Is Globalization Beneficial to Economies, Businesses and Populations?.docVIP

Is Globalization Beneficial to Economies, Businesses and Populations?.doc

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Is Globalization Beneficial to Economies, Businesses and Populations?.doc

Is Globalization Beneficial to Economies, Businesses and Populations?   Abstract:Globalization has made both positive and negative impact on world’s economies, business and populations. It can bring mankind benefits such as common progress and prosperity, meanwhile it may also cause possible problems like robbery, power politics and polarization between the rich and the poor.   Key words:globalization; benefits; problems   中图分类号:H319 文献标识码: A 文章编号:1672-1578(2014)4-0004-04   1 Introduction   Globalization,popularly described as the absence of   borders and barriers to trade between nations (Ohmae, 1995), has been viewed as shifts in traditional patterns of international production, investment, and trade (Dicken, 1998; Renesch, 1992). It is a powerful real aspect of the new world system, and it represents one of the most influential forces in determining the future course of the globe (Michie, 2003) and involves the integration of economies and societies around the world and affects different regions, countries and areas and their populations (Parker, 1998).   Integrating business activities across geographical and organizational boundaries, political, economic and cultural forces and competition between inter-dependent regional and local world markets with competitive advantages, globalization pertains to be the freedom to conceive, design, buy, produce, distribute and sell products and services in a manner which offers maximum benefit to the firm without regard to the consequences for individual geographic locations or organizational units. (Kirkbride, et al., 2001). It is a process which starts on the domestic level with the formulation of world economic policy and implementation strategy being required to form and adjust the national economic structure as well as infrastructure to the needs and for the functioning of the world economy (Chase-Dunn, 1999). As a revolutionary phenomenon, globalization has been influenced by developments in systems of telec

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