locally in the factory plant which is located in Nairobi’s industrial area. The manufactured products are then sold within the Kenyan Market as well as exported to other countries. Unilever is one of the world’s fortune 500 companies‚ placed at number 121 world-wide. As such‚ it has the financial muscle to influence various countries economies. In this paper‚ we shall delve deeper into the positive and negative contributions that this company makes to Kenya’s economy. Positive Impact Growth of
Premium East Africa Africa International trade
Globalisation What is globalisation? According to OECD globalization is “The geographic dispersion of industrial and service activities‚ for example research and development‚ sourcing of inputs‚ production and distribution‚ and the cross-border networking of companies‚ for example through joint ventures and the sharing of assets.” Put simply this means the growth of MNC’s‚ international integration and increased free trade The key characteristics of globalisation are: 1. Free trade: a flow
Premium International trade World Trade Organization International Monetary Fund
The issues facing urban centers in developing countries are enormous; the consequences of rapid growth‚ underdeveloped infrastructure capacity‚ severe poverty‚ socio-economic inequality‚ need for affordable housing‚ resource scarcity‚ corrupt urban governance‚ lack of regulatory framework and continuing rural-urban migration are all impending and dire. The need for good comprehensive plans‚ well integrated development guidelines and management is urgent and the opportunity it opens for work in the
Premium Urban design City Urban planning
2. What is Globalisation all about? 3. What are the advantages of a global world? 4. What are the drawbacks of a global world? 5. Trade and Globalisation 6. Migration and Globalisation 7. Conclusion 8. Sources 1. Introduction As the subject for this Paper I choose Globalisation. The main reason for this choice is my fascination with the subject as well as the fact that in the last few years globalisation has become a
Premium Globalization World Trade Organization Developed country
Gilles Dufrénot1‚ Davide Furceri2 and Aleksandra Zdzienicka 3 Very preliminary Draft DO NOT QUOTE WITHOUT PERMISION Abstract This paper studies the relationship between financial globalization and financial stress in three Latin American countries (LAC)‚ namely Argentina‚ Brazil and Mexico. We use a synthetic index of financial stress recently proposed by the IMF and estimate a new model that helps us saying whether different variables of financial globalization are leading indicators that
Premium Economics Financial market Financial crisis
Albania: The Development of a Developing Country Albania‚ a small country located in Southeastern Europe‚ is a nation that does not have a true identity its people are Muslim and Christian‚ it is a country that is both and poor‚ it is as much urban as it is rural‚ and has evolved from monarchy to socialism and now to fledgling democracy. In other words‚ Albania and its people have seen it all. The extremes of Albanian society are vivid‚ and underlying tensions are evident. But Albania is not "another
Premium Communism Albanians Kosovo
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
Premium Globalization Third World Economics
GLOBALISATION Comparative advantage assumes that capital is essentially national in character rooted in the ownership of land and the production of goods. International trade will benefit all countries There has been a shift from productive capital to financial capital. Capital demanded to be bribed to come and utilise {exploit} a country’s labour. {pay low taxes}. Globalisation rules require country’s to sign up to liberalisation and privatisation. Effectively selling off public assets
Premium Economics International trade Globalization
events by which poverty‚ once started‚ is likely to continue unless there is outside intervention"(Hutchison Encyclopaedia). Many countries have large numbers of poverty stricken families and individuals with no assistance to alleviate educational‚financial‚and emotional/spiritual impoverishment. There is also a significant presence of poverty in well structured countries like the U.S. and Europe. Generational poverty affects an extremely large number of people around the world and will continue until
Premium Poverty Poverty in the United States Sociology
“Globalisation has allowed the economies of some poor countries to develop‚ but such development has often led to increasing gaps between rich and poor in those countries” Discuss this statement with reference to contrasting countries you have studied. Globalisation is the increasing interconnection in the world’s economic‚ cultural and political systems. Philippe Legrain described globalisation as ‘the way in which peoples lives are becoming increasingly intertwined with those of distant people
Premium Globalization Economics International trade