Globalization in America By: Anyssa M. Neustel

Size: px
Start display at page:

Download "Globalization in America By: Anyssa M. Neustel"

Transcription

1 Globalization in America By: Anyssa M. Neustel Globalization has been disputed amongst many people within the recent years. While it has promised to bring the world unity among nations, globalization has also brought turmoil for individuals working to globalize the world and its economy. Globalization reaches from the sweatshops overseas, to the low prices of goods in the United States. Both the benefits of globalization and the appalling conditions which are created because of it are contributing factors of the debate. The use of globalization is easily identified as the bringing together of various countries and peoples and encompasses all cross-border interactions, whether economic, political, or cultural (Marber, 76). The question that plagues many today is: What will happen if the world becomes globalized and what will happen to a country s culture, political system, and economics if they become globalized? In order to properly understand globalization and the effect it has on the civilizations of the world, one must comprehend what it is and the characteristics it has. Globalization is the intermingling of economics and cultures; it is in essence, a business deal. Globalization links distant localities in such a way that local happenings are shaped by events occurring many miles away (Lecture Notes). Globalization essentially takes money from developed countries by outsourcing jobs, and redistributing the wealth to countries that have lower to no minimum wage laws. Thus creating jobs, and increasing the wealth within the country allowing it to become stronger, transforming the country into a consumerist nation, allowing it to develop (The Other Side of Outsourcing).

2 Globalization has always existed in one way or another however, it has never been as extensive as it has within the past twenty years (Lecture Notes). In 1995 the World Trade Organization (WTO) was created for negotiating, monitoring, and regulating international trade and agreements (Anderson, 100). The WTO was designed to help so that both the consumers and producers of goods and services conduct business without fear of trade restrictions and government intervention (Anderson, 100). This would create an easier environment for countries to trade with one another, and would allow for a better flow of trade from one country to another. The new wave of globalization has also been influenced greatly by innovation of the world wide internet, the internet has allowed on a global scale a vast quantities of goods and commodities to be shipped across the world at extremely low cost (Economics Online). The use of the Internet has allowed for independent selling through various websites from one nation to another, breaking what had once been a border between two countries, which at one point was seen as nearly impenetrable. Globalization faces several goals for the near future, which will affect the global community and change the world from independent working countries, to a large global community. Globalization seeks to firstly, create affordable goods in an overseas or different country. Secondly, by creating affordable goods overseas and employing there it would then create a greater economy within the host country. And thirdly, to break down cultural borders and to allow tolerance of different cultures, and promote learning opportunities (Lecture Notes). Those who promote globalization tend to address several goals that it will facilitate, in hopes to bring the world nations of today closer than they have ever been before. The

3 people who promote globalization state that through the low wages overseas, and the low cost of goods at home it has created a large international economy that provides a greater distribution of wealth (Lecture Notes). By outsourcing home countries are promoting a sense of equality among people, attempting to bring underdeveloped countries out of poverty, and to the same economic status of nations such as the United States. Globalization offers a variety of benefits to the global community, Peter Marber argues that globalization helps the individual consumer stating that in 1895 the list price for an American-made bicycle was $65, and today we can buy one for the same price with 21 speeds Chinese-manufactured (Marber, 78). China offers cheap reliable labor (The People s Republic). The United States can not compete with other countries in the labor force. China offers low wages and hard workers, while the American workforce is composed of Labor Unions, and labor laws of high minimum wage as seen in the documentary Detropia (Detropia).This portion of globalization is simply the effectiveness of producing more goods at a smaller cost, with less work for the American people. Making commodities and cheap, affordable, and easy at home the American dream (Marber, 78). With this process, it eliminates the gap between rich and poor countries, allowing for the developed countries company owner- to pay their employees who live overseas. After they have done this, then that employee presumably, will spend their money within their country boosting its economy (Marber, 80). Producing a Robin Hood effect, and preparing an equal economic global community. Unfortunately globalization has also presented the global community, with a multitude of global issues. Globalization has brought countries together, but it has also

4 has begun de-industrialization within various parts of America and domestic countries (Onesto). The most notable, is Detroit, Michigan. Detroit was at one time a thriving city, and one of the fastest industrialization growing cities in America when it became home to the automobile industry. With the outsourcing of the automobile industries, large numbers of people were left without jobs (Detropia). Today, Detroit is one of the largest poverty ridden cities in America. Li Onesto compares Detroit s poverty with hurricane Katrina, and the despair in which it brought (Onesto). The literacy rate is only 50%, and the population has dropped from 8 million to less than 1 million (Onesto). Detroit is now America s fastest dying city (Onesto). Companies look to the cost of their product and in attempts to keep a lower price, if a country were to raise their minimum wage expectancy, and it were cheaper within another country, it is likely that a large company would pull their corporation and relocate to another if it is beneficial to their finances. This would decimate the former country, and leave hundreds of people unemployed, returning that country to its prior economical state (Economics Online). Furthermore, Globalization has promoted human capital within overseas sweatshops (Marber, 80). Daniel Viederman points out that the people working within sweatshops are those who were [are] not paid minimum wage, who were [are] exposed to hazardous materials or dangerous machinery [and] forced to work overtime (Viederman). However, the dilemma is in how to fix this issue in a country that is not associated with American sentiments or labor laws. While, BW.com Staff may argue that there are companies attempting to address these poor work conditions, it is impossible to believe that all companies would join in this move (BW.com).

