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HI6008 Project on Impact of Globalisation in Developing Countries

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HI6008 Business Research (HI6008)

   

Added on  2020-05-28

HI6008 Project on Impact of Globalisation in Developing Countries

   

HI6008 Business Research (HI6008)

   Added on 2020-05-28

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Running Head: BUSINESS RESEARCH METHODOLOGYRESEARCH METHODOLOGYName of the Student:Name of the University:Author Note
HI6008 Project on Impact of Globalisation in Developing Countries_1
1RESEARCH METHODOLOGYTable of Contents1.Introduction..............................................................................................................................22.Project Objective......................................................................................................................23.Project Scope............................................................................................................................34.Literature Review.....................................................................................................................35.Research Questions..................................................................................................................6Primary Question.........................................................................................................................6Secondary Questions...................................................................................................................7Research hypothesis.....................................................................................................................76.Research methodology.............................................................................................................7a.Research Instrument.............................................................................................................7b.Data Analysis Process...........................................................................................................8c.Sampling...............................................................................................................................8d.Interviewing and questionary design....................................................................................8e.Reliability and Validity of Data............................................................................................87.Research Limitations................................................................................................................98.Time Schedule..........................................................................................................................99.Conclusion................................................................................................................................9Bibliography..................................................................................................................................11
HI6008 Project on Impact of Globalisation in Developing Countries_2
2RESEARCH METHODOLOGY1.IntroductionIt is to be stated that the economy of all the countries of the world has become connected andintegrated in the modern time. This process started in the early 80s and it has been continuing tilldate. It is due to this reason that the transportation costs have reduced drastically and the capitalflow to all countries of the world have increased due to Foreign Direct investment (Stromquist &Monkman, 2014). This process of becoming connected to all the countries of the world has beentermed as globalization. Globalization remains till date a popular yet controversial issue whichhas been defined loosely. The main concerns which have arisen due to globalization are itsimpacts on income distribution and employment terms. It can be said that globalization has hadmore significant impacts on income distribution and employment terms in developed countriescompared to developing countries (Stromquist & Monkman, 2014). The impacts of globalizationon developing countries has been subjected to a lot of debate 2.Project ObjectiveTo understand the socio economic benefits and impacts of globalisation ondeveloping countriesTo investigate the outcome of developing countries exposing themselves toglobalisationTo evaluate the effect of globalisation on the income distribution between thedeveloped and developing countries
HI6008 Project on Impact of Globalisation in Developing Countries_3
3RESEARCH METHODOLOGY3.Project ScopeThis research will talk shed light on the socio economic impact of globalization in developingcountries. It will also allow future researchers to conduct researches based on the findings f thisresearch.4.Literature ReviewIt is to be mentioned that foreign direct investment has increased significantly in service and manufacturing sector. As opined by Obstfeld (2015), the impacts of globalisation are different ondifferent countries of the world. It has potentially impacted the developed countries more than the developing ones. With the advent and advancement of technology cross border trade betweendeveloped and developing countries has increased significantly. Globalisation has resulted in the increase in wealth in developed countries. However according to Cavusgil et al. (2014) in developing countries globalisation has caused significant reduction of poverty. The best example of the positive effect of globalisation is the increased economic growth of the developing countries in Asia which has in turn reduced the margin of income distribution between developing and developed countries. However, despite having positive effect globalisation has still not impacted many developing countries where poverty has remained unaffected by the globalisation (Pieterse, 2015). It is to be mentioned that cities are receiving more benefits than rural areas due to globalization. It has been observed that people in the developing countries of Tanzania,Uganda and Kenya have come up with integrated telephonepayment transaction method called ‘M- payment’. They are using it to transfer money from the people in urban areas to the people residing in the rural areas.
HI6008 Project on Impact of Globalisation in Developing Countries_4

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