Back to School Offer

Get 20% of Your First Order amount back in Reward Credits!

Get 20% of Your First Orderback in Rewards

All papers examples
Get a Free E-Book! ($50 Value)
HIRE A WRITER!
Paper Types
Disciplines
Get a Free E-Book! ($50 Value)

What Is Globalization? Research Paper Example

Pages: 1

Words: 323

Research Paper

By globalization economists usually mean the “historical process of increasing international economic integration via reductions in the barriers to trade, capital flows, foreign direct investment, technology transfer and migration” (Snowdon 12).

From an economic perspective, as early as 4,000 years ago, there was an evolution of corporate structures in and around ancient Assyria, which nowadays may be termed ‘multinational’ (Borghoff 30). Early Mesopotamia, in the third millennium BC, was importing raw materials; Babylonian and Indian societies were engaging in trade as far back as 800 B.C. (Borghoff 30).Scholte (62) termed the first emergence of global imagination, in which a “global consciousness began to tease the secular imagination half a millennium ago” and was reflected, for example, in the literature of Shakespeare. Ideas of “globalization” also inspired several voyagers of the fifteenth and sixteenth centuries to attempt a circumnavigation of the earth, a feat first accomplished in 1522(see Watlington77).

The development of global markets was constitutive for economic internationalization. A global market for copper consolidated from the 1850s onwards, interlinking shipments from Australia, Chile, Cuba, England and the USA (Scholte 66). Global pricing dynamics developed in1876 in respect of cotton, wheat, and other cereals, especially between the commodities exchanges at Buenos Aires, Cairo, Calcutta, Chicago, Liverpool, New York, Rio de Janeiro, and Winnipeg (Scholte 67).

Globalization matters due to several reasons. First, multinational enterprises (MNEs) compete in much more complicated competitive environments than do domestic firms (Borghoff 42). Second, globalization involves the integration of corporate activities across borders (Scholte 131). Third, globalization of an industry can be said to be increasing when transactions between buyers and sellers become progressively less dependent on geographic distance (132).

Bibliography

Borghoff, Thomas. Evolutionary Theory of the Globalization of Firms. Gabler Verlag, 2005. Print.

Scholte, Jan Aart. Globalization: A critical introduction. Palgrave Macmillan, 2000. Print.

Snowdon, Brian. Globalization, Development and Transition: Conversation With Eminent Economists. Edward Elgar Publishing, 2007. Print.

Watlington, Phil. The World is at Your Door. Buy Books on the Web, 2006. Print. ISBN: 0741434083

Time is precious

Time is precious

don’t waste it!

Get instant essay
writing help!
Get instant essay writing help!
Plagiarism-free guarantee

Plagiarism-free
guarantee

Privacy guarantee

Privacy
guarantee

Secure checkout

Secure
checkout

Money back guarantee

Money back
guarantee

Related Research Paper Samples & Examples

The Effects of Spirituality and Grit Among Adults Aged 30 and Above

Abstract Spirituality and grit are two essential concepts in human life. A person’s religious or spiritual beliefs come from their components of culture, attitudes, and [...]

Pages: 9

Words: 2547

Research Paper

Media Account Analysis: National Geographic, Research Paper Example

National Geographic is an established Instagram account with over 241 million followers. In all its posts, National Geographic focuses on oceans, land, wildlife, human ingenuity, [...]

Pages: 2

Words: 567

Research Paper

Health Reasons for Abortion, Research Paper Example

Abortion remains one of the most controversial subjects in the world, as some people support that it should be freedom while others believe it is [...]

Pages: 3

Words: 720

Research Paper

Indigenous Caribbean Art, Research Paper Example

Introduction The portrayal of cultural characteristics that are important to the populations that are native to that location is a common feature of the indigenous [...]

Pages: 9

Words: 2341

Research Paper

Jean Lamarr, Research Paper Example

Introduction Different cultures have different ways of fostering creativity and imagination. However, since people might be impacted by values and norms from different cultures, artists [...]

Pages: 5

Words: 1511

Research Paper

The Oppression of Indigenous People in Layli Long Soldier’s Whereas, Research Paper Example

Introduction Colonization perpetrated the oppression of indigenous communities. Also, the struggle against cultural imperialism lay at the heart of oppression as the culture of native [...]

Pages: 7

Words: 2029

Research Paper

The Effects of Spirituality and Grit Among Adults Aged 30 and Above

Abstract Spirituality and grit are two essential concepts in human life. A person’s religious or spiritual beliefs come from their components of culture, attitudes, and [...]

Pages: 9

Words: 2547

Research Paper

Media Account Analysis: National Geographic, Research Paper Example

National Geographic is an established Instagram account with over 241 million followers. In all its posts, National Geographic focuses on oceans, land, wildlife, human ingenuity, [...]

Pages: 2

Words: 567

Research Paper

Health Reasons for Abortion, Research Paper Example

Abortion remains one of the most controversial subjects in the world, as some people support that it should be freedom while others believe it is [...]

Pages: 3

Words: 720

Research Paper

Indigenous Caribbean Art, Research Paper Example

Introduction The portrayal of cultural characteristics that are important to the populations that are native to that location is a common feature of the indigenous [...]

Pages: 9

Words: 2341

Research Paper

Jean Lamarr, Research Paper Example

Introduction Different cultures have different ways of fostering creativity and imagination. However, since people might be impacted by values and norms from different cultures, artists [...]

Pages: 5

Words: 1511

Research Paper

The Oppression of Indigenous People in Layli Long Soldier’s Whereas, Research Paper Example

Introduction Colonization perpetrated the oppression of indigenous communities. Also, the struggle against cultural imperialism lay at the heart of oppression as the culture of native [...]

Pages: 7

Words: 2029

Research Paper

Get a Free E-Book ($50 in value)

Get a Free E-Book

How To Write The Best Essay Ever!

How To Write The Best Essay Ever!