Globalization has affected social, economic, technological, and political factors immensely, leading to a proliferation in non-state actors. Essentially, non-state actors have the power to challenge international political systems, in terms of the use of force sovereign states use. Violent non-state actors can lead to the weakening of states, resulting in fragile states that are impotent to maintain loyalty and needs of its population. This results in the population reverting to other states, which leads to international conflict. Due to the political and legal systems being incapable of
Advocates of this camp would probably concede that globalization is exacerbating ethnic conflicts. Politically-speaking, Khor maintains that globalization is what, Third World referred to for many centuries as colonization (Alison 2012). Financially speaking, Gill condemns globalization for “Intensification of alienation, exploitation along with commodification of individual life and nature” (Alison 2012). Both Khor and Gill point out that globalization is an instrument steered by the Western hegemons to spread capitalistic and democratic
1, Market failure is a condition in which a market does not efficiently allocate resources to achieve the greatest possible consumer satisfaction. It means the market can’t allocate goods and labor services effectively, and that can influence achieve consumer satisfaction. For example, the income and wealth allocate unfair, and the problem of unemployment. The government enhances growth and stability of the economy. It provides the infrastructure and systems that facilitate economic activity while formulating regulations and controls to ensure order and fairness in businesses operations.
1.Introduction Corporate social responsibility (CSR) is focus of the current business world, consumers pay more attention to the return of the company rather than the quality and price of the product. Recently, the increasingly international corporate scandals have exposed some serious issues on the roles and responsibilities of companies (Brammer, Williams and Zinkin, 2004). According to a report from PricewaterhouseCoopers (Cheney, 2004), companies that ignore environmental problem and social responsibility are all suffer disaster. In order for companies to be competitive in the variable business environment, they must making profits while making the world a better place. Therefore, the performance of companies should not only measured by
Globalisation as a concept is beneficial to countries, however, the present form of capitalist globalisation has adversely affected the developing countries and is detrimental to the interests of the poor nations. The reduced costs of transportation and communication, revolution in technology and growth of multinational corporations have played an enormous role in globalising the world. The present form of globalisation today is driven by neoliberalism policies. Neoliberalism is a body of economic theory and a policy stance. Neoliberalism is based on the premise that government cannot create economic growth or provide social welfare; instead, it is
In addition, advancement of technology, growth in economy, higher living standards likely widen the gap between the rich and the poor and lose the balance in society. Nevertheless, these disadvantages do not outweigh the achievements human obtain through economic globalization. It is well-demonstrated that any nation which does not follow the nature of this process will confront with a lot of political issues, particularly North Korea and Iraq. Due to resistance to foreign influences, two countries have to unilaterally fight with the inner chaos, and watch carefully outer
Debates about business ethics are all too often a demoralising discussion of the indifferent. On one side are those who argue that anything which interferes with organization 's work of profit-seeking will decrease overall prosperity by raising costs and expenses and therefore by description is wrong. Rubbish, response activists on the other side, who affirm that emitters and others that express their costs on to humanity ought not to be permitted to get away with it: make them reimburse. The satire here is that both extravagances share the same hypothesis: namely, that 'ethics ' and 'welfare ' are reverses. So it 's war, or at least an adjustment in which you can only have extra of one at the outflow of the other.
And does it really cause a deathblow to local cultures? Two scholars challenge this perspective, claiming that those criticisms are unacceptable as it involves confusion between two separate trends, globalization and westernization. The
Unstable exchange and interest rates 6. Low productivity and 7. Endemic corruption, greed. Given the Nigeria’s socio economic and political disposition Globalization presented more challenges for the country for it lacks what is needed to be relevant and deal with it untill the nation can achieve a certain measure of good governance, modest economic
Unless governments make a move will further exacerbate the biological system look. It will begin to biodegrade and it inevitably beyond words they don't make a move. The high gathering of people in shoreline ranges has made various cash points of interest, including transportation joins, mechanical and urban headway, and wage from tourism. Be that as it may, the huge effects of populace development monetary and mechanical are undermining biological communities that live in the territory. Unless governments make a move will further exacerbate the biological community look.