Globalization - Essential Resources For Entrepreneurs
Globalization - Essential Resources For Entrepreneurs
By Business Editor
We should care about globalization because it affects not only our business and our jobs, but our foreign policy and our ability to survive and endure independently ...
Economics is a fascinating topic that affects many aspects of our daily lives - from the food we eat, to the clothes we wear, to the technology we use, to the cars we drive, to the people who offer customer service support over the phone. The globalization impact is tremendous on developing nations, which rely on foreign direct investment capital to subsist. Huge strides can be seen in the Asian countries, which once languished in poverty but now enjoy average to superpower status, thanks to foreign trade strategy. On the other hand, countries with barriers to trade - such as the volatile African continent - still lag behind the rest of the world. We should care about globalization because it affects not only our business and our jobs, but our foreign policy and our ability to survive and endure independently.
A good starting point to learn more about globalization is at www.unctad.org - the United Nations Conference on Trade And Development. Here you'll find all the latest statistics, reports, summaries and findings presented in an unbiased format with realistic assessments of all strengths and weaknesses of world globalization. An especially interesting section is the "Programmes" area, which outlines some of the current concerns and initiatives of the UN. Read about the development of Africa, an Economy Report, Debt Management programs or Climate Change initiatives here.
To read some shrewd criticism about globalization, you may want to check out a more activist-oriented site like www.GlobalIssues.org or the Global Trade Watch organization at www.citizen.org/trade. Here they discuss globalization issues such as: the dangers of offshoring, imported food and product safety, international versus local governance, the FTAA, NAFTA, the WTO, as well as congressional voting records regarding globalization.
When you're reading about globalization, you'll undoubtedly encounter heated debates regarding NAFTA. The North American Free Trade Agreement, created under the Clinton presidency, promised to create new jobs and markets for US exports, as well as raise living standards for Mexico and Canada. Some say NAFTA has opened many doors, while other argue that it has exploited Mexican workers and created "fake jobs" in the US, in addition to exporting high-paying manufacturing jobs. Like any of the globalization issues, there are two sides to every story, so it's important that you pay attention to all arguments before forming your own conclusion.
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