Globalisation brought everyone around the world closer‚ not only in the virtual world but also in the real world. As the distance between people get closer‚ it interlinks life here in Singapore to the life of people who are miles away from us. This also means any disaster or financial crisis that occurs miles away can have an impact on Singapore’s economy. So what exactly is globalisation? “Globalisation refers to an ongoing process of economic and social integration of economies around the
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THE GROWTH OF THE NIGERIAN ECONOMY AND THE NATIONAL UNEMPLOYMENT RATE 1996 - 2010 BY ADEOTI‚ JULIUS OLAKUNLE ECONOMICS DEPARTMENT EMMANUEL ALAYANDE COLLEGE OF EDUCATION‚ OYO. 08035680332‚08058364379 BEING A PAPER PRESENTED AT THE 4TH ANNUAL NATIONAL CONFERENCE OF THE SCHOOL OF ARTS AND SOCIAL SCIENCES‚ ADEYEMI COLLEGE OF EDUCATION‚ ONDO‚ ONDO STATE HELD BETWEEN 23RD – 26TH APRIL‚ 2012. VENUE: OLUSEGUN OBASANJO AUDITORIUM‚ ADEYEMI COLLEGE OF EDUCATION
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Currently in international circles there is a great debate over globalisation and whether it is a force for good or bad. The statement oversimplifies the matter‚ of course. But the issue of globalisation and our collective response to it promises to define who prospers and who does not well into the 21st century. Globalisation has positive and negative aspects. On top of its positive aspects comes the tremendous development of new information and communication technology‚ triggers in economic growth
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Globalisation is basically the operation‚ integration‚ and competitiveness of organisations in the economy on a worldwide scale. Rather than being nationally confined‚ the activities of these organisations are more self-governing. Globalisation affects the nature of business ethics and social obligations. As large organisations embrace a more global viewpoint‚ it shall have an important impact on the wider setting of organizational behavior and management (Mullins and Christy‚ 2013: 22). Globalisation
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two decades or so‚ a period. As a word it has existed since the 1960s. The dictionary definition is a great deal drier. Globalisation (n) is the "process enabling financial and investment markets to operate internationally‚ largely as a result of deregulation and improved communications" (Collins) or - from the US - to "make worldwide in scope or application" (Webster). Globalisation can be understood or characterized by intensification of global interconnectedness between both states and non-state
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Globalisation is a complicated and evolving process and has become one of the most debated issues around the globe. The topic is so debatable that there is no one conventional definition of globalisation. However it can be narrowly defined as "the inexorable integration of markets‚ nation states‚ and technologies...in a way that is enabling individuals‚ corporations and nation states to reach around the world‚ farther‚ faster‚ deeper and cheaper than ever before."(Griffin 2007) There are many
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Effects of globalization on india? 1. factors that have led to globalization in the 21st century 2. its effects on indian farming sector 3 effect on indian industry 4 WTO and globalization 5 globalization and the future of indian economy 1. The main factors that lead to globalisation in the 21st century are: i.-- the gross failure of all closed‚ command communist and socialist economies to bring in economic properity‚ better quality life and health and education to the common man‚ resulting
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GLOBALISATION DEFINITION Globalization (or globalisation) is the process of international integration arising from the interchange of world views‚ products‚ ideas‚ and other aspects of culture.[1][2] Advances in transportation and telecommunications infrastructure‚ including the rise of the telegraph and its posterity the Internet‚ are major factors in globalization‚ generating further interdependence of economic and cultural activities.[3] Though several scholars place the origins of globalization
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influence of globalisation on community development in contemporary Aotearoa/New Zealand. I will be discussing how globalisation of media‚ things such as movies‚ music and internet influences culture in New Zealand. Globalisation can be seen as a mass production or growth of something that is spread worldwide. Community development is the community coming together as one‚ being empowered to build or change their community based on equality for all. Although this type of globalisation may promote an
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the de-terrorialisation or growth of supraterriorial relation between people and the integration of the world-economy (Glipin‚ 2002‚ p.364). However‚ International Monetary Fund (IMF) gives an encompassing definition. The IMF defines globalization as “A historical process‚ the result of human innovation and technological progress. It refers to the increasing integration of economies around the world‚ particularly through the movement of goods‚ services‚ and capital across borders. The term sometimes
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