International Trade Flows in a Globalized World

Verified

Added on  2019/09/23

|14
|3475
|443
Report
AI Summary
The provided content discusses globalization, a phenomenon that has been occurring since the 1990s. It examines international flows, including trade and foreign direct investment (FDI) flows. The report highlights the strong momentum driving globalization, with multinational firms playing a significant role. The content also touches on the benefits of globalization, such as increased opportunities for cross-border expatriation managers. The conclusion emphasizes the dependence of our world on the 'globalized' world, and how different views on globalization are influenced by neoliberal ideologies.

Contribute Materials

Your contribution can guide someone’s learning journey. Share your documents today.
Document Page
MANAGEMENT OF GLOBALISATION
.
0

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
Executive Summary
Through this report, we would be evaluating the importance of the globalization and the
contextual meaning of the flat world. In here would be briefly discussing the global world, trading
and the given relation to it. We would be examining the GFC, discussion of the trade borders and
how there can be better globalization related place.
1 | P a g e
Document Page
Contents
Introduction……………………………………………………………………………………………………………………………………..4
Discussion………………………………………………………………………………………………………………………………………..5
Application………………………………………………………………………………………………………………………………………7
Conclusion………………………………………………………………………………………………………………………………………10
References…………………………………………………………………………………………………………………………………….11
2 | P a g e
Document Page
Introduction
Through this report, we would discuss the globalization and the phrases such as ‘the shrinking
world’, ‘the flat world’ and ‘the border-less world’ which would be understood in relation to the
globalization. The idea of the globalization, has been examined on the basis of the Ghemawat
views which have analyzed how there can be globalization that is free from the national borders.
He describes that the cross borders are eroding the globalization and it would be best understood
that the globalization would be living in “one world.” To understand with the Ghemawat idea of
the globalization of the flat world, it helps to understand that one can stay in the boundary free
world. The idea was first floated in the 1850s by David Livingston, and thereafter it was pursued
in relation to the process of the global welfare (Hanson, 2017). Ever since the word of the
globalization has emerged during the year 1990s, it is evident how there has been increasingly
building a world that would have an established economy that can help to freely live in the world
which would have the same economic, social and political discourse. It would not be on the basis
of the academic community. It would be more contextual to the popular press and would be
obliged to the world of policymaking. The idea of the globalization is to consequently address a
global welfare.
(Trade) borders really collapsing or are we seeing, post-GFC, a resurgence in them
The process of the Globalization is also referred to as the integration of the markets for goods,
along with the given labor and financial capital which would be equally be displayed form the U-
3 | P a g e

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
shaped pattern. This first came with the notion from the era of 1870’s (Brown, 2017). After the
late nineteenth century and early twentieth century and post the era of the World War I and
World War II, the world was open to the international bodies and the regulation such as the
GATT or the WTO and also precedent to the Bretton Woods capital which was due to the Great
Financial Crisis duirng 2007-2008. It has also been the first era of globalization which
substantially also ended and there were countries which suffered due to the trade borders. The
main countries such as the Europe, the U.S. lost a significant battle due to the globalization and
they have suffered a high restriction fees and faced tariff barriers along with the capital controls
and have to make polices which would restrict immigration. There can also be a severe
adaptation of aggregation and arbitrage, faced on the basis of the cost which would work on the
basis of the low scale economies or with the given scope of the diminished access due to the
foreign inputs. Post GFC the countries faced barriers to globalization but as popularity and
acceptance rises, it helped in boosting adaptation via localization and also implementing polices
around the clear limits.
Extreme demonstrations against globalization at G7 and WTC conferences
There had been an extreme demonstrations against globalization at G7 and WTC
conferences due to the "free-trader" along with the "compassionate flatist". It would be
subjective to the societies that would resist the changes. The globalization was related to the
rapid pace and it was a fall on an emerging abilities of individuals which was restricted out. It
was at par to the developing countries that has been creating a pressures on businesses along with
the individuals in global world. It would be that would connect to the Americans and with the
developing world (in relation to Europe). The company would be developed with Friedman's that
would relate to personal research, travel and be related to the conversation, and reflection. It
4 | P a g e
Document Page
would be connected to the characteristic style and related to the personal anecdotes along with
the opinions, that would be combined to the World Is Flat that would be contextual analysis
accessible with the relation to the broad public.
Globalization would be contextual to the Brexit and Trump shocks with the given the year of
2016 that would be contextual with the tug of war within the scope of the economic
fundamentals along with the policy threats. Along with the connections of the predictions within
the scope of the globalization which would be developed to the collapse in the key connection to
the wave of economic nationalism which would be proven with the more that would be
developed to the proclamations of a flat world that would be connected to the global business. It
would be also developed with the new DHL Global Connectedness Index with the demonstrates
with the relation to the world ended 2017 with the established to the globalized that would be
captured before. In terms of 2018 within the scope of the new obstacles — within the tariff tiffs
due to the blocked acquisitions, In relation to the result within the shifting playing within the
scope of the end to global business competition (Common, 2017). It should be built around the
smart business decisions which would be able to project on the basis of the perceptions that can
be centered around the environment, and it would be also the executives that can help to
determine how there can be a clear-eyed view in relation to the globalization measures are
trending.
Discussion
Organizational culture and management
Overall the world Is flat and around the globalization, consequently in the 21st century. It would
be a world that would be able to balance the commerce, that would be related to the competitors
5 | P a g e
Document Page
in terms of equal opportunity. It would be examined with the perceptual shift which would help
the countries along with the companies, to the individuals to remain competitive within the given
framework of the global market that would be considered to the geographic divisions to be
increasingly irrelevant (Brown, 2017).
Organizational structures and design
There can also be a necessary relation to the building of the international political order which
would lead to upheaval within Europe and Asia. It would also be leading to the repeated
backlash is due to the flattening of the world and seen as the declining state to the world trade
and capital flows due to the GFC but not in migration. It is also included as one of the
progressive bad things to come. Due to the unprecedented issues of the leveling off of trade and
capital flows it has also been distinctly been able to decline in global real income on account of
the Great Recession. It has also been included as the slowdown process of the growth rate of
China along with it the progress of the international supply chains due to the 1990s (Bush, 2019).
Decision making
It would also include the given relation of the striking juxtaposition of global flows that can
connect to all-time highs which would be connected to managers' perceptions, It would be
related to the opportunities and the challenges which would include the globalization and would
include on the basis of the multinational firms. It would be also attributed to the succeeding
across borders along with key distances that would be consequently be required at home. It
6 | P a g e