5 Those who promote globalization state that the free trade industry and outsourcing of jobs is providing a greater distribution of wealth and allowing a greater variety of goods to enter the global market (Lecture Notes). This helps bring down the borders that had once defined country borders, and allowing others to experience various cultures and ideas. By outsourcing jobs, countries that were once poverty stricken, are able to slowly climb out of poverty to begin becoming developing countries. Similarly Asia has a higher standard of living and greater purchasing power (Lecture Notes). Those who disagree with globalization see how globalization has reduced the cultural borders (Ghemwat, 74). Countries are becoming more Americanized by outsourcing and free trade, because it is more accessible and affordable (Lecture Notes). Opponents of globalization see that there is a problem in financial accountability. Rather than having separate national economies with small banks, with globalization will come a global economy and therefore a global-like bank (Foroohar, 67). Every country will ride upon one another, and when one suffers, then the entire global economy will undergo the same misfortunes (Lecture Notes). Globalization proponents, while meaning well, are slaughtering the identification among the different nations and racial groups. There will be a loss of culture, economics, and a loss of religious affiliation, if globalization continues at the rampant rate that it has since the invention of the internet. With globalization comes with many benefits and concerns however, when weighing the pros and cons, it is apparent that if this is to continue then the world will not be the same as it is today. In order to save the world from a mass unification of cultures and economies, there must be a change in the way in

6 which businesses are allowed to transport their companies overseas, and there must be more laws and regulations, on the part of all countries.

7 Bibliography Anderson, Sheldon. International Studies: An Interdisciplinary Approach to Global Issues. Boulder: Westview Press, 'Detropia' Shows Challenges Facing Detroit. Bloomberg, Film. "Economics Online." Globalisation. Economics Online. Web. 16 Feb < >. Foroohar, Rana. Go Glocal. Time Inc., 2012 Friedman, Thomas L. Reporting. Discovery Communications, Film. Ghemawat, Pankaj. Why the World Isn t Flat. McGraw-Hill, Washington Post Interactive, LLC Hink. Globalization. Lecture Slides. Marber, Peter. Globalization and Its Contents. The World Policy Institute, Onesto, Li. ""Dying Detroit": The Impacts of Globalization. Social Decay and Destruction of an Entire Urban Area." Global Research. Global Research, 23 June Web. 17 Feb < The People's Republic of Capitalism. Athena :, Film. Viederman, Daniel. Verite, BW.com Staff. Overseas Sweatshops Are a U.S. Responsibility: Pro: Good, and Good Business, Con: Already Doing Their Best.

Table of Contents. Table of Contents... 1 Introduction... 2 United States of America... 2 China... 4 Thailand... 4 Conclusion... 5

Table of Contents. Table of Contents... 1 Introduction... 2 United States of America... 2 China... 4 Thailand... 4 Conclusion... 5 Table of Contents Table of Contents... 1 Introduction... 2 United States of America... 2 China... 4 Thailand... 4 Conclusion... 5 1 Sweatshops A Necessary Evil Written by Jessica Gunnell, Jeff Castleton

More information

GLOBALIZATION S CHALLENGES FOR THE DEVELOPED COUNTRIES

GLOBALIZATION S CHALLENGES FOR THE DEVELOPED COUNTRIES GLOBALIZATION S CHALLENGES FOR THE DEVELOPED COUNTRIES Shreekant G. Joag St. John s University New York INTRODUCTION By the end of the World War II, US and Europe, having experienced the disastrous consequences

More information

ECON European Economic History The Industrial Revolution John Lovett $1,600 $1,400 $1,200. (Real GDP/capita) $1,000 $800 $600 $400 $200 $ 0

ECON European Economic History The Industrial Revolution John Lovett $1,600 $1,400 $1,200. (Real GDP/capita) $1,000 $800 $600 $400 $200 $ 0 ECON 343 European Economic History The Industrial Revolution John Lovett Exam 3 Code Name: In 28 we cover Perry et al instead. Objective Section: 7 pts, 2.5 points each unless noted. ( points This is just

More information

America in the Global Economy

America in the Global Economy America in the Global Economy By Steven L. Rosen What Is Globalization? Definition: Globalization is a process of interaction and integration 統合 It includes: people, companies, and governments It is historically

More information

In this unit we are going to speak about globalization.

In this unit we are going to speak about globalization. In this unit we are going to speak about globalization. 1 Globalization is the process of international integration that arises from the interchange of world views, products, ideas and other aspects of

More information

3.1 How does the economy of the globalised world function in different places?

3.1 How does the economy of the globalised world function in different places? 3.1 How does the economy of the globalised world function in different places? a. The balance between employment sectors (primary, secondary, tertiary and quaternary) varies spatially and is changing.

More information

Anthony Saich The US Administration's Asia Policy

Anthony Saich The US Administration's Asia Policy Anthony Saich The US Administration's Asia Policy (Summary) Date: 15 November, 2016 Venue: CIGS Meeting Room, Tokyo, Japan 1 Anthony Saich, Distinguished Visiting Scholar, CIGS; Professor of International

More information

Committee: G13 Summit. Issue title: Reducing trade inequality. Submitted by: Tamás Kocsis, President of G13 Summit

Committee: G13 Summit. Issue title: Reducing trade inequality. Submitted by: Tamás Kocsis, President of G13 Summit Committee: G13 Summit Issue title: Reducing trade inequality Submitted by: Tamás Kocsis, President of G13 Summit Edited by: Kamilla Tóth, President of the General Assembly Introduction Trade: The phenomenon

More information

Whether these changes are good or bad depends in part on how we adapt to them. But, ready or not, here they come.

