Analysis of Contemporary Society in a Globalized World: A Report

This report analyzes contemporary society within a global context, exploring the impacts of migration and remittances on host countries, the ways technology facilitates international business, and how shifting political power affects global trade. It examines the UK's position as a member of the global society, particularly in light of Brexit, and assesses the influence of social media on the spread of global culture. The report draws on various sources to justify its claims, including academic books and journals. It provides insights into the multifaceted nature of globalization, its economic, social, and cultural implications, and how these factors are interconnected. The report also explores how these changes impact global trade and the role of social media in shaping global culture.

Contemporary Society in a
Global World

Contents
MAIN BODY..................................................................................................................................1
1. Impact of migration and remittance to host country................................................................1
2. The ways in which technology facilitates international business............................................1
3. How shifting in political power affect global trade?...............................................................2
4. Member of global society........................................................................................................2
5. The ways in which social media have influenced spread of global culture.............................2
REFERENCES................................................................................................................................4

MAIN BODY
1. Impact of migration and remittance to host country
Sources:
Quisumbing, A. and McNiven, S., 2010
De Haas, H., 2010
De Haas, H., 2009
Justification:
Migration will be affecting host country in two ways which are both positive and
negative. As the host country will be getting cheaper labour which is helping them in
overcoming shortage of labour into manufacturing units. Remittance will be the private savings
of migrants to their own countries so this will also be having impact on GDP of that nation. This
money which is generated into country will be remitted to other part of world so will be
impacting in negative manner on that host country. So these sources are including many
information based on migration and remittance to the host country so that impact could also be
understood.
2. The ways in which technology facilitates international business
Sources:
Borges, M., Hoppen, N. and Luce, F.B., 2009
Bitner, M.J., Zeithaml, V.A. and Gremler, D.D., 2010
Justification:
International business will be facilitating technology and there are many ways in which
company could be using the technologies within organisation. So best could be that of
globalisation of production so that it could be on worldwide bases and becoming essentail for
any MNC. These above mentioned sources are been taken as technological facilitating
international business. Among them all most common is relation of that nation with that of others
in rest parts of the world which means global trade. May be they are modifying or just replacing
the policies and agreements which is not allowing trade to take place as it was previously.
3. How shifting in political power affect global trade?
Sources:
Rivoli, P., 2014
Mann, M., 2012.
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Justification:
When there is change in political power of any country after national elections takes
places there will be surely modification of several policies and laws which previous government
was having. It is obvious that new government is not facilitating the rules and policies of
previous government within the nation so thus affecting global terms of trade. The sources which
are included within this are important as they are including how shifting political power affecting
global trade.
4. Member of global society
Banks, J.A., 2014
Justification:
The United Kingdom is one of the major player in global trade which it is doing with
other parts of world. But rather after its referendum in June 2016 with which UK started
negotiation of trade with European Union and introduced its trading with other countries like that
of USA, Australia, China, India and New Zealand. In year 2016 UK was having about 48% of
total import of goods from various parts of UK while that from other parts of world it is higher.
The above said source is included due to its content which is telling all about the position of UK
within the global society which it is having at present.
5. The ways in which social media have influenced spread of global culture
Pookulangara, S. and Koesler, K., 2011
Justification:
About 81% of population of USA are on social media networking in 2017 which was 3%
more than that of 2016. The spread of global culture due to social media is very much influential
so it is important to take out what are the ways in which it is affecting world. The above
mentioned source is ben included due to the amount of information which it is having and data
could be easily gathered as it is simple to find out.
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REFERENCES
Books and jounals:
Banks, J.A., 2014. Diversity, group identity, and citizenship education in a global age. Journal of
Education, 194(3), pp.1-12.
Bitner, M.J., Zeithaml, V.A. and Gremler, D.D., 2010. Technology’s impact on the gaps model
of service quality. In Handbook of service science (pp. 197-218). Springer, Boston, MA.
Borges, M., Hoppen, N. and Luce, F.B., 2009. Information technology impact on market
orientation in e-business. Journal of Business Research, 62(9), pp.883-890.
De Haas, H., 2009. Remittances and social development. In Financing Social Policy (pp. 293-
318). Palgrave Macmillan, London.
De Haas, H., 2010. Migration and development: A theoretical perspective 1. International
migration review, 44(1), pp.227-264.
Mann, M., 2012. The sources of social power: Volume 3, global empires and revolution, 1890-
1945 (Vol. 3). Cambridge University Press.
Pookulangara, S. and Koesler, K., 2011. Cultural influence on consumers' usage of social
networks and its' impact on online purchase intentions. Journal of Retailing and Consumer
Services, 18(4), pp.348-354.
Quisumbing, A. and McNiven, S., 2010. Moving forward, looking back: The impact of migration
and remittances on assets, consumption, and credit constraints in the rural Philippines. The
Journal of Development Studies, 46(1), pp.91-113.
Rivoli, P., 2014. The travels of a t-shirt in the global economy: An economist examines the
markets, power, and politics of world trade. New preface and epilogue with updates on
economic issues and main characters. John Wiley & Sons.
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