Annotated Bibliography: Exploring the Complexities of Globalization

This annotated bibliography explores the multifaceted concept of globalization through a selection of ten scholarly sources. The entries cover a range of topics, including the impact of globalization on higher education, economic inequality, structural changes and productivity growth in developing countries, and the sociological aspects of globalization. The bibliography also examines the role of corporate bond markets in financial globalization, the geographical dimensions of globalization, the ideological underpinnings of market fundamentalism, the overselling of globalization, organizational commitment in a global arena, and the rise of populism in relation to economic globalization. Each entry provides a concise summary of the source's main arguments, methodologies, and findings, offering a comprehensive overview of the current research landscape on globalization's diverse effects on societies, economies, and cultures worldwide.

Running head: GLOBALIZATION
Annoted Bibliography
Name of the Student
Name of the University

1GLOBALIZATION
1. Altbach, P., 2015. Higher education and the WTO: Globalization run amok.
International Higher Education, (23).
The paper states that the institutions related to higher educations through the whole word
is subjected to the global trends. The development of mobile academic profession, fresh
technologies of communication and accountability of institutions are the communication medium
between the global systems and institutions. The author has successfully described the
drawbacks of the globalization such as increasing the trend of internet based academic
institutions are not suitable for poor countries. The developing countries also suffer from the
WTO control over the higher academic processes. The author has not mentioned who must be in
the power of the higher educations.
2. Milanovic, B., 2016. Global inequality: A new approach for the age of
globalization. PANOECONOMICUS, 63(4), pp.493-501.
The author has shared his view toward a new approach for the age of globalization. The
paper has presented justification for appearing the political intonation. The developing countries
suffers from lack of growth thus resulting into harming the lower middle class people in the
Western European Countries. The author has connected his paper with the views of Kuznets
cycles. The Kuznets cycle theory can be related to the Western countries because of the existence
of dynamic inequality. There was no association among the inequality and mean income prior to
industrial revolution. The paper has shown the summarized version of the Kuznets cycles that is
assisting in understanding the paper underneath ideas.

2GLOBALIZATION
3. McMillan, M., Rodrik, D. and Verduzco-Gallo, I., 2014. Globalization,
structural change, and productivity growth, with an update on Africa. World
Development, 63, pp.11-32.
The integration of the developing countries has become stronger since the 1981. The
process of integration of global economy within the country’s economy is the basis of
determining the consequences of globalization. The data that the authors have presented in the
paper is collected form thirty eight countries and to the period of 2005. The paper raised the
issues that connecting the data collected with the informal sector may be done through a non-
reliable method or style. The authors proved that in high economy country like Denmark has
Economy-wide labor productivity of 45,423. Africa is enhancing its economic structure as per
the data provided into the paper.
4. Martell, L., 2016. The sociology of globalization. John Wiley & Sons.
The author has accepted in the paper that various trends in the sociology can be seen in
recent years. The global communication is one of the main reasons of increasing popularity of
globalization. In terms of the fact that globalization is mainly popular in economic/financial and
political aspects, people movements and culture has been a great source of understanding the
globalization. The author represented the view that the cultural globalization is not so different
from the economic and political globalization, instead it is connected closely. The author has
proved the connection between the global ideologies and globalization in the table I in this paper.

3GLOBALIZATION
5. Gozzi, J.C., Levine, R., Peria, M.S.M. and Schmukler, S.L., 2015. How
firms use corporate bond markets under financial globalization. Journal of
Banking & Finance, 58, pp.532-551.
The paper has stated the circumstances under which the corporate bond markets in terms
of financial globalization. Entering into some market contracts is often hasty because of the
frictions in the collected data through most of the time these data remain consistent. The authors
have analyzed total one lakh sixteen thousand three hundred and thirty eight corporate bond
problems that are related to international and domestic markets. The authors also have discussed
the issues in debt for international and domestic markets, the main finding of the paper. In the
appendices section of the paper the details of all the data is present in figure and table format.
6. Murray, W.E. and Overton, J., 2014. Geographies of globalization.
Routledge.
The paper is consisting of the fact that globalization is becoming enormously powerful as
it is consisting of entities like economy, culture, politics, social values and many more. Each of
these entities are considered as the key factors in a country’s infrastructure. Anti-globalization
protests has been increasing in recent years and it has made a serious blow in some countries.
Various countries has been using the same currency (Euro). The globalization in the financial
sector can be seen as a most powerful entity of globalization. The authors have done various
discussion on Geographies against and for of globalization.

