Globalisation Essay: Migration, Technology, Political Power Analysis

This essay delves into the multifaceted impacts of globalisation, examining migration's effects on both host and home countries, including the role of remittances in economic development. It explores how technology facilitates international business by reducing trade barriers through telecommunications, transportation, and technology transfer. The essay further analyses the influence of shifts in political power on global trade, impacting market access and international relationships. Additionally, it reflects on the author's perspective as a member of a 'global' society, influenced by global connectivity and cultural exchange. Finally, the essay discusses the ways social media have influenced the spread of a global culture, contributing to cultural awareness and information dissemination.

Globalisation

Table of Contents
Questions..........................................................................................................................................1
1. Discuss the impacts of migration and remittances to host/country of origin..........................1
2. Discuss the ways technology facilitates international business..............................................1
3. How do shifts in political power affects global trade.............................................................2
4. Discuss the extent to which you feel you are a member of a 'Global' society........................2
5. Discuss the ways social media have influenced the spread of a global culture......................3
References........................................................................................................................................4

Questions
1. Discuss the impacts of migration and remittances to host/country of origin
Migration as well as remittance both impacts over the economic development of the
home country. Here, migration refers to the person who shifts from one place to another in order
to increase their level of income. Whereas remittance word is used for the transfer of money
which send by those people who works in other country. This sharing of money directly boost up
the economic stability of the host country (Hanson, 2012). It can be said that migration of citizen
has both positive as well as negative impression over the growth of the home country. As
because of migration main talent of the country moves to another one for fulfilling their
monetary needs. This activity is helpful in satisfying expectation and needs of migrant people
But at the time, home of country of those citizens looses their valuable assets(talented people).
This reduce enhance for economic growth with in the home country. On the other hand, when
these migrant people sent money to their native people in host country it brings huge amount of
money in country itself. This also contributes in the economic development of host country. As a
result, host country grows faster and also provides new opportunities to those individuals who
remain in the same country and avoids to move to another country.
2. Discuss the ways technology facilitates international business
Usage of technology is helpful in international business as it has minimised the level of
trade barriers in international transactions. It can be said that there many ways which impacts
over performance. And some of them are described as below:
Telecommunication: Telecommunication services are helpful for international
businesses as people are now using cell phones, beepers etc. for communication purpose. It can
be said that after initiation of advance technology in telecommunication people are now able to
execute their business promises by using regular interaction with their international clients and
other business associated person (Constantinescu, Mattoo and Ruta, 2015). For example: With
the help of advance telecommunication services business organisation can expand their business
beyond the boundaries as they are now able to communicate with their clients in less period of
time. This helps in satisfying clients demand easily.
Transportation: With the changing world, technology has not only developed
telecommunication sector but it has also done many innovation in transportation sector. It has
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been identified that after introduction of commercial jet crafts, containerization and other super
freighters, transportation of goods has become simpler. On the other hand, commercial jet are
helpful for international business person by saving their time of travelling. As, business persons
travels maximum time to extend the level of their business. Containerization are also helpful in
minimising the costing of shipment of goods which are transported for longer distances.
Technology transfer: This way refers to process which allows technology to flow from
one source to another. It can be said that these source can be any individual, country or it might
be an organisation (Siddiqui, 2016). In relation to international businesses, it has been identified
that with the help of transfer of technologies companies can adopt latest technologies which is
beneficial for their business growth.
3. How do shifts in political power affects global trade
Political power is the ability of political entity to influence behaviour of people to get
desired results. It can also be viewed as the possession of resources that can influence outcomes
in relation to international relationship and national standing. It plays a major role in the changes
that take place in economy. A shift in political power impacts international trade and social
dynamics of the community. Power is mainly concerned with money. As the centre of economy
shifts from one place to another, political power shifts as well. The standards for measuring
power of political entities are primarily population and territory, economic strength of country,
military force and social stability. As a result of the shift, policies and laws of nation may change
with respect to international relationships. It influences the access to markets at home and
abroad. This can have positive or adverse effects on global trade. It impacts the size of country
economies and markets to which access can be granted, denied or limited.
4. Discuss the extent to which you feel you are a member of a 'Global' society
I consider myself a vital part of global society as it is impossible to deny that what a
person eats to what he wears is influenced by global community in which he lives. Being a part
of global society means that there is power within a person to individually or by gathering
several voices together to imply a change in society (Castles, De Haas and Miller, 2013.). My
life has totally become globalized from connecting myself with people globally through Internet
or desire to help disaster victims in other countries. It can also be seen in the eagerness that I
have in exploring the music, art, food and destinations of different parts of world. Every person
have a part of their life that is wholly associated with the global world.
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5. Discuss the ways social media have influenced the spread of a global culture.
Social media refers to websites and applications through which people can connect with
each others. This mode of media also helps people in sharing their ideas and thoughts with their
family, friends and other public with whom they are connected (Antman, 2013). It can be said
that social media influence global culture in many ways. Some of them are defined as below:
Contributes in dealing with cultural challenges: Social media is helpful in sharing
information related to different culture of people (Tuladhar, Sapkota and Adhikari, 2014). It also
conveys message of people with massive population as it most of us are using social sites and
gives time in reading different posts and their concepts behind it.
Upgrading people about health related issues: Social media also contributes in sharing
of health related issues at global level. This can be that with the help awareness massive
population can easily protect themselves as well as their related person from diseases.
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References
Books and journals
Hanson, G. H., 2012. The rise of middle kingdoms: Emerging economies in global trade. Journal
of Economic Perspectives. 26(2). pp.41-64.
Constantinescu, C., Mattoo, A. and Ruta, M., 2015. The global trade slowdown: Cyclical or
structural?. The World Bank.
Siddiqui, T., 2016. International Labor Migration and Remittance. Routledge handbook of
contemporary Bangladesh, pp.197-206.
Castles, S., De Haas, H. and Miller, M. J., 2013. The age of migration: International population
movements in the modern world. Macmillan International Higher Education.
Antman, F. M., 2013. 16 The impact of migration on family left behind. International handbook
on the economics of migration, p.293.
Tuladhar, R., Sapkota, C. and Adhikari, N., 2014. Effects of migration and remittance income on
Nepal’s agriculture yield.
Crane, D., Kawashima, N. and Kawasaki, K. I. Eds., 2016. Global culture: Media, arts, policy,
and globalization. Routledge.
Kraidy, M., 2017. Hybridity, or the cultural logic of globalization. Temple University Press.
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