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Justifiable Risk or headless Fear? The Difference between experienced and factual Disadvantages of a Process called Globalisation: Difference between revisions
Justifiable Risk or headless Fear? The Difference between experienced and factual Disadvantages of a Process called Globalisation (view source)
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== Introduction: Definitions and Terms == | |||
Globalisation is a concept nowadays every single one of us has heard of. However, not many people deal with the subject of globalisation. The Organisation for Economic Co-operation and Development (OECD) for instance refers to this easily mistakable term as “a process of closer economic integration of global markets“ ([http://www.oecd.org/document/30/0,3343,en_2649_37447_37478942_1_1_1_1,00.html]) and although quite simple, this definition can be regarded as a reasoned definition for an organisation, which primarily deals with economical issues. Nevertheless, this definition is too limited in order to stress the complexity and duality of the process of globalisation. The German Federal Ministry of Economics and Technology adds, that “this development is being driven forward by world-wide information networks and communication technologies“ ([http://www.bmwi.de/English/Navigation/Economy/Economic-policy/globalisation,did=76820.html]), while the U.S. Department of Commerce focusses on the “potential to affect each other more quickly and to a higher degree than ever before“ (Globalization and Minority-owned Businesses in the United States: Assessment and Prospects (2003), p. 4). | Globalisation is a concept nowadays every single one of us has heard of. However, not many people deal with the subject of globalisation. The Organisation for Economic Co-operation and Development (OECD) for instance refers to this easily mistakable term as “a process of closer economic integration of global markets“ ([http://www.oecd.org/document/30/0,3343,en_2649_37447_37478942_1_1_1_1,00.html]) and although quite simple, this definition can be regarded as a reasoned definition for an organisation, which primarily deals with economical issues. Nevertheless, this definition is too limited in order to stress the complexity and duality of the process of globalisation. The German Federal Ministry of Economics and Technology adds, that “this development is being driven forward by world-wide information networks and communication technologies“ ([http://www.bmwi.de/English/Navigation/Economy/Economic-policy/globalisation,did=76820.html]), while the U.S. Department of Commerce focusses on the “potential to affect each other more quickly and to a higher degree than ever before“ (Globalization and Minority-owned Businesses in the United States: Assessment and Prospects (2003), p. 4). | ||
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== Body: Arguments and Analysis == | |||
In order to prove the thesis, that the term globalisation is more associated with concern than with actual risk, this article will provide chosen arguments of concerns and risks and reappraise the afore mentioned. | In order to prove the thesis, that the term globalisation is more associated with concern than with actual risk, this article will provide chosen arguments of concerns and risks and reappraise the afore mentioned. | ||
== Conclusion: Review and Prospects == | |||
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== Reference List: == | |||
* Hornby, A. S. (ed.), Oxford Advanced Learner's Dictionary (2000), London | * Hornby, A. S. (ed.), Oxford Advanced Learner's Dictionary (2000), London | ||
* Owens, J., Globalization and Minority-owned Businesses in the United States: Assessment and Prospects (2003), Washington | * Owens, J., Globalization and Minority-owned Businesses in the United States: Assessment and Prospects (2003), Washington | ||