Whether these changes are good or bad depends in part on how we adapt to them. But, ready or not, here they come. Agenda 21 will transform America but into what??? CHANGES ARE COMING ---- Whether these changes are good or bad depends in part on how we adapt to them. But, ready or not, here they come. The United States

More information

The Structure of the Global Economy

The Structure of the Global Economy The Structure of the Global Economy Readings for this past week Zakaria, The Rise of the Rest Marber, Globalization & Its Contents Friedman, It s a Flat World, after All Ghemawat, Why the World Isn t Flat

More information

MONEY AS A GLOBAL PUBLIC GOOD

MONEY AS A GLOBAL PUBLIC GOOD MONEY AS A GLOBAL PUBLIC GOOD Popescu Alexandra-Codruta West University of Timisoara, Faculty of Economics and Business Administration, Eftimie Murgu Str, No 7, 320088 Resita, alexandra.popescu@feaa.uvt.ro,

More information

Chapter 2: The U.S. Economy: A Global View

Chapter 2: The U.S. Economy: A Global View Chapter 2: The U.S. Economy: A Global View 1. Approximately how much of the world's output does the United States produce? A. 4 percent. B. 20 percent. C. 30 percent. D. 1.5 percent. The United States

More information

Migration. Chapter 3

Migration. Chapter 3 Migration Chapter 3 Migration Migration A change in residence that is intended to be permanent. Emigration-leaving a country. Immigration-entering a country. Little Haiti, Miami, Florida On average, Americans

More information

(Based on remarks during a panel discussion at the IMF conference on Meeting

(Based on remarks during a panel discussion at the IMF conference on Meeting Globalization and health in America Angus Deaton January 14, 2018 (Based on remarks during a panel discussion at the IMF conference on Meeting globalization s challenges, October 2017.) I should like to

More information

Globalisation: International Trade

Globalisation: International Trade UK Globalisation: International Trade Summary Writing Copyright: These materials are photocopiable but we would appreciate it if all logos and web addresses were left on materials. Thank you. COPYRIGHT

More information

BBB3633 Malaysian Economics

BBB3633 Malaysian Economics BBB3633 Malaysian Economics Prepared by Dr Khairul Anuar L7: Globalisation and International Trade www.notes638.wordpress.com 1 Content 1. Introduction 2. Primary School 3. Secondary Education 4. Smart

More information

October 2006 APB Globalization: Benefits and Costs

October 2006 APB Globalization: Benefits and Costs October 2006 APB 06-04 Globalization: Benefits and Costs Put simply, globalization involves increasing integration of economies around the world from the national to the most local levels, involving trade

More information

Globalisation and Open Markets

Globalisation and Open Markets Wolfgang LEHMACHER Globalisation and Open Markets July 2009 What is Globalisation? Globalisation is a process of increasing global integration, which has had a large number of positive effects for nations

More information

Identify the reasons immigration to the United States increased in the late 1800s.

Identify the reasons immigration to the United States increased in the late 1800s. Objectives Identify the reasons immigration to the United States increased in the late 1800s. Describe the difficulties immigrants faced adjusting to their new lives. Discuss how immigrants assimilated

More information

Globalization 10/5/2011. International Economics. Five Themes of Geography

Globalization 10/5/2011. International Economics. Five Themes of Geography International Economics G L O B A L I Z A T I O N, T H E F L A T W O R L D, A N D T H E I M P A C T O F T R A D E! Five Themes of Geography Globalization? Location Relative Location Absolute Location Place

More information

PART 1B NAME & SURNAME: THE EFFECTS OF GLOBALIZATION

PART 1B NAME & SURNAME: THE EFFECTS OF GLOBALIZATION Read TEXT 1 carefully and answer the questions from 1 to 10 by choosing the correct option (A,B,C,D) OR writing the answer based on information in the text. All answers must be written on the answer sheet.

More information

Exploitation: An Act of Cruelty or Opportunity. Today, the world produces millions of goods in order to satisfy the needs of the

Exploitation: An Act of Cruelty or Opportunity. Today, the world produces millions of goods in order to satisfy the needs of the Toure 1 Sakina Toure Ms. Mullins Honors English 11 15 May 2015 Exploitation: An Act of Cruelty or Opportunity Today, the world produces millions of goods in order to satisfy the needs of the consumer.

More information

AQA Economics A-level

AQA Economics A-level AQA Economics A-level Macroeconomics Topic 6: The International Economy 6.1 Globalisation Notes Characteristics of globalisation: Globalisation is the ever increasing integration of the world s local,

More information

DELOCALISATION OF PRODUCTION: THREATS AND OPPORTUNITIES FOR ESTONIA Abstract

DELOCALISATION OF PRODUCTION: THREATS AND OPPORTUNITIES FOR ESTONIA Abstract DELOCALISATION OF PRODUCTION: THREATS AND OPPORTUNITIES FOR ESTONIA Abstract Prof. Dr. Kaarel Kilvits Professor and Director of School of Economics and Business, Department of Public Economy, Tallinn University

More information

Support Materials. GCE Economics H061/H461: Exemplar Materials. AS/A Level Economics

Support Materials. GCE Economics H061/H461: Exemplar Materials. AS/A Level Economics Support Materials GCE Economics H061/H461: Exemplar Materials AS/A Level Economics Contents 1 Unit F581: Markets In Action 3 2 Unit F582: The National and International Economy 6 3 Unit F583: Economics

