ICE – 6 th June 2014 Some background material on the ways globalisation is changing the role of national governments.

Slides:



Advertisements
Similar presentations
Business Strategy.
Advertisements

A level Physical Education
The Well-being of Nations Chapter 1 Emerging Social and Economic Concerns.
‘Museums, Social Capital, and Everyday Life Gaynor Bagnall.
© Cambridge University Press 2012 AREA OF STUDY 2 UNIT 4 MANAGING PEOPLE AND CHANGE CHAPTER 15 GLOBALISATION THE MANAGEMENT OF CHANGE.
1. Globalization is a process of interaction and integration among the people, companies and governments of different nations, a process driven by international.
Chapter 1 What is Economics?.
The Strategy of International Business
Marketing Management 27th of June 2011.
Copyright © 2002 by Harcourt, Inc. All rights reserved. Topic 6 : Business Analysis Models Lecturer: Zhu Wenzhong.
ECON International Economics
Globalization A Brief Review. Osama in the Globalized World Telecasting from a cave Telecasting from a cave –The contradictions: the outfit, AK-47, etc.
The Corporation and Its Stakeholders
Chapter 12Copyright (c) 2007 John Wiley & Sons, Inc.1 Global Marketing Management, 4e Chapter 12 Global Product Policy Decisions II: Marketing Products.
Introduction Advent of ICT Increased integration of market Mobility of people for job and vacation Reach of satellite channels Internet Global Village.
CHAPTER 14, SECTION 3 UNINSURABLE RISKS. IDENTIFYING AND REDUCING RISKS Businesses cannot insure many of the risks they face. Some are too expensive to.
Business Strategy An introduction – John Birchall Pre-Masters Course – Extra Learning Materials.
Managing Government Intervention We have already reviewed the role of international structures and organizations such as WTO, IMF, IBRD, EEC, NAFTA, etc.
Globalization. Definition: An economic phenomenon An economic phenomenon A social phenomenon A social phenomenon A cultural phenomenon A cultural phenomenon.
Prentice Hall, 2002Chapter 10 Daniels 1 Chapter Ten Risk Management and Asset Protection.
Stakeholder Objectives
The Effects of Globalization. At the beginning of the twenty-first century, the world was divided over a number of political, cultural, and economic issues.
Part E – IMPACT OF MULTINATIONAL BUSINESSES ON HOST COUNTRIES AS (3.2): Demonstrate understanding of strategic response to external factors by a.
PowerPoint to accompany
International Business Environments & Operations
Chapter 1 GlobalizationGlobalization 1. What Is Globalization? The globalization of markets refers to; “The merging of historically distinct and separate.
REPUTATION MANAGEMENT & THE AUTHENTICITY GAP. 2 BRAND What you say and how you behave REPUTATION What others think and say about you In today’s era, the.
Corporate Culture.
Explained ! By Myriam Roberts A BYC Campaigner and Youth Action Team Member.
Internal Operating Macro  For any business to succeed, it must be able to respond quickly to changes or pressures that come from it internal, operating.
Lecture 10 Cultural dimension of globalisation. Cultural globalisation Cultural G means intensification and expansion of cultural flows across the globe.
Environments of LSOs. Environments is the term used to describe the context in which business is carried out. There are two main environments: Internal:
What is it ?. An economic phenomenon? A social phenomenon? A cultural phenomenon? “the process through which an increasingly free flow of ideas, people,
TEKS 8C: Calculate percent composition and empirical and molecular formulas. Globalization.
Chapter 2 The marketing environment Learning objectives 1.Discuss the external environment of marketing and explain how it affects an organisation 2.Describe.
Copyright © 2011 McGraw-Hill Australia Pty Ltd PowerPoint slides to accompany Principles of Macroeconomics 3e by Bernanke, Olekalns and Frank 13-1 Chapter.
Business Analysis Models
Business Structure. 1- Primary sector business activity Businesses related to extraction of natural resources 2- Secondary sector business activity manufacturing.
Globalisation.
Culture and Ideology 232 Najd. Culture and Ideology An ideology is a collection of ideas.
CHAPTER 13 THE STRATEGY OF INTERNATIONAL BUSINESS.
Business Strategy. Corporate Culture The beliefs and values shared by people who work in an organisation The beliefs and values shared by people who.
Globalization. What is Globalization? Globalization: The increased movement of people, knowledge and ideas, and goods and money across national borders.
Research Theme – Manufacturing in the UK. In your research you should consider: the impact of technological change on businesses manufacturing in the.
Introduction to Economics What do you think of when you think of economics?
Level 1 Business Studies AS90838 Demonstrate an understanding of external factors influencing a small business BS 12/2/2.
MODULE VI GLOBALIZATION / MNC/TNC EXIM Globalization is a process of interaction and integration among the people, companies, and governments of different.
MGT301 Principles of Marketing Lecture-42. Summary of Lecture-41.
5.6 Innovation “A lot of people give up when the world seems to be against them, but that’s the point when you should push a little harder. I use the analogy.
 Sit face to face in two equal parts in class groups  Get any unused papers you can find and store  On my count hit the opponent  Continue till I.
Specific traits of globalization in culture. Globalization is a process of interaction and integration among the people, companies, and governments of.
SLEPT Analysis Use in conjunction with the Intellectual Property Office Summary Study THE TIMES 100.
Globalisation: Dimensions and Origins
Objectives Describe the ways in which countries around the world are interdependent. Understand how international treaties and organizations make global.
International Political Economy, Trade, and Development
Today we are going to learn more about :-
External influences.
Global Society & International Relation
Conditions That Prompt Trade
Globalization and Africa
THE STRATEGY OF INTERNATIONAL BUSINESS
Globalisation.
9.3 Assessing internationalisation
INTERNATIONAL BUSINESS, 7e
Business Strategy.
Business Strategy.
Business Strategy.
INTERcultural MARKETING
Business Strategy.
Presentation transcript:

