The Globalization in the World

Globalization is a process in which economic, cultural, and military concepts are spread either by use of force or adoption. In the globalization of the twenty-first century, this is the spread of the western culture’s technology, knowledge, and equal rights. This globalization trend is good not only for developed nations but also for nations in development. The twenty-first century globalization has had a positive impact in several nations around the world from the western countries to the emerging markets and has had tremendous positive impact in the world. Through technology advancement, th ...

World of Business

In my life the world of business more so in risk management has always appealed to me. I chose a career in business based on the influence from my parents who are successful business people. I evaluated the success of my parent’s business life and this assisted me to have an understanding of what I wanted in life. I decided to pursue a career in business more so in risk management. After securing a job at the Hong Kong Shanghai Banking Corporation Ltd (HSBC), I have been working in the risk department for over 5 years in different countries across Asia. I have risen from the position of Risk I ...

World Trade Organization

The World Trade Organization (WTO) is an international organization created for the purpose of the liberalization of the international trade and the regulation of trading and political relations of the member states. The WTO is the successor of the General Agreement under Tariffs and Trade (GAUTT), having been operated since 1947. The WTO was founded on January 1st, 1995, based on the system of mutual arrangements (that is the Uruguayan round) between the member countries of the GAUTT. It completely replaced the GAUATT after an annual period, on January 1st, 1996. The WTO purposes are liberali ...

World’s Poorest Countries

The study will be conducted from most of the world’s poorest countries which will mostly include Africa, Asia and Latin America. Most of the worlds most affected regions come from sub-Saharan Africa and most of the research will be centred on these regions. Major studies have been conducted on finding out various mechanisms that can be used to eradicate poverty in Africa and they will be used as case studies for comparison purposes. The most common studies are in health care and this can not be isolated as a case study since lack of proper health facilities is attributed to poverty and this pr ...

World Economy Should Be more Globalized

The global economy has been unequal for almost the past two centuries. The inequality has consequently led to the evident enlarging economic gaps between nations, though not particularly within nations (Tobin, 1998). Ridiculously, it is in this same period that some leading economists have been claiming that the world economy has been more integrated globally. This has made some economists develop the feeling that there is a relationship between economic inequality and global economic integration. Heightened globalization mitigates the effects of unequal treatment between nations particularly ...

The Modern World

The dynamic of the modern world pushes business toward the new horizons in development. The key skills mainly are concentrated around the ability to take leading positions and find innovative approaches in decision-making. These two skills are connected with the ability to find the best way to influence owners on compensation policies and practices. Today innovative approaches in the decision-making are closely connected with the leadership. In addition, the leadership style defines approaches which the executives will use in order to organize and influence on the compensation policies and pra ...

Third World Poverty

Third world poverty refers to poverty in countries that are more commonly called ‘underdeveloped’ or developing in terms of their living standards or economic standards or economic progress. Most of the world’s the third world countries are countries in Asia and Africa. Poverty can be defined in absolute terms as a person living on less than two dollars a day or being not able to easily access food, water, healthcare, shelter and education. This research proposal will contain the various approaches towards the investigation of the impact of micro-lending on poverty levels in the third world co ...

The World Financial Crisis

The given report will touch upon the impact of the world financial crisis on the profession of project managers all over the world. The world financial crisis made the profession of a project manager to be more significant for the employer as it is necessary to solve the serious and difficult questions connected with the organizational changes in the modern society. The waves of the staff reductions, which were carried out all over the world, practically did not affect the professional layer of managers, namely project managers. On the contrary, many employers started to estimate the practical ...

World Lingua Franca

According to Barber (2000) it is estimated that the world has 300 million native English speakers and another 300 million who use the language as a second language. In addition to this there are another 100 million people worldwide who use the language as a foreign language. English has gained great importance in the, present world. There is no doubt that English enjoys a prestigious position in the present day world affairs. It is the language used computing, science tourism, aviation and diplomacy. The language is listed as the official language in over 45 countries worldwide and also spoken ...

Nationalism in an Increasingly Globalised World

The process of globalisation is inevitable; it affects countries and people throughout the world, undermining their cultural, economic and social differences. All the states become interdependent politically, culturally and economically. There is a dramatic increase in migration processes which bring together representatives from various cultural backgrounds. The United States is an excellent example of an emergency of a multicultural society. A standard culture of consumerism has almost replaced national history, religion and culture. Moreover, in the current context, economic nationalism is ...