More information

Globalisation of Markets

Globalisation of Markets Globalisation of Markets Definition of globalisation (1) The geographic dispersion of industrial and service activities, for example research and development, sourcing of inputs, production and distribution,

More information

Lecture 1. Introduction

Lecture 1. Introduction Lecture 1 Introduction In this course, we will study the most important and complex economic issue: the economic transformation of developing countries into developed countries. Most of the countries in

More information

Economics International Finance. Sample for Introduction with Annotated Bibliography

Economics International Finance. Sample for Introduction with Annotated Bibliography Economics 3114---- International Finance Lakehead University Fall 2006 Hamza Ali Malik Sample for Introduction with Annotated Bibliography Sample Topic: Globalization and the Role of State: Social and

More information

Living in a Globalized World

Living in a Globalized World Living in a Globalized World Ms.R.A.Zahra studjisocjali.com Page 1 Globalisation Is the sharing and mixing of different cultures, so much so that every society has a plurality of cultures and is called

More information

The People are Left to Watch the Ships Go In and Out : Five Voices Speaking Out on the Unemployment Crisis and Capital Flows in São Paulo, Brazil.

The People are Left to Watch the Ships Go In and Out : Five Voices Speaking Out on the Unemployment Crisis and Capital Flows in São Paulo, Brazil. The People are Left to Watch the Ships Go In and Out : Five Voices Speaking Out on the Unemployment Crisis and Capital Flows in São Paulo, Brazil. Simone Buechler Department of Urban Planning Columbia

More information

PUBLIC CONSULTATION FOR A NEW EUROPEAN CITIZENSHIP

PUBLIC CONSULTATION FOR A NEW EUROPEAN CITIZENSHIP COUNCIL OF EUROPEAN MUNICIPALITIES AND REGIONS EUROPEAN SECTION OF UNITED CITIES AND LOCAL GOVERNMENTS PUBLIC CONSULTATION FOR A NEW EUROPEAN CITIZENSHIP Dear Colleagues, Dear Citizens, The Council of

More information

Gertrude Tumpel-Gugerell: The euro benefits and challenges

Gertrude Tumpel-Gugerell: The euro benefits and challenges Gertrude Tumpel-Gugerell: The euro benefits and challenges Speech by Ms Gertrude Tumpel-Gugerell, Member of the Executive Board of the European Central Bank, at the Conference Poland and the EURO, Warsaw,

More information

Reading Essentials and Study Guide

Reading Essentials and Study Guide Lesson 1 The Growth of Industrial Prosperity ESSENTIAL QUESTIONS How can industrialization affect a country s economy? How are political and social structures influenced by economic changes? Reading HELPDESK

More information

You ve probably heard a lot of talk about

You ve probably heard a lot of talk about Issues of Unauthorized Immigration You ve probably heard a lot of talk about unauthorized immigration. It is often also referred to as illegal immigration or undocumented immigration. For the last 30 years,

More information

The United States Trade Deficit Issue with China and its Economic Effects in 2016

The United States Trade Deficit Issue with China and its Economic Effects in 2016 The United States Trade Deficit Issue with China and its Economic Effects in 2016 Item Type text; Electronic Thesis Authors Jiang, Yuanzhi Publisher The University of Arizona. Rights Copyright is held

More information

Thoughts on Globalization, 1/15/02 Pete Bohmer

Thoughts on Globalization, 1/15/02 Pete Bohmer Thoughts on Globalization, 1/15/02 Pete Bohmer I. Class this week, Wednesday optional to come in, Dan and I will be here at 10:00, turn in paper by 1:00 Friday-not enough time for both movies; Global Assembly

More information

Weekly Geopolitical Report

Weekly Geopolitical Report Weekly Geopolitical Report By Kaisa Stucke, CFA February 29, 2016 Brexit The U.K. joined the European Common Market, what is now known as the EU, in 1973. In 1992, the Maastricht Treaty formally created

More information

Asia-Pacific to comprise two-thirds of global middle class by 2030, Report says

Asia-Pacific to comprise two-thirds of global middle class by 2030, Report says Strictly embargoed until 14 March 2013, 12:00 PM EDT (New York), 4:00 PM GMT (London) Asia-Pacific to comprise two-thirds of global middle class by 2030, Report says 2013 Human Development Report says

More information

C/W. Qu: Why is Bangalore Booming?

C/W. Qu: Why is Bangalore Booming? C/W Qu: Why is Bangalore Booming? 6/11/13 Aim: To describe and explain how the globalisation of services is leading to Bangalore becoming a growth pole in India Starter: Describe the location of Bangalore

More information

IMPACT OF GLOBALIZATION ON DEVELOPING COUNTRIES

IMPACT OF GLOBALIZATION ON DEVELOPING COUNTRIES IMPACT OF GLOBALIZATION ON DEVELOPING COUNTRIES By Name: Mrs. Vanita Malik Associate Professor Department of Economics Shankar Narayan College of Arts and Commerce Bhayandar(E). Mobile: 9324553905 and

More information

China Trade War. BDO Dunwoody/Chamber Weekly CEO/Business Leader Poll by COMPAS in the Financial Post for Publication June 6, 2005

China Trade War. BDO Dunwoody/Chamber Weekly CEO/Business Leader Poll by COMPAS in the Financial Post for Publication June 6, 2005 China Trade War Business Leaders Back David Dodge s Views on Asian Trade Threat, Predict Increase in Chinese Imports and Foresee Harm to Employment in Canada BDO Dunwoody/Chamber Weekly CEO/Business Leader

