Globalization is a multi-disciplinary, systematic process of cooperation and competition. It is an important concept for leaders to consider how their actions can unintentionally affect others in the system. A discussion of migrants & refugees and sovereign debt & default will follow with an explanation as to why the first issue poses the greater challenge to US interests as stated in the NSS 2015.
In a globalized context, the issues of migrants & refugees and sovereign debt & default can have various impacts. Migrations may be attributable to climate change, droughts, floods, persecution, or a desire to find better opportunities. Maryann Cusimano Love offers a differentiation between migrants and refugees. Migrants cross borders to find
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Aging societies are a challenge to international stability because of their unique and virtually worldwide challenges. The two most significant economic implications of aging societies for US national security are the care of the aging and the government pension systems based on future tax receipts.
Aging societies are created when decreased mortality is followed by a decrease in fertility. Cultural conditions associated with the 1940 through 1960 “Baby-Boomers” as well as medical advancements contributed to living longer while fertility decreased due to more effective and readily available birth control. Before the issues with aging were prevalent, the increase to the average life span was thought to be one of the most supreme accomplishments of medical science. While the foundation that created the conditions for aging societies in the certain developed regions started many years ago, it has not been as significant for lesser developed regions yet. Over the next couple of decades, the aging societies are going to surge at an increased rate, making the issues more
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As the population ages, the number of willing, able and available workers decreases. As the percentage of older individuals increase and the labor force decreases, national economic growth may be negatively affected. Moreover, there may be an additional strain on employer and government provided healthcare systems and Social Security. The burden of paying for these programs will be disproportionally pushed down on the younger workers. The linchpin of the healthcare economic issue is the fact that many government pension systems are projected on future tax receipts. As the labor force decreases, the government programs can no longer be financed through savings and the costs are again pushed down to the younger workforce. Finally, as the population ages, the economic growth will be negatively affected by the lower savings rate. As the population ages, workers will earn less money and they will be forced to save less money. As a result, the drain on the economy may actually reverse the devices of economic