Debating the Merits of Globalisation

DEBATING THE MERITS OF GLOBALISATION 1
Debating the Merits of Globalisation
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DEBATING THE MERITS OF GLOBALISATION 2
Table of Contents
Introduction......................................................................................................................................1
Question 1: Do you think globalization and MNEs activity are creating problems for the world?
What kinds of problems can you identify? What are the unintended consequences of
international business?.....................................................................................................................1
Question 2: Summarize the arguments in favour of globalization made by the business executive.
What is the role of technology in supporting company performance in globalizing business
environment?...................................................................................................................................2
Question 3: What are the roles of state and federal governments in dealing with globalization?
What is government’s role in protecting citizens from the potential negative effects of foreign
MNEs conducting business in your countries? What kind of government actions would you
recommend?.....................................................................................................................................4
Question 4: What is the role of education in (a)Addressing the problems raised in the roundtable;
(b)Creating societies in which people can deal effectively with public policy issues; and
(c)Creating citizens who can compete effectively in the global market place?...............................5
Conclusions......................................................................................................................................6
List of References............................................................................................................................7

DEBATING THE MERITS OF GLOBALISATION 3
Introduction
Over the centuries, human societies across the old have created close contacts through global
integration. The integration has eased transportation, communication and computer technology.
Multinational corporations produce products that are supplied across the world.
Globalization refers to the international integration of business organizations, view, culture and
other aspects of life and development that generate further economic interdependence of
countries and cultural activities. There are different types of globalization: political economic
and social globalization (Purwowidodo, 2016). As some scholars place globalization as a modern
activity, some scholars trace globalization’s history back in the BCE and late 19 century.
Globalization has been in the rampant use since the 1980s due to the significant effects since
globalization activities affect and affect business activities, natural environment, socio-economic
resources and economies of numerous countries.
These numerous effects have led to the development of international debates to provide
insights into the merits and demerits of globalization (Nederveen, 2012). Generally, globalization
offers different opportunities to business organizations: connectivity, growth, integration while at
the same time offers negative impacts to business organizations entire societies. These negative
effects are categorized into increased risks, less predictability, and over-exploitation of resources.
This paper thus is a report of a globalization debate that comprises of business
executives, government trade officials, activist and experts from the Exchange. During the
debate, each provided their perspectives on the globalization with a major focus on the problems
associated with globalization and MNE, benefits, roles of each stakeholder and impacts of
globalization education in the society.

DEBATING THE MERITS OF GLOBALISATION 4
Question 1: Do you think globalization and MNEs activity are creating problems for the
world? What kinds of problems can you identify? What are the unintended consequences
of international business?
From the perceptions provided by the debaters, I think globalization and MNE activities
create some problems in the world. From the debate its evidential that globalization affects
human life, environment, and cultural setting negatively.
From the anti-international business representative perspective, globalization tends to ignore the
rights of human and workers across the world. Adoption and implementation of human rights
have recently become challenging and complex in the era of globalization (Steger & Wilson,
2012). As people migrate across the border to look for work, their workplace policies are not
updated and end up suffering. For example workers in sweatshops in Asia, and autoworkers in
Mexico who have poor working conditions and terms. Some national governments have become
overwhelmed with the responsibility of protecting their citizens, who are always on the verge of
crimes and terrorist activities as well as punishing the individual who has committed gross
violations (Xu, 2017). This has led to the development of international bodies such as the United
Nations, international Criminal Units that either support or reject one right.
Secondly, globalization and MNE have a direct impact on the composition of the
environment. Globalization has led to increased production of products in various companies as
well as the consumption of those products from foreign countries. The increased rates of raw
material demand by various companies exert more pressure and stress on the environment
especially the non-renewable natural resources (Mafini, 2015). According to the “race-to-the-
bottom hypothesis” school of thought, the environment suffers most at the expense of