More information

Globalization and Inequality: A Structuralist Approach

Globalization and Inequality: A Structuralist Approach 1 Allison Howells Kim POLS 164 29 April 2016 Globalization and Inequality: A Structuralist Approach Exploitation, Dependency, and Neo-Imperialism in the Global Capitalist System Abstract: Structuralism

More information

Political Science 12: IR -- Sixth Lecture, Part 1

Political Science 12: IR -- Sixth Lecture, Part 1 Political Science 12: IR -- Sixth Lecture, Part 1 7 Trade International International Trade Trade Is Mutually Beneficial Why Do All Countries Restrict Trade? Patterns of Trade Restrictions International

More information

The $15 Minimum Wage and Unemployment. Fight for Fifteen is a movement fighting to raise the current federal minimum wage of

The $15 Minimum Wage and Unemployment. Fight for Fifteen is a movement fighting to raise the current federal minimum wage of 1 Lily Robin The $15 Minimum Wage and Unemployment Intro Fight for Fifteen is a movement fighting to raise the current federal minimum wage of $7.25 an hour to $15 an hour (Fight and BLS Report, 2014).

More information

CHAPTER 18: ANTITRUST POLICY AND REGULATION

CHAPTER 18: ANTITRUST POLICY AND REGULATION CHAPTER 18: ANTITRUST POLICY AND REGULATION The information in Chapter 18, while important, is only tested on the AP economics exam in the context of monopolies as discussed in Chapter 10. The important

More information

Central Historical Question: Why did the U.S. government choose to ban Chinese immigration in 1882?

Central Historical Question: Why did the U.S. government choose to ban Chinese immigration in 1882? Opening Up the Textbook: The Chinese Exclusion Act of 1882 By Dan Burger-Lenehan Central Historical Question: Why did the U.S. government choose to ban Chinese immigration in 1882? Materials: Documents

More information

AMERICANS ON GLOBALIZATION: A Study of US Public Attitudes March 28, 2000

AMERICANS ON GLOBALIZATION: A Study of US Public Attitudes March 28, 2000 AMERICANS ON GLOBALIZATION: A Study of US Public Attitudes March 28, 2000 Appendix E: Questionnaire and Results Please note that the questionnaire is 149 questions long. Questions 174 are displayed here.

More information

Trade. Wise Choices? The Europa Diary The following pages are taken from The Europa Diary 2009/2010.

Trade. Wise Choices? The Europa Diary The following pages are taken from The Europa Diary 2009/2010. Trade Wise Choices? The Europa Diary The following pages are taken from The Europa Diary 2009/2010. Link towards the 2008/2009 pages of The Europa Diary: www.ec.europa.eu/consumers/empowerment/cons_education_en.htm#diary

More information

Practice for the TOEFL & other Reading Tests

Practice for the TOEFL & other Reading Tests Practice for the TOEFL & other Reading Tests Practice for important reading tests by reading this six-paragraph passage on early industry and mechanized agriculture in the U.S. and answering the questions

More information

Trade Basics. January 2019 Why Trade? Globalization and the benefits of trade By Dr. Robert L. Thompson

Trade Basics. January 2019 Why Trade? Globalization and the benefits of trade By Dr. Robert L. Thompson Trade Basics January 2019 Why Trade? Globalization and the benefits of trade By Dr. Robert L. Thompson Since the conclusion of World War II in 1945, international trade has been greatly facilitated by

More information

Globalization: It Doesn t Just Happen

Globalization: It Doesn t Just Happen Conference Presentation November 2007 Globalization: It Doesn t Just Happen BY DEAN BAKER* Progressives will not be able to tackle the problems associated with globalization until they first understand

More information

A Global Caste System and Ethnic Antagonism

A Global Caste System and Ethnic Antagonism A Global Caste System and Ethnic Antagonism By Shawn S. Oakes SOCI 4086 CRGE in the Workplace Research Paper Proposal Shawn S. Oakes Student #: 157406 A Global Caste System and Ethnic Antagonism Written

More information

Chapter 1 Introduction

Chapter 1 Introduction Chapter 1 Introduction Commerce, which ought naturally to be, among nations, as among individuals, a bond of union and friendship, has become the most fertile source of discord and animosity. Adam Smith,

More information

Page 2

Page 2 Julie Su The slave labor case in El Monte, California is probably the most notorious example of sweatshop abuse in modern American history. (Allow us to be the latest in a long line of people to thank

More information

Close, But Not Quite Home

Close, But Not Quite Home Close, But Not Quite Home Rising wages in China and a weak peso again make Mexico an increasingly attractive destination for manufacturing. The Trump Administration s contentious relationship with June

More information

How To Protect Workers in Global Supply Chain?

How To Protect Workers in Global Supply Chain? How To Protect Workers in Global Supply Chain? Garrett Brown, MPH, CIH Maquiladora Health & Safety Support Network UCSF March 2016 Disclosures I have nothing to disclose. 2 1 Presentation Outline The global

More information

It is impossible to eliminate disparities in wealth and development. ~ Discuss.

