Created: Jan 05, 2007
Updated: Oct 29, 2007
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Globalization Impacts

Globalization Impacts

Globalization impacts involve the social, economic, and environmental outcomes of increased economic integration. The supply chain has been fragmented between nations with extensive geographical relocations of each component (e.g. harvesting materials, parts manufacture, assembly, marketing and sales, distribution, research and development). Current "globalization" also includes a new international financial system, a new division of labor (e.g. unskilled and skilled workers, overseas buyers, traders, branders/advertisers, retailers), and a new challenge to the nation-state to guide its economic development. Sustainability, on the global/local scales, tries to prevent transnational corporations from moving to nations where there are no or few enforceable standards for environmental and worker protection and to prevent WTO regulations that would further remove regional and national authority over environmental and working standards, corporate charter

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Featured Resources

Tn_101670646_d4ef3ef633_m In the Way of Development: Indigenous Peoples, Life Projects and Globalization Authored as a result of a remarkable collaboration between indigenous people's own leaders, other social activists and scholars from a wide range of disciplines, this volume explores what is happening today to indigenous peoples as they are enmeshed, almost inevitably, in the remorseless expansion of the modern economy and development, at the behest of the pressures of the market-place and government.


Tn_138293177_e9b1a562cd_mFirst Peoples: Indigenous Cultures and Their Futures Far from collapsing in the face of global capitalism, indigenous cultures today are as diverse and alive as they ever were

Featured Organizations

Tn_400421377_2d8a11fa38_m Border Trade Alliance provides border communities – north and south – a voice before our NAFTA governments. Whether we're meeting with a Member of Congress, hosting an international conference or providing congressional testimony, our organization is representing the interests of those who live and work along the U.S-Canada and U.S.-Mexico borders, as well as the trade communities of all three nations

Tn_208816251_124611a562_m Center for Research on Globalization based in Montreal publishes news articles, commentary, background research and analysis on a broad range of issues, focussing on social, economic, strategic, geopolitical and environmental processes.

Quote

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"We must ensure that the global market is embedded in broadly shared values and practices that reflect global social needs, and that all the world's people share the benefits of globalization."

Kofi Annan

Did You Know?


"In the early 1970s, developing countries faced a merchandise trade deficit: their exports represented only 96% of imports. During the 1970s their trade balance improved substantially. In 1980, exports totalled 20% more than imports. This improvement was largely attributable to the rise in oil prices after the oil crises of 1974 and 1979. In the 1980s and 1990s, developing countries' trade balance deteriorated. In 1990 the balance was still positive, but exports were only 2% greater than imports. By the mid-1990s, the exports-to-imports ratio had returned to its 1970 level. Meanwhile, developed countries' trade balance remained essentially negative during the whole period under consideration." - UNCTAD Report on Development and Globalization Facts and Figures

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Hidden Face of Globalization (2003)
discusses the effects of globalization and free trade on women in Bangladesh


Tags/Keywords

economic internationalization, transnational corporation, multinational corporation, corporate social responsibility, production chain, joint ventures, industrial cooperation agreements, licensing agreements, international subcontracting, "arm's length" transactions, national firms, state-owned enterprises, division of labor, geographical relocation, industrial environmental impacts, workers rights, employment, material goods, corporations redefined and limited, immigration, practical economics

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