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
would be attributed to the barriers that constrain international flows along with the process of the
rewards for companies which can overcome challenges.
Operational planning tools and techniques
The collapse of the Berlin Wall – 11/9/89: As rightly introspected from the lens of the Friedman
that has advocated how the world is equally to be flattener "It would be on the basis of the walls
came down, along with the possibility of the windows to came up." It would be connected to the
discussion in relation to the Berlin Wall's within the relation to the "fall" of communism, and it
would be related to the given relation to the Windows-powered PCs (personal computers) that
would be related to the another. The relation to the basic platform within the relation to the
created within the key IBM PC and with the relation to the Windows, and to connection to the
graphical interface within the world to the processing, dial-up modems along with the
standardized tool along with the scope of the communication, and to the global phone network
(Iskandar 2018).
Netscape – 8/9/95: It would be connected to the public along with the relation to the price of $28.
It would be connected to the Netscape and the Web within the scope of the roots as a
communications medium along with the given relation to the "early adopters along with the
geeks" with the relation to the Internet access within the five-year-olds the relation of the ninety-
five-year-olds. It would be connected to that would be dependent on the place that would be
including all types of the files, films, music, and pictures which can be accessed globally
(Hanson, 2016).
7 | P a g e
Document Page
Workflow software: It would be dependent on the standards and technologies which would
subsequently be allowed to flow. There would be an ability that would begin with the no humans
involved, as an under the global platform it would be mixing of the technology. Such as the
software protocols (SMTP – simple mail transfer protocol along with the process of the HTML –
the language which would enable and to be able to design and publish documents that which
would be able to transmit to the computer anywhere). It would be on the basis of the Standards
on Standards. That can connect to the net result "for the global platform.
Uploading: It would be involved with the communities which would be connecting to the
projects. It would include the vast open source software, blogs, and Wikipedia.
Outsourcing: TO understand how there have been a growing iconic outsourcing related
components which would be an effective and efficient way.
Offshoring: It would be related to the internal relocation along with the basis of the company's
manufacturing which would be connecting to the foreign land and be connected to the less costly
operations there.
Supply-chaining: It would be more related to the retail supply chain and would include the
inward supply chain (Inkson, 2018).
Strategic planning
Through the process of the globalization, it would help to build around the business leaders that
can also be able to navigate and be able to examine how best there can be the key profits driven
on the basis of the globalization's turbulence. It would be also related to the recommendations to
the given strategy (how to compete) a that would include on the basis of the presence (where to
8 | P a g e
Document Page
compete) along with the process of the architecture (how to organize), and the relation of the
non-market strategy (how to engage better with society):
Through the process of the strategic planning, it would be best be examined as the threats to
globalization that would continue to build upon and be able to relate to the firms with marginal
competitive positions that would consequently be vulnerable. It would also include on the basis
of the policy environment which can continue to shift and also be related to the temptation to
respond to each short-run development. It would be addressed as the company is able to build
upon the given advantages over its competitors to and that it would be equally be warranted
(Keskitalo, 2017).
It would be examined on the basis of the company that would help to relate to the rebalance
across the time-tested international strategies with respect to the aggregation (leveraging
scalable assets that would be subjectively be included on the basis of the countries) along with
the basis for the arbitrage (such as the exploiting differences, e.g. in labour costs). It would also
be including the key adaptation (adjusting to differences). There can also be a parallel relation
not the basis of the Aggregation and arbitrage which would be directly be attributed to the value
across countries, and it would be including the present two approaches and also be building
around the relation of the aggregation or at least to be more judicious along with the basis of the
arbitrage. It would include the "new NAFTA" ( It would be based on the United States-Mexico-
Canada Agreement) and would include the relation on the opportunities to the basis for the
arbitrage that would in parallel with the automotive manufacturing that would be able to limit on
the basis of the limiting the use of labor paid such as less than the $16 per hour.
There can also be a severe adaptation that can run partially with the geographic reach of
aggregation and arbitrage, which would be examined on the basis of the cost that would work on
9 | P a g e