It is impossible to eliminate disparities in wealth and development. ~ Discuss. KITTY WONG 12.3 It is impossible to eliminate disparities in wealth and development. ~ Discuss. Disparity in Geography can be defined as the difference or inequality between regions measured in terms of

More information

Globalisation & Global Business Dynamics. Summary Pack 2018 & Examples of the possible structure of examinationquestions MNB3701

Globalisation & Global Business Dynamics. Summary Pack 2018 & Examples of the possible structure of examinationquestions MNB3701 Globalisation & Global Business Dynamics Summary Pack 2018 & Examples of the possible structure of examinationquestions MNB3701 ` 2 GLOBALISATION AND GLOBAL BUSINESS DYNAMICS Chapter 1 -Globalisation and

More information

Containing Sino-European protectionism

Containing Sino-European protectionism Containing Sino-European protectionism Published in Journal of Economic Affairs, 2009:1, March 3 By Fredrik Erixon and Patrick Messerlin Abstract The trade politics of EU-China commercial relations have

More information

Cuban Refugees Summary/Outline

Cuban Refugees Summary/Outline Refugee case studies, compare to Russians and Iraqis for example) Spring 2018 page 1 ECON 3248 Summary of Case Study Please summarize your case study to be presented to the class and/or written as essay

More information

TRADE IN THE GLOBAL ECONOMY

TRADE IN THE GLOBAL ECONOMY TRADE IN THE GLOBAL ECONOMY Learning Objectives Understand basic terms and concepts as applied to international trade. Understand basic ideas of why countries trade. Understand basic facts for trade Understand

More information

netw rks Reading Essentials and Study Guide Mass Society and Democracy Lesson 1 The Growth of Industrial Prosperity

netw rks Reading Essentials and Study Guide Mass Society and Democracy Lesson 1 The Growth of Industrial Prosperity and Study Guide Lesson 1 The Growth of Industrial Prosperity ESSENTIAL QUESTION How can industrialization affect a country s economy? How are political and social structures influenced by economic changes?

More information

EURO-LATIN AMERICAN PARLIAMENTARY ASSEMBLY. Committee for Economic, Financial and Commercial Affairs WORKING DOCUMENT

EURO-LATIN AMERICAN PARLIAMENTARY ASSEMBLY. Committee for Economic, Financial and Commercial Affairs WORKING DOCUMENT Euro-Latin American Parliamentary Assembly Assemblée Parlementaire Euro-Latino Américaine Asamblea Parlamentaria Euro-Latinoamericana Assembleia ParlamentarEuro-Latino-Americana EURO-LATIN AMERICAN PARLIAMTARY

More information

OPPORTUNITIES AND CHALLENGES IN THE U.S.-CHINA ECONOMIC RELATIONSHIP TESTIMONY OF DAN DIMICCO CHAIRMAN, PRESIDENT AND CEO NUCOR CORPORATION

OPPORTUNITIES AND CHALLENGES IN THE U.S.-CHINA ECONOMIC RELATIONSHIP TESTIMONY OF DAN DIMICCO CHAIRMAN, PRESIDENT AND CEO NUCOR CORPORATION COMMITTEE ON FINANCE U.S. SENATE OPPORTUNITIES AND CHALLENGES IN THE U.S.-CHINA ECONOMIC RELATIONSHIP TESTIMONY OF DAN DIMICCO CHAIRMAN, PRESIDENT AND CEO NUCOR CORPORATION MARCH 27, 2007 I am Dan DiMicco,

More information

Globalisation: International Trade

Globalisation: International Trade UK Summary Globalisation: International Trade The text defines the key points associated to globalization. It discusses the disparity of progression of trade between countries and highlights the integration

More information

The Role of the Diaspora in Support of Africa s Development

The Role of the Diaspora in Support of Africa s Development The Role of the Diaspora in Support of Africa s Development Keynote Address by Mr. Legwaila Joseph Legwaila Under-Secretary-General, Special Adviser on Africa United Nations The African Diaspora Leadership

More information

6 Question Types for IELTS Writing Task 2

6 Question Types for IELTS Writing Task 2 6 Question Types for IELTS Writing Task 2 1. (To what extent) do you agree or disagree? 2. Discuss both views and give your opinion. 3. Do (you think) the advantages outweigh the disadvantages? 4. Is this

More information

Bringing EU Trade Policy Up to Date 23 June 2015

Bringing EU Trade Policy Up to Date 23 June 2015 European Commission Speech [Check against delivery] Bringing EU Trade Policy Up to Date 23 June 2015 Cecilia Malmström, Commissioner for Trade Brussels, European Trade Policy Day - Keynote Minister, Chairman

More information

The transformation of China s economic and government functions

The transformation of China s economic and government functions Feb. 2010, Volume 9, No.2 (Serial No.80) Chinese Business Review, ISSN 1537-1506, USA The transformation of China s economic and government functions ZHOU Yu-feng 1,2 (1. Department of Management, Chongqing

More information

Chapter 2: Economic Systems Section 3

Chapter 2: Economic Systems Section 3 Chapter 2: Economic Systems Section 3 Objectives 1. Describe how a centrally planned economy is organized. 2. Distinguish between socialism and communism. 3. Analyze the use of central planning in the

More information

MADE IN THE U.S.A. The U.S. Manufacturing Sector is Poised for Growth

MADE IN THE U.S.A. The U.S. Manufacturing Sector is Poised for Growth MADE IN THE U.S.A. The U.S. Manufacturing Sector is Poised for Growth For at least the last century, manufacturing has been one of the most important sectors of the U.S. economy. Even as we move increasingly

More information

China: The Dragon's Effect on Southeast Asia

China: The Dragon's Effect on Southeast Asia Research Brief China: The Dragon's Effect on Southeast Asia Abstract: The rise of China as a manufacturing giant is claiming some victims, particularly among Southeast Asian markets, which are scrambling

