The world is getting smaller. It is a phrase that everyone uses and hears frequently nowadays. There is some truth to it. Even though the world is not physically getting smaller, the way we do business and the influences on each countries' cultures, are getting more and more significant daily. Countries are developing trade and financial alliances. For example, Europe has the European Union, which has a tremendous impact on the trade within the European countries. United States has NAFTA (North American Free Trade Association). This includes, United States, Canada and Mexico. However, Australia geographically is so far from any other continents, is it able to benefit from the globalization that other countries enjoy? It is easy to forget Australia is close to Asia, and at this point Australia has free trade agreement with Singapore, Malaysia, Thailand and several other countries.
The world "Globalization" is relatively new in the collective vocabulary. This expression appeared at the turn of Sixties and Seventies. The key feature of this process is the interconnectedness of the world. Today, trade, financial activity, cultural effect extends to the entire planet. The geographical location, definitely, puts a significant influence on strengthening relationships between countries, and developing interdependence relationships between participants.
Of course, when we talk about globalization, we do not mean the effect American movies, music, which significantly altered the culture everywhere in the world. Globalization includes the corporations from around the world investing, opening up businesses, expanding into new markets. Certain corporations are everywhere, for example Coca-Cola, Starbucks, McDonald's. Probably, there is...
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Globalization, a contested concept among leading theorists in its definition, chronology, and measurement of effects, is almost certainly of a multidimensional nature if such theorists’ perspectives are all taken equally into consideration. The broad phenomenon of globalization can therefore be scrutinised more closely by separation and analysis of individual dimensions, such as its political, economic, cultural and ecological dimensions. This approach, while allowing for a more focused examination of the causes and effects of globalization within a single dimension, serves to highlight the interconnectedness of each dimension. The following essay will expose the complex interconnection between the political, economic and cultural dimensions of globalization through the analysis of a contemporary issue, the Northern Territory National Emergency Response (commonly known, and hereafter referred to, as the Northern Territory Intervention, which encompasses both the NTNER bill and subsequent legislation). An argument will be made that proponents of neoliberalism need to be held accountable to the inevitable effects of imposing policy, through political globalization, on the culture of Indigenous Australians, while paving the way for economic globalization, given the interconnectedness of the dimensions of globalization, and the virtually inseparable nature of its effects.
Struggles by Aboriginal and Torres Strait islander people for recognition of their rights and interests have been long and arduous (Choo & Hollobach 2003:5). The ‘watershed’ decision made by the High Court of Australia in 1992 (Mabo v Queensland) paved the way for Indigenous Australians to obtain what was ‘stolen’ from them in 1788 when the British ‘invaded’ (ATSIC:1988). The focus of legislation in the past w...
Longstaff, Simon. "Australian Identity." Ethics.org.au. St. James Ethics Centre, Dec. 1995. Web. 16 Aug. 2011. .
The idea of the globalisation of Australian businesses, the process where businesses develop themselves internationally is one of the main issues in our current society. The concept of globalisation has occurred due to many factors, such as reduced trade barriers, a reduction in tariffs and quotas, new developments in technology and also new innovations in transportation technology. These factors that have caused globalisation can result in many consequences, both positive and negative. These consequences are free trade caused by a reduction in tariffs and environmental costs such as pollution caused by factories and greenhouse gasses causing global warming.
Australia has had one of the most outstanding economies of the world in recent years - competitive, open and vibrant. The nation’s high economic performance stems from effective economic management and ongoing structural reform. Australia has a competitive and dynamic private sector and a skilled, flexible workforce. It also has a comprehensive economic policy framework in place. The economy is globally competitive and remains an attractive destination for investment. Australia has a sound, stable and modern institutional structure that provides certainty to businesses. For long time, Australia is a stable democratic country with strong growth, low inflation and low interest rate.(Ning)
The globalisation of Australian business has significantly advanced through recent years as the global economy has progressed. Some of the most prominent driving factors of globalisation include the technological advancements that have allowed for the expansion of the Australian market along with the establishment of free trade agreements with different nations. Benefits of Free Trade Agreements within the Australian Economy include higher quality products for Australian consumers and the low cost of exports for areas of Australian business. However, the changes to Australian businesses have also created severe consequences, such as a rise in the Australian unemployment rate. The different factors and consequences associated with the globalisation of Australian business have continued to allow it to progress and advance with the modern economy.
Written on 21/07/05 John Masanauskas wrote an article further drawing attention to Australia's immigration effects.
Australia is one of the world's developed countries. It has busy cities, modern factories, and highly productive farms and mines. Australia is the world's leading producer and exporter of wool and bauxite. It also produces and exports large amounts of other minerals and farm goods. The income from these exports has made it possible for most of the people of Australia to have a high standard of living. In the past, Britain was Australia's most important trading partner.
The perspective here is wide, but let’s focus on resources. Indeed, globalization uses up finite resources more quickly. For instance china’s use of coal has risen rapidly, since joining the world trade organization. This is the same for developing nations. Most developing nations, characteristically, over dependent on natural resources, which are usually poorly exploited. Globalization can accelerate the usage of such a resource, especially, if a developed country is, involved. Developed countries have experts who could easily step in and overexploit unexploited resources. This has detrimental effects on the economy of the victim country in the long run. A valuable resource that could have sustained the country for years to come could easily be consumed by the expanded market and demand for it. For instance, the ever growing relationship between Asian countries like china and japan and Kenya has resulted in increased demand for wild animal products especially elephant husks and rhino horns. This has led to increased poaching as a result. This obviously affects the Kenyan economy, in terms of tourism. In addition, the formation of East Africa community that has resulted in open trade has led to overexploitation of the Lake Victoria fishing by Kenyan
Globalization plays a massive part in my life as it does in everyone’s lives. Every day the world is getting smaller, between technological improvements and peoples interest in these technologies it is easy to see why this is happening. In this essay I have only shortly touch upon some of the places where globalization has affected my everyday life. From shopping as Asda to meeting people on the other side of the world to discuss my dissertation ideas globalization has had a positive affect on my life. The fact that I can walk down a street in Coleraine or Sydney and see similar shops and food outlets is a positive thing in how our lives are intertwined through out the world.
Globalization’s history is extremely diversified and began during the beginning of civilization. Now we live in a world that is constantly evolving, demanding people to use resources in locations that are very difficult to obtain certain resources. This could make it completely impossible to operate in these specific parts of the world. However, globalization allows people across the world to acquire much needed resources. Globalization creates the opportunity for businesses to take advantage and exploit the ability to take part of their business to a different country. Nevertheless, globalization is part of today’s society and will be involved in virtually all situations.
The interrelation and the integration of people, companies, governments and nations can be described as globalization. Globalization was produced due to international trade and investments with the help of technology. In today’s world, globalization is very essential. The advancements and technology help the process needed it for globalization. Many countries and organizations similarly are affected by this phenomenon, on the other hand, smaller countries have benefit from larger contributors in the world’s market.
Globalization is the connection of different parts of the world. Globalization results in the expansion of international, cultural, economic, and political activities. As people, ideas, knowledge, and goods move easily around the globe, the experiences of people around the world become more similar. (“Definition of Globalization“, n.d., ¶ 1)
Globalization is a very complex phenomenon, basically it means the relationship and connection between countries are getting closer, and they have more contact, politically and economically. Globalization has influenced the world in many different ways, like culture, economy and politics.