4GLOBALIZATION
7. Sandbrook, R. and Güven, A.B. eds., 2014. Civilizing Globalization, Revised
and Expanded Edition: A Survival Guide. SUNY Press.
The paper has argued that the market fundamentalism or globalization is ideological. As
the other author of globalization topic, these authors also believe that the strongest aspects of the
globalization is world politics and world economy. The main theory that has been presented by
the authors are based on the economy of India, Asia and Latin America. Thea authors have also
evaluated the circumstances of the states that are responsible for handling the corporate
globalization. The authors have raised a concern that how the civilizing globalization has been
supporting the present market economy.
8. Stiglitz, J.E., 2017. The overselling of globalization. Business Economics,
52(3), pp.129-137.
The author has stated his thought in the paper very firmly that the globalization is
oversold. In order to create job creations, various politicians and economists has been wrongly
argued for agreements related to trade. The author has strongly argued that the protectionism
technique administrated by the Whitehouse will be result of harming the globalization. Various
significant political outcomes has been seen as the result of overselling of globalization. The
paper stated that there has been a mistake while adopting the globalization and that is not
considering it for as a long run strategy. The author has proposed that if proper method is applied
during implying globalization, it can provide enormous befits instead of drawbacks.

5GLOBALIZATION
9. Wood, V.R. and Wilberger, J.S., 2015. Globalization, cultural diversity and
organizational commitment: Theoretical underpinnings. World, 6(2), pp.154-
171.
The paper has been able to work on the topics like organizational commitment in
commercial global arena, including examples of case studies on high and low context cultures,
model theorizing drivers and many more. The author has represented what is globalization in the
most adequate manner and it is also consisted of literature review. The firms that has been
adapting global spanning processes as well as multi-cultural staff must have organization
commitment. The authors have discussed about the drivers of the organizational commitment in
those firms. The conceptual model is also provided in the paper as figure 1.
10. Rodrik, D., 2017. Populism and the Economics of Globalization (No.
w23559). National Bureau of Economic Research.
It can be considered that the populism has come out of place. However, it is on the rise
since its creation. The author has argued that economic theory and history offer sufficient
support to the anticipation that improved phases of economic globalization would generate a
backlash related political atmosphere. The author has stated the populism as a label (actually
loose) that includes a different collection of movements. The populist backlash may have been
predictable, The U.S. progressive movement and most Latin American populism took a left-wing
form. Donald Trump and European populism today represent, with some instructive exceptions,
the right-wing variant.

6GLOBALIZATION
References:
Altbach, P., 2015. Higher education and the WTO: Globalization run amok. International Higher
Education, (23).
Gozzi, J.C., Levine, R., Peria, M.S.M. and Schmukler, S.L., 2015. How firms use corporate bond
markets under financial globalization. Journal of Banking & Finance, 58, pp.532-551.
Martell, L., 2016. The sociology of globalization. John Wiley & Sons.
McMillan, M., Rodrik, D. and Verduzco-Gallo, I., 2014. Globalization, structural change, and
productivity growth, with an update on Africa. World Development, 63, pp.11-32.
Milanovic, B., 2016. Global inequality: A new approach for the age of globalization.
PANOECONOMICUS, 63(4), pp.493-501.
Murray, W.E. and Overton, J., 2014. Geographies of globalization. Routledge.
Rodrik, D., 2017. Populism and the Economics of Globalization (No. w23559). National Bureau
of Economic Research.
Sandbrook, R. and Güven, A.B. eds., 2014. Civilizing Globalization, Revised and Expanded
Edition: A Survival Guide. SUNY Press.
Stiglitz, J.E., 2017. The overselling of globalization. Business Economics, 52(3), pp.129-137.
Wood, V.R. and Wilberger, J.S., 2015. Globalization, cultural diversity and organizational
commitment: Theoretical underpinnings. World, 6(2), pp.154-171.