Is Hazard Transfer an Inevitable Consequence of Globalization Essay

Is Hazard Transfer an Inevitable Consequence of Globalization - Essay Example Thesis: globalization refers to the modern markets, of both developed and developing countries, which are exposed to external changes, innovations in technologies, implementation of various cultural and social changes etc. Globalization is a background of the modern development in the society in different spheres. Globalization and political economy There is no doubt that there are advantages and disadvantages of the global processes, but in the context of the modern world, globalization sets the pace of political, economic and social development. The modern citizens do not have another choice, but only keeping pace with these changing and challenging triggers of modern life development. In the process of globalization, international governments struggle for a control over the international economy, basing on their needs for wealth, which are an integral part of their current struggle for power (Gilpin, 2001). Unlike previous years, modern world accepts geopolitical hegemony (as in c ase of the United States) and not the priority of autonomous market (as in case of the United States too) (Waltz, 2000, p. 47). ...   A process of integration of national economies into a global one is a sequential process of gradual adaptation and changes of national powers into a complete successful process increasing profits of different countries (Schumacher, 1973). A shift of accents from ‘globalization as an interdependence’ to ‘globalization as a gradual balancing of international and domestic politics’ was initiated in the 40s of the twentieth century (Kapstein, Mastanduno, 1999, p. 163). With the course of time, globalization turned from a forcible process of states’ oppression into liberating trades, financial markets, and investments. A distribution of consequences of a process of globalization was the following: from â€Å"pressure for the reduction the welfare state in developed countries and for the liberalization of the economy in developing ones† (Langley, 2000, p. 462). It is more pleasant to consider a process of globalization in political economy in the following way: â€Å"the rush to free trade and capital market liberalization, the reforms of many welfare states, and the creation of independent central banks globally† (Wangoola, Youngman, 2006, p. 22). From this perspective, a process of globalization is considered to be favorable for political economy. A meaningfulness of every state is supported by the relevance of its potential assistance and cooperation with other states. It is a kind of interaction between players in the international arena. In such a way, it is relevant to support and develop a process of globalization on the international level for the countries’ benefits (Croteau, Hoynes, 2003).

Product concepts Assignment Example | Topics and Well Written Essays - 250 words

Product concepts - Assignment Example h the highest sales were from women apparel at $110,826 million, followed by that of men at $54,932 and children and infants at $34,235 (The Statistics Portal). Women are great shoppers and their tastes change with the trending fashion and style, which also aligned with the technological transformations that were taking place in the industry, such as online marketing and selling (Spencer Para 2). I believed I had a role to play in growing my parent’s business, which also enable me to advance my skills in operating my own business, which I believe I will have following my graduation. Therefore, I started marketing the products that my parents designed using my social media platform, Facebook, which was listed as the social media channel with the highest number of users across the globe (Niciporuc 1). The idea was that since I have a passion for technology I can also bring the two business ideas together and ensure that they complement each other. In other words, I would use the social media to connect and interact with my friends while at the same time I will be marketing the clothing designs and other products that I had made. Through this the customer based for my apparel retail business would grow, especially the target market; that is women. Niciporuc, Tudor. "Comparative analysis of the engagement rate on Facebook and Google Plus social networks." Proceedings of International Academic Conferences. No. 0902287. International Institute of Social and Economic Sciences,