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
the basis of the low scale economies or with the given scope of the diminished access with the
given foreign inputs. It would also be running on the basis of the barriers to globalization rise
and would be building on the basis for the boosting adaptation via localization to the given
relation of the logical response, along with the clear limits (Lasserre, 2017).
Application
To apply and to understand how there can be the trade, capital, information, along with the
consequent basis of the people flow crossing national borders which would be increased
significantly (Mangan 2015). It would be contextual how it emerged as an era of the trade flows
from 2007 till today. It would be connected to the major change in the policy and it would
connect to the policy rhetoric to reality. It would also be considered to the United States due to
which to the globalization it would lead to the largest trade partners that have also been
connecting to the tit-for-tat tariff increases. There can also be a connection to the countries that
would have also relatively been screening of foreign corporate takeovers and would be involved
with the advanced data localization policies, along with the process of the clamped down on
immigration. It would also be connected to the complete 2018 data, and it would include
evidence which would be based on the given developments and is examining to the international
flows. The relation of the trade that would be developed and continues to the growing but at a
slower pace and integrating the foreign direct investment (FDI) flows declined (Stark, 2015).
Form the globalization's perspective it would also be built on the strong momentum that would
be consequently be running form the powerful headwinds, that would be key examined to that
market integration and would be examined on the basis of the absolute terms. It would be on the
10 | P a g e
Document Page
basis for the foreign operations of multinational firms globally that would have substantially
been able to build on the generated to the given 9% of global output. Through the globalization
scope to would also be able to include the exports of goods along with the give services add up
to 29% within the given world GDP, along with the relation of the figure comes which would
include the given 20%. It would also include the crosses borders which would be more than
once. Due to the globalization within the flat world, it would be able to hire the cross boundaries
expatriation managers within the good company. The relation of the managers within the given
six countries in 2017 along with the international production and would include on the base of
the trade metrics at 37% and 41%, respectively (Velis, 2017).
Conclusion
Ever since the word of the globalization has emerged since the 1990s, it is evident how there has
been increasingly been able to build around the economy which can consequently be able to
develop with the given features and to be able to include the economic, social and political
discourse, which would not be on the basis of the academic community,. It would be more
contextual to the popular press and would be obliged to the world of policymaking. There can
also be globalization notion which would strategically be the same and to be straightforward. To
determine how there can be the processes and outcomes would be dependent on the alleged to
characterize globalization. it is obvious that every time the world has to experience a consequent
relation of the world we live in would be dependent and related to the ‘globalized’ world. In here
there would also be the views that would be consequent to their means and the trends that would
11 | P a g e
Document Page
be subjected to be good or ill. It would be more related to the view dependent on the basis of the
neoliberal right are typically pro-globalization, and it would be opened on the basis of the up
markets which would work globally, It would be more related to the globe, which would be able
to force upon the given examining basis of the spreading opportunity along with the basis of the
wealth across nations and that the intensification (Velis, 2017).
References:
Brown, D. (2017). Globalization, ethnicity and the nation-state: The case of Singapore. In
Singapore (pp. 45-56). Routledge.
Bush, T., Bell, L., & Middlewood, D. (Eds.). (2019). Principles of Educational Leadership &
Management. SAGE Publications Limited.
Common, R. (2017). Public management and policy transfer in South-East Asia. Policy transfer
in global perspective (pp. 143-161). Routledge.
Hanson, D., Hitt, M. A., Ireland, R. D., & Hoskisson, R. E. (2016). Strategic management:
Competitiveness and globalization. Cengage AU.
Iskandar, T. M., Jamil, A., Yatim, P., & Sanusi, Z. M. (2018). The role of internal audit and audit
committee in the implementation of enterprise risk management. International Journal of
Business and Globalisation, 21(2), 239-260.
12 | P a g e

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Inkson, C., & Minnaert, L. (2018). Tourism management: an introduction. Sage.
Keskitalo, E. C. H. (Ed.). (2017). Globalization and Change in Forest Ownership and Forest
Use: Natural Resource Management in Transition. Springer.
Lasserre, P. (2017). Global strategic management. Macmillan International Higher Education.
Mangan, J., Lalwani, C., & Lalwani, C. L. (2016). Global logistics and supply chain
management. John Wiley & Sons.
Stark, J. (2015). Product lifecycle management. Product lifecycle management (Volume 1) (pp.
1-29). Springer, Cham.
Velis, C., & International Solid Waste Association. (2017). Global recycling markets: plastic
waste: A story for one player–China. A report from the ISWA Task Force on Globalisation and
Waste Management.
13 | P a g e
1 out of 14
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]

Your All-in-One AI-Powered Toolkit for Academic Success.

Available 24*7 on WhatsApp / Email

[object Object]