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ali_globalization_essay_1.doc

alsahaf 1

Ali Alsahaf

Ashley Velazquez

ENG 1030

April 03, 2014

Advantages of Globalization

Globalization is the complex process of international interconnectedness arising from the way countries exchange their views, ideas, products, and aspects of culture. It’s the advances in infrastructure such as, telecommunication and transportation. The rise of the Internet and telegraph , are some of the major factors in globalization, they have generated interdependence of economic as well as cultural activities. Though some scholars trace origins of globalization in present times, others go deep into its history before the European age of discovery as well as voyages to the modern World. Some scholars go ahead to trace its origins to the third millennium. In recent years, the inter-connectedness of the world's economies as well as their cultures has grown very quickly. Since the mid-1980s, the term globalization has had many uses, especially in the mid-1990s. In the new millennium, the International Monetary Fund come up with four basic aspects of globalization namely, trade and transactions, migration and movement of people from one place to place, capital and investments, movements and the dissemination of world knowledge. Globalization has some advantages connected with it.

Comparative advantages, this is not the absolute differences in the different countries but the relative difference. Globalization has led to production of quality products, it true that a country that produces a product more efficiently than any another other country has absolute advantage in this product, it may also decide to find more profit by exporting the product hence it has comparative advantage. Comparative theory states that countries can improve their individual as well as joint welfare by use of a more efficient resources as well as throughout the world. The comparative advantage lead to a gain in trade, it emphasizes on the relative product between different countries is the main reason for international trade. Comparative advantage of globalization has led to higher income of economy of open economy countries. This led to tradeliberalization initiatives such as removal of trade barriers and promotion of trade related factors. The concept has also inspired the policies such as import substations.

Economic Globalization Indicators , there has been division among scholars over how, as well as if, globalization influences welfare states. The positive effects of globalization may be causing expansion, the negative indicators is triggering crisis and reduction. Globalization, when analyzed, has several welfare state measures. To begging with is the, state-of-the-art welfare states model revised in the globalization era. Secondly is that, most indicators of the economic globalization has minimal effects, but a few them have affect the welfare state as well as improving models of countries welfare state variations. Next, the effects of globalization are far smaller than the general effects of domestic economic and political factors. Forth, the effects of globalization are not orderly different between European and non-European nations, or what is known as liberal and non-liberal welfare regimes” (OECD Publishing, 2005, p. 98) how much of this paragraph is based on your thoughts and how much is based on OECD? It seems you have copied a bit here.

In the past twenty years, globalization has led to a change of economic as well as social urban functions and life. Large cities in the world face an implosion of old functions. This cities has a mandate and a need to replace the old functions with new ones, this especially affect complex urban areas that has a high concentration of both public as well as private assets. Therefore, there is need to consider, various participation models, exclusion, new forms of policies, as well as the bringing together of public and private property. Hence, the creation values depends on how this new functions are to replace old ones.

Globalization and what? it help balance firm as well as network-based resources for an economic competitive analysis. A competitive advantage economy can only be attained if the current strategy creates value, and is not being implemented currently by present or any potential future competitors. Although it’s possible to sustain a competitive economy, this is not necessarily simple. A competing firm can come to the market with a resource that is able to invalidate the existing firm's competitive advantage, this may results in reduced rents. Therefore, a competitive advantage is easily sustainable when the competitor’s efforts to render the competitive advantage ineffective have stopped. “In a case where the imitative actions of a firm have ended without altering the firm’s competitive advantage, this firm’s strategy can be said to be sustainable” (Dalla Longa, R. 2009). You have to explain your quote after you use it.

Creating competitive poles for globalization, globalization has led to creation of a market dynamic that leads to new competition, that demands for higher levels of competence and that requires true expertise in optimizationsupply chains. “Research has shown that, new competitors from all regions around the world that has flexible supply chains are competing well against the established market leaders who have formidable products, deep resources and customer loyalty. As global economyequalizes the business field, speed has become more critical and supply chains have become new competitive weapon” (Peteraf and Barney, 2003, p.314) you’re not explain the purpose of these quotes for your argument.

Scholars and experts say that the world needs a different kind of globalization. There is need to develop ways to ensure that all countries gain profit from the goods of globalization. Therefore there is need to help poorer countries by helping them promote their education systems as well as showing them how new the technology works and the need to embrace it. Nearlyevery year, world’s biggest industrial countries leaders come together to discuss economic problems and how to solve them. This meeting is popularly known as the G8 summit. However, in the last few years globalization has been opposed by groups against it, they have organized marches and demonstrations to bring forth that not everybody is happy with how the world’s economy is growing.

Note:

Make sure your conclusion ties up all of your thoughts and reiterates your thesis statement, effectively leaving the reader with a final thought to consider.

Your transitions are a bit awkward, and I have a hard understanding what you mean in many places. Additionally, you have many grammatical errors that are contributing to the lack of clarity in your paper. The content seems good, but there are places that I’m not sure where the separation between your thoughts and your sources’ thoughts are. Be sure your not copying/paraphrasing without using proper citations. You also need to make sure you’re following the guidelines and showing the importance of the quotes you’ve selected to your argument.

Your final paper is due Thursday, April 17.

Work cited

Dalla Longa, R. (2009). Globalization and urban implosion [electronic resource] : creating

new competitive advantage / Remo Dalla Longa. Berlin ; London : Springer, 2009.

Globalisation, Comparative Advantage and the Changing Dynamics of Trade [electronic

resource] Organisation for Economic Co-operation and Development. (2011).

Paris : OECD Publishing,

Leick, B. (2013). Balancing Firm and Network-based Resources to Gain Competitive

Advantage: A Case Study of an Artisanal Musical Instruments Cluster in Germany.

Management Revue, 24(2), 77-

MATEI, R. (2013). Creating competitive poles - the sustainable model for obtaining the

competitive advantage. Theoretical & Applied Economics, 20(8), 47-58.

OECD Publishing, 2005. Organisation for Economic Co-operation and Development, paris

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