful. This article describes the economic challenges facing Pakistan. It also describes how Imran Khan needs to work in order to overcome these challenges. This article explains the relationship between tax cuts and the wage increases in the United States.
It also explains why these wage increments must be followed by spending cuts as well. This article explains the concept of river interlinking. It describes the massive infrastructure project that is being undertaken in India. It also lists the economic impacts of this project. This article describes the rise of e-pharma in India. It lists some of the major challenges being faced by these e-pharma companies.
It ascertains the extent to which the Pakistani government is dependent on foreign aid. It also examines the options that Pakistani government has if the aid were actually stopped. This article explains the draconian angel tax laws in India. This article explains why infrastructure spending at federal level is a bad idea. It also explains why centralized spending leads to accumulation of even more debt. It then explains how it is politically convenient to have centralized infrastructure spending even though it is not economically viable.
It also explains the causes as well as the effects of this sudden decline. This article explains why it is not desirable that the prices must always rise. It also explains why deflation is not necessarily a negative economic scenario. This article explains the concept of Viking economics.
It explains how a high taxation rate is actually beneficial and cheaper to the people of these nations. It also explains the problems that the USA is likely to face if it implements these policies. In this article, we have explained why the personal income tax in India should be abolished. This article explains how a dismal amount of money is collected because of lower tax compliance rates.
It lists down the effects that abolishing personal income tax would have on the economy. This article explains the difference between tax avoidance and tax evasion. It also suggests some strategies that can be used to control tax avoidance and make the nation more tax compliant. This article explains the impact of the low price of oil on various stakeholders. The global effects have been listed and explained in detail.
Often, businesses that grow rapidly tend to sacrifice quality, safety, and reliability of their products and services at the Altar of Growth. There are many reasons and they include loss of control due their sheer size, Entropy due to clogging of organizational arteries, and Atrophy due to inertia as well as certain Hubris of being big.
This article examines these themes with real world examples of the Indian Aviation Sector and the Tech Titans who are facing these problems.
The Indian eCommerce sector is on a roll and global firms such as Amazon and Walmart are betting big not to leave out, playing the Long Game. This theme is explored from multiple perspectives including through theoretical references and this strategy of being in for the long term is analyzed for the pros and cons of such an approach.
Apart from this, this article also argues that while sooner or later the massive discounts would give way to realistic pricing, such a strategy has paid off for Jack Ma with his Alibaba in China. This article takes the theme that Data is the New Oil and then analyses the parallels between the battles over oil in the Industrial Age and the battles over data in the Digital Age.
Using real world examples and marketing and consumer behavior theory along with an analysis of how Tech firms operate, the discussion proceeds to buttress the key argument of the topic.
No developed country has reached its pinnacle without investing in primary and secondary as well as higher education. While India does invest in it, the returns as well as the results have been abysmal.
Barring the top institutes that have achieved global excellence standards, the rest of them do not even compare with other Third World countries. The importance of the Human Capital to economic development has been proved by economists. Thus, this article argues that for India to aspire to becoming a Global Powerhouse, it must revamp its education sector.
Moreover, its Demographic Dividend can turn into a Demographic Nightmare if it does not act soon. In this article, we understood why Obamacare is more of a welfare program than an insurance scheme. The article also explained how Obamacare caused an increase in the cost of healthcare and why people ignored this issue for so long. This article lists down some of the reasons that will play a key role in the decline of the IT industry. The pain points of the clients as well as IT employees have been listed down in this sector.
This article lists the different types of web-based startups. It explains how these startups are very different from one another. Some details about the different types of business models have also been shared. This article explains the concept of trickle-down economics. This article explains the concept of mobile wallets. It explains the different types of wallets that are available in the market.
It also explains how these wallets make money and how they are regulated. This article explains why the state of France is in an economic emergency. It also explains why t he situation is unlikely to improve in the near future. There are signs of distress everywhere in the Global Economy. Whether it is the Emerging Markets crisis or the Indian Shadow Banking crisis, there is a high chance of a global recession happening any time. This article examines what can be triggers for such a crisis and whether, India would be well placed to handle it.
Another key argument is that nations worldwide are retreating behind walls and hence, coordinated global responses are unlikely as was the case with the crisis.
It also explains how Donald Trump has the power to single-handedly exit the agreement even though the Congress may be opposed to the idea. This article explains how a focus on national defense spending can cause economic loss.
The pros and cons of military spending are listed in this article. It also explains how military spending makes the rich richer and keeps the poor impoverished. This article explains the concept of American supremacy in the oil market. It also explains how China is posing a threat to this supremacy.