More information

China Intellectual Properly News

China Intellectual Properly News LEGAL LANGUAGE SERVICES A n affiliateofalsinternationalt e l e p h o n e (212)766-4111 18 John Street T o l l Free (800) 788-0450 Suite 300 T e l e f a x (212) 349-0964 New York, NY 10038 w v, r w l e

More information

Electoral Reform Questionnaire Field Dates: October 12-18, 2016

Electoral Reform Questionnaire Field Dates: October 12-18, 2016 1 Electoral Reform Questionnaire Field Dates: October 12-18, 2016 Note: The questions below were part of a more extensive survey. 1. A [ALTERNATE WITH B HALF-SAMPLE EACH] All things considered, would you

More information

Prof. Bryan Caplan Econ 321

Prof. Bryan Caplan   Econ 321 Prof. Bryan Caplan bcaplan@gmu.edu http://www.bcaplan.com Econ 321 Weeks 5: Immigration and Immigration Restrictions I. Immigration and the Labor Market A. What happens to the Aggregate Labor Market when

More information

VUS. 8.c&d: Immigration, Discrimination, and The Progressive Era

VUS. 8.c&d: Immigration, Discrimination, and The Progressive Era Name: Date: Period: VUS 8c&d: Immigration, Discrimination, and The Progressive Era Notes VUS8c&d: Immigration, Discrimination, and the Progressive Era 1 Objectives about Title VUS8 The student will demonstrate

More information

VUS. 8.c&d: Immigration, Discrimination, and The Progressive Era

VUS. 8.c&d: Immigration, Discrimination, and The Progressive Era Name: Date: Period: VUS 8c&d: Immigration, Discrimination, and The Progressive Era Notes VUS8c&d: Immigration, Discrimination, and the Progressive Era 1 Objectives about Title VUS8 The student will demonstrate

More information

"WTO DOHA ROUND: A CONTRIBUTION TO A FREER, FAIRER AND

WTO DOHA ROUND: A CONTRIBUTION TO A FREER, FAIRER AND "WTO DOHA ROUND: A CONTRIBUTION TO A FREER, FAIRER AND MORE SECURE TRADING SYSTEM" UNITED NATIONS ECOSOC PANEL ON WTO NEGOTIATIONS AND GLOBALIZATION NEW YORK 30 OCTOBER 2006 PASCAL LAMY DIRECTOR GENERAL

More information

FH Aachen University of applied sciences. Module: International Business Management Professor Dr. Ulrich Daldrup

FH Aachen University of applied sciences. Module: International Business Management Professor Dr. Ulrich Daldrup FH Aachen University of applied sciences Module: International Business Management Professor Dr. Ulrich Daldrup A critical review of free trade agreements and protectionism Ashrith Arun Matriculation number:

More information

Free Trade and Sweatshops

Free Trade and Sweatshops Free Trade and Sweatshops Is Global Trade Doing More Harm Than Good? San Francisco Chronicle, June 2001 Perhaps the fundamental question about globalization is whether it helps or hurts workers, particularly

More information

Policy Reponses to Outsourcing: First, Some Facts on Its Impacts

Policy Reponses to Outsourcing: First, Some Facts on Its Impacts Policy Reponses to Outsourcing: First, Some Facts on Its Impacts Matthew J. Slaughter Tuck School of Business at Dartmouth and NBER Council on Foreign Relations Panel New York, New York May, 2004 Introduction

More information

Module 5 Review Guide

Module 5 Review Guide Module 5 1 of 5 Module 5 Review Guide Economist Adam Smith Karl Marx John Maynard Keynes Beliefs/Ideologies... o Laissez-faire No government intervention. o Let the market work on its own. o Individuals

More information

The 18th Asia-Europe Think Tank Dialogue THE AGE OF CONNECTIVITY: ASEM AND BEYOND

The 18th Asia-Europe Think Tank Dialogue THE AGE OF CONNECTIVITY: ASEM AND BEYOND The 18th Asia-Europe Think Tank Dialogue THE AGE OF CONNECTIVITY: ASEM AND BEYOND ULAANBAATAR, MONGOLIA, 11-12 MAY 2016 Event Report by Dr Yeo Lay Hwee Director, EU Centre in Singapore The 18th Asia-Europe

More information

ORIGINS AND EXPERIENCES A GROWING GENERATION OF YOUNG IMMIGRANTS MICHIGAN IMMIGRANTS HAVE VARIED

ORIGINS AND EXPERIENCES A GROWING GENERATION OF YOUNG IMMIGRANTS MICHIGAN IMMIGRANTS HAVE VARIED October 2017 Victoria Crouse, State Policy Fellow M ichigan has long been home to thousands of immigrants from all over the world. Immigrants in Michigan are neighbors, students, workers and Main Street

More information

PREPARED REMARKS FOR COMMERCE SECRETARY GARY LOCKE Asia Society and Woodrow Wilson Center event on Chinese FDI Washington, DC Wednesday, May 4, 2011

PREPARED REMARKS FOR COMMERCE SECRETARY GARY LOCKE Asia Society and Woodrow Wilson Center event on Chinese FDI Washington, DC Wednesday, May 4, 2011 PREPARED REMARKS FOR COMMERCE SECRETARY GARY LOCKE Asia Society and Woodrow Wilson Center event on Chinese FDI Washington, DC Wednesday, May 4, 2011 I really appreciate the warm welcome from Ambassador