ICE – 6 th June 2014 Some background material on the ways globalisation is changing the role of national governments

Anthony Giddens ‘globalisation is the intensification of world wide social relations, which link distant localities in such a way that local happenings are shaped by events occurring many miles away and vice versa’. To this Michael Mann added ‘ the extension of distinct relations of ideological, economic, military and political power across the world’. He ended by stating that ‘ the capitalist mode of production, the extension of military striking distances and the extension of the nation-state across the world, first with TWO empires and now with ONE’ Some may now say that the above is being overtaken by a new and emerging world order.

Some apparent trends in the changes caused by globalisation Greater de-localisation, production/productivity increasingly controlled by a knowledge-based generation, who have access to and can control vast flows of information. A decline in face-to-face interaction, people now have to deal with distant systems, we are developing a different concept of what is known as our space. What happens in our world of work, neighbourhood employment patterns are increasing influenced by forces that operate miles away from where the impact of those decisions is felt.

A changing world… The reality of how we live is one of deeper, multiple connections. This has seen a reduction in the influence and power of national governments – World Bank, IMF, EU, ECB al add another level of control that is above the national government. Policy is now being driven more and more by market forces, governments do not have the control over domestic economies in the ways they once had – they now have to ‘manage’ national politics in ways that allow domestic conditions to adjust to the pressures of a trans-national set of market forces. The relationship between a domestic government and its citizens is altering

A changing world…. The rise of the knowledge economy – knowledge capitalism – innovate, get to market, make returns – what of the gap between rich and poor nations? Should knowledge be more open – so encouraging those in a wider range of countries to be more ambitious? What will government do to generate this, who will control ‘rights’ and access to new ideas? What of the hazards raised through trade across vast distances and from different cultures – linked risk is now an accepted part of the global expansion but what can individual governments do?

A changing world…. Is everything to become a COMMODITY – does this produce a CONTRADICTION between profit and property interests – risk has been globalised and what are the legal rights of those affected by decisions made thousands of miles away? Over 60% of world trade is carried out by MNC’s – what do they actually bring to the countries in which they operate? Do they create needs, exploit this, what can a government do – child- based fashion, cigarette sales – a consumer led media – the age of marketed celebrities. The rise of the ‘brand’ and all its inherent ‘educational’ attachments. Leisure, ‘shopping’, the new cathedrals BUT might happen if they started to become the new mosques?

A changing world….. What will happen to social capital and civic community – who knows who and why – send the aged away to die – MNC’s influence government policy – they ‘lobby’ decision-makers in nation states, collective (EU) and even wider(IMF) The influence of national governments over their domestic economies and the subsequent policy decisions needed has decreased BUT has the power on capital influence increased as they supply more and more of the goods and services once associated with the State and other forms of government – to whom is a corporation responsible to?

A changing world….. Those who mown brands hold power – these last longer than products – get copyright, patents, trade marks, corporate colours and logos – instant recognition – wide appeal – control information – control intellectual property rights, expand markets, control presentation, influence consumer tastes (MTV). Get them young, mould them, feed them values etc. – gain constant flows of income + new related ideas – trust is central, but what of image? Capitalism likes disruption, wants to be ever-changing, built-in obsolescence – 250 years 5:1 was the gap between the riches at the poorest, now it’s 400:1 – for how long – internet, social networks etc.

A changing world…. Sen - ‘ public action is needed that can radically alter the outcome of local and global economic relations.’ He goes on to note that it is inequitable form of global organisations that needs addressing. ‘ the question is NOT just whether the poor, too, gain something from globalisation, but whether they get a fair share and a fair opportunity to be part of this era in man’s development.’

Some final thoughts Will national education systems remain or alter to meet global norms and expectations? How much more complex will networks get, the sheer volume of trade increase, interaction and its associated risk continue to grow, the traditional values, beliefs and cultural norms stand the level of influence that is pushed at them? What will be the increased influence of corporate forces aligned against elected governments and those who make the decisions that affect the lives of ordinary citizens?