The factors that work in favor of, as well as the ones that work against the Chinese, have been listed in this article. It also explains why this regulation is more stringent than other regulation. It also explains why this policy is wrong on several grounds.
The list of problems associated with this policy has also been discussed in this article. This article lists the reasons behind the increasing trend of acquisition of tech startups by industrial companies. It also explains some of the disadvantages that emanate from this business model. This article describes Apple's achievement of becoming the world's first trillion dollar company.
It also explains the challenges that Apple is likely to face in order to maintain this valuation. This article lists the reason why many Indian nationalists want to impose a ban on Chinese products. It also explains why such a boycott would be an expensive and ill-conceived proposition. This article explains the concept of Car as a Service CaaS. It also enumerates the pros and cons of Car as a Service CaaS model.
It explains how this policy harms the interests of local European farmers as well as farmers in the underdeveloped African nations. This article explains the current situation of the Greek economy. It explains why the Europeans are overstating the Greek success and why the crisis is far from over. This article explains how the trade war is futile. It lists the common techniques which are being used by multinational firms to evade payment of newly imposed tariffs. It also explains why these tariffs are only detrimental to the smaller companies.
In this article, the reasons for the drop in the value of the rupee have been listed. The global causes, as well as domestic macroeconomic factors, have been explained in detail. This article explains the concept of harmonization of taxes in the Eurozone. It explains why this demand is propaganda by high-income countries. It also explains what the disadvantages of harmonizing the tax regime are.
This article explains the concept of the sharing economy. It lists down some of the defining features of the sharing economy. It also explains some drawbacks associated with the sharing economy. This article explains the land expropriation policy being followed in South Africa. It also explains why this policy is akin to land grabbing. The negative after-effects of this policy have been listed in this article.
This article describes the history of Ranbaxy. It describes how the company grew by leaps and bounds in its initial years. It also describes how the business later went downhill and the factors which led to this downfall. This article explains the root cause of the economic crisis in Turkey. The adverse impact on Europe has been listed in this article. This article explains the reason behind the Indo Pacific partnership signed by Australia, Japan, and the United States.
It also explains why this partnership does not really threaten the Belt and Road Initiative. The flaws inherent in this partnership have also been listed in this article. This article explains why China wants to levy a property tax. It also lists the roadblocks that the Chinese government is likely to face if it wants to implement such a tax.
This article explains the concept of data localization. It also explains the pros and cons listed with data localization. The approach being followed in India, China and Russia are contrasted with the approach being followed in the European Union.
This article explains why the Swiss economy is successful. The major factors behind the success of the Swiss economy have been mentioned in this article. Donald Trump has called the Fed crazy. The reasoning behind the actions taken by the Fed has been listed down in this article. It also explains why this policy is not completely altruistic.
The business benefits that Amazon is likely to derive from the implementation of this policy have been mentioned in this article. This article explains the concept of economic overheating.
It lists some of the most prominent symptoms of economic overheating. It also explains the steps that can be taken in order to avoid such economic overheating. This article provides information about the geopolitical turmoil that has led to the increase in the price of oil. It also provides some of the main ways in which this increase will adversely affect the Indian economy.
This article explains the details about the data breach at Facebook. It also lists the possible consequences that Facebook is likely to face as a result of this massive data breach. It explains some of the new provisions that have been introduced in the USCMA and how they are likely to affect the overall industry. This article explains the concept of universal broadband.
It also explains the pros and cons related to universal broadband. Comparisons have been drawn with earlier inventions like electricity in order to better explain the point.
This article provides information about the crowdfunding initiative being taken by Pakistani Prime Minister Imran Khan. It also explains why crowdfunding works. Lastly, the criticisms to this initiative have also been listed. This article describes the current economic problems facing Zimbabwe. It also lists some of the actions that President Mnangagwa and his team will have to take in order to stabilize the economy once again.
This article explains the reasons behind the economic growth of Bangladesh. It explains how the country started as a laggard. It also explains the innovative policies that have led to this economic growth. This article explains how China earns money at the expense of its partners in Belt and Road Initiative Projects. The Chinese plans and the Cambodian situation have been explained in detail. If so, what does his leadership style mean for other business leaders and politicians worldwide?
Moreover, is such leadership good in the long term and for durability and continuity of institutions of governance? In addition, such disruption while temporarily entertaining is distractive to the age old fundamentals on which our world is run. Thus, we have to decide whether we need leaders who entertain us or educate us. This article explains how economic sanctions work. It also explains how Iran uses various tricks in order to avoid the negative impact of these sanctions.
