Lesson 2: Issues in a Globalizing World

Technological Drivers

Innovations in transportation (commercial jets, containerization),

microprocessors, telecommunications, and the Internet enabling global

e-business.

Political Drivers

Liberalized trading rules, deregulated markets, lowered tariffs, and

institutions like GATT

Market Drivers

Saturated domestic markets pushing organizations toward global

expansion, common customer needs, and global marketing opportunities.

Cost Drivers

Varying sourcing efficiency between countries, opportunities for global

scale economies, and high product development costs.

Competitive Drivers

Increased global inter-firm competition, strong interdependences among countries, and high two-way trades and FDI actions.

Hyper-Globalist View

This perspective celebrates how

globalization lifts people out of poverty and

creates opportunities for developing nations

to participate in the global economy.

Pessimist View

This perspective warns against the

homogenization of culture and the widening

gap between rich and poor nations as

globalization advances.

Transformationalist View

This nuanced perspective acknowledges

globalization's complexity and seeks ways

to maximize benefits while minimizing

harms.

Climate Change

represents one of the most pressing challenges in our globalizing world, addressing this issue requires coordinated international efforts to reduce greenhouse gas emissions while promoting sustainable development practices.

Pollution

represents a multifaceted global challenge that affects every ecosystem on Earth. Addressing this issue requires coordinated international efforts, innovative technologies, and changes in consumer behavior to reduce waste and contamination across all environments.

Violence

can be found in the social, cultural and economic aspects of the world, Whether it is conflict that has broken out in a city, hatred targeted at a certain group of people or sexual harassment occurring on the street.

Security and Well Being

The U.N. is a perfect example of preventing this lacking and that is a serious global issue.

Lack of Education

This can be attributed to inequality and marginalization as well as poverty, Organizations worldwide are working to provide tools and resources to support schools and increase access to quality education for all children.

Unemployment

Without the necessary education and skills for employment, many people, particularly 15- to 24-year-old, struggle to find jobs and create a proper living for themselves and their families.

Government Corruption

is a major cause of poverty considering how it affects the poor the most,

eroding political and economic development, democracy and more.

Malnourishment & Hunger

With fighting poverty through proper training for employment, education and the teaching of cooking and gardening skills, people who are suffering will be more likely to get jobs, earn enough money to buy food and even learn how to make their own food to save money.

Substance Abuse

Different classes of people, both poor and rich, partake in substance abuse, and it is a persistent issue throughout the world. Petitions and projects are in progress to end the global issue of substance abuse.

Terrorism

is an issue throughout the world that causes fear and insecurity, violence

and death.