More information

Combatting the two-speed economy 17 IDEAS FOR LABOR TO FIGHT INEQUALITY IN NSW

Combatting the two-speed economy 17 IDEAS FOR LABOR TO FIGHT INEQUALITY IN NSW Combatting the two-speed economy 17 IDEAS FOR LABOR TO FIGHT INEQUALITY IN NSW Promoting shared prosperity means that we will work to increase the incomes and welfare of the poorer segments of society

More information

Exploring Strategic Leadership of the ROK-U.S. Alliance in a Challenging Environment

Exploring Strategic Leadership of the ROK-U.S. Alliance in a Challenging Environment Exploring Strategic Leadership of the ROK-U.S. Alliance in a Challenging Environment Luncheon Keynote Address by The Honorable Hwang Jin Ha Member, National Assembly of the Republic of Korea The The Brookings

More information

International Business 9e

International Business 9e International Business 9e By Charles W.L. Hill McGraw Hill/Irwin Copyright 2013 by The McGraw Hill Companies, Inc. All rights reserved. Chapter 3 Political Economy and Economic Development What Determines

More information

CHAPTER 12: The Problem of Global Inequality

CHAPTER 12: The Problem of Global Inequality 1. Self-interest is an important motive for countries who express concern that poverty may be linked to a rise in a. religious activity. b. environmental deterioration. c. terrorist events. d. capitalist

More information

Emily Kurburski Petoskey High School Petoskey, Michigan Venezuela, Factor 13: Demographics. Venezuela: The Struggles of Urbanization

Emily Kurburski Petoskey High School Petoskey, Michigan Venezuela, Factor 13: Demographics. Venezuela: The Struggles of Urbanization Emily Kurburski Petoskey High School Petoskey, Michigan Venezuela, Factor 13: Demographics Venezuela: The Struggles of Urbanization You don t often think about how someone half way across the country lives

More information

Making globalisation work for all Ministry of Foreign Affairs of Denmark Unit for Analytics and International Economics April 2017

Making globalisation work for all Ministry of Foreign Affairs of Denmark Unit for Analytics and International Economics April 2017 Making globalisation work for all Ministry of Foreign Affairs of Denmark Unit for Analytics and International Economics April 2017 Abstract This paper tracks the development of globalisation from 1820

More information

2.1 SOCIETAL ISSUES & IMMIGRATION UNIT 2 PROGRESSIVE MOVEMENT SECTION 1 - INTRODUCTION. 1890s 1920s

2.1 SOCIETAL ISSUES & IMMIGRATION UNIT 2 PROGRESSIVE MOVEMENT SECTION 1 - INTRODUCTION. 1890s 1920s 2.1 SOCIETAL ISSUES & IMMIGRATION UNIT 2 PROGRESSIVE MOVEMENT SECTION 1 - INTRODUCTION 1890s 1920s Learning Targets & Key Words The Students Will Be Able To (TSWBAT): Analyze the major problems from the

More information

MPUP 5301: Globalization, Social Problem and Policy. Lecture 1: History and Trend of Globalization. Prof. Wong Hung

MPUP 5301: Globalization, Social Problem and Policy. Lecture 1: History and Trend of Globalization. Prof. Wong Hung MPUP 5301: Globalization, Social Problem and Policy Lecture 1: History and Trend of Globalization Prof. Wong Hung Globalization and its impacts The 20th Century witnessed the fastest rate of globalisation

More information

Chinese Economic Reform from an International Perspective

Chinese Economic Reform from an International Perspective Chinese Economic Reform from an International Perspective Lawrence J. Lau, Ph. D., D. Soc. Sc. (hon.) Kwoh-Ting Li Professor of Economic Development Department of Economics Stanford University Stanford,

More information

International trade has long been a divisive

International trade has long been a divisive European Economics and Financial Centre (EEFC) Conference London, England September 6, 2007 International trade has long been a divisive issue, both in the United States and in other countries around the

More information

Jens Thomsen: The global economy in the years ahead

Jens Thomsen: The global economy in the years ahead Jens Thomsen: The global economy in the years ahead Statement by Mr Jens Thomsen, Governor of the National Bank of Denmark, at the Indo- Danish Business Association, Delhi, 9 October 2007. Introduction

More information

Promotion of Management Science. for Chinese Economic and Social Development

Promotion of Management Science. for Chinese Economic and Social Development Sun Qianzhang Professor, Executive Vice President, China Academy of Management Science Promotion of Management Science for Chinese Economic and Social Development Dear friends: Greetings! I am very glad

More information

In Chinese Factories, Lost Fingers and Low Pay

In Chinese Factories, Lost Fingers and Low Pay In Chinese Factories, Lost Fingers and Low Pay January 5, 2008 By DAVID BARBOZA Oded Balilty/Associated Press Chinese workers can face serious work hazards and abuse. In Hebei Province in northern China,

More information

Reaganomics. Jessica Brown December 6, 2012 Cassandra L. Clark - American Civilization

Reaganomics. Jessica Brown December 6, 2012 Cassandra L. Clark - American Civilization Reaganomics Jessica Brown December 6, 2012 Cassandra L. Clark - American Civilization The era of Reagan is one that is marked by many different events and ideas. Most often discussed, even to this day,

More information

Lesson 10 What Is Economic Justice?

Lesson 10 What Is Economic Justice? Lesson 10 What Is Economic Justice? The students play the Veil of Ignorance game to reveal how altering people s selfinterest transforms their vision of economic justice. OVERVIEW Economics Economics has

More information