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s and strategies adopted by governmental organizations shapes globalizations as much as globalization dictates the conditions and policy that must be established by governments (Globalization and Global Governance 9-21). The portrayal of globalization as the external force that constrains governments, leaving them with few choices apart from adapting, led the former US President Bill Clinton to remark:
Government and intergovernmental organizations play a varying role to deal with the impact of globalization, depending on the dynamics of the matter at hand. Where globalization is understood in the context of being involved in the erosion of economic, political, social and cultural borders, the government’s role of accepting the process and defining policies that promote such a change can be seen as “making” globalization (The Global Transformation Reader 22-44). The steps taken by the national institutions include the harmonization of regulations that govern various aspects of the system setup, as well as the removal of barriers that prevented free flow of information, goods and services in the past.
The European Union (EU) provides a classic example for understanding the role of governments in acceding to the demands of globalization, by the removal of physical borders and unification of economic might to deal in a more positive manner with the changing dynamics of the global business and development demands (Globalization and Global Governance 77-85). The Schengen treaty allowed the citizens of member states to move with ease across the expanse of the EU; the overall aim being to create a mobile and skilled workforce that would have benefits for all concerned members of the EU.
For the impact of globalization to be dealt with a positive manner, it has been pertinent for governments and related institutions to undertake an open and flexible approach, especially in identifying the areas where comparative advantage can be reached. This is evident when seen
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According to Giddens (2006), globalisation could be defined as an external force, which is an outcome of the changes in the economical, political, social and cultural conditions. These have contributed to enhanced global relationship.
It not only involves expenditure of taxpayers' money towards organizing these types of events but also involves setting up and maintaining the facilities like, Berlin Stadium, Cardiff Millennium Stadium etc. A government is supposed to look after the welfare of its people and state with the judicious use of the exchequer.
Instead, government plan, direct and allocate necessary resources for development. Developmental states experienced tremendous economic growth and development in a short span from early 1960s. To them, development is a
In an increasingly integrated world where phones, internet and improvements in infrastructure have brought people closer, some controversial aspects of globalization are subject to various questions and opinions
Three major forms of grants are used. (Zaki)
These grants are normally seen by the local governments as federal’s government interference in local matters but studies suggest that this control is necessary to
In this role, the corporations have to mind their operations and how they impact the natural environment and societies. They are asked to apply sustainability principles in their business processes (Pamela and Richard 2009). The sustainability implied refers to the
However, the ties among European nations were lost, and this prompted for the formation of European Union to control production in the mining industries in Western Europe.1
In 1957, some European countries such as France, Italy, and Belgium among other signed the
The company’s HR policies have to be suited so as to help the company in the long run and maintain the well being of the employees.
Globalisation has gained impetus in the last few decades and has majorly affected the multinational
Most countries have opened their markets to new international competition regardless of the development status of these countries. As such, both developed and developing countries can compete on the same level without any barriers. Countries in the EU can compete amongst themselves as well as with other countries worldwide.
According to the report the increasing role of transnational companies, blurring the boundaries between different countries, increasing a number of immigrants have become the essential features of the realities of the modern world. It is a well-known fact that globalization process has both positive as well as negative effects.
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