The various ways using which Iran continues to trade with the world have been discussed in this article. This article explains the root cause behind the Italian crisis of It also explains why Italy is hell-bent on enacting a populist budget and how such a budget is likely to affect the economic situation of Italy.
This article explains why China has decided to follow the deleveraging strategy. It also explains the Chinese strategy to reduce debt without harming growth. Finally, it also explains how the trade war with America is negatively impacting this strategy and making deleveraging difficult. This article explains the economic impact of cannabis legalization in Canada. It also explains how this legalization of marijuana will have a significant impact on many different sectors of the economy.
This article explains the concept of cloud kitchen. It differentiates between cloud kitchens and traditional restaurants. It also lists the pros and cons of cloud kitchens. With elections around the corner, political parties in India have started their competitive populism. While UBI has been gaining traction worldwide, this article examines the arguments for and against the proposal in the Indian context.
We make the case for a debate and discussion of UBI in India and caution against it turning into yet another populist scheme that impacts the fiscal responsibilities of the Government. This article explains the economic consequences that the murder of journalist Jamal Khashoggi has had on the economy of Saudi Arabia. The world is urbanizing at an alarming pace leading to social unrest due to urban decay and urban chaos. Smart Cities are touted to be the answer to the urban problems.
However, how effective are Smart Cities in the developing world? Without addressing the fundamental problems, catchy tags such as Smart Cities might win votes but do not solve any of the problems. This article examines these themes from multiple perspectives and attempts to address the title question as to how feasible are Smart Cities and that too, in what conditions can they succeed?
Neoliberal Capitalism works by Creative Destruction and hence, from time to time, there needs to be Radical Disruption. Uber is an example of how Radical Disruption works. The Demonetization exercise is widely touted as one as well. However, the fact that it did not succeed in its objectives means that Radical Disruption is not always beneficial. This article examines the reasons for why it failed and where it succeeded along with insights on how it could have been implemented and thought through properly.
This article explains how the International Monetary Fund works. It explains the sources of funding commonly used by the IMF. It also describes the difference between loans given by the World Bank and the ones given by the IMF.
Farm Loan Waivers have been in the news in recent times. With political parties indulging in Competitive Populism, it is time to ask whether such approaches make for sound economics and responsible fiscal management. While debt is endemic to capitalism, there must be ways and means to check it from imploding the system. This is where regulators come into play and hence, we argue against politicians interfering too much with the regulators.
Lastly, we make a case for longer term thinking and against succumbing to irresponsible lending. The Internet has shifted the balance of power in almost all fields of our lives.
This Power Shift has been actualized due to information being available to anyone anywhere and everyone everywhere, the minimal entry barriers, and the gigantic web of connectedness which make the World Truly Flat.
This article examines these themes using examples from all fields to drive home the point about how a New Class of Powerbrokers has emerged due to the Internet. A clear example is this portal you are reading the article which is an illustration of how Entrepreneurship has been transformed due to the Internet.
With Algorithms ruling our lives, it is time to ask whether the benefits outweigh the costs and whether, such power by machines over our lives is necessarily good. Having said that, there are clear advantages of letting technology improve our world and at the same, there are definite downsides of Algorithms taking over from us. This article explains how Algorithms have become so powerful and examines the advantages and disadvantages of the same.
We argue that there is a need for informed debate on these issues and the time to do so is now. This article looks ahead for the year and examines some trends that businesses have to watch out for. The key themes in this article are that businesses having turbulent times for the last few years can expect the year ahead to be rough as well.
As we explain, it is literally Perform of Perish for them. This article explains how the American economy is the most important economy in the world.
It also explains how various factors in the American economic ecosystem have a lasting influence on other economies in the world. It also explains the reasons why this crisis has grown so big.
This article explains the economic relationship that underpins the American- Saudi ties. This article explains the dire economic situation in Pakistan.
It also enumerates the various steps that will have to be undertaken if the economy of Pakistan needs to be made self-sufficient once again.
This article explains that the year meme may not just be an innocent meme. It discusses the allegations that Facebook has been using this meme in order to gain more information from its users stealthily. This article talks about the changes to e-commerce policy which the Indian government introduced in December It explains why these changes were long due and will prove to be favorable for Indian traders and customers.
This article explains how the Tesla tax breaks have affected the economy of Nevada. This article explains the economic consequences of the prolonged shutdown in the American government. It explains how the shutdown is likely to impact the different strata of society. The Smartphone is everywhere. Its Ubiquity has resulted in new forms of capitalism with Entrepreneurs and Traders using it for direct communication and commerce in both B2B and B2C models.
