Contemporary Themes Report: Globalisation, CSR, Immigration, and Dying

This report delves into several contemporary economic and social themes, providing an analysis of their advantages, disadvantages, and associated challenges. The report begins with a discussion of globalisation, outlining its benefits such as increased international interaction and technological advancements, while also acknowledging its drawbacks, including the widening gap between rich and poor and the exploitation of natural resources. It then explores the effectiveness and ineffectiveness of Corporate Social Responsibility (CSR), highlighting its positive impacts on consumer preference, corporate image, and environmental protection, as well as its potential to shift focus from profit making and increase production costs. The report also examines the negative effects of immigration in the UK, such as overcrowding and unemployment, and discusses potential solutions, including the impact of Brexit. Finally, it addresses the controversial issue of assisted dying, presenting both economic and emotional perspectives on its legality. The report references several academic sources to support its arguments.

CONTEMPORARY
THEMES

Table of Contents
TASK 1............................................................................................................................................3
Advantages and disadvantages of globalisation.....................................................................3
Effectiveness as well as ineffective of CSR...........................................................................4
Negative effects of immigration in UK and its solutions.......................................................5
Assisted dying........................................................................................................................5
REFERENCES................................................................................................................................7

TASK 1
Advantages and disadvantages of globalisation
Globalisation refers to integration of domestic economy with other economies in the
world in order to gain economic, financial, cultural as well as environmental benefits for the
concerned economy. In other words, it is a process in which different counties become inter
dependent on each other for fulfilment of various requirements (Cramer, 2017). Some of the
major advantages as well as disadvantages that have been faced by globalisation are listed as
follows:
 Advantages:
 Due to globalisation, the whole world or nation has become like one big family as
different people with different cultures interact as well as communicate with each
other.
 It has lead to improvisation of relations at international level, which has resulted in
beneficial gains for almost all the economies of world.
 Globalisation has enabled the mobilisation of innovative technologies from as well as
to different parts of universe.
 The global communities are able to fight against the growing problem of poverty as
well as hunger (Asongu and De Moor, 2017). It has provided enhanced knowledge as well as education to all the individuals
residing in different parts of the world.
 Disadvantages:
 Despite of several measures undertaken, globalisation has led to an increasing gap
between the rich and poor sections of society.
 The natural resources available in the universe has been exploited to its maximum
limit, which is a result of activities involved in globalisation.
 As all the economies of world has integrated as a result of globalisation, a slowdown
in an economy adversely affects the other economies as well.

 As a result of globalisation, the local industries have found to be unable to cope up
with the growing competition.
 Many communities have been found to be adopting foreign culture as well as
traditions, which has resulted in their failure to protect and preserve their country's
cultural as well as traditional aspects.
Effectiveness as well as ineffective of CSR
The business sectors have been delegated with certain social responsibilities, which are
collectively termed as Corporate Social Responsibility. These responsibilities have been
delegated by the state or central authorities in order to protect public interests. These
responsibilities have found to be effective as well as ineffective in many ways (Ambati and
Shetty, 2017).
 Effectiveness:
 The responsibilities that has been delegated has led to an increased preference given
to consumers as well as their interests.
 Corporate image of the venture undertaking effective CSR increases manifold, this
brings or attracts a number of investors from rest of the world, thus, benefiting the
whole society.
 These responsibilities leads to generation of clean as well as healthy environment, as
corporates are restricted to undertake any activity that affects our environment
adversely. Adopting CSR ensures a business venture to gain positive publicity, thus, enhancing
brand image (Effectiveness of CSR, 2013 ).
 Ineffectiveness:
 Directly or indirectly, CSR has bounded the private organisations to shift from their
objective of profit making to social welfare. This can harm an economy in terms of
gaining financial outcomes (Kotze and Coy, 2017).
 Adopting CSR increase the cost of producing good as well as services for a venture,
this leads to an increase in their pricing policies, thus, resulting in inflation.

Negative effects of immigration in UK and its solutions
Immigration is a term used for the actions of individuals for permanently settling in a
foreign country. In other words, it is a process which involves migration of population from one
country to another for the purpose of job seeking. Net immigration recorded in the economy of
UK has shown a considerable increase over the years (Wadsworth, 2017). Though immigration
has resulted in number of benefits such as flexibility of labour, increase in real GDP and many
more, it has also led to generation of certain adverse situation in the concerned economy. Some
of them are listed as below:
 The country has become overcrowded as more and more number of people from different
countries are being migrated to UK.
 The increased population in the country has led to congestion as well as scarcity of
various resources in order to meet the unlimited human desires or wants.
 The major issue that has been arise in the country due to the immigration is increasing
level of unemployment in the economy. As people from different countries have started
securing job in UK, the own people or population of the country are unable to seek
required employment opportunities (Byrne, 2017).
In order to solve these problems of immigration, particularly the major growing issue of
unemployment in the country, economy of UK has exited the European Union, which was
popularly recognised as Brexit. But, this has not generated effective results for the economy.
Rather, it should start undertaking more developmental programmes for the country, which
would result in generation of employment opportunities for the unemployed personnels in the
economy.
Assisted dying
Assisted dying is a medical term which involves suicide of an ill person suffering from an
incurable disease, which is assisted by the physicians by providing required drugs to commit
suicide (Wilkinson and Foster, 2017). This assisted suicide on the part of physicians is
considered to be A legal activity in the context of law and order of the concerned country, i.e.
UK. However, there is a kind of debate on whether this suicide should be considered as a legal or
an illegal activity. As per the emotional point of view, it should be a considered as a legal
activity as the [person suffering from those incurable disease has to suffer from the unbearable

pain. Whereas, as per other aspects it should be considered as an illegal activity as it reduces
average life span of a person, thus reducing the life expectancy rate of an economy. This reduced
life expectancy rate indicates the poor medical as well as health facilities on the counterpart of an
economy (Riley, 2017). Thus, as per the economic point of view it should become an illegal
activity, whereas, as per the emotional quotient, it should remain as a legal activity in the
economy.

REFERENCES
Books and Journals
Ambati, C. S. R. and Shetty, V., 2017. Identification and Quantitation of Malonic Acid
Biomarkers of In-Born Error Metabolism by Targeted Metabolomics. Journal of The
American Society for Mass Spectrometry,.28(5). pp.929-938.
Asongu, S. A. and De Moor, L., 2017. Financial globalisation dynamic thresholds for financial
development: evidence from Africa. The European Journal of Development Research.
29(1). pp.192-212.
Byrne, B., 2017. Testing times: The place of the citizenship test in the UK immigration regime
and new citizens’ responses to it. Sociology. 51(2). pp.323-338.
Cramer, J., 2017. Corporate Social Responsibility and Globalisation: an action plan for
business. Routledge.
Kotze, P. G. and Coy, C. S. R., 2017. Tumor necrosis factor alpha inhibitors did not influence
postoperative morbidity after elective surgical resections in Crohn’s disease. Digestive
diseases and sciences. 62(2). pp.456-464.
Riley, L., 2017. P-89 The voice of dying people: listening, learning and responding.
Wadsworth, J., 2017. Interesting Times: Immigration and the UK Election. The State of Working
Britain.
Wilkinson, C. and Foster, B., 2017. 35 Carer-administration of as-needed sub-cutaneous
medication for breakthrough symptoms in homebased dying patients: a uk study
(CARIAD).
Online
Effectiveness of CSR. 2013 [online] Available through
.<https://news.law.fordham.edu/jcfl/2017/11/10/the-effectiveness-of-corporate-social-
responsibility-programs-a-legal-perspective/>.