It has helped them to scale up and derive efficiencies and it has also helped them to actualize synergies from removal of the intermediaries. On the other hand, the Ubiquity of the Smartphone has spawned new methods of fraud and crime.
However, we argue that instead of going back to the times when Smartphones were not yet invented, it is better to put in place safeguards and actualize a better future for all of us. This article explains the effects of violent crime in South Africa. Statistics related to the extent of crime have been provided. Published by Interstate - Journal of International Affairs. This could be referring to Nazi propaganda from the s.
However, it is, in fact, an ideology that is gaining influence in contemporary Europe. This time, allegedly, it is not Jews that have a plan to take control over Europe; it is Muslims. The rise of superbrands has many implications for the nature of work, workers, and organizations.
This paper explores superbrands and their impact in three ways. First, the dynamics of the superbrand Nike, along with the implications of Nike as As we move from Fordism to Post-Fordism and from Industrialism to Post-Industrialism, the new Market that prevails under Globalization implies many changes to the nature of work and organizations. This new Market dictates, or rather governs, the Somalia is home to roughly 9 million people, the overwhelming majority of whom are ethnic Somalis UN Statistics Division The country has been plagued with conflict and disorder beginning just years after it attained independence.
Western Feminism in a Global Perspective. American women have struggled historically against certain paradigms of inferiority that all women experience. The female identity is different according to each culture and their customs, but many cultures are based on a patriarchal past where Wine Appellation Regulation in the U. This paper explores the link between cultural identity and Globalization through the lens of wine appellation regulations in the United States, with the American Viticultural Areas AVAs , and in France, with Champagne.
The expansion of economic Understanding the Implications of a Global Village. Imagine the vast spectrum of all the cultures in the world. Listen to the music—from the gentle drum beats of Africa, to the melodic didgeridoo of Australia, to the scream of the electric guitar.
Taste the curry from India, the coconut milk Sex Tourism. Sub-saharan Africa. Published by Cornell International Affairs Review. Follow IJ. Expedited Article Review Submit an article and get a decision fast.
All rights reserved. ISSN: Need an Account? Before you can login, you need to create an account. It takes just a minute! Keep Reading » Globalization and the State: Assessing the Decline of the Westphalian State in a Globalizing World Sagnik Guha - In the year , two treaties signed in the cities of Osnabruck and Munster, collectively known as the Treaty of Westphalia, brought into creation a notion of statehood that would go on to shape and influence the formation of nation states across the world for centuries Keep Reading » The keyword Globalization is tagged in the following 22 articles.
Global Governance , Vol. Supply chain policies have come back to the top of the agenda, and shifting approaches have the potential to reshape trade and FDI flows. The key globalization-related debate here is redundancy versus reshoring. Will companies and countries seek greater safety in international diversification, or will they try fostering domestic self-sufficiency? Economic logic almost always favors the former approach, coupled with national stockpiles for true essentials, but politics will sometimes force the latter.
Superpower frictions and fragility had already destabilized the international business environment before Covid, and the pandemic adds new layers of complexity. It has led to a vast expansion of state power , while introducing pandemic control as yet another arena for ideological competition. In this environment, where companies come from and how well their home country governments get along will matter even more than before to decisions about where to raise capital, which markets to prioritize, and which supply bases to cultivate.
Many have predicted that Covid will hasten a fracturing of the global economy along regional lines, with competing blocs centered on China, the United States, and perhaps Europe. Most international flows already take place within regions , and short-distance trade has not grown faster than long-distance trade over the past few years.
Ongoing technological shifts such as the adoption of e-commerce, videoconferencing, and robots have all been supercharged by Covid Before the pandemic, many focused on how new technologies could reduce global flows , e.
But many pandemic-induced shifts could also strengthen globalization if they are not curbed by protectionist policies. Cross-border e-commerce expands export opportunities, especially for smaller companies. Forced experimentation with remote work, where successful, could spur more services offshoring. And even 3D-printing sometimes leads to more rather than less trade. Business leaders can think productively about Covid, technology, and globalization, by taking a structured approach to considering both internal and external implications.
Internally, think how individual functions can harness opportunities afforded by new technologies, while managing organizational change with sensitivity to the heightened stress employees and teams are facing. For most companies, technological trends should lead to more globalization in some areas and less in others, rather than a uniform shift in one direction or the other. Public opinion about globalization may take another negative turn due to Covid, scaling back the surprisingly strong support for trade and immigration reported in recent polling.
More international travel does accelerate the spread of infectious diseases , and economic stress could boost calls for trade protectionism. While robust public health strategies do not require ongoing barriers to globalization, nationalist politicians will point to the pandemic and failures of international coordination in the response to fortify opposition to globalization.
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